Sony and Startale’s blockchain initiative, Soneium, will reinvest Layer 2 sequencer revenue into Astar Network’s ASTR token—creating a self-sustaining growth cycle for both ecosystems.
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“It’s for the users who don’t just participate but who actively engage, provide liquidity to DeFi platforms, and interact with Web3 applications in meaningful ways,” said Astar Network Founder, Sota Watanabe.
Soneium is designed to overcome the current challenges of Web3 by creating accessible and engaging applications that appeal to a broader audience beyond tech enthusiasts.
Sony plans to leverage its diverse businesses, including games, music, and cameras, to boost its presence in the cryptocurrency and blockchain sectors.