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soneium
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๐ฅ BREAKING NEWS ๐ฅ
While several projects are shutting down, Soneium continues to run its user engagement initiatives. Soneium launched its testnet in 2024 and plans a mainnet launch in 2025. Despite completing 12 seasons of its Soneium Score program, the project has yet to announce a token launch date.
Consequently, user engagement metrics have experienced a significant decline:
- Monthly active accounts decreased sharply from 1.7 million to 66,000.
- Total deposited funds fell from a peak of nearly $50 million to $2.6 million.
The official timeline for the token release remains unconfirmed by the development team.
#Soneium #CryptoNews
$ADA $SOL $BTC
Source: Compiled
While several projects are shutting down, Soneium continues to run its user engagement initiatives. Soneium launched its testnet in 2024 and plans a mainnet launch in 2025. Despite completing 12 seasons of its Soneium Score program, the project has yet to announce a token launch date.
Consequently, user engagement metrics have experienced a significant decline:
- Monthly active accounts decreased sharply from 1.7 million to 66,000.
- Total deposited funds fell from a peak of nearly $50 million to $2.6 million.
The official timeline for the token release remains unconfirmed by the development team.
#Soneium #CryptoNews
$ADA $SOL $BTC
Source: Compiled
๐ฅ BREAKING NEWS ๐ฅ
While several projects are shutting down, Soneium continues to run its user engagement initiatives. Soneium launched its testnet in 2024 and plans a mainnet launch in 2025. Despite completing 12 seasons of its Soneium Score program, the project has yet to announce a token launch date.
Consequently, user engagement metrics have experienced a significant decline:
- Monthly active accounts decreased sharply from 1.7 million to 66,000.
- Total deposited funds fell from a peak of nearly $50 million to $2.6 million.
The official timeline for the token release remains unconfirmed by the development team.
#Soneium #CryptoNews
$ADA $SOL $BTC
Source: Compiled
While several projects are shutting down, Soneium continues to run its user engagement initiatives. Soneium launched its testnet in 2024 and plans a mainnet launch in 2025. Despite completing 12 seasons of its Soneium Score program, the project has yet to announce a token launch date.
Consequently, user engagement metrics have experienced a significant decline:
- Monthly active accounts decreased sharply from 1.7 million to 66,000.
- Total deposited funds fell from a peak of nearly $50 million to $2.6 million.
The official timeline for the token release remains unconfirmed by the development team.
#Soneium #CryptoNews
$ADA $SOL $BTC
Source: Compiled
โ
Developing on blockchain isnโt for everyone.
Sony thought that was the way forward, but things didnโt turn out as expected.
The #Soneium network, which once surpassed +$200 million in TVL, today barely has $7 million. In addition, it generates revenue of only $83 per day.
The network fell behind, and its time on the blockchain will be forgottenโfar from the great successes the brand has built throughout its history, such as:
- Walkman
- PlayStation
- Trinitron (TV)
- Compact Disc (CD)
- Cyber-shot (cameras)
- Bravia (TVs)
- Discman
- Sony Music
- Sony Pictures
Thatโs the industry. What matters is to try and not fall behind.
Sony thought that was the way forward, but things didnโt turn out as expected.
The #Soneium network, which once surpassed +$200 million in TVL, today barely has $7 million. In addition, it generates revenue of only $83 per day.
The network fell behind, and its time on the blockchain will be forgottenโfar from the great successes the brand has built throughout its history, such as:
- Walkman
- PlayStation
- Trinitron (TV)
- Compact Disc (CD)
- Cyber-shot (cameras)
- Bravia (TVs)
- Discman
- Sony Music
- Sony Pictures
Thatโs the industry. What matters is to try and not fall behind.
๐ Big Asian giants on board! Sony and Hyundai are betting big on stablecoins.
The Web3 ecosystem doesnโt stop ๐
Recently, one of the most important pieces of news for institutional adoption was confirmed. Major corporations like Sony and Hyundai are redefining their global operations by integrating stablecoins.
๐ฎ Sony is going for its own stablecoin on its network โSoneiumโ: Sony Bank has received conditional approval to issue its own 1:1 dollar-backed stablecoin. Whatโs most interesting is that it will run on Soneium, its own Layer 2 blockchain built on Ethereum.
The goal is to integrate it at scale for native payments on PlayStation Network, streaming services, and animeโeliminating the costly fees of traditional credit cards.
๐ Hyundai optimizes its global operations with USDT.
The automaker giant is adopting USDT (Tether) as a key tool to improve the efficiency of its payments in international trade. By operating with USDT on already established networks such as TRON and Ethereum, the multinational can move cross-border capital immediately and with minimal costs.
While Sony is betting on its own ecosystem and control thanks to its Soneium blockchain, Hyundai prefers to jump onto the crypto highways that already exist to speed up its global liquidity.
Transactional efficiency is the real bridge to enterprise adoption!
#Sony #Soneium #Hyundai $USDT #Web3
The Web3 ecosystem doesnโt stop ๐
Recently, one of the most important pieces of news for institutional adoption was confirmed. Major corporations like Sony and Hyundai are redefining their global operations by integrating stablecoins.
๐ฎ Sony is going for its own stablecoin on its network โSoneiumโ: Sony Bank has received conditional approval to issue its own 1:1 dollar-backed stablecoin. Whatโs most interesting is that it will run on Soneium, its own Layer 2 blockchain built on Ethereum.
The goal is to integrate it at scale for native payments on PlayStation Network, streaming services, and animeโeliminating the costly fees of traditional credit cards.
๐ Hyundai optimizes its global operations with USDT.
The automaker giant is adopting USDT (Tether) as a key tool to improve the efficiency of its payments in international trade. By operating with USDT on already established networks such as TRON and Ethereum, the multinational can move cross-border capital immediately and with minimal costs.
While Sony is betting on its own ecosystem and control thanks to its Soneium blockchain, Hyundai prefers to jump onto the crypto highways that already exist to speed up its global liquidity.
Transactional efficiency is the real bridge to enterprise adoption!
#Sony #Soneium #Hyundai $USDT #Web3
Verified
Last August, I wrote about the past and present of Japan's public chain Astar Network/Startale Labs.
Astar Network is a Layer 1 public chain built on the Polkadot parachain.
Startale Labs is the dev team behind the Astar Network public chain.
Through tech collaboration, Startale Labs helped Sony's blockchain subsidiary, Sony BSL, set up the gaming public chain Soneium. However, Soneium is not a Layer 1 based on the Polkadot parachain; it's an Ethereum Layer 2 built on the OP-stack.
Now, the Startale Labs team has launched the Startale App, which is a web-based mini-game app specifically for the Soneium gaming public chain.
Polkadot and its parachains have been completely abandoned (what a waste of a good hand).
Today, I tried out a few mini-games in the Startale App; the game quality is pretty decent, but the optimization still needs work, especially when connecting to the Soneium chainโit takes at least half a minute, which is a terrible waiting experience.
However, considering these games only went live on May 13th, there's plenty of room for optimization moving forward, so Iโll keep an eye on it while playing.
#Soneium
#opstack
#Polkadot
Astar Network is a Layer 1 public chain built on the Polkadot parachain.
Startale Labs is the dev team behind the Astar Network public chain.
Through tech collaboration, Startale Labs helped Sony's blockchain subsidiary, Sony BSL, set up the gaming public chain Soneium. However, Soneium is not a Layer 1 based on the Polkadot parachain; it's an Ethereum Layer 2 built on the OP-stack.
Now, the Startale Labs team has launched the Startale App, which is a web-based mini-game app specifically for the Soneium gaming public chain.
Polkadot and its parachains have been completely abandoned (what a waste of a good hand).
Today, I tried out a few mini-games in the Startale App; the game quality is pretty decent, but the optimization still needs work, especially when connecting to the Soneium chainโit takes at least half a minute, which is a terrible waiting experience.
However, considering these games only went live on May 13th, there's plenty of room for optimization moving forward, so Iโll keep an eye on it while playing.
#Soneium
#opstack
#Polkadot
Cathyๅง็ฉๆธธๆ
ยท
--
Research on Blockchain Game Projects in the Polkadot Ecosystem in the Asia-Pacific Region (1) - Japan's Astar Network
Recently, when I had some free time, I researched the ecological development of Polkadot in Asia and found that Polkadot is ultimately a Western public chain technology ecosystem. This afternoon, I asked a circle of acquaintances who work in blockchain games, and none of them are working on projects in the Polkadot ecosystem.
However, during the inquiry, I also discovered several Polkadot projects belonging to the broader Asia-Pacific region, including Japan's Astar Network chain, New Zealand's Mnet Pioneer metaverse project, and I've heard that many anonymous gambling projects use Polkadot public chain technology.
Today, I'm looking at this Astar Network from Japan.
However, during the inquiry, I also discovered several Polkadot projects belonging to the broader Asia-Pacific region, including Japan's Astar Network chain, New Zealand's Mnet Pioneer metaverse project, and I've heard that many anonymous gambling projects use Polkadot public chain technology.
Today, I'm looking at this Astar Network from Japan.
Japan's Sony gaming public chain Soneium has kicked off tasks on the Startale platform, so you can hop in and earn some crypto while gaming!
Startale secured $68 million in funding back in March, and on May 13th, they launched 17 mini-apps/games, all on the Soneium chain.
โ
โInvite link: https://app.startale.com/sign-up?code=CLOHBZ38
#Soneium
#Sony
#StartaleLabs
#GameFi
Startale secured $68 million in funding back in March, and on May 13th, they launched 17 mini-apps/games, all on the Soneium chain.
โ
โInvite link: https://app.startale.com/sign-up?code=CLOHBZ38
#Soneium
#Sony
#StartaleLabs
#GameFi
๐ ๐๐น๐ฝ๐ต๐ฎ: ๐๐ป๐ฑ๐ฒ๐ฟ ๐๐ต๐ฒ ๐ฟ๐ฎ๐ฑ๐ฎ๐ฟ ๐๐ฆ๐ง๐ฅ ๐ถ๐ ๐ฎ๐ฏ๐ผ๐๐ ๐๐ผ ๐ด๐ฒ๐ ๐ฝ๐ฟ๐ถ๐ฐ๐ฒ๐ฑ ๐น๐ถ๐ธ๐ฒ ๐๐๐ถ๐น๐ถ๐๐, ๐ป๐ผ๐ ๐ต๐๐ฝ๐ฒ
Yoki Arcade left 3,325 holders and -9,350 Yoki Cores minted, then kept going: Cores feed Soneium Score Season 11 so holders earn just by holding ๐ no off ramp, onchain asset keeps running
Catalyst stack on Astar/Soneium is where the bid forms sleeping on $ASTR now means watching it move later @astarnetwork #Soneium
Yoki Arcade left 3,325 holders and -9,350 Yoki Cores minted, then kept going: Cores feed Soneium Score Season 11 so holders earn just by holding ๐ no off ramp, onchain asset keeps running
Catalyst stack on Astar/Soneium is where the bid forms sleeping on $ASTR now means watching it move later @astarnetwork #Soneium
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