Sony’s new Ethereum Layer-2 blockchain, Soneium, is getting a major upgrade with the help of Ava Protocol. This partnership aims to make blockchain technology easier to use for everyone, especially developers and creators.
Simplifying Blockchain for Everyone
Ava Protocol’s automation tools will handle the technical stuff behind the scenes, allowing developers and non-technical users to focus on creating and building on Soneium. This includes automatically executing transactions and smart contracts based on predefined conditions.
Empowering Creators with Automation
The collaboration will allow creators to tokenize real-world assets (RWAs) and make them available for fractional ownership. This opens up new ways for creators to monetize their work, including:
- Recurring payments: Get paid regularly for your creations.
- Stop-loss orders: Protect your assets from sudden price drops.
- Yield harvesting: Earn passive income from your assets.
- Dynamic NFT updates and minting: Easily update and create new NFTs.
A Major Transformation for Web3
This partnership is a big step towards making Web3 more accessible to everyone. By simplifying the technology and providing powerful tools, Ava Protocol and Soneium are hoping to attract a wider range of creators and developers.
Both companies believe that Web3 has the potential to transform the world, and they’re committed to making it a reality. They see Soneium as a hub for creativity and innovation, where individuals and communities can come together to build a better future.
Sony’s Vision for Web3
Sony is committed to bringing Web3 technologies to the mainstream. Soneium is designed to be a versatile and user-friendly blockchain that can be used in a variety of industries. The company believes that Web3 has the potential to revolutionize the way we interact with the world, and they’re excited to be a part of this transformation.