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Sony-backed Soneium Launches On-Chain Entertainment Platform

Sony-backed Soneium, a blockchain network focused on the digital entertainment economy, announced on October 26 that it is transitioning to an on-chain ecosystem centered on tokenized intellectual property. The platform aims to provide creators with alternative funding mechanisms and automated royalty distribution, supporting applications in music, gaming, anime, film, collectibles, and fan creations. Soneium currently supports more than 250 applications and plans to introduce broader financial instruments, including financial products offering indirect exposure to entertainment.

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