Sony Chain Ecosystem Overview: 60+ Early Projects and Potential Opportunities

Sony Corporation recently established a blockchain department and launched an Ethereum Layer-2 network named Soneium, aimed at providing an open internet platform for creators. As a globally recognized company, Sony has a significant influence in fields such as electronics and entertainment media, and its entry into the Web3 space has garnered widespread attention.

Soneium is an Ethereum Layer-2 network co-created by Sony and Startale Labs. Startale Labs has been involved in building Japan's largest public chain, Astar Network. Soneium is built on the OP Stack and integrated with the Optimism Superchain, providing a universal blockchain platform aimed at creators and developers.

The Soneium Minato testnet was launched on August 28, providing developers with an environment to build and test dApps. At the same time, the Spark incubation program was introduced to provide funding and technical support for ecosystem projects. In just half a month, over 60 projects have announced that they will develop or integrate on Soneium.

The following is an overview of the Soneium ecosystem project, categorized by type:

SocialFi

• Yay!: A social platform with 9 million users is transitioning to Web3
• Metadomo: Decentralized Loyalty Points Trading Platform
• Layer3: An innovative Web3 task platform with 4 million users.

GameFi

• Heal3: A health-related GameFi, may migrate from Astar.
• Derby Race: Horse Racing Prediction Game
• Metapro: GameFi Development Platform
• SuperVol: It may be a gamified prediction market.

RWA

• All Access: Fan Economy Platform
• OpenEden: On-chain US Treasury Bond Protocol
• DeStore Network: Web3 E-commerce Platform

DeFi

• Ionic: Multi-chain lending platform
• L2X Pro: DEX, migrate from Astar
• Very Long Swap: DEX, has launched the test version
• Algem:LSD Protocol
• waveX: perpetual DEX
• UntitledBank: Decentralized Lending Platform
• Velodrome: Established DEX
• Avalon Finance: Multi-Chain Lending Platform
• C14: Lending Platform
• Sake Finance: Lending Platform
• Neemo Finance: LSD Protocol
• QuickSwap: DEX
• Solv Protocol: Cash Flow Tokenization Platform
• SynStation: Token Staking Protocol
• SoneFi: DeFi platform

Infrastructure

• Alchemy: Developer Tools
• Graph Protocol: On-chain data indexing
• Sentio: On-chain monitoring tool
• Thirdweb: Web3 Development Platform
• Pyth Network: Oracle
• Sequence: Web3 Developer Platform

NFT

• Bluez: NFT Market
• Sonova: NFT Market
• NFTs2Me: NFT Deployment Platform

Agreement

Astar zkEVM, Optimism, Circle(USDC) and so on

Cross-Chain Bridge

• Chainlink
• Layerswap
• Superbridge
• Owlto Finance
• Orbiter Finance

Overall, Soneium has attracted numerous projects to join its ecosystem due to Sony's influence, but whether it can stand out in the currently competitive Layer-2 market remains to be seen.