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Soneium Announces Plans to Build an On-Chain Entertainment Economy Using Tokenized IPs and Issue Ecosystem Token $SONEIUM

Source: soneium.org Event types: Online/Update
According to an announcement published on the official Soneium blog, Soneium has announced that it will build an on-chain entertainment economy centered on "tokenized intellectual property (Tokenized IP)" and plans to issue an ecosystem-native token, $SONEIUM, to connect creators, IP holders, developers, fans, and investors. Currently, the Soneium ecosystem already hosts more than 250 applications covering music, gaming, anime, film, collectibles, and other fields. Tokenized IP includes three forms: IP Token, IP Vault, and Tokenized IP Bond. Among them, Moriusa is the first IP Token to go live, with its IP originating from Tokyo entertainment group Super State Holdings. Soneium has also partnered with South Korean K-pop company DayOneDream to bring royalties from concerts by artists such as BTOB and LEE CHAE YEON onto the blockchain in the form of Tokenized IP Bonds. On the technical side, Soneium has built a three-tier architecture consisting of IP Registry, IP Graph, and IP Execution Layer, which are responsible for IP registration and rights confirmation, relationship mapping, and royalty and licensing revenue distribution based on smart contracts, respectively, while supporting the ERC-8432 standard. Additionally, Son

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