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K-Pop and Anime Creators Join Sony-Backed Soneium to Tokenize Their IP

K-Pop and Anime Creators Join Sony-Backed Soneium to Tokenize Their IP

Photo: TheCoinrise

The blockchain network is reportedly developing a native token tied to entertainment rights and royalty flows. Soneium, the blockchain network backed by Sony, has reportedly entered partnerships with creators in the K-pop and anime industries. The goal is to tokenize intellectual property tied to these entertainment categories, according to reporting from Bitcoin.com News. Separately, The Cryptonomist reported that Soneium is planning a native token built around entertainment IP and royalty distribution. The two reports point to a broader effort by Soneium to position itself as infrastructure for the entertainment sector, rather than a general-purpose blockchain competing only on transaction throughput.

Source: TheCoinrise

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