Soneium announces $SONEIUM token to power entertainment IP economy

Soneium, an Ethereum layer-2 network operated by Sony Block Solutions Labs, has announced plans to issue a native ecosystem token, $SONEIUM. The initiative aims to transition the blockchain into an “onchain entertainment economy” centered on the tokenization of intellectual property (IP).

The proposed framework includes a three-layer “Onchain IP Architecture” consisting of an IP Registry for ownership records, an IP Graph to map relationships between derivative works, and an IP Execution Layer to automate royalty and revenue distributions via smart contracts. The network currently hosts over 250 applications across music, gaming, anime, and film.

Initial projects include the tokenization of the character IP “Moriusa” by Super State Holdings and a partnership with DayOneDream to launch “Tokenized IP Bonds” backed by K-pop concert revenues. Soneium also plans to support the ERC-8432 standard to manage licensing for AI-generated content. While the token plan is a statement of intent, specific details regarding the token generation event (TGE), supply, and distribution have not yet been disclosed.