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Sony's Ethereum Layer 2 Network, Soneium, Launches an On-Chain Points System to Incentivize User Participation in the Ecosystem
6hours ago

Sony's Ethereum Layer 2 network, Soneium, has announced the launch of the "Soneium Score" mechanism, which tracks and rewards users' real-world on-chain participation. The system awards points based on user activity, including asset swaps, staking, and NFT transactions, and evaluates users based on four metrics: daily activity, liquidity contribution, NFT holdings, and interaction with featured projects.

Officials stated that this mechanism aims to address the lack of user reputation continuity in the blockchain ecosystem and the difficulty projects face in attracting active users. The first season of activities has already launched with several ecosystem partners, allowing users to build reputation while exploring applications such as DeFi, games, and digital collectibles. Soneium is a joint venture between Sony Group and Startale Labs. Its mainnet launched in January of this year and has attracted over 14 million wallet addresses during its testing phase. (The Block)