Sony’s Ethereum L2 Joins Ava Protocol To Support Creators, Here’s How

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As a seasoned researcher with over two decades of experience in the tech industry, I find this collaboration between Ava Protocol and Sony Block Solutions Labs to be an exciting leap forward for the Web3 space. Having witnessed the evolution of blockchain technology since its inception, it’s refreshing to see companies like Sony embracing this transformative technology and working towards mainstream adoption.

Ava Protocol, an event-driven platform known as Active Validated Service (AVS), has partnered with Sony Block Solutions Labs. The aim is to assist developers and content creators on Sony’s public Ethereum Layer-2 blockchain. By doing so, they hope to streamline user experience and unlock opportunities through automation within the Sony ecosystem, named Soneium.

Automation Arrives At Sony’s Ethereum L2 Blockchain

Ava Protocol and Soneium have teamed up to introduce automation into Sony’s fresh Ethereum L2 blockchain. The collaboration is designed to streamline the blockchain experience for both Soneium developers and non-tech users, as it will manage transactions and smart contracts according to predetermined criteria.

The EigenLayer AVS provides Web3 infrastructure to support cross-chain automation, enabling composable autonomous transactions and allowing developers to deploy dApps rapidly.

Within the framework of the Soneium Spark nurturing initiative, Ava Protocol’s system is being developed to deliver a reliable and trust-free tool for project automation. This tool aims to grant users privileged access to features such as privacy, compatibility, and reduced transaction expenses.

This partnership empowers creators to transform real-world assets into tokenized forms (RWA) and facilitate fractional ownership, along with innovative distribution strategies. This opens up opportunities for Sony’s Ethereum L2 blockchain developers and content creators to monetize their projects using purpose-driven, user-friendly automation without needing specialized coding skills.

On the innovative platform of Soneium, Ava Protocol aims to create avenues for earning income from artistic works, intellectual properties, and tangible items. It also offers features such as regular payments, safety measures like stop-loss orders, yield optimization, and dynamic NFT update and minting capabilities.

Web3 Industry in A ‘Major Transformation’

Sam Shev, Ava Protocol’s Marketing Chief, emphasized that the collaboration aims to remove obstacles for creators in transitioning to Web3, thereby empowering them to showcase their top abilities.

As a crypto investor, I’m excited about Soneium’s mission to build an open internet that bridges gaps and unites creators worldwide. Ava Protocol’s advanced automation features will simplify procedures and lower entry barriers, giving creators more time to excel at what they do best – creating. My hope is that Soneium will evolve into a vibrant hub for creativity, collaboration, and innovation, empowering individuals and communities to shape the world through human ingenuity.

In summary, Chris Li, the creator of Ava Protocol, emphasized that their projects aim to make it straightforward for people to navigate the Web3 realm using user-friendly tools and resources.

Ava Protocol is thrilled to team up with Soneium in the quest to make the Web3 environment more user-friendly. Our technology equips creators and developers with essential tools, empowering them to take charge of their digital assets. By streamlining automation through Ava Protocol, we reduce complexity, allowing for unrestricted innovation. This partnership moves us a big step closer to our goal of becoming the foremost smart contract automation solution on Soneium.

According to Bitcoinist, Sony’s entry into Ethereum L2 blockchain forms part of their broader strategy to grow within the blockchain sector. The goal is to make Web3 technologies more accessible to the general public by utilizing their extensive industry networks.

Soneium is built as a flexible, all-purpose blockchain with the goal of incorporating Web3 into everyday apps, catering to various requirements across diverse industries and user groups worldwide. It also strives to establish a “strong, developer-friendly ecosystem” that encourages innovation, fosters communities, empowers creators, and supports developers.

Sota Watanabe, head of Sony Block Solutions Labs, highlighted the significant shift occurring within the Web3 sector. He emphasized that the defining point for companies working in this space will be whether they can develop solutions so universally adopted that everyday users incorporate them seamlessly into their routine activities, ultimately mainstreaming Web3 over the next few years.

Sony’s Ethereum L2 Joins Ava Protocol To Support Creators, Here’s How

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2024-10-02 17:42