๐Ÿ˜ต Sony accused of blocking ๐Ÿ• memecoins on its new Soneium blockchain and withholding investor funds โ›”๏ธ

Morgan Ellis

๐Ÿ˜ต Sony accused of blocking ๐Ÿ• memecoins on its new Soneium blockchain and withholding investor funds โ›”๏ธ
Sony, the tech giant and creator of PlayStation, officially launched its Ethereum layer-2 blockchain, Soneium, on Monday (13).

๐Ÿ’ก Soneium: An Innovative Solution for Content Creators
Developed by Sony Block Solutions Labs (Sony BSL) and announced in August last year, Soneium aims to:

๐Ÿ”บ Connect creators, fans, and communities globally.

๐Ÿ”บ Protect copyrights in a decentralized blockchain environment.

๐Ÿ”บ Promote NFTs as a direct monetization tool for artists.

๐Ÿ”บ Financial Impact and Reactions

Users have reported losses exceeding US$ 100,000 in ETH due to measures implemented by Soneium at its launch. One investor referred to the action as a digital "rug pull," while others criticized the lack of freedom on a platform that was supposed to be decentralized.

๐Ÿ”ฎ Whatโ€™s Next? ๐Ÿค”

โžก๏ธ Learn more about Sonyโ€™s decision to block memecoins by clicking here.

#Sony #Soneium #Blockchain #Ethereum #Memecoins #NFTs

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SonySoneiumBlockchainEthereumMemecoinsNFTs

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