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Soneium plans to issue an ecosystem token SONEIUM, advancing entertainment IP tokenization

PANews October 26 reported that, according to Soneium an official announcement, the Ethereum Layer2 network plans to issue an ecosystem-native token SONEIUM, connecting creators, intellectual property (IP) holders, developers, fans, and investors. Specific token information and the token generation event (TGE) arrangements will be announced later; the token has not yet been issued.Soneium It also announced plans for an on-chain entertainment economy, with Soneium Portal serving as a platform for discovering and participating in IP tokenization projects. The first IP token project is the Japanese character Moriusa; it will subsequently launch a IP Vault for royalty assets and tokenized IP bonds backed by entertainment businesses, and will work with DayOneDream to bring royalties from K-pop concert businesses on-chain.Soneium It also plans to adjust the network's base Gas fee to support network resilience and sustain...