Soneium Plans SONEIUM Token and Entertainment Rights Tools

Sony-backed Soneium plans to issue a SONEIUM ecosystem token and introduce tools for tokenizing entertainment rights, connecting creators, rights holders and fans through its blockchain. The token has not been issued, and Soneium has not set a date for its token generation event. A planned Soneium Portal would support IP issuance, investment, fan participation and revenue distribution. Soneium plans to work with South Korean K-pop IP company DayOneDream to bring concert-business royalties from K-pop artists onchain. Its proposed system would record IP ownership and licensing terms and use smart contracts to distribute royalties.