Ava Protocol, known for its event-driven EigenLayer Active Validated Service (AVS), has partnered with Sony Block Solutions Labs. This collaboration focuses on aiding developers and creators on Sony’s public Ethereum Layer-2 (L2) blockchain, aiming to enhance user experiences and create new opportunities by integrating automation into Soneium.
Introducing Automation to Sony’s Ethereum L2 Blockchain
Ava Protocol alongside Soneium announced their initiative to introduce automation on Sony’s L2 blockchain. This partnership is designed to make blockchain interaction easier for both developers and non-technical users by enabling automated transactions and smart contracts triggered by specific conditions.
The EigenLayer AVS serves as foundational infrastructure within Web3, facilitating cross-chain automation, which allows for the swift deployment of decentralized applications (dApps).
Integrated through the Soneium Spark incubation program, Ava Protocol’s services aim to offer users a reliable and efficient way to automate their projects while enjoying benefits like privacy, compatibility, and reduced transaction fees.
Through this collaboration, creators will have the chance to tokenize Real-World Assets (RWA), unlock fractional ownership, and access innovative distribution methods. This setup empowers artists and developers on Sony’s Ethereum L2 blockchain to monetize their contributions using intuitive, no-code automation tools.
As the inaugural provider of automation for Soneium, Ava Protocol is committed to broadening the scope for monetizing creative works such as art, intellectual properties, and tangible goods. Additionally, it will facilitate functions like recurring transactions, stop-loss orders, yield harvesting, and updates to dynamic NFTs.
Web3 Industry Undergoes Significant Change
According to Sam Shev, Ava Protocol’s Head of Marketing, the collaboration is focused on enhancing the capabilities of creators by lowering Web3 entry barriers:
Soneium is cultivating an inclusive internet that connects creators from diverse backgrounds. Ava Protocol’s robust automation tools will streamline workflow and lessen the entrance obstacles, allowing creators to concentrate on their core mission—creating. We foresee Soneium developing into a central hub for creativity, collaboration, and innovation, empowering individuals and communities to reshape the world through artistic expression.
Chris Li, founder of Ava Protocol, emphasized the project’s mission to simplify access to the Web3 landscape using user-friendly tools:
Ava Protocol is thrilled to partner with Soneium as we work towards making Web3 more inclusive. Our technology equips creators and developers with the essential tools needed to take full control of their contributions. Our integrated automation diminishes complexity, allowing them to innovate without limitations. This partnership marks a significant milestone in our goal to be the foremost solution for smart contract automation on Soneium.
As noted by Bitrabo, Sony’s Ethereum L2 blockchain is part of the company’s strategic effort to expand into the blockchain ecosystem, aiming to popularize Web3 technologies using its extensive distribution channels across various sectors.
Designed as a flexible, multi-purpose blockchain, Soneium aspires to weave Web3 capabilities into everyday applications and fulfill diverse needs across different industries and global user groups. It also emphasizes creating a supportive and innovative environment for developers, communities, and creators.
Sota Watanabe, Director of Sony Block Solutions Labs, acknowledged the Web3 industry’s transformative potential, suggesting that its pivotal challenge lies in ensuring that companies involved can provide solutions that are seamlessly integrated into the daily lives of billions, thereby making Web3 a mainstream reality in the coming years.