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Line said it wasn’t in bed with Sony’s Soneium after all


The Ly Corporation has denied that the web3 adventure, Line Next, has entered into a business partnership with Soneium, a network supported by Sony Ethereum Layer-2.

The statement, released on March 28, complied with media reports and social media scope suggested that a collaboration has been confined between Ly and Soneium.

“These reports are based on an announcement made by Soneium on (March 12) that it plans to expand its business by using line API and Line Mini Apps on our platform, even without a business partnership or such has been established between Soneium and Ly Corporation,” Ly Says.

In response, a Soneium spokesman told Cointelegraph: “Our March 12 announcement Refers to a partnership, which involves exploring the integration of onchain mini apps within the ecosystem line. We stand by the accuracy of all the content published in our official statement.

“The Ly Corporation also appointed readers of our announcement for context and clarification. Moreover, the Soneium received permission to reference the line to that announcement, and the Kaia Mini app was not exclusive to any single service provider,” the spokesman added.

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Japanese tech Titans and their blockchain ventures

Ly Corporation is a giant Japanese tech formed by Combine Of the many major creatures, including the line – Japan’s largest messaging platform – and Yahoo Japan. The 2023 integration also brought Line’s web3 arm, line to the next, under Ly’s umbrella.

The next line is established by the late 2021 and lifted $ 140 million in December 2023 from a consortium chaired by Crescendo Equity Partners. In January, this launched “Mini Dapps,” which offers society games and content within the Messenger line-pronounced the popularity of Telegram’s mini apps, which has strengthened popularity through tap-to-earn and airdrops games.

The mini dapps of the line are enabled by Kaia, a layer-1 blockchain formed by the merging line’s Finschia chain along with the Kakao Kakao Network. On March 6, Line announced that its mini dapps exceed 35 million users.

The top Mini DAPP has formed $ 773,000 on the month’s launch month. Source: Line Corporation

Like the next line, the soneium is supported by a Japanese tech heavyweight, in this case, Sony. Sony Block Solutions Labs formed, Sonium launched its mainnet in January with features such as NFTs tied to Amazon Prime’s video content.

Soneium has tapped the global power of the Japanese anime

On March 28th, Soneium announced A separate partnership with the Animoca brands to promote anime culture on the web3.