Online Vigilante, Did "SonyChain" Rekt the Degens?

25-01-14 18:29

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Soneum, which is the L2 network launched by Sony's blockchain division, Sony Block Solutions Labs, is the real deal "Sony Chain." Today, its mainnet officially launched, but unexpectedly, this Web2 giant rug pulled a bunch of degens right at the start, leading Web3 players to go online for justice...

Being the "Sony Chain," degens eagerly sought to create Sony-themed memes:

$Toro, the Ape Escape monkey, is a game character created by Sony Computer Entertainment, which first appeared in July 1999 as an electronic game character for the PocketStation, a mini-game console produced by the same company, and also became the mascot of Sony. $Toro's market cap reached nearly $1.2 million at its peak.

$aibo, Sony's dog-shaped household robot released in 2017, named after "Artificial Intelligence Robot." This dog, as the first meme dog on the "Sony Chain," reached a market cap peak of nearly $3 million.

Around noon, it was discovered that DYORSwap was unable to smoothly complete swaps for these two tokens. When checking the "Sony Chain" block explorer, the contracts for these two tokens both showed a "Forbidden" status.

Currently, there are still approximately 26 ETH in the $Toro and $aibo pools. With the price drop, it's evident that the "Sony Chain" has caused degens heavy losses on its first day of launch.

@PopPunkOnChain suggested that the "Sony Chain" official seemingly blocked write operations for these two tokens at the sequencer level.

Around 4:40 PM, the "Sony Chain" official Twitter account finally responded, stating that as a project, they are committed to on-chain protection of creators' IP rights.

In their Discord channel, the official Mod stated that as long as these two tokens undergo "rectification," they can still be revived, such as by removing all infringing content like the logo and any plagiarized content on the token's website.

It can also be considered witnessing history... Perhaps this is the first time in history that a blockchain has directly issued a "rectification order" to on-chain assets. As for the "rectification order," so far, both banned tokens have indicated on Twitter that they will actively cooperate to seek early restoration.

Strangely, there have been several transactions of these two tokens on the chain, causing the token's price to plummet continuously. Currently, the "Sony Chain" official team has not yet responded to this situation.

Many have also questioned where the line is drawn in banning tokens, as a token like $PS2, for example, is still thriving.