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Sony’s blockchain rolls out “Soneium Score” to incentivize consistent participation

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Sony’s blockchain rolls out “Soneium Score” to incentivize consistent engagement

Sony’s Soneium blockchain has announced an advanced tool that rewards meaningful engagement across its platform.

The Soneium Score aims to transform on-chain activity into a reputation-based model, shifting from the fleeting incentives and one-off airdrops that have shaped the blockchain space to date.

Soneium Score incentivizes users by tracking liquidity provision, NFT holdings, and on-chain activity.

According to the official announcement:

Soneium Score isn’t just another reward system or one-time airdrop – it forms the continuous engagement engine of the Soneium ecosystem. Every transaction, from swapping assets and adding liquidity to minting NFTs, contributes to your unified reputation.

Every onchain action should count 💿 That’s why we built Soneium Score, a new way to reward your proof of contributions across the entire Soneium ecosystem. One score. Multiple ways to earn. Let’s understand how you can evolve your score 🧵👇

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The new approach reflects Soneium’s broader goal: every on-chain action matters. Soneium Score ties engagement to lasting reputation as it seeks to create a loyal and active community.

How does Soneium Score work?

It is more than a gamified point system. It adopts a 28-day season model, with each phase introducing new ways to gain exclusive recognition and earn points.

Participants who secure 80 out of 100 points receive a distinct NFT badge as Soulbound Tokens (SBT) to their wallets.

The scoring system has four cohorts:

Activity Score: incentivizes active engagement according to on-chain actions, including unique active days, active streaks, and transaction counts.

Liquidity Score: tracks user contributions across liquidity pools and total value locked (TVL).

NFT Score: rewards NFT holders of a particular ecosystem.

Bonus Score: allocates points to individuals who interact with featured ventures each season to promote continuous participation and discovery of new projects.

Notably, users cannot trade these badges. That means you can access the entire participation history on-chain, creating transparency and a long-lasting reputation.

Season 1 curtain raisers

Soneium has highlighted two projects within its Bonus Score category to debut Sn 1. It spotlighted DEX Uniswap and gaming platform Evermoon.

The team explained:

To kick off Season 1, we’re spotlighting projects that represent the diversity and creativity of the Soneium ecosystem. Your engagement with them – through transactions, usage, or exploration – can directly contribute to your score.

Other integrations extend to established DeFi ecosystems, including Aave, Velodrome, QuickSwap, Synstation, and Morpho Vaults.

Users interacting with these ecosystems can boost their Soneium points while providing liquidity.

Moreover, the scoring model includes key assets like USDC and Ethereum to increase avenues of Soneium Score participation.

Building a long-lasting reputation through badges

Users who reach the 80-point threshold each season receive an exclusive NFT badge, permanently linked to their wallets.

They confirm users’ participation across different seasons. Individuals can use OpenSea to claim these badges.

Soneium Score positions Sony’s blockchain to dominate the web3 trend by capturing genuine participation, and not speculation.

If successful, the system could help Soneium pioneer a reputation-centric culture that benefits users and ecosystem stakeholders.

The post Sony’s blockchain rolls out “Soneium Score” to incentivize consistent participation appeared first on Invezz

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