Sony Launches the Most Bizarre Blockchain 🤨

Sony’s blockchain, Soneium, recently made its debut, but not without controversy.

❗ Developers can freeze any assets or contracts on the network at will.

What Happened?
On the first day, a wave of meme-coins was hit with bans.
Over $100,000 worth of assets are now permanently locked on users’ wallets.

Even tokens with names like $PS2 weren’t spared — if the price didn’t appeal, it was frozen immediately by developers.
While the feature was likely intended for security, the heavy-handed approach is raising eyebrows across the blockchain community. 👨‍💻

Developers wielding such power over assets raises questions about decentralization and user control in Sony's blockchain. The incident serves as a cautionary tale for the community on the potential risks of centralized control within a decentralized system. 👀🔗