In February, Sony Network Communications and Startale Labs launched a Web3 incubator focused on DAOs and NFTs, with Startale overseeing the initiative. In June, Sony’s subsidiary invested $3.5 million in Startale. CEO Sota Watanabe expressed eagerness for deeper collaboration following this capital partnership. He likened their upcoming network to Coinbase’s successful Layer 2 network, Base, highlighting Sony’s size advantage, six times larger than Coinbase, and its potential impact on Web3 technology. This suggests significant advancements in Web3 through Sony and Startale’s collaboration.