Sophon
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Sophon successfully raised $60 million through a node sale on the zkSync Hyperchain platform, just within a week of the auction's launch. The sale included 200,000 nodes and attracted over $60 million in wrapped Ethereum (wETH).
#sophon #blockchain #WETH #Hyperchain #CryptoWatchMay2024
#sophon #blockchain #WETH #Hyperchain #CryptoWatchMay2024
Binance Labs Invests in Sophon to Combine Web3 with Entertainment and AI
Binance Labs has announced its latest investment in Sophon, an innovative platform that's reimagining the intersection of entertainment, gaming, and artificial intelligence. This strategic partnership marks another step forward in bringing Web3 technology to mainstream applications.
Introducing Sophon: Where Entertainment Meets Web3
At its core, Sophon is pioneering a new approach to digital entertainment. The platform leverages zkSync's ZK Stack technology to create a seamless experience for users across gaming, creative applications, and social interactions. What sets Sophon apart is its implementation of native account abstraction, enabling users to interact with applications without worrying about gas fees – a common barrier in the Web3 space.
The platform's infrastructure is built on one of Ethereum's most thoroughly tested Layer 2 solutions, making it both reliable and scalable. This technical foundation positions Sophon to handle the demanding requirements of modern entertainment applications while maintaining the security benefits of blockchain technology.
Strategic Alliances Fueling Growth
Sophon's journey has been strengthened by several key partnerships. The platform was incubated by Merit Circle and has formed strategic alliances with industry players including Beam, Zentry, and Aethir. These collaborations have created a robust ecosystem that serves both developers and end-users, setting the stage for innovative entertainment experiences.
Investment Rationale and Future Impact
Binance Labs' Investment Director, Andy Chang, highlighted Sophon's potential to transform the entertainment sector through its unique approach to Web3 integration. The investment decision was influenced by Sophon's impressive early traction and strong industry partnerships.
Seb, Sophon's CEO, shared the platform's vision: to make advanced technology accessible to everyday users while empowering developers with cutting-edge tools. This aligns perfectly with the growing demand for more intuitive and engaging Web3 experiences.
#sophon #BinanceLabs #ZkSync #ZK #WEB3
Introducing Sophon: Where Entertainment Meets Web3
At its core, Sophon is pioneering a new approach to digital entertainment. The platform leverages zkSync's ZK Stack technology to create a seamless experience for users across gaming, creative applications, and social interactions. What sets Sophon apart is its implementation of native account abstraction, enabling users to interact with applications without worrying about gas fees – a common barrier in the Web3 space.
The platform's infrastructure is built on one of Ethereum's most thoroughly tested Layer 2 solutions, making it both reliable and scalable. This technical foundation positions Sophon to handle the demanding requirements of modern entertainment applications while maintaining the security benefits of blockchain technology.
Strategic Alliances Fueling Growth
Sophon's journey has been strengthened by several key partnerships. The platform was incubated by Merit Circle and has formed strategic alliances with industry players including Beam, Zentry, and Aethir. These collaborations have created a robust ecosystem that serves both developers and end-users, setting the stage for innovative entertainment experiences.
Investment Rationale and Future Impact
Binance Labs' Investment Director, Andy Chang, highlighted Sophon's potential to transform the entertainment sector through its unique approach to Web3 integration. The investment decision was influenced by Sophon's impressive early traction and strong industry partnerships.
Seb, Sophon's CEO, shared the platform's vision: to make advanced technology accessible to everyday users while empowering developers with cutting-edge tools. This aligns perfectly with the growing demand for more intuitive and engaging Web3 experiences.
#sophon #BinanceLabs #ZkSync #ZK #WEB3
Sophon, a blockchain ecosystem for entertainment, raised over $60 million in a node sale, a new fundraising method in crypto, as token sales face increased regulatory scrutiny.
#sophon #blockchain #buythedip #CryptoWatchMay2024 #MicroStrategy
#sophon #blockchain #buythedip #CryptoWatchMay2024 #MicroStrategy
Sophon, a blockchain enigma, secures $10 million from top investors like Paper Ventures & Maven11, stirring the community with its mysterious approach.
#sophon
https://blockchainreporter.net/mysterious-blockchain-sophon-secures-10-million-in-funding-amidst-intrigue/
#sophon
https://blockchainreporter.net/mysterious-blockchain-sophon-secures-10-million-in-funding-amidst-intrigue/
Sophon announces the launch of its Mainnet
#Sophon launches its Mainnet, achieving over $450M in #TVL through its farming program and ecosystem of partners. The $SOPH token launches today in a non-transferable state, offering users free transactions during this initial phase. Node holders will start earning rewards from January 1st, with full token transferability and trading anticipated in Q1 2025.
Sophon is a modular #Layer2 solution designed around the #zkSync hyperchain and powered by #zkStack . The project is backed by Binance Labs, Paper Ventures, The Spartan Group, Maven11, SevenX, OKX Ventures, HTX Ventures and others.
👉 blog.sophon.xyz/mainnet-has-arrived/
#Sophon launches its Mainnet, achieving over $450M in #TVL through its farming program and ecosystem of partners. The $SOPH token launches today in a non-transferable state, offering users free transactions during this initial phase. Node holders will start earning rewards from January 1st, with full token transferability and trading anticipated in Q1 2025.
Sophon is a modular #Layer2 solution designed around the #zkSync hyperchain and powered by #zkStack . The project is backed by Binance Labs, Paper Ventures, The Spartan Group, Maven11, SevenX, OKX Ventures, HTX Ventures and others.
👉 blog.sophon.xyz/mainnet-has-arrived/
$BEAMX
If you don’t understand that Beam is getting rarer and rarer, then I cannot do anything for you.
I don’t think the burn will be triggered today or tonight but it will happens soon.
#sophon #beamx #meritcircle
If you don’t understand that Beam is getting rarer and rarer, then I cannot do anything for you.
I don’t think the burn will be triggered today or tonight but it will happens soon.
#sophon #beamx #meritcircle
🚨What happened in Crypto in the last 12h?🚨
• April 20 is $BTC Halving & $DOGE day.
• $ALT - #myshell_ai announced that it will be deployed by Altlayer. $ALT stakers are likely to receive airdrops of Myshell tokens.
• $BEAM - #sophon has announced a node sale and teased to an airdrop of $SOPH to $BEAM stakers.
• $ERN - #MacnBTC hinted $ERN Catalysts. Looks like a rebranding and airdrop announcement is coming from the Ethernity team.
• $KLAY - DWF Labs has been approved as a new Governance Council member for Klaytn. They plan to purchase 5 million $KLAY.
• $PYTH - #LightLinkChain announced their airdrop-style campaign involving the $PYTH Governance Token stakers.
• $STRAX - Stratis revealed the alpha version of #Solplex_game . The beta is planned for release in September 2024.
• $VITE - Vite Labs has announced the airdrop snapshot date for May 10. $VDAO token airdrop to $VITE holders at a 1:1 ratio.
• $TOKEN - The Floki DAO has approved the TokenFi Supercharger Program, prioritizing $TOKEN stakers for token sale allocations. Activation is set for April 22.
• $WZRD - $WZRD price bounced after the FUD was resolved. #mavensbot team acknowledged the mistake and corrected the previous announcement.
• $ZBCN - Zebec Network has announced that $SB will be integrated on the Zebec Instant Card. #Solbankfi will plan airdrop $SB to the top 1000 ZBCN holders who use the Zebec Instant Card.
• $OMNI - Omni Network team said, "Omni mainnet is closer than you think."
• $ZEUS - Zeus Network has teased that its first major Muses Upgrade to open the gateway to decentralized cross-chain capabilities in Q2 2024.
• The release of Friend tech V2 has been confirmed for April 29.
• April 20 is $BTC Halving & $DOGE day.
• $ALT - #myshell_ai announced that it will be deployed by Altlayer. $ALT stakers are likely to receive airdrops of Myshell tokens.
• $BEAM - #sophon has announced a node sale and teased to an airdrop of $SOPH to $BEAM stakers.
• $ERN - #MacnBTC hinted $ERN Catalysts. Looks like a rebranding and airdrop announcement is coming from the Ethernity team.
• $KLAY - DWF Labs has been approved as a new Governance Council member for Klaytn. They plan to purchase 5 million $KLAY.
• $PYTH - #LightLinkChain announced their airdrop-style campaign involving the $PYTH Governance Token stakers.
• $STRAX - Stratis revealed the alpha version of #Solplex_game . The beta is planned for release in September 2024.
• $VITE - Vite Labs has announced the airdrop snapshot date for May 10. $VDAO token airdrop to $VITE holders at a 1:1 ratio.
• $TOKEN - The Floki DAO has approved the TokenFi Supercharger Program, prioritizing $TOKEN stakers for token sale allocations. Activation is set for April 22.
• $WZRD - $WZRD price bounced after the FUD was resolved. #mavensbot team acknowledged the mistake and corrected the previous announcement.
• $ZBCN - Zebec Network has announced that $SB will be integrated on the Zebec Instant Card. #Solbankfi will plan airdrop $SB to the top 1000 ZBCN holders who use the Zebec Instant Card.
• $OMNI - Omni Network team said, "Omni mainnet is closer than you think."
• $ZEUS - Zeus Network has teased that its first major Muses Upgrade to open the gateway to decentralized cross-chain capabilities in Q2 2024.
• The release of Friend tech V2 has been confirmed for April 29.
🚀Top Project From Recent Funding Round 💰 Sophon 🚀
🎉 Sophon has secured $71.69M in its funding rounds! 🎉
🔹About: Sophon is a community-driven, entertainment-focused ecosystem built on a modular rollup stack leveraging zkSync’s Hyperchain technology. It aims to address high transaction fees and limited cross-chain interoperability, which often lead to fragmented user experiences in current blockchain systems. Sophon is designed for high throughput applications such as artificial intelligence and gaming, making it a versatile platform for developers and users alike. The project has secured significant funding and strategic collaborations with ecosystems like zkSync, Beam, and Aethir.
Sophon’s mainnet launch is highly anticipated, with a focus on seamless user experiences and intuitive designs. The ecosystem includes features like liquidity farming, allowing users to participate and secure SOPH tokens. Additionally, Sophon Guardianship is being developed to support node buyers, enhancing the network’s robustness. With a total value locked (TVL) of $230 million and 23 million Sophon Points farmed, the project is rapidly gaining traction. Sophon aims to push the boundaries of user experience, making blockchain interactions effortless and enjoyable. 🚀🌐
🔹 Lead Investors: The Spartan Group, Binance Labs, OKX Ventures, Naven 11 Capital, HTX Ventures and many more.
🔹 Total Raised: $71.69M.
🔹 Project Category: Modular Chain.
🌟If You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#BinanceTurns7 #Layer1 #ModularBlockchain #sophon #BTC☀️ $TIA
$MANTA
$OMNI
🔹About: Sophon is a community-driven, entertainment-focused ecosystem built on a modular rollup stack leveraging zkSync’s Hyperchain technology. It aims to address high transaction fees and limited cross-chain interoperability, which often lead to fragmented user experiences in current blockchain systems. Sophon is designed for high throughput applications such as artificial intelligence and gaming, making it a versatile platform for developers and users alike. The project has secured significant funding and strategic collaborations with ecosystems like zkSync, Beam, and Aethir.
Sophon’s mainnet launch is highly anticipated, with a focus on seamless user experiences and intuitive designs. The ecosystem includes features like liquidity farming, allowing users to participate and secure SOPH tokens. Additionally, Sophon Guardianship is being developed to support node buyers, enhancing the network’s robustness. With a total value locked (TVL) of $230 million and 23 million Sophon Points farmed, the project is rapidly gaining traction. Sophon aims to push the boundaries of user experience, making blockchain interactions effortless and enjoyable. 🚀🌐
🔹 Lead Investors: The Spartan Group, Binance Labs, OKX Ventures, Naven 11 Capital, HTX Ventures and many more.
🔹 Total Raised: $71.69M.
🔹 Project Category: Modular Chain.
🌟If You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#BinanceTurns7 #Layer1 #ModularBlockchain #sophon #BTC☀️ $TIA
$MANTA
$OMNI
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Based on the final casting data on Dune, pure data analysis.
The casting of $sophon showed a great degree of rationality and refinement. The fee rate during the whole casting process was basically stable at around 50, with no major fluctuations. Compared with $quark, the number of users was more concentrated, and the casting failure rate dropped to 7.17%, indicating a stable risk preference of users.
The lock-up volume of Sophia reached 420BTC, while the loss rate finally reached an astonishing low of only 14.14%; Quark showed a high漲 community sentiment during the casting process, because the failure rate caused by competition It is around 16.21%, and at the same time, the casting pays a lot of fees, almost three times that of Sophia.
Intuitively, $sophon is the most likely to become the most native satoshi-like token on ARC20. One Satoshi X One Sophia. It seems that there is no obstacle to use Sophia for the basic infrastructure fee of ARC in the future.
#sophon #Arc20 #atomicals $BTC $ATOM
The casting of $sophon showed a great degree of rationality and refinement. The fee rate during the whole casting process was basically stable at around 50, with no major fluctuations. Compared with $quark, the number of users was more concentrated, and the casting failure rate dropped to 7.17%, indicating a stable risk preference of users.
The lock-up volume of Sophia reached 420BTC, while the loss rate finally reached an astonishing low of only 14.14%; Quark showed a high漲 community sentiment during the casting process, because the failure rate caused by competition It is around 16.21%, and at the same time, the casting pays a lot of fees, almost three times that of Sophia.
Intuitively, $sophon is the most likely to become the most native satoshi-like token on ARC20. One Satoshi X One Sophia. It seems that there is no obstacle to use Sophia for the basic infrastructure fee of ARC in the future.
#sophon #Arc20 #atomicals $BTC $ATOM
Sophon (SOPH) has introduced a node sale system, allowing node holders to manage the blockchain's sequencer and earn sequencer fees.
#sophon #soph #bitcoinhalving #BullorBear #Megadrop
#sophon #soph #bitcoinhalving #BullorBear #Megadrop