m that allows brands to quickly and easily deploy their productsoutput: title: Sophon Founder SEB Talks About the Future of Consumer Public Chains

In October this year, Binance Labs announced an investment in Sophon, bringing its total funding to over $70 million. The Sophon mainnet is expected to launch next month, and the tokens will soon be deployed.

platform that can integrate with Web2 brands and products, allowing them to quickly deploy their products on Sophon and integrate with the crypto space. We are also preparing for this at the product and technical levels, making it easier for Web2 brands to enter the Web3 space.

output: Binance Labs announced an investment in Sophon in October this year, bringing total funding to over $70 million. The Sophon mainnet is expected to launch next month, and the tokens will soon be deployed.

So, how does Sophon stand out from other emerging public chains in the market? And how will Sophon capture the attention of consumers? To explore this, crypto media Blockmates had an in-depth conversation with Sophon founder SEB, discussing why Sophon is an important direction for future consumer public chains.

Below is the full podcast transcript, approximately 7000 words long, with a reading time of about 5 minutes.

Current State of the Crypto Industry

Host:

Today, we have invited Seb, the founder of Sophon, to share some insights. Seb, how have you been lately? What are your goals? Can you introduce your project?

Before we dive deeper, I want to talk about the current state of the industry— we are at the peak of financial nihilism. The industry seems to be at a crossroads, with people feeling lost, and MEME coins are currently all the rage. What do you think about the current state of the industry? We can discuss it from both the present situation and future development perspectives.

Seb:

Thank you for the invitation. In my conversations with friends from various places, I can feel the change in people's mindsets. This year, the market's fatigue is quite evident. Despite many new projects being launched, there hasn't been much overall change, especially after the ECC conference. This sentiment began at the end of last year's bear market, and while expectations for 2024 are high, the market remains confused this year.

Although Web3 introduced many hot concepts in 2023, such as account abstraction and zero-knowledge proofs, the market's vitality is not as expected. Especially when I was in Asia, many people were asking, "What should we do next?"

The rise of MEME coins is a product of this market atmosphere, providing people with a sense of stimulation and new excitement, reflecting the maturity of crypto culture, which integrates various elements of art and pop culture.

This culture is rapidly expressed through MEME coins, allowing people to express themselves and attempt to profit. This is similar to the previous NFT craze, with various innovative projects emerging. I believe that if we don't just adopt a nihilistic attitude but explore the underlying motivations behind these phenomena, we will find many opportunities worth exploring.

It's important to focus on the infrastructure that supports these behaviors. In the previous cycle, platforms like OpenSea and Blur supported the financialization of NFTs. These are built on solid infrastructure, and now tools like pump.fun make cultural expression easier. We will delve deeper into this later.

Sophon’s goal is not to directly provide end products but to focus on creating platforms and products that support user self-expression. Cryptocurrency users often possess independent thinking traits and a desire for free expression. Therefore, by letting go of nihilism and seeing the potential of cryptocurrency, we will discover many promising opportunities.

Host:

From an external perspective, Sophon’s performance is uniquely attractive. By observing your brand presentation and communicating with your team, one can feel your distinctive style. Our brand and promotion leaders are usually critical of projects but have spoken highly of you, indicating that your brand is indeed different.

Even though the current environment is full of changes and challenges, we should not overlook the highlights. These phenomena are areas your team can deeply explore, especially the changes in on-chain user and consumer behavior patterns. Although they may seem off-topic, they actually lay the groundwork for our upcoming discussion. Can you briefly summarize Sophon for readers who are not familiar with it? We will delve into the details later.

Seb:

Thank you for recognizing our brand and visual work. This is an intentional strategy; our creative team has full autonomy and collaborates with top design studios to create appealing works.

Sophon is a public chain focused on consumers and entertainment. While technical discussions are essential, I prefer the public to understand its non-technical side. Sophon represents the next step in the crypto space, and my team focuses on building products using a selected tech stack.

I compare Sophon to early Facebook, which provided a unified account system and user interface, allowing users to interact comprehensively on the platform. However, in the crypto space, the decentralization in various directions poses challenges for new users. Sophon’s core goal is to bring Web2 user experience and intuitiveness into Web3, achieving a more valuable internet experience.

Development of User Experience and Infrastructure