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Cryptocurrency News Articles

Sophon Mainnet Launches Today, Pioneering Consumer-First Crypto Approach

Dec 19, 2024 at 10:15 am

Sophon understands that mainstream users prioritize experiences and value over the underlying blockchain technology. By focusing on entertainment applications that naturally benefit from blockchain’s capabilities, Sophon is creating an ecosystem where the technology enhances rather than complicates the user experience.

Sophon Mainnet Launches Today, Pioneering Consumer-First Crypto Approach

Sophon Mainnet Launches with Unprecedented Scalability, Security, and Cost-Efficiency

120,000 Node Licenses Purchased by Over 5,800 Participants in Record-Breaking Community Support

ZKsync Validium Leverages Avail Data Availability Layer for Unmatched Performance

Strategic Collaborations Drive Consumer-First Crypto Adoption Journey

December 29, 2023 - Sophon, the next-generation entertainment application platform, announces the launch of its highly anticipated mainnet today. This launch marks a significant milestone in the Web3 entertainment landscape, offering a new paradigm for entrepreneurs and major players in the industry to build their products onchain. With a focus on user experience and a growing ecosystem of innovative partners, Sophon is set to unlock the full potential of blockchain for consumers around the world.

Sophon Mainnet Launch: Record-Breaking Community Participation and Strategic Partnerships

The launch comes with significant community support: over 120,000 node licenses purchased by more than 5,800 unique participants are now open for claiming. The SOPH token deploys today in a non-transferable state, with all transactions free for users during this initial phase. Node holders will begin getting rewards from January 1st, with full token transferability and trading expected in Q1 2025.

Sophon’s consumer-first approach focuses on delivering user experiences that encourage mainstream crypto engagement. Debuting with industry leaders selected for their ability to bring blockchain benefits to everyday users:

Beam launches the first gaming-focused fund and accelerator in Abu Dhabi with a target size of $150M. Sophon is a strategic partner in this accelerator, supporting the advancement of blockchain-based gaming.

Sophon seeds the $40M Tactical Compute initiative, targeting projects building at the intersection of crypto and AI.

Highlighting Sophon's dedication to the broader Web3 ecosystem, beyond building infrastructure, is its contribution to the growth of the entire landscape.

Sophon Mainnet Architecture: Modular Blockchain Design Sets New Standard

Sophon's mainnet launch is the first-ever Validium on ZKsync to leverage an external data availability layer powered by Avail, bringing unmatched scalability, security, and savings. By using Avail’s modular application development stack to create its own Light Nodes, Sophon ensures high performance, maintaining full decentralization and data availability, working to set a new standard for modular blockchain designs.

“Sophon embraces the full potential of the Avail Network, illustrating how blockchains can maintain provable decentralization even in high-volume use cases like entertainment” states Anurag Arjun, Co-founder of Avail.

ZKsync is a protocol to deploy L2 blockchains designed to scale Ethereum while maintaining data privacy through a Validium implementation utilizing Avail DA. The zero-knowledge protocol is leveraged to effectively scale the network while also enhancing interoperability

Alex Gluchowski, co-inventor of ZKsync, commented, “Sophon’s mainnet launch on ZKsync marks a pivotal moment in the evolution of blockchain technology. As a ZKsync Validium leveraging Avail, Sophon is poised to transform the industry by offering enhanced scalability, security, and cost-efficiency. With a strong focus on user experience and a growing ecosystem of innovative partners, Sophon is well-positioned to unlock the full potential of blockchain for consumers around the world.”

This modular architecture establishes a new benchmark in blockchain design, making Sophon well-suited for high-throughput applications aiming for mainstream adoption.

“The internet didn’t need to explain how it worked to change the world. Crypto shouldn’t either.” said Sebastien, Co-Founder & CEO of Sophon. “Sophon is building the destination where digital culture, entertainment, and value seamlessly flow together – making crypto a natural part of everyday lifestyle applications. Today is day 0 of that journey.”

About Sophon

Sophon is the ultimate platform for next-gen entertainment applications, spanning everything from gaming to AI-powered experiences. It's primed to be the go-to destination for entrepreneurs and major players in the entertainment industry looking to build their products onchain, offering users novel ways to earn, engage, and enjoy themselves.

To learn more about Sophon, users can visit sophon.xyz

Media Contact:

Oskari Tempakka

[email protected]

About Avail

The Avail Network is a modular application development stack designed to establish blockchains as the verification system for the Internet. By addressing key challenges in rollup scalability, interoperability, and usability, Avail provides a foundational Data Availability (DA) layer built on the same technology planned for Ethereum’s danksharding roadmap, including KZG Commitments and Data Availability Sampling (DAS). Avail is led by Polygon’s former co-founder Anurag Arjun and research lead Prabal Banerjee. Start your Avail journey today at availproject.org.

News source:bravenewcoin.com

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Other articles published on Dec 19, 2024