Dubai, India, December 18, 2024, PakGazette
Sophon launched its mainnet, introducing the first Validium on ZKsync powered by Avail DA. With more than 500 million dollars in Total (EPA:) Value Locked (TVL) Through Sophon’s agricultural program and a growing ecosystem of established partners, Sophon is paving the way for scalable, consumer-focused blockchain applications.
The launch has significant community support: over 120,000 node licenses purchased by over 5,800 unique participants are now open for claim. The SOPH token is deployed today in a non-transferable state, and all transactions are free for users during this initial phase. Node holders will begin receiving rewards starting January 1, with full token transfer and trading expected in the first quarter of 2025.
Launch Partners Driving Adoption
Sophon’s consumer-centric approach focuses on delivering user experiences that encourage widespread crypto participation. Debuting with industry leaders selected for their ability to bring blockchain benefits to everyday users:
- Mirai Laboratories: Leading mobile gaming studio with over 27 million wallets integrated to date.
- OPEN Ticket sales: It already generates more than 7 million tickets at 24,000 events around the world.
- Aethir: Offering next generation distributed computing solutions.
- Rivalry: The publicly traded betting company brings community ownership to the multi-billion dollar betting industry.
- Anomaly: AI-powered agent orchestration on Reddit, Telegram, and Discord.
- NooN, Brutal Knights, Gamp and more.
Pioneering Consumer-Centric Crypto
Sophon understands that core users prioritize experiences and value over the underlying blockchain technology. By focusing on entertainment applications that naturally benefit from blockchain capabilities, Sophon is creating an ecosystem where the technology enhances, rather than complicates, the user experience.
This vision is reinforced through strategic collaborations with industry pioneers such as Beam, which is launching the first gaming-focused fund and accelerator in Abu Dhabi with a target size of $150 million. Sophon is a strategic partner in this accelerator and supports the advancement of blockchain-based games. Additionally, Sophon has started the $40 million Tactical Compute initiative, targeting projects that are built at the intersection of cryptocurrencies and AI. These partnerships ensure that Sophon does not just build infrastructure but contributes to the growth of the entire ecosystem.
History in the making
The Sophon mainnet launch is the first Validium on ZKsync to leverage an external data availability layer powered by Avail, delivering unparalleled scalability, security and savings. By using Avail’s modular application development stack to create its own Light Nodes, Sophon ensures high performance, while maintaining full decentralization and data availability, working to set a new standard for modular blockchain designs.
“Sophon leverages the full potential of the Avail Network, illustrating how blockchains can maintain demonstrable decentralization even in high-volume use cases like entertainment,” he says. Anurag Arjun, co-founder of Avail.
ZKsync is a protocol for implementing L2 blockchains designed to scale while maintaining data privacy through a Validium implementation using Avail DA. The zero-knowledge protocol is leveraged to effectively scale the network while improving interoperability.
.Alex Gluchowski, co-inventor of ZKsynccommented: “The launch of the Sophon mainnet on ZKsync marks a pivotal moment in the evolution of blockchain technology. As ZKsync Validium leveraging Avail, Sophon is poised to transform the industry by delivering improved scalability, security and cost-effectiveness. 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 sets a new benchmark in blockchain design, making Sophon ideal for high-performance applications seeking widespread adoption.
“The Internet didn’t need to explain how it worked to change the world. Cryptocurrencies shouldn’t do it either.” saying Sébastien, co-founder and CEO of Sophon. “Sophon is building the destination where digital culture, entertainment and value flow together seamlessly, making cryptocurrencies a natural part of everyday lifestyle applications. Today is day 0 of that journey.”
About Sophon
Sophon is the ultimate platform for next-generation entertainment applications, spanning everything from gaming to AI-powered experiences. It is prepared to be the reference destination for entrepreneurs and important players in the entertainment industry who seek to develop their chain products, offering users new ways to earn money, participate and have fun.
For more information about Sophon, users can visit sophon.xyz
Media Contact: Oskari Tempakka ([email protected])
About availability
Avail Network is a modular application development stack designed to establish blockchains as the verification system for the Internet. Addressing key challenges in 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 commits and data availability sampling. data (DAS). Avail is led by former Polygon co-founder Anurag Arjun and research leader Prabal Banerjee. Start your journey with Avail today at availproject.org.
To learn more about Avail, users can visit Availproject.org.
Media Contact: Luke Richardson ([email protected])
About ZKsync
ZKsync is the pioneering zero-knowledge technology powering the next generation of builders with unlimited scale. Protected by mathematics and designed for native interoperability, ZKsync enables the elastic network, an ever-expanding ecosystem of customizable chains. Deeply rooted in its mission to promote personal freedom for all, ZKsync technology makes digital ownership universally available.
To learn more about ZKsync, users can visit
ContactAnnu ShekhawatLeverage[email protected]
