Sophon Mainnet Launches with $500 Million in TVL and Strategic Collaborations in Blockchain Industry

Sophon has officially launched its mainnet, introducing the first-ever Validium on ZKsync powered by Avail DA. With a remarkable $500 million in Total Value Locked (TVL) through the Sophon farming program, accompanied by a strong ecosystem of strategic collaborations, Sophon is set to revolutionize consumer-friendly blockchain applications.

The launch has garnered substantial community engagement: over 120,000 node licenses purchased by more than 5,800 unique participants are now available for claiming. The SOPH token is being deployed in a non-transferable state, allowing for free transactions during this initial phase, with rewards for node holders commencing January 1, 2025.

Key Partners Driving Adoption

Sophon’s focus on user experience positions it prominently in the market. Collaborations with industry leaders such as:

• Mirai Labs: Pioneering mobile gaming with over 27 million wallets onboarded.
• OPEN Ticketing: Managing 7 million tickets across 24,000 events worldwide.
• Aethir: Innovating in distributed computing solutions.
• Rivalry: A leading public betting company.
• Anomaly: Utilizing AI across major platforms such as Reddit and Discord.

Shaping the Future of Consumer-Centric Crypto

Understandably, mainstream users prioritize experiences and value. Sophon aims to deliver applications that highlight the benefits of blockchain technology seamlessly. This vision extends through collaborations, such as with Beam, launching a gaming-focused fund in Abu Dhabi, supported by a $150 million target and strategic backing from Sophon. Additionally, Sophon is championing the $40 million Tactical Compute initiative, which encourages projects at the intersection of crypto and AI.

The mainnet launch represents a significant leap for scalability and security in blockchain, leveraging Avail’s external data availability layer to set new standards in modular blockchain design. With a commitment to decentralization, Sophon is uniquely positioned for high-throughput applications.

Alex Gluchowski, co-inventor of ZKsync, noted that this launch not only emphasizes scalability but also represents a transformational phase in blockchain technology, focusing on user experience while fostering a community of innovative partners.

About Sophon and Its Vision

Sophon is establishing itself as a premier platform for next-generation entertainment applications, offering avenues for developers and users alike to engage in the blockchain ecosystem creatively and seamlessly.

For further insights on Sophon, visit sophon.xyz.