{"id":43631,"date":"2024-12-19T01:06:25","date_gmt":"2024-12-19T01:06:25","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/sophon-mainnet-goes-live-with-500m-tvl-and-strategic-industry-collaborations\/"},"modified":"2024-12-19T01:06:25","modified_gmt":"2024-12-19T01:06:25","slug":"sophon-mainnet-goes-live-with-500m-tvl-and-strategic-industry-collaborations","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/sophon-mainnet-goes-live-with-500m-tvl-and-strategic-industry-collaborations\/","title":{"rendered":"Sophon mainnet goes live with $500M TVL and strategic industry collaborations"},"content":{"rendered":"<p><b>(Originally posted on : Invezz )<\/b><br \/>\n<\/p>\n<div><\/div>\n<p>Dubai, December 18th, 2024, Chainwire: <a href=\"https:\/\/sophon.xyz\/\" target=\"_blank\" rel=\"nofollow noopener\">Sophon<\/a> has launched its mainnet, introducing the first-ever Validium on ZKsync powered by <a href=\"https:\/\/www.availproject.org\/?ref=blog.availproject.org\" target=\"_blank\" rel=\"nofollow noopener\">Avail DA<\/a>. <\/p>\n<p>With over $500M in Total Value Locked (TVL) through the <a href=\"https:\/\/farm.sophon.xyz\/\" target=\"_blank\" rel=\"nofollow noopener\">Sophon farming program<\/a>, and a growing ecosystem of established partners, Sophon is paving the way for scalable, consumer-focused blockchain applications.<\/p>\n<p>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. <\/p>\n<p>The SOPH token deploys today in a non-transferable state, with all transactions free for users during this initial phase. <\/p>\n<p>Node holders will begin getting rewards from January 1st, with full token transferability and trading expected in Q1 2025.<\/p>\n<h2 class=\"wp-block-heading\">Launch partners driving adoption<\/h2>\n<p>Sophon\u2019s consumer-first approach focuses on delivering user experiences that encourage mainstream crypto engagement. <\/p>\n<p>Debuting with industry leaders selected for their ability to bring blockchain benefits to everyday users:<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Mirai labs: <\/strong>Leading mobile gaming studio with 27M+ onboarded wallets to date.<\/li>\n<li><strong>OPEN ticketing:<\/strong> Already powering 7M+ tickets across 24,000 events globally.<\/li>\n<li><strong>Aethir:<\/strong> Delivering next-generation distributed computing solutions.<\/li>\n<li><strong>Rivalry:<\/strong> The publicly listed betting company bringing community ownership to the billion-dollar betting industry.<\/li>\n<li><strong>Anomaly: <\/strong>AI-Powered agent orchestration across Reddit, Telegram, and Discord.<\/li>\n<li>NooN, Brutal Knights, Gamp, and more.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Pioneering consumer-first crypto<\/h2>\n<p>Sophon understands that mainstream users prioritize experiences and value over the underlying blockchain technology. <\/p>\n<p>By focusing on entertainment applications that naturally benefit from blockchain&#8217;s capabilities, Sophon is creating an ecosystem where the technology enhances rather than complicates the user experience.<\/p>\n<p>This vision is reinforced through strategic collaborations with industry pioneers, like Beam, which is launching the first gaming-focused fund and accelerator in Abu Dhabi with a target size of $150M. <\/p>\n<p>Sophon is a strategic partner in this accelerator, supporting the advancement of blockchain-based gaming. <\/p>\n<p>Additionally, Sophon has seeded the <a href=\"https:\/\/medium.com\/@onbeam\/beam-foundation-aethir-and-metastreet-unite-to-launch-tactical-compute-a-40m-ai-compute-2f3bd1488eec\" target=\"_blank\" rel=\"nofollow noopener\">$40M Tactical Compute initiative<\/a>, targeting projects building at the intersection of crypto and AI. <\/p>\n<p>These partnerships ensure Sophon is not just building infrastructure \u2013 it\u2019s contributing to the growth of the entire ecosystem.<\/p>\n<h2 class=\"wp-block-heading\">History in the making<\/h2>\n<p>Sophon\u2019s 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. <\/p>\n<p>By using Avail\u2019s 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.\u00a0\u00a0<\/p>\n<p>\u201cSophon embraces the full potential of the Avail Network, illustrating how blockchains can maintain provable decentralization even in high-volume use cases like entertainment,\u201d states Anurag Arjun, Co-founder of Avail.<\/p>\n<p>ZKsync is a protocol to deploy L2 blockchains designed to scale Ethereum while maintaining data privacy through a Validium implementation utilizing Avail DA. <\/p>\n<p>The zero-knowledge protocol is leveraged to effectively scale the network while also enhancing interoperability.<\/p>\n<p>Alex Gluchowski, co-inventor of ZKsync, commented: <\/p>\n<blockquote class=\"wp-block-quote inv-component-break-container is-layout-flow wp-block-quote inv-component-break-container-is-layout-flow\">\n<p>Sophon\u2019s 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.<\/p>\n<\/blockquote>\n<p>This modular architecture establishes a new benchmark in blockchain design, making Sophon well-suited for high-throughput applications aiming for mainstream adoption.<\/p>\n<p>\u201cThe internet didn&#8217;t need to explain how it worked to change the world. Crypto shouldn&#8217;t either.\u201d\u00a0said Sebastien, Co-Founder &amp; CEO of Sophon. <\/p>\n<blockquote class=\"wp-block-quote inv-component-break-container is-layout-flow wp-block-quote inv-component-break-container-is-layout-flow\">\n<p>Sophon is building the destination where digital culture, entertainment, and value seamlessly flow together \u2013 making crypto a natural part of everyday lifestyle applications. Today is day 0 of that journey.<\/p>\n<\/blockquote>\n<p><strong>About Sophon<\/strong><\/p>\n<p><a href=\"https:\/\/sophon.xyz\/\" target=\"_blank\" rel=\"nofollow noopener\">Sophon<\/a> is the ultimate platform for next-gen entertainment applications, spanning everything from gaming to AI-powered experiences. <\/p>\n<p>It\u2019s 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.<\/p>\n<p>To learn more about Sophon, users can visit <a href=\"https:\/\/sophon.xyz\/\" target=\"_blank\" rel=\"nofollow noopener\">sophon.xyz<\/a><\/p>\n<p>Media Contact: Oskari Tempakka (<a href=\"http:\/\/oskari@sophon.xyz\" target=\"_blank\" rel=\"nofollow noopener\">oskari@sophon.xyz<\/a>)<\/p>\n<p><strong>About Avail<\/strong><\/p>\n<p><a href=\"https:\/\/www.availproject.org\/\" target=\"_blank\" rel=\"nofollow noopener\">The Avail Network<\/a> is a modular application development stack designed to establish blockchains as the verification system for the Internet. <\/p>\n<p>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\u2019s danksharding roadmap, including KZG Commitments and Data Availability Sampling (DAS). <\/p>\n<p>Avail is led by Polygon\u2019s former co-founder Anurag Arjun and research lead Prabal Banerjee. Start your Avail journey today at<a href=\"https:\/\/availproject.org\" target=\"_blank\" rel=\"nofollow noopener\"> availproject.org<\/a>.<\/p>\n<p>To learn more about Avail, users can visit <a href=\"https:\/\/www.availproject.org\/\" target=\"_blank\" rel=\"nofollow noopener\">availproject.org<\/a><\/p>\n<p>Media Contact: Luke Richardson (<a href=\"http:\/\/luke@clpr.agency\" target=\"_blank\" rel=\"nofollow noopener\">luke@clpr.agency<\/a>)<\/p>\n<p class=\"ql-align-justify\"><strong>About ZKsync<\/strong><\/p>\n<p class=\"ql-align-justify\"><a href=\"https:\/\/www.zksync.io\/\" target=\"_blank\" rel=\"nofollow noopener\">ZKsync<\/a> is the pioneering zero-knowledge technology powering the next generation of builders with limitless scale. <\/p>\n<p class=\"ql-align-justify\">Secured by math and designed for native interoperability, ZKsync enables the elastic network, an ever-expanding ecosystem of customizable chains. <\/p>\n<p class=\"ql-align-justify\">Deeply rooted in its mission to advance personal freedom for all, the ZKsync technology makes digital self-ownership universally available.\u00a0<\/p>\n<p class=\"ql-align-justify\">To learn more about ZKsync, users can visit <a href=\"http:\/\/www.zksync.io\" target=\"_blank\" rel=\"nofollow noopener\">http:\/\/www.zksync.io<\/a><\/p>\n<p>&nbsp;<\/p>\n<h5 class=\"wp-block-heading\">Contact<\/h5>\n<p>Annu Shekhawat<br \/>annu@availproject.org<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2024\/12\/18\/sophon-mainnet-goes-live-with-500m-tvl-and-strategic-industry-collaborations\/\">Sophon mainnet goes live with $500M TVL and strategic industry collaborations<\/a> appeared first on <a href=\"https:\/\/invezz.com\/\">Invezz<\/a><\/p>\n<p><a href=\"https:\/\/invezz.com\/news\/2024\/12\/18\/sophon-mainnet-goes-live-with-500m-tvl-and-strategic-industry-collaborations\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Invezz ) Dubai, December 18th, 2024, Chainwire: Sophon has launched its mainnet, introducing the first-ever Validium on ZKsync powered by Avail DA. With over $500M in Total Value Locked (TVL) through the Sophon farming program, and a growing ecosystem of established partners, Sophon is paving the way for scalable, consumer-focused blockchain [&hellip;]<\/p>\n","protected":false},"author":3947362360,"featured_media":43632,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[39],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/43631"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362360"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=43631"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/43631\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/43632"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=43631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=43631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=43631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}