Dubai, India, 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 applications.
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.
Launch Partners Driving Adoption
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:
- Mirai Labs: Leading mobile gaming studio with
27M+ onboarded wallets to date.
- OPEN Ticketing: Already powering 7M+ tickets
across 24,000 events globally.
- Aethir: Delivering next-generation distributed
computing solutions.
- Rivalry: The publicly listed betting company
bringing community ownership to the billion-dollar betting
industry.
- Anomaly: AI-Powered agent orchestration across
Reddit, Telegram, and Discord.
- NooN, Brutal Knights, Gamp, and more.
Pioneering Consumer-First Crypto
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.
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. Sophon is a strategic partner in this accelerator,
supporting the advancement of blockchain-based gaming.
Additionally, Sophon has seeded the $40M Tactical Compute
initiative, targeting projects building at the intersection of
crypto and AI. These partnerships ensure Sophon is not just
building infrastructure – it’s contributing to the growth of the
entire ecosystem.
History in the making
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 (oskari@sophon.xyz)
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.
To learn more about Avail, users can visit availproject.org
Media Contact: Luke Richardson (luke@clpr.agency)
About ZKsync
ZKsync is the pioneering
zero-knowledge technology powering the next generation of builders
with limitless scale. Secured by math and designed for native
interoperability, ZKsync enables the elastic network, an
ever-expanding ecosystem of customizable chains. Deeply rooted in
its mission to advance personal freedom for all, the ZKsync
technology makes digital self-ownership universally
available.
To learn more about ZKsync, users can
visit http://www.zksync.io
Contact
Annu
Shekhawat
Avail
annu@availproject.org