Alyssa Davidson
Posted: November 27, 2024 10:30 AM Updated: November 27, 2024 10:11 AM
Correction and fact check date: November 27, 2024, 10:30 AM
briefly
Sophon announced plans to launch its mainnet on December 18th, giving users access to mobile games, AI agent platform, prediction markets, memecoin launchpad, and more.
Sophon, an entertainment-focused blockchain platform, announced plans to launch its mainnet on December 18.
The mainnet provides users with access to a variety of features, including ticketing, mobile gaming, AI agent platform, prediction markets, exchanges, bridges, Memecoin launchpad, and more. After launch, the platform will offer curated entertainment experiences through existing games distributed on the blockchain.
Along with the announcement, Sophon shared key dates for Guardians. Know Your Customer (KYC) registration opens on December 4 and the Guardian application launches on December 18. The guardian member application and delegation window will be open from December 18th to 31st. Starting January 1st, node rewards will begin accruing and delegation will remain open. The token generation event (TGE) and cumulative reward claims are scheduled for Q1 2025.
SOPH tokens will be distributed along with the mainnet in two stages on December 18th. The first phase provides a completely gas-free environment to test the stability of the network. During the Genesis phase, SOPH is activated but non-transferable to ensure a safe and stable launch. Even during the non-transferable period, Guardians will begin receiving rewards on January 1st. In the second phase, which is expected to begin in Q1 2025, SOPH will become fully transferable and will continue to serve as the network’s gas token. Once the official TGE begins, the vesting period for investors and teams begins.
What is Sophone?
Sophon is built on a zero-knowledge stack, a technology that aims to support a wide range of high-throughput applications, including AI and gaming. This blockchain is designed to facilitate seamless interaction between developers and users with support from partners such as zkSync, Beam, Zentry, and Aethir.
Last March, Sophon raised $10 million in funding from Paper Ventures and Maven11, with additional support from Spartan, SevenX, OKX Ventures, and Huobi Ventures, all contributing to the development of its decentralized infrastructure.
disclaimer
In accordance with Trust Project guidelines, the information provided on these pages is not intended and should not be construed as legal, tax, investment, financial, or any other form of advice. It is important to invest only what you can afford to lose and, when in doubt, seek independent financial advice. We recommend that you refer to the Terms of Use and help and support pages provided by the publisher or advertiser for more information. Although MetaversePost is committed to accurate and unbiased reporting, market conditions may change without notice.
About the author
As MPost’s resident journalist, Alisa specializes in the broad areas of cryptocurrencies, zero-knowledge proofs, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.
more articles
Alyssa Davidson
As MPost’s resident journalist, Alisa specializes in the broad areas of cryptocurrencies, zero-knowledge proofs, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.
more articles