rewrite this content using a minimum of 1000 words and keep HTML tags
Alisa Davidson
Published: November 27, 2024 at 10:30 am Updated: November 27, 2024 at 10:11 am
Edited and fact-checked:
November 27, 2024 at 10:30 am
In Brief
Sophon announced plans to launch its mainnet on December 18, providing users with access to mobile games, AI agent platforms, prediction markets, a memecoin launchpad, and more.
Entertainment-focused blockchain platform Sophon announced its plans to launch its mainnet on December 18th.
The mainnet will provide users access to a variety of features, including ticketing, mobile games, AI agent platforms, prediction markets, exchanges, bridges, a memecoin launchpad, and more. Following the launch, the platform will deliver a curated entertainment experience, with established games deploying on the blockchain.
In conjunction with the announcement, Sophon shared key dates for Guardians. Know Your Customer (KYC) registration will open on December 4th, with the Guardian application launching on December 18th. From December 18th to 31st, the window for claiming and delegating Guardian Membership will be open. Starting January 1st, Node rewards will begin accruing while claiming and delegation will remain open. The Token Generation Event (TGE) and the claim for accrued rewards are scheduled for Q1 2025.
The SOPH token will be deployed alongside the mainnet on December 18th in two phases. The first phase will provide a fully gasless experience to test the network’s stability. During the Genesis phase, SOPH will be live but non-transferable to ensure a secure and stable launch. Guardians will begin accruing rewards from January 1st, even during this non-transferable period. In the second phase, expected to start in Q1 2025, SOPH will become fully transferable and will continue to serve as the network’s gas token. The vesting period for investors and the team will commence when the official TGE begins.
What Is Sophon?
Sophon is built on the zero-knowledge stack, a technology aimed at supporting a wide range of high-throughput applications, including AI and gaming. This blockchain is designed to facilitate seamless interactions between developers and users, with support from partners like zkSync, Beam, Zentry, and Aethir.
In March, Sophon raised $10 million in funding from Paper Ventures and Maven11, with additional backing from Spartan, SevenX, OKX Ventures, and Huobi Ventures, all contributing to the development of its decentralized infrastructure.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
More articles
Alisa Davidson
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
More articles
and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this
Source link
