Recently, there is finally a node-based project that has launched on Binance + Upbit Korean Won.

The total supply of Sophon is 10 billion tokens, with an initial circulation of about 20%, higher than the recent Huma (17.33%), NXPC (16.9%), and SIGN (12%).

Among them:

· 6% airdropped to L1 Farmers

· 3% for zkSync and early supporters

· 1.5% for Binance BNB HODLer airdrop

· 1.75% mapped to the BNB chain (part of Alpha airdrop)

· 0.5% for other airdrops or incentive activities

This project has about 20% of the token share, which was sold for node issuance, officially raising about 62.7 million USD, with a total of 120,000 nodes sold, therefore it is estimated that:

The average participation cost for nodes is 0.03, corresponding to a valuation of 300 million USD.

However, due to the fluctuating selling price of the nodes over time, with early sales being cheaper and later sales being more expensive, therefore:

The cost of the last round of nodes is 0.05, corresponding to a valuation of 500 million USD.

These are also the biggest future releases of Sophon, with a phased unlocking over 36 months, and when applying for withdrawals, an additional 3-month lock-up is required, hence the earliest large-scale unlocking of SOPH will come 3 months later.