🔔 Foreword:

Recently, I saw on Twitter that Sophon announced the rewards for their Yapper Season 2 have been distributed directly to wallets, and Season 3 is also underway.


@Sophon I noticed this chain before; it feels like a Web3 version of Xiaohongshu + Tieba, but the underlying technology is not simple: Validium built on ZK Stack, and it also has Elastic chain interoperability.


1️⃣ Project Introduction:


Sophon is a new chain based on zkSync technology, specially designed for content applications. It is the kind of 'ZK Layer 2' you can understand, but it does not follow the trading and financial route, instead opting to venture into entertainment, social, and AI directions.

It uses the zkStack technology route, but doesn't put all data on-chain; instead, it opted for a solution called Validium: meaning data is stored off-chain, while ZK algorithms ensure proof. The advantage of this approach is: fast speed, low cost, and capable of handling high-frequency interactions, especially suitable for social, creative tools, and AI applications.

2️⃣ Core Highlights:

🔸 Really inexpensive and not laggy, suitable for light applications: The Validium architecture + zkSync's underlying technology ensures low cost + fast performance. Basic operations on-chain, light interactions, sharing images and posts can all handle the load, and the experience won't be much worse than Web2.

🔸 Accounts can log in with Google and waive gas fees: Sophon takes care of all the pitfalls that newcomers fear, like wallets and gas fees. You can log in using your email or Google with one click, and you don't need to install anything; Paymaster will cover the transaction fees, embodying an invisible blockchain style.

🔸 Supports multi-chain interoperability, a natural on-chain social foundation: Sophon has joined the zkSync Elastic Chain system, enabling interoperability with other zkStack chains. This means it serves as a 'content transfer station'; for instance, social actions you take on other chains may also be reflected on Sophon in the future.

🔸 Implementing a reputation system, content verification, and AI plugins: It supports on-chain verification of Web2 actions using ZK methods. For example, any content you posted on X, YouTube, or Reddit can generate a privacy-protected identity credential. This lays the foundation for a creator reputation system.

Additionally, it has a 'Smart Intelligence Bureau' system that is already collaborating with Aethir and Codex for AI integration; we can expect several on-chain AI Bot applications to emerge in the future.

3️⃣ Funding Situation and $SOPH Token:

The total funding has now exceeded $70 million. In October 2024, they secured their first round of investment from YZi Labs; last March, they completed a $10 million funding round led by Maven11 and Paper Ventures.

They also received investments from major firms and well-known VCs; additionally, they are selling node licenses.

The total token supply is 10 billion, with an initial release of 2 billion. It was listed on Binance and OKX on May 28, and Binance users also received exclusive airdrops. Currently, it serves as incentives and voting within the ecosystem, and will later become a gas token, also used for node staking, governance, badge systems, etc.

4️⃣ Recent Project News:

➤ Launched a Builder Support Program: A total of $4 million plan to incentivize creators, AI projects, and game projects.

➤ Collaborating with Aethir on a node network: Focusing on GPU nodes and AI capabilities, laying the groundwork for future AI-driven DApps.

➤ Yapper Season 3 has started: Season 2 just ended, and the rewards were directly sent to wallets (verifiable on-chain), Season 3 is currently ongoing with a prize pool of about $70,000, ending on June 21. Creators who enjoy writing posts and making videos can give it a try.


🎯 Final Thoughts:

Sophon is designed specifically for content creators and regular Web2 users. It's not complicated to use, has a low threshold, a good experience, and many supporting activities.

Currently, the ecosystem is gradually being built. I feel it's somewhat like the early Lens Protocol, but more focused on entertainment and light social interaction, suitable for creators, AI tool developers, mini-game projects, etc. It doesn't involve too many complex financial operations; the aim is to let more people engage on-chain.

#KaitoAI This article does not constitute any investment advice! Investors should carefully assess risks and market performance! #DYOR

🤝 Thank you everyone!