Sophon Node Sale

Polkadot News
Polkadot News
Published in
3 min readApr 29, 2024

--

10% discount promo code inside.

TL;DR

  • Node sale launch date: April 30th 2024
  • Link to purchase: https://nodes.sophon.xyz/?code=Polkadot_news
  • 200,000 nodes available in a tiered pricing system, no cap on the number of nodes one can purchase
  • Nodes will be sold on zkSync
  • Nodes are non-transferable for one year post-receipt
  • Claiming rewards for operating a node on Sophon will trigger a 3-month lock-up period for those rewards
  • The node sale is subject to the node sale terms and conditions
  • KYC is required to purchase and receive a node

Disclaimer: not investment advice! Always DYOR and be safe!

About Sophon

Sophon is a platform designed to support entertainment and digital applications, using a technology called zkSync’s Hyperchain. It’s engineered to manage a large volume of data, making it ideal for applications in areas like artificial intelligence and gaming. Sophon serves as a bridge connecting developers, who create applications, with users, who enjoy and utilize these applications. This is supported by strategic partnerships with other tech entities like zkSync, Beam, Zentry, and Aethir.

Sophon aims to ensure fair and rewarding participation for those involved in its ecosystem. Specifically, individuals who help manage the platform’s operations, known as node operators, are tasked with running a specific component called the sequencer. In return for their services, these operators collect fees and are compensated with Sophon’s own digital currency, the $SOPH token. This token rewards them for their contributions to maintaining and securing Sophon’s decentralized infrastructure.

Tokenomics (not final)

Token: $SOPH
*The final tokenomics, allocation, and vesting schedule of the $SOPH token is subject to change until the launch of Sophon, which is expected in Q3 2024.

  • Node Rewards: 20% of the total supply (emitted over 36 months — rewards will be subject to an additional 3-month lock-up period after claim)
  • Sophon Foundation: 25% of the total supply (subject to 12 months cliff and 36 months vesting)
  • Seed contributors: 20% of the total supply (subject to 12 months cliff and 24 months vesting)
  • Advisors: 5% of the total supply (subject to 12 months cliff and 36 months vesting)
  • Ecosystem Reserve: 30% of the total supply for grants and wider ecosystem initiatives to incentivize the growth of the Sophon ecosystem

Team & Investors

Team:

  1. Seb (CEO) https://twitter.com/0xsebastiena
  2. Pentoshi (CMO) https://twitter.com/Pentosh1
  3. Tom (CTO) 7+ years DeFi veteran
  4. Mark (Advisor, CEO at Merit Circle) https://twitter.com/meritcirclorr

Investors:

Spartan, Maven 11, SevenX Ventures, OKX Ventures, HTX Ventures, Matter Labs, Paper Ventures, Lambda Class, Luca Netz, Stani Kulechov and more.

Why Run A Node on Sophon?

Up to 20% of the total $SOPH token supply is reserved for node operators, distributed over three years, linking their compensation to their ongoing involvement and the network’s success.
Revenue from that is simple: num txs * tx fee. Technical documentation will be made available in due course.

Sale Details

Social Links

Sophon: https://sophon.xyz/
Sophon X:
https://twitter.com/sophon
Sophon docs:
https://docs.sophon.xyz/

Sophon Early Supporters Telegram Chat: https://t.me/+UxUCV6OCHJ9jYzhh

Additional Documentation

Sophon Node Tiers & Pricing: https://docs.google.com/spreadsheets/d/1ULyfJ9z18Ujq_AMCNun2d55uZkNZUeqDvm9u127c5bE/edit#gid=1097826785

📢 Polkadot News Daily: follow on Twitter for daily updates!❤️

--

--

Polkadot News
Polkadot News

Polkadot Ecosystem: Weekly Digest and Projects overview. Polkadot Ambassador.