Tortola, BVI, March twenty ninth, 2024, Chainwire
Mysterious blockchain Sophon has efficiently raised $10 million led by Paper Ventures and Maven11. The funding spherical attracted contributions from outstanding corporations resembling Spartan, SevenX, OKX Ventures and Huobi Ventures.
With nothing greater than a handful of tweets up to now, the small print of precisely what Sophon entails stay largely unknown. The venture’s enigmatic X bio merely states that it’s a “modular blockchain powered by [BLANK] and [BLANK] on [BLANK], main us all to a brighter future.”
“Our funding in Sophon aligns with our imaginative and prescient to help tasks which aren’t simply technologically superior but in addition have the potential to make a profound affect on their communities,” stated Danish Chaudhry, Basic Associate of Paper Ventures.
“Sophon’s distinctive and progressive strategy to blockchain constructing presents a brand new frontier within the business. We’re thrilled to be a part of this journey and completely assured in Sophon’s means to make a huge effect on not simply web3 however past.”
Main figures from a number of industries have been liaising with Sophon for extra strategic collaborations, with particulars to be revealed by the workforce sooner or later and several other tasks rumored to be constructing on Sophon within the gaming and AI area.
With its strong community, strategic collaborations and fierce dedication to innovation, Sophon has already made a substantial affect on the VCs and angel buyers which have determined to help its secretive imaginative and prescient. The pioneers behind the venture are excited to share extra particulars very quickly.
About Sophon:
Sophon is a blockchain backed by a consortium of main buyers. Regardless of its worth proposition remaining largely secretive, the venture has already raised $10 million from a slew of outstanding buyers and sealed a number of significant strategic partnerships.
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