Modular blockchain Sophon announces SOPH token economics, with 20% of total node allocation
2024-04-25 19:36:04BlockBeatsShare to:
According to BlockBeats, on April 25, Sophon, a modular blockchain based on zkSync, announced the token economics of the token SOPH. The specific allocation and unlocking information are as follows: · 20% for nodes (released in 36 months, and locked for an additional 3 months after receiving); · 25% for the Sophon Foundation (locked for 12 months, then released in 36 months); · 20% for seed contributors (locked for 12 months, then released in 24 months); · 5% for consultants (locked for 12 months, then released in 36 months); · 30% for ecosystem reserves for donations and other ecological incentives. Sophon added that SOPH's final token economic model, allocation and lock-up situation may change before the mainnet launch, which is expected to be in the third quarter of 2024. According to previous news, Sophon completed a US$10 million financing in March this year, with participation from Paper Ventures, Maven 11, The Spartan Group, SevenX Ventures, OKX Ventures, HTX Ventures and others.Introduction To Crypto
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| | Price | Price Change (24h) | Trading Volume (24h) | Market Cap |
|---|
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