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 comparable to Spartan, SevenX, OKX Ventures and Huobi Ventures.
With nothing greater than a handful of tweets so far, the main points of precisely what Sophon entails stay largely unknown. The undertaking’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 assist initiatives which aren’t simply technologically superior but in addition have the potential to make a profound affect on their communities,” stated Danish Chaudhry, Basic Companion of Paper Ventures.
“Sophon’s distinctive and modern strategy to blockchain constructing presents a brand new frontier within the business. We’re thrilled to be a part of this journey and fully assured in Sophon’s skill 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 group in the end and a number of other initiatives rumored to be constructing on Sophon within the gaming and AI area.
With its sturdy community, strategic collaborations and fierce dedication to innovation, Sophon has already made a substantial affect on the VCs and angel traders which have determined to assist its secretive imaginative and prescient. The pioneers behind the undertaking are excited to share extra particulars very quickly.
About Sophon:
Sophon is a blockchain backed by a consortium of main traders. Regardless of its worth proposition remaining largely secretive, the undertaking has already raised $10 million from a slew of outstanding traders and sealed a number of significant strategic partnerships.
ContactItai ElizurItai@marketacross.com
This text was initially revealed on Chainwire
