Tortola, VA, March 29, 2024, Chainwire

Mysterious blockchain Sophon has efficiently raised $10 million led by Paper Ventures and Maven11. This funding spherical attracted contributions from notable corporations together with Spartan, SevenX, OKX Ventures, and Huobi Ventures.

With only some tweets to this point, the main points of what Sophon means stay largely unknown. The venture's mysterious X synopsis merely states: “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 of supporting initiatives that aren’t solely technologically superior, but in addition have the potential to have a major impression on their communities,” mentioned Paul Ok., common accomplice at Paper Ventures. mentioned one Danish Chowdhury.

“Sofon’s distinctive and revolutionary strategy to constructing blockchain brings new frontiers to the business. We’re excited to be a part of this journey and hope to have a major impression on Web3 and past.” We now have full confidence in Sophon's capabilities.”

Key gamers from a number of industries are in contact with Sofon for extra strategic partnerships, particulars of which might be revealed by the group sooner or later, to construct on Sofon within the gaming and AI area. There are additionally some rumored initiatives.

With a powerful community, strategic collaborations, and a powerful dedication to innovation, Sophon has already made a major impression on VCs and angel buyers who’ve determined to assist its secret imaginative and prescient. The venture pioneers look ahead to sharing extra particulars quickly.

About Sophon:

Sophon is a blockchain backed by a consortium of main buyers. Despite the fact that its worth proposition stays largely secret, the venture has already raised $10 million from a lot of high-profile buyers and entered into a number of significant strategic partnerships.

contactItai Elizur[email protected]

This text was initially revealed on Chainwire