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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 companies similar 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 mission’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 tasks which aren’t simply technologically superior but additionally have the potential to make a profound affect on their communities,” mentioned Danish Chaudhry, Common Companion of Paper Ventures.
“Sophon’s distinctive and modern method to blockchain constructing presents a brand new frontier within the trade. We’re thrilled to be a part of this journey and fully assured in Sophon’s potential 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 sturdy 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 assist its secretive imaginative and prescient. The pioneers behind the mission 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 mission has already raised $10 million from a slew of outstanding buyers and sealed a number of significant strategic partnerships.
ContactItai ElizurItai@marketacross.com
This text was initially revealed on Chainwire
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