Sophon | Strategy
Imagine a world where digital entertainment isn't just consumed – it's truly owned. Where online achievements have real value, cultural moments can be captured, and communities thrive without artificial barriers. Today's internet transformed how we connect; tomorrow's internet will transform how we create, own, and engage with digital culture.
Where we're at
The current crypto market is filled with all kinds of tokens and platforms but struggles with attracting net new users and liquidity. Speculation (mainly memecoins & perps) and yield farming activities dominate, leaving a void in genuine user interaction and creativity.
SOPHON recognises these challenges as opportunities to innovate and do things differently. It is clearly evident from the lack of user stickiness, rapid liquidity rotation and ephemeral lifecycle of projects that something needs to change.
This creates a need for a fresh, innovative approach to attract and retain new users.
SOPHON’s ambition is to redefine this landscape by focusing not just on technology but on the cultural and community aspects that drive meaningful engagement.
Our vision is to create a seamless, engaging, and culturally rich ecosystem that integrates crypto with everyday consumer applications. We aim to make blockchain technology accessible, intuitive, and indispensable for all users, whether they are crypto-native or, more importantly, new to the space. By leveraging advanced features like native account abstraction (AA) and paymasters from the ZKsync codebase, SOPHON will offer a seamless platform that simplifies user interactions and enhances the overall experience.
At the heart of SOPHON’s strategy is the belief that the next major use case for crypto will emerge from outside the current crypto-native echo chamber. We are committed to fostering a community where new builders and Web2 users feel welcomed and empowered to innovate.
Our approach is inspired by successful design-centric brands like Apple, which seamlessly integrate technological innovation with culture defining consumer products, creating a sense of delight, belonging, and exclusivity among their users.
We aim to build a platform for culture onchain, where users can create and engage with cultural artefacts and moments. By focusing on both top-down partnerships and bottom-up community engagement, SOPHON will cultivate a vibrant ecosystem that transcends the traditional blockchain narrative.
Our mission is to be the go-to platform for consumer friendly products (from partners and SOPHON itself), where technology serves the lifestyle and habits of every user, setting the stage for a new era of valuable interactions and innovation.
The TL;DR
- What is SOPHON?
- What makes SOPHON special, different?
- Why choose SOPHON?
What is SOPHON?
SOPHON is the all-in-one destination for engaging onchain consumer experiences. By integrating Web3 with everyday lifestyle applications, we make crypto accessible, intuitive, and essential for both newcomers and experienced users alike.
What makes SOPHON different?
SOPHON stands out by delivering a unified, consumer-focused platform, serving both as a consumer product and as an ecosystem for builders. Unlike traditional crypto platforms, SOPHON prioritizes seamless user experience, simplifying interactions to increase user engagement. We place strong emphasis on culture and community, providing a space where infrastructure serves both users and developers to launch cultural expressions. Imagine a platform similar to Facebook in its early days – where a single login enabled messaging, event organization, and gaming. SOPHON brings that consistency to crypto, guiding users to develop consumption habits that ultimately settle onchain.
Why do users choose SOPHON?
SOPHON'S partnerships with leading brands in gaming, sports betting, ticketing, consumer AI, and more, create a unique ecosystem, offering applications that go beyond the speculative focus of most blockchain platforms. With real products backed by strong market fit, SOPHON provides authentic engagement opportunities across verticals, making it the go-to destination for web3 experiences. Users don't need to understand blockchain to benefit from its power – they simply experience entertainment as it should be: intuitive, engaging, and truly theirs.
Why do developers choose SOPHON?
Developers care about users, and so do we. We're focused on attracting new "regular" users, rather than competing for the limited crypto-native audience. Our commitment is to build a platform that makes onchain experiences accessible to everyone – no MetaMask or technical knowledge required. Users don't go to sites like base.com or solana.com to "experience crypto"; they go straight to the apps they love. SOPHON makes it easy for developers to build consumer-focused applications that welcome first-time users, who can sign in with Google or a secure passkey, creating a non-custodial wallet in the background.
Current Market Analysis
The crypto market, whilst growing consistently year-on-year, is currently facing significant challenges that block widespread adoption and meaningful user engagement. It’s the elephant in the room that most native users are conscious of but choose to ignore or simply feel helpless to solve:
It’s largely the same early-adopter users (players) since last cycle, moving from chain-to-chain, chasing new things. App builders are only marginally innovating, infra builders are doing great things but the market doesn’t care, VC-coins are down only but cult-like communities are growing, whilst most shitcoin narrative PnD within days. And yes, HYPE is the exception.
The crypto market today is characterised by a proliferation of networks to launch projects and tokens; L1’s like Ethereum, Solana, Cosmos app chains and now EVM rollups chains. Despite the abundance of these assets and the ease of deployment, user engagement remains limited, and worst, liquidity is completely fragmented.
The majority of activity within crypto revolves around speculative trading (perps, memecoins) and yield farming, with otherwise little to no practical application or sustained user interaction. The obvious main exception here is payments - which Circle, USDT & Tron have mastered well and PMF is clear.
SOPHON provides a different focus in ecosystem construction (choosing novel, different dApps, projects), and adopts a different approach to Web2 + Web3 (adding blockchain to existing lifestyle/consumer apps) with the goal of layering in different products into a blockchain ecosystem such that it becomes more usable / relevant for everyday users.
Speculation on Memecoins
A significant portion of the market activity is driven by speculation on memecoins, which almost always lack inherent utility and instead represent culture and communities onchain. There is clearly value in the fair-launching and memetic/cult value of the larger memecoins, but more often than not, they are often zero-sum games, very difficult (quasi-impossible) to predict or insider-driven. This results in the grand majority of memecoins round tripping, often with velocity whilst the early cabal or snippers cash out.
SOPHON plans to develop mechanisms and products that extend engagement from memecoin participation, so that a larger part of the pie wins.
Two things are clear here:
- The memetic aspect and value of memecoins is real and a natural evolution in crypto as the space matures and the foundations for culture begin to emerge.
- What is significant aren’t the memecoins themselves, but rather the creative springboard that the underlying tooling has created for users.
It’s entertaining to be in the trenches, punting small amounts on micro-illiquid shitcoins; there’s a community aspect to it where users are “in it together” with their TG/CT friends, and when the latest shiny new thing catches a bid there is a euphoric feeling of “I was right, I called this early” to celebrate. The reality is that although the memecoin casino offers a fair playground for retail traders to teleport their portfolio to 6-7 figs, the majority don’t, and this creates a negative reflexivity around crypto, preventing it to grow.
Challenges
The crypto market faces several key challenges, which SOPHON addresses in order to unlock its full potential:
- User Engagement: Attracting and retaining users is a significant challenge. The existing market is saturated with complex and often intimidating products that fail to appeal to the broader public. This is mainly due to complexity, poor UX and security of funds.
SOPHON thinks deeply about incentive design, cross-app interoperability as headwinds to user engagement. This is important since these are areas where SOPHON can directly impact user experience through product design. The underlying infra works well, but the UI/UX remains a pain point, which is something we care deeply about.
- Liquidity Issues: The fragmented nature of liquidity across various tokens and platforms makes it difficult to sustain robust market activity. This fragmentation also leads to inefficiencies and increased volatility.
SOPHON benefits from the shared liquidity of the Elastic Chain, an infinitely extensible network of ZK Chains (rollups, validiums and volitions), secured by math and seamlessly interoperable with a uniform intuitive UX.
From the technical point of view, the elastic chain is a federation of autonomous ZK Chains, interconnected natively at the protocol level, forming a zone of free movement for users and crypto-assets.
From the user perspective, it’s a united multi-chain ecosystem that feels and behaves like a single chain.
- Echo Chamber of Innovation: Much of the innovation within the crypto space occurs within an echo chamber of crypto-native individuals. This insularity stifles creativity and limits the development of products and services that could appeal to a wider audience. We NEED to venture out of our current paradigm to allow the technology and infrastructure to be used by fresh minds.
SOPHON solves this by curating partnerships and collaborations outside the traditional crypto sphere, bringing in fresh perspectives and products from diverse industries, which in turn convert to onboarding new users. This approach helps bridge the gap between Web2 and Web3, fostering innovation that resonates with a broader audience and addresses real-world needs.
This is the only way forward for things to grow; to truly innovate and create products that resonate with a broader audience beyond the crypto-native community.
Opportunities
Despite these challenges, several opportunities exist that can be leveraged to drive the next phase of growth in the crypto market - SOPHON believes that these will stem from changing the way we engage with users.
- Engaging New Users: The market has yet to fully tap into the vast potential of non-crypto-native users. It’s clear that this is the key to growing the pie for everyone and, more importantly, to push things forward and encourage innovation. SOPHON approaches crypto from a platform-like experience, by building a unified consumer hub and blending in incentive design that presents applications that are intuitive and provide clear value can attract retail back.
- Entertainment Applications: There is a significant opportunity to develop new, innovative applications that go beyond speculative trading and yield farming. Entertainment areas such as gaming, gambling, sports betting, ticketing and consumer AI present untapped potential, if presented to the end-user in a way that feels familiar. These are verticals that are already proven to have widespread attraction in the Web2 space and where the relationship with crypto (value, ownership, transferability) are symbiotic and natural if correctly executed.
- Cultural and Community Focus: By emphasising on infrastructure that allow culture and community to grow (think Opensea for NFTs, Bananagun / Bonkbot for sniping, Pump.fun for launching tokens), our goal is to be the platform that houses the future iterations of such applications that lead to paradigm shifts onchain.
- This is achieved by leveraging the differentiators that our codebase enables and providing developers with the tools to innovate; both from a technical and product perspective.
- This approach will lead SOPHON to owning new narratives, which results in building a loyal user base and driving sustained interaction.
- Simplifying User Experience: SOPHON is adamant about always building to abstract the technical complexities of crypto. We must strive to make things more accessible to the average user. It is so obvious that the current paradigm is far too complex and cumbersome for mass market to bother learning. Simplification must demystify the technology and encourage wider adoption.
KISS - Keep It Simple, Stupid! 🙃
Our NORTH STAR:
The long-term vision for SOPHON is to become the platform where new builders and Web2 developers turn to create their applications.
This involves not only providing the necessary tools and infrastructure but also fostering an environment of creativity and support.
Let’s think about last cycle - when Eminem & Snoop Dogg had a BAYC music video, FTX bought a stadium, famous actors like Matt Damon were doing crypto commercials. Every millennial in the US knew what NFTs were. Yuga Labs would drop merch every few quarters, which would sell out immediately as community members desperately scrambled to consume the latest physical artifact that would make their cult sense of belonging grow stronger. In retrospect, this was the closest crypto got to mainstream, retail adoption.
Admittedly, this was because PFPs were easily recognisable, minted 6-7 figure fortunes, and like any cult, members self-reinforced each other (”ape follow ape”). Most importantly, it was easy to understand and simple to onboard; NFTs were a new kind of art form that conveyed some kind of social status.
History doesn’t repeat - it rhymes. And based off that idea, it should be quite clear that a similar paradigm of consumer crypto will happen in the upcoming years. Regulations are clearer, the infrastructure is better, the industry is larger and the tools to build great products and UX are easier to use.
SOPHON recognises this opportunity, and is hence positioning itself as the chosen platform for creative and innovative developers to launch their projects.
By onboarding partners and launching pilot applications, SOPHON will build momentum and develop the uniqueness of its platform. As the ecosystem evolves, SOPHON will be the go-to platform for major brands and Web2 companies looking to leverage what crypto has to offer, whether for payments, interoperable culture, ownership / membership.
The ultimate goal is to integrate Web3 into everyday lifestyle applications seamlessly. This means creating a user experience where crypto becomes an invisible yet integral part of daily digital interactions, from social media and gaming to financial transactions and content creation. By achieving this level of integration, SOPHON aims to make crypto as intuitive and accessible as traditional web applications (Web2), thereby driving widespread adoption and utility.
The intended result is a vibrant ecosystem of products and companies that co-exist on a platform that was built for consumers, by consumers.
A New Chapter Begins
Some see technology as a force that reduces human potential to predictable patterns. We see it differently: as a tool to unfold new dimensions of human creativity and collaboration.
Every digital interaction holds the potential for value creation. Every community contains the seeds of cultural innovation. Every user deserves to truly own their digital destiny.
The transformation has already begun. Not through grand declarations or technical complexity, but through small, meaningful changes in how value flows through digital experiences: one game, one community, one cultural moment at a time.
The future won't be defined by what we build. It will be defined by what you create with it. What we all create together.
Welcome to the next chapter of the internet.
Welcome - to SOPHON.