It’s Not a Token Offering, It’s a ‘Node Sale’: Sophon Blockchain Raises $60M

Sophon, an entertainment-focused blockchain ecosystem, raised more than $60 million in a node sale, an increasingly popular type of fundraising method. Node sales, described as a way of helping to decentralize projects, are structured in pricing tiers, where the longer buyers wait, the more they have to pay. The project is built on zkSync's technology,

Read More https://www.coindesk.com/tech/2024/05/08/its-not-a-token-offering-its-a-node-sale-sophon-blockchain-raises-60m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "It's Not a Token Offering, It's a 'Node Sale': Sophon Blockchain Raises $60M" appeared first here Coindesk.com.

Source: Coindesk.com