The launch of Somnia's mainnet at Korea Blockchain Week marked an important milestone in blockchain technology, coinciding with the unveiling of the $SOMI token. This emphasizes significant progress in blockchain technology adoption and its application.
Mainnet Launch Announcement
The mainnet launch was highlighted at Korea Blockchain Week with the introduction of the $SOMI token. It focuses on scalable blockchain solutions applicable in both the real world and the metaverse.
Investments and Financial Goals
The launch is backed by $270 million in committed investments and a new $10 million grant program aimed at supporting blockchain projects. Google Cloud's involvement strengthens the initiative's reliability and security. These investments are targeting a goal of 60 billion monthly transactions.
Post-Launch Targets and Expectations
Somnia aims to onboard 118 million unique wallets post-launch, reflecting the growing interest in the platform. Experts note that such a mainnet launch could potentially enhance liquidity flows within the EVM-compatible blockchain ecosystem.
The launch of Somnia's mainnet and the $SOMI token represents a significant step forward in advancing blockchain technology, aiming to substantially increase transaction numbers and interest in the platform.