• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

SOON Unveils New Horizons with Decoupled SVM

user avatar

by Giorgi Kostiuk

a year ago


SOON is advancing blockchain evolution by integrating a unique token distribution strategy through Decoupled SVM technology. This article assesses SOON's community-focused model and its impact on blockchain industry development.

Redefining Community-Driven Growth

Decentralization remains a core principle of blockchain technologies, though its full realization continues to be challenging. SOON introduces a model where 51% of tokens are allocated to the community, emphasizing a focus on decentralized governance and trust. This initiative is backed by Solana ecosystem leaders and robust technical infrastructure.

Trust in SOON’s Key Figures and Industry Leaders

Among its founders is Joanna Zeng, known for her work in the blockchain and traditional finance sectors. Support from figures like Solana Labs' Yakovenko and Celestia's Mustafa Al-Bassam confirms SOON's significance in the Solana ecosystem, positioning the project as a promising market player.

SOON's Expansion of Blockchain Boundaries

SOON focuses on creating a high-performance SVM platform for seamless network data exchange. The Decoupled SVM technology forms the basis, allowing execution environments to operate independently of specific blockchains. This opens new possibilities for interoperability and blockchain technology adoption.

With ambitious plans and strategic support from the blockchain community, SOON sets new standards for decentralized governance and technical innovation, expanding the potential boundaries of blockchain infrastructures.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Funding Milestone for Flying Tulip

chest

The $255 million Series A funding will accelerate development and enhance security for Flying Tulip.

user avatarAndrew Smith

Alpaca's Central Role in Tokenized Securities Market Raises Concerns

chest

Alpaca has emerged as a key broker for many tokenized stock platforms, raising concerns about concentration risk in the market.

user avatarJacob Williams

Large Holders Accumulate ADA While Retail Investors Sell

chest

Large ADA wallets have accumulated over 454 million ADA while smaller holders sold 22,000 tokens, indicating a shift in investor behavior.

user avatarTando Nkube

Digital Euro as a Strategic Imperative for European Sovereignty

chest

Piero Cipollone emphasizes the digital euro's role in ensuring European financial autonomy.

user avatarZainab Kamara

Dubai Insurance Launches First Crypto-Enabled Digital Wallet

chest

Dubai Insurance has launched a first-of-its-kind crypto-enabled digital wallet for insurance transactions, allowing policyholders to pay premiums and receive claims in digital assets.

user avatarAyman Ben Youssef

Implementation Timeline and Testing Phases for Digital Euro

chest

The European Central Bank (ECB) has announced a structured multiyear timeline for the development and testing of the digital euro, starting with a preparation phase in October 2023 and continuing through 2025.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.