Sogni AI Launches Mainnet with Tier-1 Exchange Listings
Sogni AI's mainnet launch facilitates open-source generative-AI models with a permissionless GPU-worker network. Creators submit jobs through three production-ready dApps (Sogni Web, Sogni Pocket, and Sogni Studio), while workers earn SOGNI for supplying compute.
Sogni AI's mainnet launch will debut simultaneously on Base, currently the most popular Ethereum-compatible Layer-2 blockchain, and Etherlink, an EVM-compatible layer-2 blockchain powered by Tezos Smart Rollups technology. This ensures both widespread accessibility through Base's robust ecosystem and a connection to creative communities empowered by the Tezos ecosystem.
Sogni AI's token (SOGNI) is the utility asset of Sogni Supernet, powering its rendering infrastructure, rewarding artists and node operators ('Workers'), and unlocking advanced app functionality. To onboard Web2 users, who expect simplicity and performance, while appealing to crypto-native users focused on decentralization and ownership, Sogni utilizes a dual-token architecture:
SOGNI token: A fully transferable, on-chain utility token used for rendering, staking, governance, and accessing deeper platform features.
Spark points: Fixed-value, non-transferable render credits that can be earned or purchased in-app.
The exchange listings coincide with mainnet-wallet activation, Spark Point integration, staking, and leaderboard rewards, forming the economic engine for a user-owned creative ecosystem.
Token Utility & Economics
Payments for real-world usage: Creators spend SOGNI to pay for GPU rendering jobs, on-chain storage, and NFT minting, directly linking token demand to platform adoption.
Staking & slashing for node security: GPU-worker operators bond SOGNI to accept workloads; poor performance or fraud is penalised by slashing, while larger stakes receive priority queues and higher yield.
On-chain governance: Holders propose and vote on protocol upgrades, budget allocations, and parameter changes, and can serve as jurors in dispute-resolution rounds.
Emissions & rewards: Newly minted SOGNI is distributed to node operators, model developers, liquidity providers, and active creators, aligning incentives across the ecosystem.
SOGNI Live Token Listings for July 2nd, 12 PM UTC:
Kraken: Listings
MEXC
Gate.io
Shortly after, the SOGNI token will become available on decentralized exchanges Aerodrome and IguanaDEX.
About Sogni
Founded in 2023, Sogni is building the world's first decentralized creative-AI ecosystem powered by physical infrastructure. Its mission is to put generative tooling, compute, and ownership back into the hands of creators worldwide.
Website | Whitepaper | Medium | Docs | GitHub | X | Discord | Telegram | YouTube | Instagram
About Etherlink
Etherlink is an EVM-compatible Layer 2 blockchain powered by Tezos Smart Rollups technology. It empowers developers to smoothly deploy any EVM codebase and migrate users and assets from Ethereum and other interoperable chains, enabling seamless interaction and asset transfers across different networks. Learn more: https://www.etherlink.com/
This announcement may contain forward-looking statements. SOGNI is a utility token and is not intended to constitute securities in any jurisdiction. Participation in the network carries risk; please conduct independent research.
Mr S
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
a minute ago
- Business Insider
Bitget Lists NERO Chain (NERO) for Spot Trading with 65M in Token Rewards
Seychelles, Victoria, July 28th, 2025, Chainwire Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of NERO Chain (NERO) in the Innovation and Public Chain Zone, adding it for spot trading. Trading for the NERO/USDT pair will begin on 28 July 2025, 7:00 (UTC), with withdrawals available from 29 July 2025, 8:00 (UTC). Alongside the listing, Bitget will launch a CandyBomb campaign with 65,000,000 NERO available in rewards. Of this, 7,500,000 NERO will be allocated to the NERO, ETH and SUI trading pool, 15,000,000 NERO in the NERO trading pool, while 42,500,000 NERO will be up for grabs in the ETH and SUI trading pool. The campaign will run from 28 July 2025, 7:00 till 4 August 2025, 7:00 (UTC). NERO Chain is a modular blockchain designed to prioritize value creation for applications rather than relying solely on infrastructure-level storage. It redefines traditional blockchain economics by enabling dApps to capture and share transaction value, ensuring that developers and users benefit directly from an application's success, rather than value accruing solely to the base layer. Fully EVM-compatible and built on a high-performance settlement layer, NERO offers powerful scalability and flexibility. Features like native account abstraction, gas sponsorship through paymasters, and cutting-edge innovations such as Blockspace 2.0 provide developers with a seamless and efficient building experience. Bitget continues to expand its offerings, positioning itself as a leading platform for cryptocurrency trading. The exchange has established a reputation for innovative solutions that empower users to explore crypto within a secure CeDeFi ecosystem. With an extensive selection of over 800 cryptocurrency pairs and a commitment to broaden its offerings to more than 900 trading pairs, Bitget connects users to various ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON. The addition of NERO into Bitget's portfolio marks a significant step toward expanding its ecosystem by advancing privacy-focused infrastructure and enabling seamless migration of Web2 applications into the Web3 space through scalable, developer-friendly solutions. For more details on NERO, visit here. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP, one of the world's most thrilling championships. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@ Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
Yahoo
14 hours ago
- Yahoo
Robinhood's tokenised stocks are seen as ‘next major driver of onchain adoption'
Tokenised debt helped DeFi survive the 2021 to 2022 bear market, but a pivot to tokenised stocks could boost the $115 billion crypto sector's next growth phase. That's according to a Monday report by Wintermute, a crypto market maker, that said market conditions necessary to incentivise the pivot are already emerging. The report said central banks are likely to lower interest rates in the next 12 to 18 months, which could dampen bond yields and other debt instruments. And Robinhood is positioning itself to capitalise on the market shift as the fintech app debuted tokenised stock trading for its users in June. 'Robinhood's timing is significant,' Wintermute said. 'As the yield trade loses momentum, tokenised equities, less dependent on interest rate dynamics, could emerge as the next major driver of onchain adoption.' Tokenised equities don't rely on interest rate gymnastics, the way bonds do. Instead, they offer volatility, growth, community, appeal, and retail excitement. Retail excitement has been noticeably absent from DeFi since the height of its buzz in 2021. Making a splash But for now, tokenised stocks remain a tiny slice of DeFi's real-world asset, or RWA, pie. They account for only $424 million out of the $25 billion RWA market, which is mostly dominated by tokenised credit, Treasuries, and other low-velocity debt instruments. And while Robinhood has made a splash, competition is brewing. Crypto-native rivals like Kraken and Bybit are also ratcheting up their tokenised stock trading offerings, while Ondo Finance has sought regulatory approval to buy Oasis Pro, a regulated broker. Coinbase has also applied to the Securities and Exchange Commission for approval to offer tokenised stock trading. For Wall Street incumbents, tokenised stock trading could upend the status quo and push them to play second fiddle in their own arena, according to Galaxy Digital analysts. Last week, the crypto firm warned that fintech disruptors like Robinhood and crypto-native players like Coinbase and Kraken moving into tokenised equities could reduce titans like the New York Stock Exchange to 'mere custodians.' And traditional firms like JPMorgan, Wells Fargo, and Citigroup are already scrambling to adapt by launching stablecoin and tokenisation platforms. Still, Galaxy Digital analysts say the market edge will lie with participants that not only offer trading but also control the underlying blockchain infrastructure. Crypto market movers Bitcoin is up slightly by 0.1% over the past 24 hours and is trading at $108,832. Ethereum is also up slightly by 0.5% in the same period to $2,575. What we're reading A digital euro will be a poor and crippled substitute to stablecoins — DL News Jack Dorsey Tests Decentralized Messaging App Bitchat — Unchained 3 factors impacting crypto this week — Milk Road Vitalik's EIP-7983 Calls For 16.77M Gas Cap Per Transaction — Unchained Solana bot platform Axiom takes over AI coder Cursor with $150m revenue fuelled by airdrop hype — DL News Osato Avan-Nomayo is our Nigeria-based DeFi correspondent. He covers DeFi and tech. Got a tip? Please contact him at osato@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Yahoo
LIBRA promoter Davis calls token a ‘memecoin' in updated defence after suspicious transfers surface
The promoter of the controversial LIBRA token, Hayden Mark Davis, has reportedly recharacterised the asset as a speculative 'memecoin' in a recent US court filing. It's a sharp reversal from earlier claims that the token was intended to support Argentine small businesses. The change comes as investigators surface a $500,000 crypto transfer from a Davis-linked wallet made on January 30, during his meeting with President Javier Milei at Argentina's presidential palace. Blockchain data first reported by La Nación shows the funds were sent to US-based exchange Kraken in the form of USDC. A second transfer of $507,000 followed just 42 minutes later via Bitget. The same wallet was previously used to offload millions in MELANIA tokens, another memecoin launched by Davis. More than $3.4 million was moved that day to other wallets, including one controlled by Kelsier Ventures, a firm tied to Davis and his family. Crypto researcher Fernando Molina, who flagged the transactions earlier this month, said the movement of funds, while not conclusive on its own, warrants further scrutiny given the timing and links between wallets. The 30-page legal filing, submitted on July 16 to the US District Court for the Southern District of New York and reported by Clarín, argues that LIBRA lacked investment fundamentals and should be classified as a memecoin — a speculative digital asset with no intrinsic value or investor protections. That position sharply contradicts Davis's earlier messaging, and that of President Milei, who promoted LIBRA on X on February 14 as a vehicle for economic growth before deleting the post hours later. The token crashed more than 97% within hours, erasing billions in market capitalisation. While Argentina's internal investigation into the LIBRA scandal was shut down in May, the case continues abroad. A US court hearing involving Davis and co-defendants Benjamin Chow and Julian Peh is scheduled for August 19. Kyle Baird is DL News' Weekend Editor. Got a tip? Email at kbaird@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
