The SOON project has revealed its SVM-based multi-chain ecosystem construction and token utility improvement and revenue redistribution structure through 'SimpleFund'.
At the global Web3 roadshow 'IXO™ Season 3' held on the 24th, the SOON Research Director shared the expansion strategy of Solana Virtual Machine (SVM), community-centric tokenomics, and infrastructure-based consumer app development vision.
A SOON representative stated, "SOON is building a multi-chain ecosystem by expanding SVM to external chains" and "We have designed a structure that solves token utility issues through actual-use apps like SimpleFund and redistributes profits to the community".
He added, "SOON is expanding SVM into a universal virtual machine that can also run on Ethereum and other Layer 1 chains" and "Currently, major projects like Carv and AI Chain are adopting our stack to build their own SVM chains".
He further introduced, "We are developing the Swint stack, which allows one-click SVM chain creation, and the Interstone protocol that connects inter-chain messages" and "Over 10 chains have been built based on Swint".
The Research Director explained, "We have adopted a community-centric structure by distributing over 50% of tokens to the community" and "We are encouraging participation through NAVG airdrops and incentive programs".
He also emphasized, "In the initial round, top-tier industry investors like Hack VC and Underground participated, and over 3,000 individual investors invested $22 million" which "reflects strong confidence in ecosystem expansion".
The SOON Research Director noted, "A typical problem for Layer 2 tokens is lack of real-world use cases" and "We aim to solve this by creating apps with genuine utility".
He explained that "SimpleFund, through Twitch extension, enables one-click copy trading during live broadcasts, naturally connecting Web2 and Web3" and added that SimpleFund provides over 80,000 transactions per second based on InfraFi, optimized for high-speed copy trading.
He introduced, "SimpleFund's profits are redistributed through SOON Token (SWIM) buyback and staking incentives" and "We have implemented a flywheel structure where live streamers, users, and stakers all share benefits".
Additionally, he stated, "In the future, we plan to introduce copy trading features for US stocks, RWA, and various real-world assets to induce large-scale onboarding of Web2 users".
'IXO™ Season 3' is a Web3 conference focused on 'investment practice', held on the 24th and 25th at the Seoul Textile Center. The event is co-hosted by blockchain media TokenPost and CoinLeaders, and co-organized by decentralized data trust protocol 'Openledger'.
IXO™ presents a more Web3-friendly and community-centric fundraising concept, going beyond traditional ICO, IEO, and IDO methods. The first event in April last year attracted over 1,000 participants, opening a new chapter in the Web3 community, and further expanded this trend in Season 2 with the theme 'Embrace the Future'.
The theme of Season 3 is 'Proof of Business'. It is designed as a practical Web3 conference that highlights only projects that have actually proven their real-world usability, profitability, and user base, beyond technological vision and marketing.
Domestic and international blockchain experts, DAO operators, practical investors, researchers, and traders will participate, providing effective insights from an investor's perspective. The event is structured as a B2C roadshow with project booths, custody demos, and networking, expected to provide an opportunity for communities and individual investors to meet verified Web3 projects.
IXO™ Season 3 registration is possible through the Luma link. Real-time announcements and more details can be found through the following social media channels.
IXO™ 2025 Official Channels
Website https://www.ixo.day
Twitter https://twitter.com/ixo_day
LinkedIn https://www.linkedin.com/showcase/ixoday
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