Sogni AI Launches Mainnet, SOGNI Token on July 2nd

Sogni AI, a decentralized creative-AI platform, has successfully migrated to its mainnet, marking a significant milestone in its development. The launch of the SOGNI utility token will take place on July 2nd at 12 PM UTC on several tier-1 exchanges, including Kraken, MEXC, and Gate.io. This move provides immediate centralized exchange (CEX) liquidity, with decentralized exchanges (DEX) Base Aerodrome and Etherlink IguanaDEX set to launch in the coming days.

The mainnet launch of Sogni AI introduces open-source generative-AI models supported by a permissionless GPU-worker network. Creators can submit jobs through three production-ready decentralized applications (dApps): Sogni Web, Sogni Pocket, and Sogni Studio. Workers earn SOGNI tokens for supplying compute power, fostering a collaborative ecosystem where creators and contributors are incentivized.

Sogni AI’s mainnet will debut on both Base, the most popular Ethereum-compatible Layer-2 blockchain, and Etherlink, an EVM-compatible Layer-2 blockchain powered by Tezos Smart Rollups technology. This dual launch ensures widespread accessibility through Base's robust ecosystem and connects to creative communities empowered by the Tezos ecosystem.

The SOGNI token serves as the utility asset of Sogni Supernet, powering its rendering infrastructure, rewarding artists and node operators, and unlocking advanced app functionality. Sogni utilizes a dual-token architecture to cater to both Web2 users, who expect simplicity and performance, and crypto-native users focused on decentralization and ownership. The SOGNI token is fully transferable and used for rendering, staking, governance, and accessing deeper platform features, while Spark points are 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. The token's utility and economics are designed to drive platform adoption and align incentives across the ecosystem. Creators spend SOGNI to pay for GPU rendering jobs, on-chain storage, and NFT minting, directly linking token demand to platform adoption. Node operators bond SOGNI to accept workloads, with poor performance or fraud penalized by slashing, while larger stakes receive priority queues and higher yield. Holders can propose and vote on protocol upgrades, budget allocations, and parameter changes, and serve as jurors in dispute-resolution rounds. Newly minted SOGNI is distributed to node operators, model developers, liquidity providers, and active creators, ensuring a balanced and incentivized ecosystem.

Sogni AI was founded in 2023 with the mission to build the world’s first decentralized creative-AI ecosystem powered by physical infrastructure. Its goal is to put generative tooling, compute, and ownership back into the hands of creators worldwide. The platform aims to revolutionize the creative industry by providing decentralized solutions that empower creators and foster innovation.

Etherlink, an EVM-compatible Layer 2 blockchain powered by Tezos Smart Rollups technology, empowers developers to deploy any EVM codebase and migrate users and assets from Ethereum and other interoperable chains. This enables seamless interaction and asset transfers across different networks, enhancing the interoperability and accessibility of the Sogni AI ecosystem.