What is SOON (SOON)?
SOON (SOON) is a high-performance Layer 2 (L2) solution that allows developers to deploy SVM-based rollups on various Layer 1 (L1) blockchains. Its goal is to create a unified and efficient blockchain ecosystem through three main components:
● SOON Mainnet: A general-purpose L2 that settles on Ethereum, powered by a decoupled SVM execution layer.
● SOON Stack: A modular infrastructure enabling the deployment of SVM L2s on any base L1, supporting Ethereum as the settlement layer and integrating with data availability solutions like Avail and EigenDA.
● InterSOON: A cross-chain messaging protocol that ensures seamless interaction between networks, facilitating interoperability between SOON Mainnet, SOON Stack, and other L1s.
Together, these components form the Super Adoption Stack (SAS), SOON's vision for a fully interoperable blockchain future.
SOON's Super Adoption Stack aims to solve the problem of liquidity fragmentation and lack of interoperability between chains. By introducing high-performance execution environments like the SVM to all major L1 ecosystems and establishing interoperability between these SVM chains and other L1s, SOON envisions a unified blockchain network.
Who Created SOON (SOON)?
SOON was founded in 2024 by Joanna Zeng, a seasoned professional with over 7 years in the crypto industry and 13 years in traditional finance. Her impressive resume includes roles at Coinbase, Optimism Foundation, and Aleo, where she led business development and product initiatives. Before entering the crypto space, Joanna worked as a currency trader on Wall Street, gaining valuable experience in traditional financial systems. She holds a B.S. from Carnegie Mellon University and an MBA from Columbia University.
What VCs Back SOON (SOON)?
In a unique approach to fundraising, SOON raised $22 million through an NFT sale, offering equal deal terms to both venture capitalists and the community. This strategy ensured a fair token distribution and allowed community members to participate alongside institutional investors. While specific venture capital firms involved in the funding round have not been publicly disclosed, the inclusive fundraising model reflects SOON's commitment to community-centric development.
How SOON (SOON) Works
SOON's architecture is built on three core technical innovations:
Decoupled SVM
By separating the SVM execution layer from the consensus layer, SOON enhances performance, scalability, and efficiency. This decoupling allows the execution layer to operate independently, supporting higher throughput and accommodating growing application demands.
Merklization
SOON organizes blockchain data into Merkle trees, enabling efficient and secure verification of transactions and states through succinct proofs. This approach enhances security, scalability, and interoperability, aligning with Ethereum's Merkle Patricia Trie (MPT) model.
Horizontal Scaling
By distributing workloads across multiple nodes, SOON achieves scalable growth without relying on a single machine. This method improves performance, redundancy, and cost-efficiency, supporting dynamic scaling to meet increasing demand.
