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Sophon sets Nov. 25 withdrawal deadline before mainnet shutdown

Sophon will shut down its standalone mainnet after a Nov. 25 withdrawal deadline, pivoting to consumer finance and AI apps on Base after June cost review.

Sophon sets Nov. 25 withdrawal deadline ahead of mainnet shutdown
WitnessSophon sets Nov. 25 withdrawal deadline ahead of mainnet shutdownZulfugar Karimov / unsplash

Outputs

  1. Sophon set Nov. 25 as the final withdrawal deadline before its mainnet shuts down.

  2. Developers announced in June that maintaining a standalone blockchain no longer justified its costs.

  3. The project is pivoting to consumer finance and AI applications built on Base, Coinbase's Ethereum layer-2.

Sophon has set Nov. 25 as the final deadline for withdrawals ahead of the shutdown of its standalone mainnet, giving users a fixed window to move their assets off the network before it goes dark.

The deadline caps a winding-down process that began in June, when Sophon's developers announced that the costs of maintaining a standalone blockchain no longer justified its benefits. At the time, the team laid out a plan to refocus the project on consumer finance and AI applications built on Base, Coinbase's Ethereum layer-2 network.

What happens to users' funds?

Anyone holding assets on Sophon's chain must complete withdrawals by Nov. 25. After the mainnet shuts down, the infrastructure that supports those balances goes with it, and the project has given no indication that recovery will be possible past the cutoff. The practical consequence is simple: assets left on the chain after the deadline risk becoming unreachable.

The shutdown itself is the operational end of Sophon's original architecture. Rather than keep paying to run a standalone network, the developers concluded the economics didn't stack up and chose to redeploy their roadmap — consumer finance tooling and AI-driven applications — on Base instead of their own chain.

Why did Sophon abandon its own chain?

The June announcement framed the decision as a straight cost-benefit call. Maintaining a standalone blockchain requires ongoing investment in validators, infrastructure and security, and Sophon's team judged that the benefits no longer justified that spend. Migrating to Base shifts those fixed costs onto Coinbase's layer-2 while letting the project keep building in its target sectors.

It's a path several application-focused teams have taken: abandon the overhead of running proprietary infrastructure and settle on a general-purpose L2 where user liquidity and developer tooling already exist. For Sophon, the pivot keeps the brand and product roadmap alive while retiring the chain that carried them.

What changes after Nov. 25?

Once withdrawals close and the mainnet shuts down, Sophon ceases to exist as an independent network. Its future output — consumer finance and AI applications — will live on Base, where it will operate as one project among many rather than the owner of its own settlement layer.

For remaining token holders and users, the actionable item is the deadline itself. Nov. 25 is the hard cutoff, and the project has not signaled any extension.

via x.com (Original)

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Daniel Okafor

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Correspondent covering people, launches and day-to-day practice in crypto and web3 industry at Mempool Brief.

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