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About Sofamon
Sofamon is a social expression app on Base where users dress up a rabbit character and turn the outfit into emoji stickers used on social platforms, with cosmetic parts held as NFTs, ownership verified by linking a social account, and a 6% fee on part trades.
It targets social expression without ownership or revenue sharing, where memes get used widely and creators earn nothing. Sofamon makes outfits tradable digital goods so the user is also the holder. The product has stayed in invite-only beta with limited access; part values depend on how hot the social setting is, and once usage drops, secondary liquidity disappears quickly while the 6% trading tax squeezes arbitrage. Circulation is limited to a few communities, with trading concentrated there.
Sofamon, a cultural platform for crypto natives, launched its invite-only beta on Base on March 26, 2024, generating over 3,300 ETH in trading volume and 95 ETH in revenue within one week, marking its initial market validation.
On April 3, 2024, Sofamon completed a seed funding round led by Polychain Capital, with participation from Seed Club Ventures and Inception Capital, along with angel investors including Celestia COO Nick White and former Coinbase engineer 0xBeans. This marked Polychain's first investment in a consumer project.
On May 28, 2024, the Sofamon team reported that its official X account had been compromised, advising users not to click any links or interact with the account. The team worked with security partners to regain access, highlighting the security challenges faced by emerging crypto platforms.
Plus7 (0xplus7) — Founder; launched Sofamon in March 2024 on Base, an on-chain collectible chat-sticker platform where users mint and customize rabbit-avatar wearable NFTs; no native token.