SoSoValue is an AI-powered financial research platform for cryptocurrency investors, designed to aggregate and structure market data to simplify investment decision-making. The platform combines a suite of data analytics tools with a decentralized protocol for creating and trading on-chain index funds.
SoSoValue was developed to address information overload and asymmetry within the cryptocurrency market, aiming to function as a "Bloomberg Terminal for crypto" by providing institutional-grade data to a broader audience. [1] The project's core mission is to democratize financial research by translating complex on-chain and off-chain data into actionable insights for both retail and institutional investors. The ecosystem is built around two primary components: an AI-driven market research platform and the SoSoValue Indexes (SSI) Protocol, which enables passive index investing through decentralized finance (DeFi). [2] [3]
The platform operates using "ContentFi" (Content Finance) and "SocialFi" (Social Finance) models, creating a Web3-native incentive structure. [4] Under this framework, the native utility token, SOSO, is used to reward users for creating high-quality research and contributing to the community, fostering a decentralized content ecosystem. The project aims to integrate the efficiency of Centralized Finance (CeFi) with the transparency of DeFi. [5] The entire ecosystem is governed by its community through the SoSoDAO, with the long-term goal of achieving progressive decentralization. [1]
SoSoValue was founded in December 2023. [5] The platform launched its public beta on January 8, 2024, followed by an official launch on February 26, 2024. [3] A key driver of its early adoption was the release of its real-time dashboard for U.S. spot Bitcoin ETFs in December 2023, just ahead of their official approval, which attracted a significant user base. [1]
The project conducted several fundraising and token launch events in early 2024. Reports indicate conflicting details regarding its Initial DEX Offering (IDO). Some sources state the IDO occurred from January 11-12, 2024, on the Bounce and WePad launchpads, raising 100,000 and 0.04 to SOSO token had its Token Generation Event (TGE) and was listed on centralized exchanges like KuCoin, Gate.io, and Bitget in January and February 2024. [7] [3]
SoSoValue completed several funding rounds. A seed and strategic round in Q3 2023 raised approximately 4.15 million seed round was announced on June 8, 2024, led by HongShan. [2] In January 2025, the company announced it had raised 200 million. [5]
On March 13, 2024, SoSoValue announced its participation in the Chainlink BUILD program to integrate Chainlink's oracle services and accelerate ecosystem growth. [3] The platform also formed a strategic partnership with Merlin Chain in February 2024 to provide data services for the Bitcoin ecosystem. [1]
The SoSoValue ecosystem is described in its whitepaper as a four-pillar structure, encompassing a research terminal, a decentralized index protocol, a decentralized exchange, and a native blockchain. [8]
The core of the product offering is a web-based financial research platform that utilizes artificial intelligence to process and display market data. The platform is built on a three-layer architecture: a data layer for aggregation, a service layer (SoSo Core Engine) for AI-powered analysis, and an application layer for user-facing dashboards. [1]
Key features of the platform include:
The SSI Protocol is a decentralized, on-chain spot index protocol built on the Ethereum Virtual Machine (EVM) for broad compatibility. [8] It allows for the creation, management, and trading of diversified portfolios bundled into single, asset-backed "SSI Tokens" or "Wrapped Tokens." This simplifies passive index investing, allowing users to gain exposure to a market sector with a single token. [6] Users can mint these index tokens by depositing the underlying assets or by using a single token (like a stablecoin), which the protocol then automatically converts. The protocol also includes an automated rebalancing mechanism to maintain target asset allocations. [3]
Initial indexes offered by the protocol include:
MAG7.ssi: A token representing a portfolio of leading large-cap cryptocurrency assets.MEME.ssi: A thematic index tracking popular meme coins.DEFI.ssi: An index focused on prominent DeFi protocol tokens.USSI: An index designed to employ a hedging strategy.These indices were scheduled for launch in late 2024. [2]
As part of its 2024 roadmap, SoSoValue planned to develop its own proprietary blockchain infrastructure. [6]
The testnet for ValueChain and the launch of SoDEX were planned for mid-2024, with a mainnet launch for ValueChain scheduled for the end of 2024. [6]
The SOSO token is the native utility and governance token of the SoSoValue ecosystem.
The SOSO token has a fixed total supply of 1 billion. [5] It is a multi-chain token, deployed on several networks, including Ethereum, BNB Smart Chain, Arbitrum, and Base. [7] [1] [4]
0x76a0e27618462bdac7a29104bdcfff4e6bfcea2d [5]0x24C63F8D3A53d8935c918335043372c360829032 [6]0x22a2534c05073e6910e53a55ab8a31a54497a700 [1]0x624e733077e4bab36465eda731830675b9cb98831 [4]Various sources have reported different token distribution models and vesting schedules. One model allocates tokens as follows: 33% to Core Contributors, 30% to Ecosystem & Airdrops, 17% to the Foundation, 16.5% to Investors, and 3.5% to Partners. This model includes long vesting periods, such as an 18-month cliff followed by 36-month linear vesting for contributors. [5] Another reported distribution detailed in early 2024 allocates 22.5% to the Ecosystem Fund, 20% to Liquidity, 15% to the Team, 15% to the Treasury, 15% to the Private Round, 5% to the Seed Round, 5% to an Airdrop, and 2.5% to the Public Sale, each with specific cliff and vesting schedules. [3]
The SOSO token serves multiple functions within the ecosystem:
While the founding team is often described as operating pseudonymously, with experience from firms like Google, Tencent, J.P. Morgan, and Goldman Sachs, some sources have identified the founders as Jiva Kwan, Jessie Lo, and May Wang. [7] [9] [5] The project is officially represented by the SoSoValue Foundation. [6] The development team operates under the name SoSoValue Labs. [4]
The project is backed by numerous venture capital firms and investment institutions. Investors across its seed and strategic rounds include GSR, OKX Ventures, Gate.io, MEXC, LingFeng Capital, Antalpha, HongShan, Alumni Ventures, Waterdrip Capital, and others. The January 2025 funding round was led by Hongshan (HSG) and SmallSpark, with participation from Mirana Ventures and SafePal. [7] [2] [5]
In its whitepaper, the project outlines its goals:
"SoSoValue’s mission is to democratize investment research and make it more accessible, efficient, and transparent through an AI-driven data service platform, combined with an innovative decentralized investment protocol." [3]
Regarding the design philosophy of its index protocol, the whitepaper states:
"Our goal is to build an index protocol that has the user experience of CeFi products but lives in the decentralized world of smart contracts, achieving security, transparency, and composability." [3]