Sovren Takes Control with Two-Layered Digital Infrastructure
Sovren Technologies Inc., a digital infrastructure company, is taking control of data and revenue for businesses, creators, and communities through its two-layered architecture. The enterprise layer, Triton Cloud, offers cloud services with predictable pricing, catering to paying business customers. It can also be deployed on-premises by organizations that want to run their own cloud.
The application layer consists of consumer and business products built on the same data system: Parler for social publishing, Play for video, Shop for commerce, Pay for wallets and payments, and Ads for advertisers. The Sovren Network, a Cosmos SDK blockchain, is powered by community-operated nodes that store data, forward traffic, and serve compute; SOVR is its native token.
The current market capitalization of SOVR is not available due to insufficient data, but the diluted valuation stands at €84.9M. The trading volume over the last 24 hours was €173.92K, representing a 2.91% increase from the previous day's volume.