Session

Built on cutting-edge blockchain technology, Session is a decentralized, end-to-end encrypted messenger that prioritizes user confidentiality and safety. Operating as a cross-platform application, Session offers secure, private, and anonymous communication to its users. With no phone number required on sign-up, IP masking through onion-routing, and a resilient decentralized server structure, Session provides a unique combination of private, secure, and trustless communication.

The Session Network is a decentralized physical infrastructure network (DePIN) made up of community-operated nodes, called Session Nodes. These nodes are incentivized to store Session messages, route Session messages, secure and maintain the network, and maintain the appchain. The Session Token (SESH) plays a crucial role in this ecosystem, unlocking premium features in the Session messenger and creating dynamic incentives for the Session Network. With a total supply of 58 million SESH tokens, the token is deployed on Arbitrum One, an Ethereum Layer 2 scaling solution.

Session's tokenomics design links token utility with network incentives, creating a people-powered DePIN network. The Staking Reward Pool transforms Session Token's utility into incentives for the validation services provided by Session Node operators and contributors. When Session Tokens are used to activate on-chain features like the Session Name Service and Session Pro, these tokens are burnt as network fees and removed from circulation. This allows new tokens to be minted into the protocol's Staking Reward Pool, providing rewards for the network's validators (Session Nodes).

The Session Name Service will allow users to register human-readable names connected to their Session ID on Session. Registered names will be mapped to a Session Account ID for quick and simple contact discovery in Session. When Session Tokens are used to activate Session Pro, the tokens are burned as network fees, with 90% re-minted into the Staking Reward Pool and 10% reminted as protocol-owned liquidity.

Session has gained recognition from reputable sources such as Forbes, DeCrypt, and DePINHub, highlighting its innovative approach to private messaging. With a clear roadmap and a growing community of contributors and node operators, Session is poised to revolutionize the way people communicate online.