Sonic Game Project Analysis
Sonic SVM is the first Solana Virtual Machine (SVM) Layer-2 network to achieve atomic interoperability with Solana. It aims to provide a high-speed, low-cost transaction environment, making it particularly suitable for the development and operation of gaming applications.
Key Features:
First Solana Layer-2: Sonic SVM is the first project to implement a Solana-based Layer-2 network.
Node Sales: The network scales through node sales, encouraging community participation. The HyperFuse node sale allows users to purchase nodes, participate in network validation, and earn token rewards.
Airdrops: Sonic SVM increases community engagement via large-scale airdrops, especially targeting TikTok users. Participants in the SonicX game can earn $SONIC tokens.
Ecosystem Support: Sonic SVM supports over 20 gaming and NFT projects, boasting nearly 750,000 daily active addresses. The platform is driving further game distribution through the SonicX application layer, particularly on TikTok.
None.
Governance: $SONIC will be used for governance decisions within the Sonic SVM platform, granting holders voting rights on development directions.
Incentives: Participants can earn $SONIC by completing tasks, operating nodes, or engaging in in-game activities, promoting ecosystem growth.
Payments and Transactions: $SONIC can be used for network transaction fees and economic activities in games, including purchasing in-game assets and NFTs.
Staking: A staking mechanism may be introduced, allowing $SONIC holders to enhance network security and governance while earning additional rewards.
Currently, no specific utility for the token has been disclosed.
Total Supply: 2,400,000,000 $SONIC
Initial Circulating Supply: 15% of the total supply will be available at the Token Generation Event (TGE).
Distribution:
Ecosystem and Community: 30% for ecosystem development and growth, including rewards for game studios and dApp developers.
Early Claims: 7% allocated for early participant rewards. Initial snapshot completed as of December 31, 2024.
HyperGrid Rewards: 20% for node operators and contributors supporting the HyperGrid framework.
Foundation: 20% allocated for long-term development and operations.
Early Supporters: 8% for early investors or community members.
Investors: 15% allocated to project financing investors.
None
Sonic SVM raised $12 million in Series A funding in June 2024, led by BITKRAFT, with participation from Galaxy Interactive and Big Brain Holdings. It previously raised $4 million in a seed round in 2022, totaling $16 million in funding.
Official Twitter: https://x.com/SonicSVM
None
Sonic SVM aims to further expand its ecosystem, integrate more gaming applications, and deepen community engagement through innovative strategies like TikTok-focused campaigns and enhanced gaming experiences.
Basic Information
Project introduction: Sonic SVM is the first Solana Virtual Machine (SVM) Layer-2 network to achieve atomic interoperability with Solana. It is designed to provide a high-speed, low-cost transaction environment, making it particularly suitable for the development and operation of gaming applications.
Token Full Name: SONIC
Token Symbol: SONIC
Project Website: https://www.sonic.game/
Documentation: Not available
Blockchain Explorer: https://solscan.io/token/SonicxvLud67EceaEzCLRnMTBqzYUUYNr93DBkBdDES
Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!
CoinW Institute
2025/1/3
Sonic Game Project Analysis
Sonic SVM is the first Solana Virtual Machine (SVM) Layer-2 network to achieve atomic interoperability with Solana. It aims to provide a high-speed, low-cost transaction environment, making it particularly suitable for the development and operation of gaming applications.
Key Features:
First Solana Layer-2: Sonic SVM is the first project to implement a Solana-based Layer-2 network.
Node Sales: The network scales through node sales, encouraging community participation. The HyperFuse node sale allows users to purchase nodes, participate in network validation, and earn token rewards.
Airdrops: Sonic SVM increases community engagement via large-scale airdrops, especially targeting TikTok users. Participants in the SonicX game can earn $SONIC tokens.
Ecosystem Support: Sonic SVM supports over 20 gaming and NFT projects, boasting nearly 750,000 daily active addresses. The platform is driving further game distribution through the SonicX application layer, particularly on TikTok.
None.
Governance: $SONIC will be used for governance decisions within the Sonic SVM platform, granting holders voting rights on development directions.
Incentives: Participants can earn $SONIC by completing tasks, operating nodes, or engaging in in-game activities, promoting ecosystem growth.
Payments and Transactions: $SONIC can be used for network transaction fees and economic activities in games, including purchasing in-game assets and NFTs.
Staking: A staking mechanism may be introduced, allowing $SONIC holders to enhance network security and governance while earning additional rewards.
Currently, no specific utility for the token has been disclosed.
Total Supply: 2,400,000,000 $SONIC
Initial Circulating Supply: 15% of the total supply will be available at the Token Generation Event (TGE).
Distribution:
Ecosystem and Community: 30% for ecosystem development and growth, including rewards for game studios and dApp developers.
Early Claims: 7% allocated for early participant rewards. Initial snapshot completed as of December 31, 2024.
HyperGrid Rewards: 20% for node operators and contributors supporting the HyperGrid framework.
Foundation: 20% allocated for long-term development and operations.
Early Supporters: 8% for early investors or community members.
Investors: 15% allocated to project financing investors.
None
Sonic SVM raised $12 million in Series A funding in June 2024, led by BITKRAFT, with participation from Galaxy Interactive and Big Brain Holdings. It previously raised $4 million in a seed round in 2022, totaling $16 million in funding.
Official Twitter: https://x.com/SonicSVM
None
Sonic SVM aims to further expand its ecosystem, integrate more gaming applications, and deepen community engagement through innovative strategies like TikTok-focused campaigns and enhanced gaming experiences.
Basic Information
Project introduction: Sonic SVM is the first Solana Virtual Machine (SVM) Layer-2 network to achieve atomic interoperability with Solana. It is designed to provide a high-speed, low-cost transaction environment, making it particularly suitable for the development and operation of gaming applications.
Token Full Name: SONIC
Token Symbol: SONIC
Project Website: https://www.sonic.game/
Documentation: Not available
Blockchain Explorer: https://solscan.io/token/SonicxvLud67EceaEzCLRnMTBqzYUUYNr93DBkBdDES
Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!
CoinW Institute
2025/1/3