{"id":34616,"date":"2025-01-09T10:33:57","date_gmt":"2025-01-09T07:33:57","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=34616"},"modified":"2025-01-09T10:33:57","modified_gmt":"2025-01-09T07:33:57","slug":"sonic-svm-launches-multimillion-dollar-fund-for-web3-gaming-and-ai-agents","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/sonic-svm-launches-multimillion-dollar-fund-for-web3-gaming-and-ai-agents\/","title":{"rendered":"Sonic SVM Launches Multimillion-Dollar Fund for Web3 Gaming and AI Agents"},"content":{"rendered":"<p><a href=\"https:\/\/coinengineer.net\/blog\/what-is-sonic-svm-and-what-does-it-do\/\"><strong>Sonic SVM<\/strong><\/a> and <strong>Galaxy Interactive<\/strong> launch multi-million dollar <strong>Fund<\/strong> for <strong>Web3 gaming<\/strong> and AI.<\/p>\n<p><strong>Sonic<\/strong>, a <strong>Solana layer-2 blockchain<\/strong>, and <strong>venture investment<\/strong> firm <strong>Galaxy Interactive<\/strong> have announced a new fund aimed at advancing <strong>Web3 gaming<\/strong> and other emerging cryptocurrency sectors. This announcement comes as interest in <strong>artificial intelligence<\/strong> agents is on the rise.<\/p>\n<p><strong>Sonic<\/strong>, the first g<strong>aming-focused Solana Virtual Machine (SVM) L2 network<\/strong>, unveiled G<strong>.A.M.E. (Game, AI, Meme, Ecosystem) Fund 1<\/strong> to accelerate the development of <strong>Web3 games<\/strong>,<strong> AI agents<\/strong>, and social media content creation tools on HyperGrid.<\/p>\n<p>The fund will offer up to $1 million in support per project, with no limit on the number of accelerator participants.<\/p>\n<p>Additionally, the fund will provide technical and infrastructure support, marketing and user acquisition assistance, and integration with Sonic\u2019s<strong> TikTok Applayer<\/strong>, which now has over 2 million users.<\/p>\n<p>According to <strong>Sam Englebardt<\/strong>, founding general partner at <strong>Galaxy Interactive<\/strong>, Sonic could bridge the gap between traditional <strong>Web2<\/strong> and <strong>Web3<\/strong> gaming worlds:<\/p>\n<blockquote><p>\u201cThis fund represents our commitment to backing visionary teams who are building the future of interactive entertainment, leveraging AI and social platforms in novel ways.\u201d<\/p><\/blockquote>\n<p>The fund has made its first investment in<strong> Gomble Games<\/strong>, a <strong>Binance Labs<\/strong> and<strong> Animoca Brands-backed<\/strong> protocol transforming traditional Web2 games into Web3.<\/p>\n<p><strong>Gomble Games<\/strong> has reported over 110 million unique users worldwide across 230 games, after becoming the most downloaded mobile game app in South Korea in 2023.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-34620 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/01\/snc-1.jpg\" alt=\"snc\" width=\"1200\" height=\"800\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/01\/snc-1.jpg 1200w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/01\/snc-1-300x200.jpg 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/01\/snc-1-1024x683.jpg 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/01\/snc-1-768x512.jpg 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p style=\"text-align: center;\"><strong>SONIC\/USD, All-Time Chart<\/strong><\/p>\n<p>The announcement follows the <strong>Sonic SVM (SONIC)<\/strong> token generation event on January 7, where the token reached a market cap of $365 million within the first 24 hours, according to CoinMarketCap data.<\/p>\n<p><strong>Chris Zhu<\/strong>, founder and CEO of <strong>Sonic SVM,<\/strong> stated that Web3 gaming adoption will be driven by AI agents through infinite virtual experiences.<\/p>\n<blockquote><p><strong>Zhu<\/strong>: &#8220;We can see AI creating massive interfaces for humans to interact with the digital and real worlds. Sonic is focused on helping teams build towards infinite, asset-driven gaming experiences powered by AI.&#8221;<\/p><\/blockquote>\n<p>Multimodal AI agents, capable of interacting across social media platforms like X and <strong>TikTok<\/strong>, represent the greatest growth potential.<\/p>\n<blockquote><p><strong>Zhu<\/strong>: &#8220;As agent creation and interaction become more sophisticated, there is a direct link between these agents&#8217; social influence and economic value, and Sonic is at the perfect intersection for that.&#8221;<\/p><\/blockquote>\n<p>Interest in AI agents surged after Luna, an AI agent on <strong>Virtuals Protocol<\/strong>, executed an autonomous transaction with another AI agent on the blockchain on January 2, according to reports.<\/p>\n<hr \/>\n<p><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,\u00a0<\/strong><\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/strong><\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sonic SVM and Galaxy Interactive launch multi-million dollar Fund for Web3 gaming and AI. Sonic, a Solana layer-2 blockchain, and venture investment firm Galaxy Interactive have announced a new fund aimed at advancing Web3 gaming and other emerging cryptocurrency sectors. This announcement comes as interest in artificial intelligence agents is on the rise. Sonic, the<\/p>\n","protected":false},"author":29,"featured_media":34622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[10900,473,10741,10899,10905,472,1543,10906,10901,5857,10896,10904,2213,10903,10897,10773,10902,10898,10198,209,85,10504],"class_list":["post-34616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-a-m-e-game","tag-ai","tag-ai-agents","tag-aming-focused-solana-virtual-machine-svm-l2-network","tag-animoca-brands-backed","tag-artificial-intelligence","tag-binance-labs","tag-chris-zhu","tag-ecosystem-fund-1","tag-fund","tag-galaxy-interactive","tag-gomble-games","tag-meme","tag-sam-englebardt","tag-solana-layer-2-blockchain","tag-sonic-svm","tag-tiktok-applayer","tag-venture-investment","tag-virtuals-protocol","tag-web2","tag-web3","tag-web3-gaming"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sonic SVM Launches Multimillion-Dollar Fund for Web3 Gaming and AI Agents - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/sonic-svm-launches-multimillion-dollar-fund-for-web3-gaming-and-ai-agents\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sonic SVM Launches Multimillion-Dollar Fund for Web3 Gaming and AI Agents - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Sonic SVM and Galaxy Interactive launch multi-million dollar Fund for Web3 gaming and AI. 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