What is Sonic SVM, and What Does It Do?

Sonic SVM is an SVM (Solana Virtual Machine) chain launched for games and applications on the Solana network. With the goal of building a high-performance and decentralized gaming ecosystem, Sonic SVM also acts as a bridge between the web2 and web3 worlds.

How Does Sonic Work?

Sonic is built on HyperGrid, a framework developed specifically for Solana. HyperGrid offers a customizable and scalable infrastructure while maintaining full compatibility with Solana. Thanks to Sonic’s technology, both game developers and application creators can seamlessly execute their business logic on-chain.

Advantages Sonic Provides to Users

• With its SVM-based infrastructure, Sonic delivers the fastest and most economical on-chain gaming experience compared to competing chains.
• SonicX facilitates the migration of users from popular platforms like TikTok into the web3 world.
• With its HyperGrid framework and ECS-based tools, Sonic offers a robust toolkit for game developers.
• Sonic provides a native infrastructure that supports growth, traffic, payments, and settlement processes for games.

Supporters and Investors

Sonic has attracted investments from notable firms such as BITKRAFT Ventures, Galaxy Ventures, Sanctor Capital, OKX Ventures, Mirana Ventures, and Republic. Partners include prominent names like Solana, Blockchain Game Alliance, Backpack, Helius, Pyth, Raydium, and MoonPay.

Token Details and Tokenomics

The $SONIC token powers the Sonic ecosystem. Key use cases for the token include:

• It can be used for payments and other transactions within the platform.
• Users can participate in the network and earn rewards.
• Token holders have the right to participate in decision-making regarding the platform’s future.

$SONIC Token Distribution

• Total Supply: 2,400,000,000 $SONIC
• Initial Circulating Supply: 15%

Distribution Breakdown

• 30% – Ecosystem and Community
• 7% – Initial Claims
• 20% – Sonic HyperGrid Rewards
• 20% – Foundation
• 8% – Early Supporters
• 15% – Investors

Sonic SVM stands out with its visionary approach, combining high speed, low costs, and seamless integration between web2 and web3 worlds. Aiming to revolutionize gaming economies, this project is poised to become a prominent name in the future thanks to its strong technological foundation and widespread community support.

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