Sonic SVM unveils $SONIC Token, A Game-Changer to Revolutionize Solana’s Web3 Ecosystem
The post Sonic SVM unveils $SONIC Token, A Game-Changer to Revolutionize Solana’s Web3 Ecosystem appeared on BitcoinEthereumNews.com.
Sonic SVM has announced the launch of its native token $SONIC, a groundbreaking development in the blockchain space. $SONIC token will operate as the strong pillar of the whole ecosystem of Sonic SVM and will enhance the functionality of its applications and gaming experiences. It will further power the upcoming launch of multi-SVM that is built with the groundbreaking framework of Sonic HyperGrid. Announcing $SONIC, the native token to power Sonic and the multi-SVM ecosystem. 57% of $SONIC is allocated to the Sonic SVM Community, including tokens reserved for Ecosystem & Community, Initial Claims, and Sonic HyperGrid Rewards. Learn more about the Sonic token to rule them… pic.twitter.com/2fJyLVLbGX — Sonic SVM (@SonicSVM) December 31, 2024 $SONIC serves as a key player in the foundation of Web3 applications, focusing on gaming and decentralized social media platforms. This promising token is poised to transform the user’s interaction with blockchain technology in the rapidly growing ecosystem of Solana. Sonic SVM, a scalable blockchain framework, has announced the token’s launch via its official X account. The Impact of Sonic SVM on Gaming and Web3 The first SVM chain to launch on Solana is Sonic SVM which is packed with all new features that can make the gaming industry disrupt. The HyperGrid framework of Sonic can create the rollups for Solana and permit faster, scalable ecosystem transactions. SonicX is the heart of this ecosystem which is first app layer of Web3 TikTok. It allows billions of users to onboard to the world of dApps. Users, while leveraging SonicX, will have an access to a seamless platform. This platform will be useful for the consumption, creation, and interaction of the content in a decentralized way. $SONIC is the key player of this experience. The Distribution and Use Cases of $SONIC $SONIC token have a distribution plan…
Filed under: News - @ January 1, 2025 10:15 pm