Sonic secures $12M funding to grow Solana gaming ecosystem

Sonic secures $12M funding to grow Solana gaming ecosystem

Play To Earn Games | 19 Jun 2024 13:11 UTC

The Rise of Sonic: Revolutionizing Game Development on Solana

In the ever-evolving world of blockchain technology, Sonic has emerged as a groundbreaking player with its recent success in raising $12 million in its Series A round. This significant milestone was led by Bitkraft and supported by Galaxy Interactive and Big Brain Holdings, signaling a strong commitment to enhancing its protocol on the Solana network.

What sets Sonic apart is its laser focus on game development within the Solana ecosystem. Offering developers a sandbox environment and customizable tools, Sonic aims to become the go-to destination for game studios looking to leverage Solana's unique advantages.

The Genesis of Sonic

Sonic, a layer-2 gaming chain built on Solana, has captured investors' attention with its successful Series A fundraising round. Led by Bitkraft and supported by renowned firms such as Galaxy Interactive and Big Brain Holdings, the investment seeks to bolster Sonic's protocol within the blockchain ecosystem.

Behind Sonic is Mirror World Labs, an infrastructure founded by Chris Zhu, a former ByteDance employee with an academic background from New York University. Zhu's leadership has steered Sonic's development to its current market position, making it a formidable player in the blockchain gaming industry.

Sonic's Future in the Blockchain Gaming Sector

With Sonic's cutting-edge technology and commitment to innovation, industry experts like Justin Swart from BITKRAFT believe that Sonic is poised to lead the blockchain gaming industry. By offering a competitive and high-speed gaming experience on the blockchain, Sonic is attracting a new generation of developers and gamers seeking performance and innovation.

sonic post

The $12 million raised in the Series A round, combined with a previous seed round that raised $4 million in 2022, brings Sonic's total funding to $16 million. This financial backing solidifies Sonic's position in the blockchain market and underscores the growing interest in platforms driving game development on fast and efficient chains.

As Sonic continues to expand its capabilities and presence in the blockchain gaming industry, it is clear that the future of gaming is bright and innovative with Sonic leading the way.

Vous voulez rester à jour sur les jeux Play-To-Earn ?

Rejoignez notre newsletter hebdomadaire maintenant.

voir tout
The Crucial Role of TEEs in Perfecting Decentralized AI Systems

The Crucial Role of TEEs in Perfecting Decentralized AI Systems

In the dynamic world of technology, artificial intelligence (AI) stands as a beacon of potential, driving innovation across countless sectors Yet, as we navigate this revolutionary era, the demand for both secure and efficient AI computing methodologies has surged, spotlighting the emergence of decentralized AI (DeAI) This novel approach not only aims to redefine the AI landscape but also underscores the critical role of integrating Trusted Execution Environments (TEEs) to unleash the full prowess of DeAI The Current AI Landscape At its core, delivering cutting-edge AI solutions hinges on access to reliable and private user data However, the current state of AI is ensnared by challenges, namely the risks associated with sharing data and models...

Lire la suite
Why Investors are Betting Big on a New Crypto, Predicted to Surge 1000x

Why Investors are Betting Big on a New Crypto, Predicted to Surge 1000x

Unveiling the Crypto Titans: A Comparative Look at Polygon, Shiba Inu, and the Rising Star Rollblock in 2024 The realm of cryptocurrency has always been a fertile ground for explosive growth and groundbreaking innovations Among the multitude of digital currencies, certain projects like Polygon (MATIC) and Shiba Inu (SHIB) have ascended from relative obscurity to achieve remarkable growth in the last bull market, solidifying their positions as leaders in their respective categories These projects have not only captivated investors but have also paved the way for emerging platforms such as Rollblock (RBLK), a pioneering venture into the integration of decentralized finance (DeFi) with the gambling industry, which is anticipated to revolutionize the $450 billion sector Polygon (MATIC): The Journey from Underdog to Crypto Behemoth Born as a scalability solution for the Ethereum network, Polygon has undergone a significant transformation since its inception in 2017 The rebranding to Polygon in early 2021 marked the beginning of a meteoric rise, with its value soaring from mere fractions to an all-time high of $2...

Lire la suite
AI and Metaverse Discussed by Innovators at Global Creativity Festival

AI and Metaverse Discussed by Innovators at Global Creativity Festival

Unveiling the Future of Creative Innovation at the Heart of Cannes Each summer, the French Riviera becomes the focal point for the international advertising, marketing, and media industries, courtesy of the Cannes Lions International Festival of Creativity This esteemed event is not just a gathering; it's a celebration of groundbreaking campaigns, a hotbed for striking deals, and a symphony of industry leaders sharing insights amidst the scenic backdrop of the Palais des Festivals Innovation and Creativity on the High Seas This season, an extraordinary collaboration took the stage—or rather, the sea A partnership between Decrypt, its Web3 media companion Rug Radio, and the innovative minds at Partouche Multiverse, along with the unique NFT collection Joker Club, introduced the Joker Odyssey This was no ordinary event; it was a five-day extravaganza aboard a luxury yacht moored next to the heart of the festival, offering an exclusive blend of talks on Innovation, Creation, Entertainment, and Disruption...

Lire la suite

Jeux Play To Earn : Meilleure Liste de Jeux Blockchain Pour NFTs et Crypto

Liste de Jeux Play-to-Earn
Pas d'obligationsGratuit à utiliser