Sonic SVM Plans $12.8M HyperGrid Node Sale on Solana
Sonic SVM will launch a $12.8M sale of 50,000 HyperFuse nodes to support its gaming platform on the Solana blockchain, starting the week of September 16, 2024.
Key points:
- Node sale launch: The sale starts the week of September 16, 2024.
- Total value: $12.8M expected from 50,000 nodes.
- Purpose: To fund development and support the gaming platform.
- Rewards: Node buyers can earn token rewards and monitor the network.
- Future airdrops: Potential airdrops for node operators (not confirmed).
Major Banks Take on Stablecoin Payments:
Sonic SVM, a gaming project leveraging the Solana blockchain, is set to raise $12.8M by selling 50,000 “HyperFuse” nodes.
This is part of their broader HyperGrid framework, designed for high-speed, gaming-optimized blockchain networks. Notably, Sonic SVM recently raised $12M through traditional means but is now shifting to node sales.
This method has become popular with other blockchain projects like Aethir and CARV.
The sale, starting the week of September 16, 2024, will offer 50,000 nodes in 20 pricing tiers. Buyers will receive token rewards and help secure the network. In addition, these nodes will validate and monitor the network, ensuring smooth operations.
Sonic SVMās architecture, HyperGrid, allows multiple “grids” to settle transactions on the Solana blockchain.
Therefore, it could become a game-changer for blockchain gaming. While future airdrops for node holders are not officially confirmed, they remain a possibility.
Moreover, this sale presents an opportunity for individuals to acquire Sonic Tokens at a lower valuation than venture capitalists paid. As the Web3 gaming space grows, this node sale could be a crucial step in Sonic SVM’s rise to prominenceā.
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