🚀 Fantom Foundation has announced a $120M commitment to boost the launch of Sonic, a faster network. This fund, sourced from smart financial strategies, will be used to secure top-tier partners to develop and expand Sonic. The focus is on supporting applications already in the Fantom ecosystem, especially those keen on Sonic tech. Sonic will offer a new layer-1 solution and a built-in layer 2 that directly links to the Ethereum network. This isn't Fantom's first rodeo, having previously incentivized "safer memecoins" and launched a program to pay developers' gas fees. Sonic boom, anyone?