[Latest News]
According to Foresight News, Layer 1 blockchain project Sonic Labs (formerly Fantom) announces that its mainnet has officially launched. To promote network growth, Sonic Labs has launched an airdrop program, distributing 190.5 million S tokens, focusing on incentivizing users and developers.
Project Introduction
Sonic is an EVM Layer 1 platform that provides enticing incentives and robust infrastructure for developers. The chain offers over 10,000 TPS, sub-second confirmation times, and a secure gateway to Ethereum to enhance liquidity and asset security.
Network Name: Sonic
Currency Symbol: S
Financing Status
March 11, 2022: Sonic completes $4 million seed round financing. Led by Republic Capital and Galaxy Interactive, with participation from institutions such as IVC, LD Capital, OKX Ventures, Mirana Ventures, Avocado DAO, LucidBlue Ventures, Yunji Capital, W3GG, Metasense DAO, Virtuals Protocol, Bas1s Ventures, among others.
April 12, 2023: Sonic completes Pre-A round financing, amount undisclosed. Funded by Alchemy Ventures.
June 18, 2024: Sonic completes $12 million Series A financing, with a valuation of $100 million. Led by Bitkraft, with participation from several institutions and individuals including Galaxy Interactive, Big Brain Holdings, Matt Sorg (Solana founding team), Nom (Bonk), among others.
Project Highlights
1. Microservices Architecture:
The core feature of SONiC is its microservices architecture. Each network function, such as forwarding, routing, ACL, etc., is decomposed into independent services, allowing developers to focus on optimizing individual functionalities without worrying about the entire system. Moreover, this architecture allows for the dynamic addition or removal of services to quickly respond to new demands or fix issues.
2. Docker Containerization
All these microservices run within Docker containers, ensuring their isolation and portability. This means you can easily deploy and migrate SONiC across different hardware platforms without being constrained by specific hardware.
3. Switch Abstraction Interface (SAI)
SAI is a key component of SONiC's interface with hardware. It provides a set of standard APIs for abstracting the functionality of underlying switching chips, allowing SONiC to seamlessly switch between different hardware platforms, realizing the vision of Software-Defined Networking (SDN).
Future Vision
The rapid rise of the Sonic project marks an important turning point in the Solana ecosystem. With technological advancements and active community participation, Sonic is expected to become a key force in driving the development of the Solana gaming ecosystem, while challenging the existing blockchain gaming market landscape, bringing unprecedented opportunities and experiences to participants.