$sonic is going to tge today, and just announced that it will be listed on upbit. I have been talking about writing an article for a long time, and it is finally here today.
Yesterday I listened to two @SonicSVM spaces. Sonic's main position is Tiktok, which is also a huge web2 traffic place. For web3, a steady flow of traffic is needed. Those who can bring web2 users to web3 should get more attention. Speaking of this, we have to mention another web2 traffic entrance - Telegram
Telegram and Tiktok are both platforms with huge traffic. One is represented by $ton and the other is $sonic.
In terms of traffic, TikTok's monthly active users are actually greater than Telegram's, but currently, very few TikTok users are converting to web3 traffic. SonicSVM, as the first TikTok App Layer and the first Solana/SVM scaling solution, should be considered quite powerful, both attract users through mini-games, and both can generate, log in, and recover wallets.
Many projects prefer to go to Douyin when bringing in users, but due to certain issues, this is basically not possible, TikTok is a very good choice, short videos are easier to spread than text, and in terms of user quality, TikTok users should be superior to Telegram users, as TikTok users are basically KYC users, and most come from Asia, North America, Latin America, etc., and there are many young people.
The background of SonicSVM is also impressive, the founder has a resume with Bilibili, Deloitte, dollar venture capital, and ByteDance, and has received investments from Galaxy Digital, Bitkraft, early supporters of Solana, OKX Ventures, etc.
I previously completed a task on TikTok, which should be finished now, the snapshot was on December 31, but I saw a tweet posted on January 6 saying I am still eligible, so I will go ahead. The TGE is tonight, and 57% of $SONIC is allocated to the Sonic SVM community, including ecosystem and community, and tokens reserved for Sonic HyperGrid Rewards.
Allocation:
Total Supply: 2,400,000,000 $SONIC
Initial Circulating Supply: 15%
30% Ecosystem and Community
7% Initial Application
20% Sonic HyperGrid Rewards
20% Foundation
8% Early Supporters
15% Investors
$SONIC's main roles are governance, staking, and payment, and it can also be used to purchase in-game items, etc.
Importantly, within 12-18 months, team and investor tokens will not be unlocked, and tokens that are not unlocked cannot be staked. This creates an imagination, $TON currently has a circulating market cap of 14.5 billion, and a total market cap of 29.3 billion. If $SONIC is compared to $TON, the potential still feels enormous, let's aim for one-tenth for now? The most important point is that it won't go up on Upbit today, Upbit is for the day after tomorrow, so after it goes live today, we can pay more attention.
