BlockBeats Latest News, on December 3rd, the Layer1 blockchain project Sonic Labs (formerly known as Fantom) announced an exciting development: their mainnet successfully generated its first block, marking the successful completion of the 'Genesis' phase! 🎉 This means Sonic Labs is one step closer to officially launching and is expected to meet everyone very soon.

Before this, Sonic Labs also launched the upgraded testnet 'Blaze', fully preparing for the official launch. The team mentioned in a previous announcement that the mainnet was planned to go live at the end of November or early December, and it seems their plans are progressing smoothly.

It is worth mentioning that Sonic Labs has completed the snapshot for the S token airdrop allocation and supports a 1:1 exchange with Fantom's FTM token. This initiative undoubtedly provides users with more convenience and options. In addition, Sonic Labs has also introduced Sonic Gateway, realizing cross-chain bridging functionality, opening up new possibilities for blockchain interoperability.

For blockchain enthusiasts and investors, this is undoubtedly a project worth paying attention to. The progress of Sonic Labs not only showcases technological innovation but also injects fresh vitality into the market.

Friends, what are your thoughts on the future development of Sonic Labs? Feel free to share your views and expectations in the comments! Let's witness more exciting stories in the blockchain industry together!