Sonic SVM Launches Multi-Million Dollar Fund for Web3 Games and AI Agents
Industry watchers are predicting a year of massive growth for the emerging field of autonomous AI agents and AI-powered cryptocurrencies.
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Sonic, a layer 2 blockchain company on Solana, and venture capital firm Galaxy Interactive have announced a new fund aimed at developing Web3 games and other emerging cryptocurrency sectors. The announcement comes as excitement around AI agents grows.
Sonic, the first Solana Virtual Machine (SVM) L2 network focused on gaming, has announced the launch of GAME (Game, AI, Meme, Ecosystem) Fund 1, to accelerate the development of Web3 games, AI agents, and social media content creation tools on HyperGrid.
The fund will provide support of up to $1 million per project, with no cap on the number of participants in the accelerator, according to an announcement shared with Cointelegraph.
