Sonic Raises $12M To Energize Solana's Nascent GameFi Sector

Sonic, built by the GameFi developer Mirror World Labs, is betting on its ability to accelerate Solana's presence in the gaming space through its modular Solana Virtual machine chain. It's designed to support autonomous and self-governing game tokenomics within the Solana ecosystem, with infrastructure that supports the creation of "game-specific rollups" to ensure blazing-fast transactions. Solana has emerged as one of the most successful blockchains after Bitcoin and Ethereum, thanks to its retail-friendly nature and its simplified onboarding. Its platform hosts some of the best known crypto projects around, including DeFi services such as Raydium and Solend, NFT marketplaces like Magic Eden and the decentralized music-streaming platform Audius. However, if there's one area where Solana has struggled to gain impressive traction, it's the GameFi industry, where many developers instead have opted to build on game-oriented blockchain infrastructures such as Immutable X and Oasys. By building a dedicated SVM infrastructure layer for gaming on top of Solana, Sonic aims to change that. With its protocol, games developers have the ability to quickly build and deploy their own SVM chains.

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