#bitcoin $FTM You'll get a brother! Say hello to Sonic, a new layer-1 blockchain with a layer-2 bridge to Ethereum. Sonic is set to be the Usain Bolt of the blockchain world, boasting speed and security that will make Fantom look like he's running slow. đąđš
đSonic will not only be linked to Ethereum, but will also allow independent withdrawals on Ethereum. Every asset that is linked from Ethereum to Sonic will come with a proof, making it the blockchain equivalent of a notary. đ
đąThe Sonic Foundation and Sonic Labs will be the proud parents of Sonic, taking care of governance, treasury, decentralized applications, and community.
And yes, Sonic will have its own token, $S, which will be 1:1 compatible with Fantom's $FTM token. đ°
đžFantom has also secured an impressive $10 million in funding led by Hashed, which will be used to grow Sonic's ecosystem and product.
However, the Sonic Foundation and Sonic Labs will not begin their missions until after the Sonic series launches. đŠ
đCEO Michael Kong is extremely grateful to the investors and the team for their belief in Sonic.
It promises to continue the legacy of effectiveness, transparency and loyalty to the community in this next phase of the Protocol. đ
What are your thoughts on Sonic? Will it outperform the Phantom? Share your thoughts in the comments! đšïž#DeFi#Web3#Blockchain
