Sonic, the pioneering atomic Solana Virtual Machine (SVM) chain tailored for independent game economies, has reached a significant milestone. Notably, the SVM Layer-2 protocol launched its Odyssey incentive-based testnet, the first to achieve that in the gaming blockchain ecosystem.
A Successful Solana Sonic Testnet Launch
Just before the mainnet launch, the Odyssey testnet recorded remarkable statistics which saw over 100,000 wallets connected and processed over 17 million transactions within a seven-day period. Sonic, supported by multi-strategy crypto investment firm Cypher Capital, seems poised to enhance its ecosystem with recent fundraising efforts.
The funds raised will be allocated towards expanding the marketing, game relations, and core development teams on a global scale. Significantly, users are welcome to engage in different on-chain activities on the live testnet such as creating immersive games making their debut on Sonic, and transaction processing.
Chris Zhu, Sonic’s founder, maintains that Cypher Capital’s role is critical to its growth path. Zhu noted that Cypher’s strategic alliances and community network are instrumental in integrating gaming into the Solana platform.
Zhu expressed optimism that as the only SVM gaming chain, it will jump-start the Solana gaming summer. He also noted that this will herald the launch of more games with Cypher Capital’s backing.
Innovative Solutions for Game Economies
Interestingly, Sonic offers extensive customization for new sovereign game economies. This is to allow any game to launch its own blockchain rollup through a horizontal scaling framework called HyperGrid. With HyperGrid, the overall process is simplified and reduces the entry hurdles for game developers.
The team at Cypher Capital is enthusiastic about the partnership as Harsh Agarwal, Investment Lead at the firm praised Chris Zhu’s expertise and vision. Agarwal while expressing delight at helping to create Sonic’s premier SVM Layer 2 gaming chain was confident that the project has the potential to expand the Solana gaming ecosystem.
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