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With the closing of a $12 million Series A fundraising round headed by Mirror World Labs, Sonic, a cutting-edge Layer-2 gaming infrastructure on the Solana blockchain, has achieved an important milestone.
The funds will be used to further the development of Solana’s first atomic Stateful Virtual Machine (SVM) Layer-2, called Sonic, which is intended just for gaming. This novel protocol provides specific capabilities for game developers, such as scalable data structures, a reliable testing sandbox, and modifiable gaming features.
Sonic intends to introduce incentives and accelerator programs specifically designed for game producers in order to promote expansion inside the Solana gaming ecosystem. To make joining and prospering on the Solana platform easier, these activities will make use of Sonic SVM and the HyperGrid Framework.
Reflecting on Sonic’s journey, Chris Zhu, CEO and Founder of Sonic, emphasized their commitment to empowering Web3 gaming: “For the past two years, we’ve worked with hundreds of games in the Web3 gaming ecosystem helping them with monetization and listing. Solana was our biggest focus with a whole suite of tools and frameworks for games. We believe Sonic SVM will be the key to unlocking the Solana gaming summer, onboarding thousands of games to launch and go to market with our support.”
Though Solana is known for providing user-friendly blockchain experiences, its gaming industry has not developed much. Sonic’s cutting-edge technology seeks to close this gap by giving programmers the resources they need to produce quick and fluid gaming experiences on Solana.
Sonic has raised a total of $16 million with the Series A financing and a $4 million seed round. With the help of these funding, continued work will be done to improve Solana game lifecycle management, guaranteeing smooth developer onboarding and gameplay mechanic optimization.