Sonic secures $12M funding to grow Solana gaming ecosystem

Sonic secures $12M funding to grow Solana gaming ecosystem

Play To Earn Games | 19 Jun 2024 13:11 UTC

The Rise of Sonic: Revolutionizing Game Development on Solana

In the ever-evolving world of blockchain technology, Sonic has emerged as a groundbreaking player with its recent success in raising $12 million in its Series A round. This significant milestone was led by Bitkraft and supported by Galaxy Interactive and Big Brain Holdings, signaling a strong commitment to enhancing its protocol on the Solana network.

What sets Sonic apart is its laser focus on game development within the Solana ecosystem. Offering developers a sandbox environment and customizable tools, Sonic aims to become the go-to destination for game studios looking to leverage Solana's unique advantages.

The Genesis of Sonic

Sonic, a layer-2 gaming chain built on Solana, has captured investors' attention with its successful Series A fundraising round. Led by Bitkraft and supported by renowned firms such as Galaxy Interactive and Big Brain Holdings, the investment seeks to bolster Sonic's protocol within the blockchain ecosystem.

Behind Sonic is Mirror World Labs, an infrastructure founded by Chris Zhu, a former ByteDance employee with an academic background from New York University. Zhu's leadership has steered Sonic's development to its current market position, making it a formidable player in the blockchain gaming industry.

Sonic's Future in the Blockchain Gaming Sector

With Sonic's cutting-edge technology and commitment to innovation, industry experts like Justin Swart from BITKRAFT believe that Sonic is poised to lead the blockchain gaming industry. By offering a competitive and high-speed gaming experience on the blockchain, Sonic is attracting a new generation of developers and gamers seeking performance and innovation.

sonic post

The $12 million raised in the Series A round, combined with a previous seed round that raised $4 million in 2022, brings Sonic's total funding to $16 million. This financial backing solidifies Sonic's position in the blockchain market and underscores the growing interest in platforms driving game development on fast and efficient chains.

As Sonic continues to expand its capabilities and presence in the blockchain gaming industry, it is clear that the future of gaming is bright and innovative with Sonic leading the way.

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