Sonic SVM announces $12.8m HyperGrid Node sale on Solana

Sonic SVM has announced the public sale of HyperFuse Nodes, the first node sale in the Solana ecosystem.

According to the press release shared with Crypto.news, these nodes will play a vital role in the security and growth of the multi-SVM network, allowing operators to verify state transitions and increase the efficiency of the ecosystem.

Sonic SVM has developed its own framework called HyperGrid, which can be used to create new networks known as “grids” that eventually connect to the Solana blockchain. These nodes offer token rewards and owner accountability metrics.

HyperFuse Nodes are a critical component of the HyperGrid framework and provide community members with the opportunity to purchase Sonic Tokens at a lower valuation than that provided to top VC firms in Sonic’s $12 million Series A round.

Sales

The sale offers more than 30% of the 50,000 nodes at below the Series A fully diluted valuation, creating an accessible entry point for individual investors.

Node operators will benefit from Sonic SVM’s user base of 2 million wallets, over 1.5 billion on-chain transactions, and the growing Solana (SOL) gaming market.

With partnerships that include over 40 gaming studios and over 10 games hosted on the platform, operators can reap dividends from the booming industry. The sale is backed by major investors including Bitkraft, OKX Ventures, and Galaxy Interactive, with Sonic raising $16 million to date.

Dates of sales events

HyperFuse Nodes will be available for purchase through a series of sales events. Sales will begin with a 24-hour raffle sale on September 16, followed by a whitelist sale for Sonic community members and partners on September 18.

The general sale will begin on September 19th. The most affordable tier, HyperFuse Nodes, will be available on Delysium’s Nodpad as the first node sale. Limited quantities will be available during these events.

In July, Zeebit announced plans to launch the first Web3 microgaming platform on the Solana blockchain using the Sonic Layer 2 chain. The platform aims to offer verifiable on-chain games with custody-free settlements by migrating player histories from Zeebit’s existing Solana protocol to Sonic.