Sonic, a pioneering Layer-2 gaming infrastructure built on the Solana blockchain, has successfully completed a $12 million Series A funding round.
This funding marks a significant milestone for Sonic, developed by Mirror World Labs, a key player in the GameFi infrastructure space for over two years.
Enhancing Gaming Protocols
The investment will primarily focus on enhancing the development of the Sonic protocol. This protocol is recognized as the first atomic Stateful Virtual Machine (SVM) Layer-2 specifically designed for gaming on Solana. It offers unique tools tailored for game development, including a sandbox for testing, customizable gaming elements, and expandable data structures.
These features aim to provide an unrivaled on-chain gaming experience. Additionally, the primary goal for the recently acquired funds is to attract and assist new developers to join the Solana gaming ecosystem.
Sonic intends to introduce grants and acceleration programs specifically aimed at current game developers, using the Sonic SVM and HyperGrid Framework, to help them seamlessly join the Solana platform.
The H yperGrid acts as a core technology, allowing developers to easily launch new game engines and virtual machines on Solana, thereby enhancing the development of dedicated gaming spaces on the blockchain.
“For the past two years, we’ve worked with hundreds of games in the Web3 gaming ecosystem helping them with monetization and listing,” said Chris Zhu, CEO and Founder of Sonic. “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.”
Impact on Solana’s Gaming Scene
Despite Solana’s reputation for its user-friendly blockchain experience, its gaming sector has been lagging behind. Sonic’s technological advancements are poised to change this by providing developers with the tools to create fast and efficient gaming experiences on its platform.
This new funding complements a previous $4 million seed round, bringing Sonic’s total funding to $16 million since its establishment. The funds will support the ongoing development efforts across all phases of game lifecycle management on Solana, from developer onboarding to ensuring smooth gameplay mechanics.