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Sonic SVM announces $12.8m HyperGrid Node sale on Solana

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

According to a press release shared with crypto.news, these nodes will play a vital role in the security and growth of the SVM multi-chain network, allowing operators to verify state transitions and enhance 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 metrics of responsibility to their holders.

HyperFuse nodes are a core component of the HyperGrid framework, providing community members with the opportunity to purchase Sonic Tokens at a lower value than those offered to major venture capital firms during Sonic’s $12 million Series A round.

Sell

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

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

With partnerships spanning over 40 game studios and over 10 games hosted on the platform, operators can cash in on the booming industry. The sale is backed by major investors including Bitkraft, OKX Ventures, and Galaxy Interactive, with Sonic having raised $16 million to date.

Sales Event Dates

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

The public sale will begin on September 19. HyperFuse nodes, the lowest-cost tier, will be offered on Delysium’s Nodpad as the first node to go on 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 gaming with non-custodial settlements, and to migrate player records from Zeebit’s existing Solana protocol to Sonic.

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