Sonic SVM announces $12.8m HyperGrid Node sale on Solana

Sonic SVM 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 multi-SVM network, allowing operators to verify state transitions and enhance the ecosystem’s efficiency.

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

HyperFuse Nodes are a critical component of the HyperGrid framework, offering community members an opportunity to purchase Sonic Tokens at a valuation lower than that provided to top venture capital firms during Sonic’s $12 million Series A round.

The sale

The sale offers over 30% of the 50,000 nodes 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 and over 1.5 billion on-chain transactions, as well as the growing Solana (SOL) gaming market. 

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

Sales events dates

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

The public sale will commence on Sept. 19. HyperFuse Nodes, the most affordable tier, will be featured 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, utilizing the Sonic Layer 2 chain. The platform aims to offer on-chain verifiable games with non-custodial settlements, migrating player histories from Zeebit’s existing Solana protocol to Sonic.