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Sonic (S)

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ICO

Sonic is an Ethereum Virtual Machine (EVM) layer-1 blockchain platform developed by Sonic Labs, previously known for the Fantom network. Sonic offers unprecedented scalability and storage to developers, and a swift, streamlined experience for users.

Strategic Round: $10M

Funding Round: $40M

Sonic White Paper WhitepaperSonic Onepager Onepager

Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

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Highest
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User Rating
Medium
3/5 1 votes
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Ticker
S
Type
Utility-token
Token standard
ERC20
FoundedKorea, Republic of
Registration countryCayman Islands
Registration year2018
Office addressP.O Box 2510 4th Floor Cayman Financial Cente 36A Dr Roy's Drive, P.O Box 2510, George Town, Cayman Islands KY1-1104, KY
Ecosystems

What is Sonic

Sonic is the highest-performing EVM L1, combining speed, incentives, and world-class infrastructure for DeFi. The chain provides 10,000 TPS and sub-second finality. Sonic delivers exceptional performance, enabling developers to scale their applications without limits while ensuring smooth user experiences.

  • 10,000 Transactions per Second
  • Sub-Second Finality
  • EVM Compatible
  • Solidity/Vyper Support

The native token of Sonic is S, which is used for transaction fees, staking, running validators, and participating in governance. Users holding FTM can upgrade to S on a 1:1 basis.

Furthermore, the Sonic Gateway provides developers and users with seamless access to vast liquidity through a secure bridge connected to Ethereum. With a unique fail-safe mechanism, it ensures your assets are protected in all circumstances.

Token Allocation

Total Token Supply 3,175,000,000 S

Funding Details

Funds Raised (as of now) 91,540,000 USD

Restrictions

Residents of the following countries are prohibited from participating
Afghanistan, Australia, Bosnia and Herzegovina, Central African Republic, China, Democratic People’s Republic of Korea (North Korea), Democratic Republic of the Congo, Eritrea, Ethiopia, Guinea-Bissau, Iran, Iraq, Japan, Korea, Lebanon, Libya, Myanmar, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Tunisia, United States, Vanuatu, Yemen, Zimbabwe.

Token distribution


Block Rewards - 33.9%
Token Sale - 26.5%
Market Development - 19.8%
Team and Founders - 9.9%
Advisors/Contributors - 9.9%

Token Price and Payment Options

Token price USD 1 S = 0,04 USD
Accepted Currencies ETH

Project team

Michael Kong
Michael Kong
Chief Executive Officer
Michael Kong linkedin-team
David Richardson
David Richardson
Executive Chairman
David Richardson linkedin-team
Andre Cronje
Andre Cronje
Chief Technology Officer
Andre Cronje linkedin-team
Bernhard Scholz
Bernhard Scholz
Chief Research Officer
Bernhard Scholz linkedin-team
Sam Harcourt
Sam Harcourt
Business Development Lead
Sam Harcourt linkedin-team
Ash V. Khatibi
Ash V. Khatibi
Marketing Lead
Ash V. Khatibi linkedin-team
Seg
Seg
Developer Relations
Luis Fausto
Luis Fausto
Content Lead
Luis Fausto linkedin-team

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