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Sonic (S)

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

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Overview

Project industryBlockchain Infrastructure / Fantom Ecosystem / EVM
Product typeEcosystem
FoundedKorea, Republic of
WhitepaperSonic White Paper Open
OnepagerSonic Onepager Open

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.

Details

Token supply: 3,175,000,000 S
Raised: 91,540,000 USD

Legal

Country limitations: 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.
Registration country: Cayman Islands
Registration year: 2018
Office address: P.O Box 2510 4th Floor Cayman Financial Cente 36A Dr Roy's Drive, P.O Box 2510, George Town, Cayman Islands KY1-1104, KY

Token info

Ticker: S
Type: Utility-token
Token standard: ERC20
Token price in USD: 1 S = 0,04 USD
Accepted currencies: ETH
Bonus program:
Private sale - 30% bonus
Token distribution:
Block Rewards - 33.9%
Token Sale - 26.5%
Market Development - 19.8%
Team and Founders - 9.9%
Advisors/Contributors - 9.9%

Project team

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

Social media

Sonic web-siteSonic RedditSonic MediumSonicYouTubeSonic TelegramSonic LinkedInSonic X (Twitter)Sonic DiscordSonic Github

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