🚀 Sonic SVM Launches Token and Airdrop

posted  7 Jan 2025
Photo - Sonic SVM Launches Token and Airdrop
Sonic SVM, the layer-2 gaming network on Solana, has officially announced the launch of its token on Tuesday, accompanied by an exclusive airdrop for its TikTok gaming audience. This strategic step aims to onboard Web2 users into the Web3 ecosystem.
The Tap-to-earn (T2E) trend dominated 2023, with many games operating on the TON network. Clicker games like Notcoin and Hamster Kombat captured attention by rewarding tokens for gameplay milestones. Sonic SVM, however, aimed to revolutionize the format, debuting SonicX on TikTok in October. Built on Solana, the game sought to introduce crypto concepts to a broader TikTok audience.

On December 23, Sonic SVM revealed its SONIC token airdrop, scheduled for early 2025, and outlined the steps for users to get involved.

As the year drew to a close, the project unveiled its tokenomics plan: 30% of tokens will go toward ecosystem and community growth, including grants for Solana game developers, while 20% is allocated to incentivize validators and node operators.

A snapshot was conducted on January 2, with eligibility checks kicking off on January 3 during the TGE.

Today, SonicX players from TikTok are claiming their rewards. Chris Zhu, Sonic SVM’s CEO and co-founder, shared that SONIC will act as a key driver in Solana’s expanding T2E ecosystem, linking games with AI agents. The initiative underscores the team’s commitment to crafting a Web3 platform that’s both accessible and engaging for mainstream audiences.

The distribution covers not just SonicX players but also node operators and owners of specific NFTs. Participants have two options for claiming their tokens: take 60% instantly, with the remaining 40% distributed over six months with a 140% bonus, or receive the full allocation at once without any extra rewards. 
TikTok’s “tap-to-earn” approach could set a new standard for crypto projects looking to bridge the gap to Web2 users and grow their communities. 

To expand its reach, the company will open its platform to external developers, offering funding through SONIC grants. This strategy is geared toward attracting Web2 developers and introducing their audiences to blockchain technology. Sonic SVM’s approach emphasizes seamless integration with established platforms, using familiar and entertaining features to draw users into the Web3 space.