Sonic SVM has constructed its personal framework, HyperGrid, which can be utilized to spin up new networks referred to as “grids” that finally settle to the Solana blockchain.
The sale is scheduled for the week of Sept. 16 and can embody 50,000 “HyperFuse nodes” in 20 pricing tiers.
The nodes include token rewards and permit holders to watch the community state.
“Whereas not formally confirmed, there are potential future airdrops for node operators,” in line with a press launch.
Sonic SVM, a undertaking to scale the Solana blockchain to gaming-quality pace and throughput, plans to promote as a lot as $12.8 million price of validator nodes in its HyperGrid, a decentralized framework designed to assist new application-specific networks.
The sale, scheduled for the week of Sept. 16, would be the first within the Solana blockchain ecosystem and can embody 50,000 “Hyperfuse nodes” in 20 pricing tiers, in line with the staff. Proceeds will go into the undertaking’s treasury for normal functions, together with supporting the event staff and grants, CEO and co-founder Chris Zhu stated in an interview.
Node gross sales have been rising in reputation as a manner for blockchain initiatives to boost funds whereas concurrently decentralizing their networks. Aethir, a decentralized GPU cloud infrastructure supplier, disclosed in Might that it raised about $126 million in Ethereum’s ether (ETH) token by distributing greater than 73,000 node licenses. Different initiatives together with Sophon, CARV, XAI Video games and Powerloom have used the strategy to usher in contemporary funds.
The sale comes simply a few months after Sonic SVM raised $12 million in a Collection A fundraising led by Bitkraft and joined by traders together with Galaxy Interactive and Large Mind Holdings.
Purchasers of the nodes will qualify for token rewards whereas additionally contributing to the HyperGrid community safety, in line with a thread on X. The nodes may be set as much as run on a laptop computer or cloud servers.
“Being a node operator really permits them to watch the HyperGrid state, which implies they take part within the validation,” Zhu stated.
Solana’s OP Stack
Underneath the undertaking’s structure, Sonic SVM itself is taken into account a “grid” constructed atop a blockchain equipment generally known as the HyperGrid. That, in flip, offers the interface for finally settling transactions on Solana. Different grids may very well be spun up as properly, both for extra gaming domains and even an AI community, in line with Zhu.
Zhu likened Sonic SVM’s HyperGrid to Solana’s model of Optimism’s OP Stack – a well-liked template for spinning up a brand new layer-2 networks atop the Ethereum blockchain. U.S. crypto trade Coinbase’s layer-2 undertaking, Base, is constructed on that framework.
Layer-2 networks are designed to scale blockchains by offering an alternate venue for quicker and cheaper transactions than primary, layer-1, blockchains. Such buildings have traditionally been much less emphasised for the Solana as a result of it is already thought of quicker and cheaper than the far-more-sprawling Ethereum blockchain.
An added enticement is that the deal “presents a uncommon probability for people to accumulate Sonic Tokens at a valuation decrease than that supplied to prime enterprise capital” corporations within the latest Collection A fundraising, Sonic SVM stated in a press launch.
“Whereas not formally confirmed, there are potential future airdrops for node operators,” in line with the assertion.