From HyperGrid Architecture to TikTok Binding: Understanding the Growth Logic and Value Expectations of $SONIC

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西格玛学长2025/01/07 09:10

By:西格玛学长

I. Project introduction

SonicSVM is the first expansion solution based on Solana that focuses on game chains, dedicated to solving performance bottlenecks in high-frequency interaction scenarios. The project proposes an innovative extension architecture called HyperGrid, which is designed specifically for on-chain games and high-frequency applications, providing optimized high-concurrency processing and fast response capabilities, significantly improving User Experience. At the same time, SonicSVM is 100% compatible with EVM smart contracts, has a built-in native game engine, and is equipped with comprehensive on-chain development components to help developers build an efficient on-chain game ecosystem.

Compared to the traditional "Universal Layer 2", SonicSVM is an extension solution for specific application scenarios, especially deeply optimized for high-frequency trading and complex logic game scenarios. This mode not only relieves the pressure on the Solana main chain under high load, but also provides developers with flexible feature customization capabilities, such as parallel processing, data structure optimization, caching mechanism, and independent governance model.

What's more, SonicSVM is not just staying at the technical level. Its positioning goes beyond the scope of traditional expansion solutions and becomes the first APP Layer on the TikTok. By deeply binding with TikTok, SonicSVM connects the blockchain ecosystem with the world's leading Short Video Platform. As an early practitioner of Web3 application chain, SonicSVM not only attracts millions of users with the traffic advantage of TikTok, but also demonstrates its huge business potential and scalability in ecological construction.

The founder of the project, Chris Zhu, has a rich background and has accumulated deep experience in ByteDance, investment banking, and consulting industries, providing strong strategic support for project design and execution. In terms of funding, SonicSVM has completed seed and A round financing totaling $16 million, with a valuation of $100 million. The investors behind the project include institutions such as Galaxy Interactive and Bitkraft, demonstrating the industry recognition and future development potential of the project.

From HyperGrid Architecture to TikTok Binding: Understanding the Growth Logic and Value Expectations of $SONIC image 0

II. Project highlights

1. HyperGrid Architecture Designed for High Frequency Interaction

SonicSVM's proposed HyperGrid is the first extended architecture on Solana for specific application scenarios, especially optimized for on-chain games and high-frequency interaction scenarios. Through custom data structures, parallel processing mechanisms, and efficient caching systems, HyperGrid not only improves transaction speed, but also significantly reduces the main chain latency caused by high TPS, ensuring the stability of User Experience.

2. Deep binding of TikTok ecology, obvious advantages of client base

SonicSVM has a deep cooperation with TikTok, successfully attracting 2 million activation addresses and 2.10 million monthly active users of mini-games through airdrop activities. TikTok as the world's leading Short Video Platform, its user base is huge, young and has high commercial value. Compared with TON supported by Telegram, TikTok has a higher user conversion rate and wider dissemination range, providing unique traffic support for SonicSVM to build a global blockchain ecosystem.

3. Strong financing background and top industry support

SonicSVM raised a total of $16 million in seed and Series A financing, with a valuation of $100 million. Investors include top institutions such as Galaxy Interactive and Bitkraft, providing funding support and resource docking for the project. At the same time, the project has received support from Solana ecosystem leader Lily Liu and BigBrain Holdings, further strengthening SonicSVM's position in the industry.

4. The test network data shows strong performance and significant ecological potential

As of December last year, the number of active addresses on the SonicSVM testnet has exceeded 8 million, with a particularly prominent proportion of users in North America, demonstrating the global appeal of the project. In addition, the testnet transaction volume continues to remain high, and a large amount of equivalent $SOL is used for security, further verifying the stability and applicability of its technical architecture.

5. Helping Solana build a Rollup-Centric ecosystem

The launch of SonicSVM has added diverse expansion solutions to the Solana ecosystem. Its specific extension layer is positioned similar to Ethereum's OP Stack, providing developers with lower threshold application chain generation capabilities. This not only enriches Solana's application ecosystem, but also creates more possibilities for its expansion from financial scenarios to diverse application scenarios.

6. Differentiate positioning against TON and expand business imagination

SonicSVM, like TON, builds an application chain ecosystem by relying on ByteIO, but TikTok user base and business value far exceed Telegram. TikTok users are younger, more extensive, and have significantly higher consumption power. According to 2024 data, TikTok ARPU (average revenue per user) reaches $11.7, while Telegram is only $1.05. If SonicSVM can successfully land on the TikTok, its future business potential is undoubtedly huge.

III. Market value expectations

SonicSVM's unique positioning in blockchain expansion and Web3 gaming, combined with its traffic binding model with TikTok, provides a solid foundation for the project's long-term growth. From a market value perspective, SonicSVM's benchmark projects include:

Arbitrum ($ARB): As a star project for Ethereum Layer 2 expansion, its current circulating market value is $3.81B, and its fully diluted market value reaches $9.06B.

Optimism ($OP): One of the Ethereum L2 scaling solutions, with a circulating market value of $2.82B and a fully diluted market value of $8.98B.

Ton ($TON): A decentralized Layer 1 blockchain supported by the Telegram team, with a circulating market value of $14.44B and a fully diluted market value of $29.08B.

The following core advantages based on SonicSVM:

High-performance HyperGrid architecture.

- TikTok global traffic support and unique application chain positioning.

Strong financing background and endorsement from top institutions.

It can be speculated that after the mainnet goes online and attracts enough users, its circulating market value is expected to reach the range of $2.5B - $4B, corresponding to a fully diluted market value of $6B - $8B. Compared with the valuation space of $ARB and $OP, the future value of SonicSVM will depend more on the conversion and active level of TikTok ecosystem users, as well as the application expansion speed of on-chain games.

According to the current total amount of 2.4B tokens, when the circulating market value reaches $2.5B, the expected unit price of SONIC is about 1.04 dollars; when the circulating market value reaches $4B, its unit price may rise to 1.67 dollars.

IV. Token Economics

Total supply of SONIC: 2.40 billion pieces, the specific distribution is as follows

Seed Round (Seed Round): Proportion: 10.65%; TGE unlock: 0%; Lock-up period: 12 months; Release period: Linearly unlock in 24 months after locking up

Pre-A Round (Pre-A Round): Proportion: 5%; TGE unlock: 0%; Lock-up period: 6 months; Release period: Linearly unlock in 24 months after locking up

A Round (A Round): Proportion: 9%; TGE unlock: 0%; Lock-up period: 12 months; Release period: Linearly unlock in 24 months after locking up

Team: Proportion: 17.5%; TGE unlock: 0%; Lock-up period: 18 months; Release period: Linearly unlock in 30 months after locking up

MM Liquidity (Market Making and Liquidity): Share: 4%; TGE Unlock: 100%

Exchange: Proportion: 5%; TGE unlock: 100%

Advisors: Proportion: 5%; TGE unlock: 0%; Lock-up period: 18 months; Release period: Linearly unlock in 30 months after locking up

Airdrops (airdrops): Proportion: 5%; TGE unlock: 50%; no lock-up; the remaining part is linearly unlocked in 6 months

Ecosystem and Partnerships (Ecosystem and Partnerships): Proportion: 8.85%; TGE unlock: 50%; No lock-up; The remaining part is linearly unlocked in 24 months

Sonic Validators Rewards: Proportion: 10%; TGE unlock: 0%; No lock-up; Release period: Linearly unlock in 48 months

Observation Nodes Rewards: Proportion: 10%; TGE unlock: 0%; No lock-up; Release period: Linearly unlock in 48 months

V. Team and financing

Team Info

Chris Zhu: Co-founder, responsible for the overall strategic planning and operational implementation of the project. Chris has a rich background in investment banking, consulting, and ByteDance. With years of industry experience, he has provided important support for SonicSVM in strategic direction and resource integration.

Kinsa Durst: Chief Marketing Officer (CMO), responsible for brand promotion and marketing strategy. Kinsa excels in enhancing the global influence and user awareness of projects through precise marketing strategies.

Arif Kazi: Business Development Manager (BD Manager), focusing on project cooperation and resource integration. Through close collaboration with ecological partners, he promotes the ecological layout and industry landing of SonicSVM.

Financing information

In June 2024, SonicSVM completed a Series A financing of $12 million, with a valuation of $100 million. The investors in this round include top industry institutions such as Bitkraft Ventures, OKX Ventures, Mirana Ventures, Mask Network, and Galaxy Interactive, as well as Big Brain Holdings, Sanctor Capital, and Cloud Nine Capital. The Series A financing not only further strengthened SonicSVM's market confidence, but also provided strong support for its global ecosystem expansion.

Pre-A round financing: In April 2023, SonicSVM completed Pre-A round financing, exclusively invested by Alchemy Ventures. Although the amount of this round of financing was not disclosed, it provided important start-up capital for the early technology research and ecological exploration of the project.

SonicSVM completed a $4 million seed round financing as early as March 2022. The investment lineup in this round is strong, including well-known institutions such as Republic Capital, Galaxy Interactive, IVC, LD Capital, OKX Ventures, and Mirana Ventures. At the same time, Web3 community investors such as Avocado DAO, LucidBlue Ventures, Cloud Nine Capital, and W3GG also participated, further laying the early ecological foundation of SonicSVM. This round of financing injected important resources into the project's technical development and community building.

VI. Risk Warning

1. The behavior of game users may be significantly affected by the fluctuation of SVM token prices. Once the token price is too low, users' willingness to participate in on-chain activities may decrease, further worsening the ecological cycle.

2. Although the user base of TikTok is huge, there may be a gap between its entertainment-centered user habits and the demand of Web3 games. How to convert these users into long-term on-chain players and how to improve the Retention Rate of active users remains a major challenge.

VII. Official links

Website：https://www.sonic.game/

Twitter：https://x.com/SonicSVM

Discord：https://discord.com/invite/joinmirrorworld

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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