The Sonic blockchain is a new, separate chain to the Fantom Opera network and users will soon be able to swap their FTM tokens for “S” tokens at a 1:1 ratio.
Sonic Labs says its layer-1 blockchain Sonic will publicly launch “soon” after achieving Genesis — the first completed block of transactions on its chain.
“Genesis achieved. Block zero. Infrastructure deploying. Public soon,” Sonic Labs said in a Dec. 2 X post.
Sonic is a speed-focused Ethereum Virtual Machine-compatible blockchain that looks to offer innovators “attractive incentives and powerful infrastructure.“