Fantom Foundation Unveils New Sonic Foundation and Labs to Boost Sonic Chain Development

Thursday, 23 May 2024, 16:00

Fantom has recently launched Sonic Foundation and Labs as part of its efforts to strengthen the development of the Sonic Chain. The announcement comes after a successful $10 million funding round aimed at fueling the growth of Sonic's ecosystem. The creation of these new entities signifies Fantom's commitment to innovation and advancement within the blockchain space.

https://store.livarava.com/2b5da807-191e-11ef-a3d8-9d5fa15a64d8.jpg — Fantom Foundation Unveils New Sonic Foundation and Labs to Boost Sonic Chain Development

Introducing Sonic Foundation and Labs

Fantom Foundation has unveiled new entities, including Sonic Foundation and Labs, to drive the development of the Sonic Chain.

Key Highlights:

Funding: Fantom raised $10 million in a recent funding round for advancing Sonic's ecosystem.
Objective: The new entities aim to accelerate development and innovation within the blockchain ecosystem.

The establishment of Sonic Foundation and Labs is a significant step towards strengthening Fantom's position in the blockchain industry and fostering growth.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.