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Sonic Shard Snapshot Scheduled on December 1 for Exclusive Airdrop

Key Points:

Sonic Shard snapshot will be conducted on December 1, wallets holding all six Sonic Shard NFTs will be eligible to mint an exclusive NFT.
Sonic mainnet launch is expected in late 2024, featuring Sonic Gateway, a Layer 2 bridge connecting to Ethereum.

In a recent announcement, Sonic Labs said that the Sonic Shard snapshot will happen on December 1, which will qualify any user owning a full set of six different Sonic Shard NFTs for an exclusive mint event.

Sonic Shard Snapshot Set for December 1, Providing Access to Exclusive NFT Minting

Wallets that hold the complete set will be able to mint a special NFT on Sonic once the blockchain goes live. This Sonic Shard snapshot marks an important milestone in the continuous development that is happening with Sonic and further exemplifies the singular approach that the platform has taken so far regarding community engagement and mechanisms for rewarding.

To be eligible, users have been going through weekly challenges to collect all six Sonic Shard NFTs. Once combined, the shards will yield a unique NFT holding wallet for Sonic’s highly anticipated airdrop of 200 million S tokens, a new token that was announced in August year by Sonic Labs. As much as 190.5 million S tokens are scheduled to be airdropped in this airdrop.

Sonic Testnet Goes Live with Ethereum Bridge for Improved Liquidity

At the core of Sonic‘s technology is HyperGrid, a Rollup scaling solution developed by Mirror World Labs. The HyperGrid improves transaction throughput and overall performance without sacrificing decentralization or security, a key component of how Sonic positions itself as a gaming-focused Layer 2 blockchain on Solana.

Furthermore, Sonic supports the Solana Virtual Machine, or in other words, SVM, which makes it fully compatible with both the Solana infrastructure and the gaming ecosystem built upon it.

Currently, the testnet of Sonic is live, and the full chain is expected to go live at the end of November or December 2024. The mainnet will launch the so-called Sonic Gateway, a Layer 2 bridge to Ethereum, allowing Sonic to tap into the liquidity and vast pool of Ethereum-based users.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.