Sonic, a Solana Virtual Machine chain focusing on games and applications, is set to introduce its native SONIC token on January 7. As announced on December 31, the token generation event will allocate 57% of the total supply to the community, including reserves for the ecosystem, initial claims, and Sonic HyperGrid rewards.
The announcement follows Sonic’s recent disclosure of plans to airdrop its native tokens to TikTok users. The SONIC token will drive the blockchain’s gaming-centric platform and its multi-Solana Virtual Machine ecosystem.
Sonic will release a total supply of 2.4 billion tokens, with 15% anticipated to enter circulation during the token generation event. The initial claim for SONIC, of which 7% of the total supply will be distributed, is available to community members with an eligibility checker accessible from January 3.
This token launch marks the first phase of Solana’s project roadmap, targeting subsequent phases with the mainnet alpha, Sonic X apps for Android and iOS, and integration of token bridges. The project’s future objectives include HyperGrid optimistic rollups and the release of Sonic Grid v2 in 2025.
As the token launch approaches, the Sonic team intends to publicize listings on both centralized and Solana-based decentralized exchanges through their social media channels.
