Sonic SVM, a project focused on scaling the Solana blockchain for gaming, is planning to sell up to $12.8 million worth of validator nodes in its HyperGrid decentralized framework. The sale, scheduled for the week of Sept. 16, will be the first of its kind in the Solana ecosystem and will include 50,000 "Hyperfuse nodes" across 20 pricing tiers.

Node sales have been growing in popularity as a way for blockchain projects to raise funds while simultaneously decentralizing their networks. Aethir, a decentralized GPU cloud infrastructure provider, raised about $126 million in Ethereum's ether (ETH) token by distributing more than 73,000 node licenses. Other projects like Sophon, CARV, XAI Games and Powerloom have also used this method to bring in fresh funds.

The sale comes just a couple of months after Sonic SVM raised $12 million in a Series A fundraising led by Bitkraft and joined by investors including Galaxy Interactive and Big Brain Holdings. Purchasers of the nodes will qualify for token rewards while also contributing to the HyperGrid network security, according to a thread on X. The nodes can be set up to run on a laptop or cloud servers, and node operators will be able to monitor the HyperGrid state and participate in validation.

Source: https://www.coindesk.com/tech/2024/09/06/sonic-svm-gaming-project-on-solana-blockchain-plans-128m-node-sale/

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