Sonic SVM announces HyperFuse Nodes, the first node sale on Solana 
Cryptocurrency Sep 18, 2024 Share
Sonic SVM, a key player in the Solana Virtual Machine (SVM) ecosystem, has announced the public sale of its HyperFuse Nodes, according to the most recent updates shared with Finbold on Wednesday, September 19.
The sale represents a fresh opportunity for the community to take part in the expanding SVM landscape and secure a stake in the future of the Solana (SOL) network.
The HyperFuse Node Tier 1 raffle saw overwhelming interest, with a 645% oversubscription in only one hour, bringing in $3 million.
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The public sale was therefore rescheduled from September 18 to September 19, allowing the platform to meet the growing demand.
Node Sale Update:
We will be delaying the whitelist sale 24 hours, to Sep. 19, 1 PM UTC
There has been a lot of interest in the node sale and we are ensuring that we can support the community demand.
Twitter Spaces happening now for any Q&A, with our CEO @Chrizhuu!
Join…
— Sonic (Odyssey Now Live ⚡️) (@SonicSVM) September 18, 2024
HyperFuse Nodes
HyperFuse Nodes are responsible for verifying state transitions and maintaining the security and efficiency of the SVM ecosystem.
Individual investors now have an opportunity to purchase Sonic Tokens at a lower valuation than venture capital firms during Sonic’s recent $12 million Series A funding round.
Over 30% of the 50,000 available HyperFuse Nodes are priced below the Series A fully diluted valuation and early adopters will be positioned at the forefront of the Solana ecosystem’s rapid expansion.
With over 2 million wallets and 1.5 billion on-chain transactions on Sonic SVM, node operators can potentially capitalize on the platform’s growing user base.
In addition, operators stand to benefit from the growing Solana gaming sector, where Sonic SVM currently hosts more than 10 titles and boasts partnerships with over 40 leading game studios.
The future of Sonic SVM
With support from major industry players such as Bitkraft, OKX Ventures, and Galaxy Interactive, Sonic SVM has raised a total of $16 million.
Node purchasers can also enjoy the benefits of a referral program with instant cashbacks and access to additional mining pool perks.
While not officially confirmed, there are also rumors of possible airdrops for HyperFuse Node operators.
According to Sonic SVM CEO and co-founder Chris Zhu, HyperFuse Nodes represent an unprecedented opportunity for community members to be directly involved in shaping the Solana ecosystem:
“HyperFuse Nodes represent a groundbreaking opportunity for community members to actively participate, and position themselves at the forefront of the Solana ecosystem’s growth. We’re excited to open this door to our community members and partner ecosystems, allowing them to participate in the future of gaming and blockchain technology, and the beginning of a multi-SVM ecosystem on Solana – at an unprecedented entry point.”
HyperFuse sale schedule
The HyperFuse raffle sale took place on September 16, offering the lowest-priced nodes through Delysium’s Nodpad platform.
A whitelist sale for Sonic community members will follow on September 19, accessible through Sonic’s official site.
The public sale will begin on September 19, offering the remaining nodes to a wider audience via Sonic’s platform.
