bitcoin
bitcoin

$94292.210606 USD

0.47%

ethereum
ethereum

$3403.103948 USD

5.49%

tether
tether

$0.998691 USD

-0.03%

xrp
xrp

$2.245368 USD

4.32%

bnb
bnb

$689.351412 USD

7.55%

solana
solana

$189.334806 USD

6.62%

dogecoin
dogecoin

$0.322332 USD

5.76%

usd-coin
usd-coin

$0.999990 USD

0.00%

cardano
cardano

$0.915471 USD

5.24%

tron
tron

$0.252662 USD

4.54%

avalanche
avalanche

$38.597131 USD

7.61%

chainlink
chainlink

$24.073542 USD

11.07%

toncoin
toncoin

$5.598855 USD

5.15%

sui
sui

$4.695360 USD

10.38%

shiba-inu
shiba-inu

$0.000022 USD

5.97%

Cryptocurrency News Articles

SonicX, the First TikTok App Layer Developed by Sonic SVM, Will Airdrop $SONIC Tokens to All Eligible TikTok Users

Dec 23, 2024 at 11:30 pm

Sonic SVM, the team behind SonicX, the TikTok App Layer and the hit tap-to-earn game, has announced that they will airdrop their $SONIC token to all users onboarded through TikTok.

SonicX, the First TikTok App Layer Developed by Sonic SVM, Will Airdrop $SONIC Tokens to All Eligible TikTok Users

Web3 gaming platform Sonic SVM to airdrop $SONIC tokens to TikTok users

New York, NY, December 23rd, 2024, Chainwire

Sonic SVM, the team behind SonicX, the TikTok App Layer and the hit tap-to-earn game, has announced that they will airdrop their $SONIC token to all users onboarded through TikTok. This initiative comes after Sonic has seen success onboarding over 2 million users through the TikTok applayer they have developed, and the latest effort continues the effort to bring 1 billion TikTok users onto Web3.

TikTok onboarding success is attributed to 2 major factors: seamless onboarding and distribution. By utilizing account abstraction, TikTok users are not required to create and connect a web3 wallet – rather, they can log in with their TikTok account, and the wallet is automatically created. Transactions conducted within the app are gasless, allowing users to perform blockchain actions without signing transactions – providing a seamless Web2 app experience.

Combined with account abstraction, the distribution strategy of Sonic has played a major role in the user conversion as well. Multiple members of Sonic, including CEO and co-founder Chris Zhu, have previous experience working at Bytedance – the parent company of TikTok – and utilizing their in-depth knowledge of the social media platform, as well as existing connections with the TikTok team and distribution partners, has allowed them to fully tap into the full distribution potential for SonicX.

SonicX deploys premium TikTok ads and partners with TikTok creators to have the platform’s algorithm recommend the campaign to users in target regions. Users can directly access Sonic X or Sonic’s TikTok via ad and video links. Sonic also utilizes the official Sonic SVM account for branded challenges, live streams and interactive games – building their TikTok corporate account as a central hub for gaming and blockchain education, providing users with simplified guides and tutorials. The airdrop snapshot has not been announced yet, and additional TikTok users are still able to visit official Sonic SVM account to access SonicX, qualifying for the upcoming airdrop.

This initiative is parallel in comparison to the $TON ecosystem initiated by Telegram, a pioneer of the mini-game movement boasting 950 million monthly active users – with its native token $TON reaching a market cap of over $15 billion. In comparison, TikTok, with 1 billion monthly active users and a projected user base of 2.35 billion by 2029, represents a massive, largely untapped market for Web3 gaming, according to Shopify.

Capitalizing on TikTok’s potential, SonicX surpassed 1 million players within a month of its debut, as reported by Decrypt’s GG. Sonic SVM aims to build a TikTok Chain through its App Layer, enabling seamless integration for other projects. Sonic recently announced its first game, Mahjong 123, set to launch on SonicX.app, kicking off the expansion of its TikTok Chain ecosystem. The current campaign is the latest announcement signaling the upcoming Token Generation Event (TGE) where eligible users will receive token rewards through the airdrop.

About Sonic SVM

Sonic is the first Solana Virtual Machine (SVM) chain for games and applications. It’s powered by Sonic HyperGrid, a framework for orchestrating optimistic Solana rollups. Sonic is the home of SonicX, industry’s first Web3 TikTok App Layer – designed to seamlessly onboard the next billion users.

Website | Discord | Blog | Twitter

Contact

Avishay Litani, Sonic SVM

[email protected]

News source:www.chainbits.com

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Dec 24, 2024