On December 2, the development team behind the Layer-1 blockchain Sonic Labs announced the launch of its mainnet and the successful processing of the first transaction block.
According to the team, the system is currently being deployed and will be available to users “soon.”
The new network will feature technologies such as simultaneous block processing across multiple rollups and a cross-chain bridge with Ethereum called Sonic Gateway.
Sonic Labs co-founder Andre Cronje stated that the infrastructure will be fully operational in the coming days, followed by the rollout of decentralized applications.
To celebrate the mainnet launch, the team will conduct an airdrop of the network’s native token, Sonic (ticker: S). A total of 190.5 million S tokens will be distributed, valued at approximately $232 million at a price of $1.2 per token.
The reward amount will depend on the number of points users earned for developing applications for the platform and participating in mini-games.
As part of the rewards system, users also received special NFT tokens called “shards.” Those who managed to collect six shards will be eligible for additional points.
On December 1, Sonic Labs took a snapshot of the network to record the number of points and shards for future reward distribution.
The exact timeline for the airdrop has not yet been announced.
Earlier, on November 30, ahead of the mainnet launch, the team introduced Blaze, a new high-performance testnet for the project.