Fantom Foundation Allocates 200 Million FTM to Power Sonic Network Launch

The Fantom Foundation is allocating up to 200 million FTM tokens to support Sonic, its latest network iteration. This initiative is intended to accelerate the adoption of decentralized applications (dApps) on the Sonic network. Sonic aims to be a high-throughput layer-1 chain with an integrated layer-2 chain connected to Ethereum (ETH). The Fantom Foundation has