The overwhelming response to the initial raffle underscores strong community support. Sonic SVM acknowledged the milestone on social media, stating, "HyperFuse Node Tier 1 Raffle is heating up! We've hit 645% oversubscription in just 1 hour, reaching $3M!" This demonstrates the growing interest and excitement surrounding innovative fundraising methods in the blockchain gaming space.
Node sales are becoming an increasingly popular fundraising mechanism in the blockchain space, allowing participants to support network operations while potentially earning rewards. This method not only raises capital but also engages the community in a meaningful way.
The project aims to raise $12.8 million through this method, as initially reported by CoinDesk. Sonic SVM's node sale is notable not just for its fundraising success but also for its collaboration with established Solana native projects.
This event marks the first node sale on the Solana network, setting a precedent for future projects seeking to leverage Solana's high-speed and low-cost infrastructure. This could signify a turning point for blockchain gaming and its fundraising possibilities.
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