The Fantom Foundation has announced a significant allocation of 200 million FTM, which is equivalent to around $120 million USD, to accelerate the process of partners migrating to its new Sonic network. This allocation encompasses grants for native applications, strategic grants for decentralized applications (dapps), as well as high-quality infrastructure tools and partners for both developers and users. The Foundation is actively engaging with numerous dapps in the industry, as well as top-tier infrastructure providers across various domains. This allocation serves as a testament to its unwavering dedication to constructing a robust platform and community, and it represents just the beginning of the initiatives planned leading up to the launch of Sonic. This innovative network has the capacity to handle an impressive 200 million transactions daily.
