Fantom Developers Introduce Foundation for Sonic, Close $10 Million Strategic Round

The Fantom Foundation announced its plans to establish the Sonic Foundation and Sonic Labs ahead of the rollout of its Sonic blockchain. Associated with this new chain, the Sonic Foundation will manage governance and treasury, while Sonic Labs will focus on the development of decentralized applications across the network. source: https://www.benzinga.com/markets/cryptocurrency/24/05/38990025/fantom-developers-introduce-foundation-for-sonic-close-10-million-strategic-round?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site