Metaplex Announces Deployment of Its Product Suite to Sonic SVM

New York, Ny, July 31st, 2024, Chainwire

The Metaplex Foundation has announced that it is deploying its product suite on Sonic SVM, the first gaming L2 on Solana. Game developers will now benefit from the latest innovations that have made Metaplex the leading digital asset protocol on Solana.

In collaboration with Sonic SVM, Metaplex will deploy on-chain programs and developer tools to build great gaming experiences on the SVM chain. The joint initiative marks the first time Metaplex has deployed its products outside of Solana mainnet.

Popular Metaplex programs such as Token Metadata, Candy Machine, Bubblegum, as well as new innovative standards such as Core and MPL-404, will be available on the Sonic SVM devnet, testnet, and mainnet. 

Metaplex Foundation Director Stephen Hess said: “Together with Sonic, we’re taking a significant step forward in delivering more performant and secure infrastructure for digital asset creators and developers. Metaplex developers can now build powerful applications that are fully compatible with Solana while benefiting from the advantages of the dedicated Sonic SVM L2.”

Chris Zhu, CEO of Sonic SVM, said: “We have developed the HyperGrid Framework with a multi-SVM ecosystem in mind that runs on top of Solana. We’re very excited to work with Metaplex on developing new and innovative technologies that will be used not only within our ecosystem, but across all other SVMs.

“The Metaplex team has proven its capability with its previous work developing the infrastructure that underpins digital assets on Solana and we are looking forward to powering the next generation of web3 games together, starting with Sonic.”

The participation of Metaplex in the Sonic SVM testnet will help to expand Sonic’s ecosystem and improve the developer experience for builders looking to launch dapps on new SVMs. This will provide a strong foundation for the launch of the Sonic SVM mainnet, marking a new era for scalable web3 gaming. 

About Metaplex

Metaplex is at the forefront of blockchain technology and provides the leading platform for creators, developers, and businesses to build decentralized applications on Solana and the SVM. Known for powering digital assets including NFTs, fungible tokens, RWAs, gaming assets and more, Metaplex is one of the most widely used blockchain protocols and developer platforms, with over 550 million assets minted across 55 million unique wallets.

Learn more: https://www.metaplex.com/

About Sonic

Sonic is a gaming L2 built on HyperGrid, a parallel processing framework designed to introduce customizability and scale while being natively composable to Solana. Sonic is the first atomic SVM chain built to enable sovereign game economies on Solana. Sonic enables sovereign game economies that roll-up and settle on Solana.

Learn more: https://www.sonic.game/

Contact

Avishay Litani
[email protected]