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Home » Mirror World a gaming studio based in Solana secures 12 million in funding
Mirror World a gaming studio based in Solana secures 12 million in funding
Mirror World a gaming studio based in Solana secures 12 million in funding
Blockchain

Mirror World a gaming studio based in Solana secures 12 million in funding

06/18/20242 Mins Read
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Mirror World Labs, the gaming studio behind Solana’s Sonic, has successfully secured $12 million in its first Series A funding round. The funding was led by Bitkraft, Galaxy Interactive, Big Brain Holdings, and other investors who are eager to support the development of Sonic.

Chris Zhu, the CEO and founder of Sonic, expressed his excitement about the progress they have made in the Web3 gaming ecosystem over the past two years. He mentioned that they have worked with numerous games to assist them in monetization and listing. With the new funding, Sonic plans to enhance its protocol by adding features like sandbox environments, customizable gaming primitives, and versatile data types. This will not only attract new developers to the Solana gaming ecosystem but also provide support to existing game producers in utilizing the Sonic SVM and HyperGrid Framework. The HyperGrid Framework is a deployment kit that enables developers to launch new game engines and virtual machines within the Solana environment.

Despite Solana’s success in the memecoin and decentralized application markets, its gaming sector has not experienced the same level of growth. Developers believe that the innovative Sonic protocol could change this by facilitating the deployment of Solana Virtual Machine (SVM) chains for their GameFi projects.

The Sonic protocol was officially launched on March 29 and has already been integrated into 50 gaming clients as initial distribution nodes. Games like Mahjong Meta, Matr1x Fire, and Seraph/ActozSoft have seen significant engagement, with over 200,000 traffic and transaction interactions during their gaming sessions after implementing the Mirror World SDK.

Established in 2022, Mirror World Labs is dedicated to building Solana gaming infrastructure and supporting all aspects of the game lifecycle, from developer onboarding to technical solutions. The company has raised a total of $16 million in venture capital funding.

In conclusion, the funding secured by Mirror World Labs for Sonic’s development shows great promise for the Solana gaming ecosystem. With continued support and innovation, Sonic aims to revolutionize the gaming industry on Solana.

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