It’s the end of the year, and various projects are going crazy. SonicSVM @SonicSVM has made a strong presence! If you haven’t paid attention to this popular Web3 project on TikTok, you really need to spend more time to check your news feed. SonicSVM is also conducting an airdrop event, and I’ve included the steps to participate in the event in the article.
SonicSVM: A strong competitor to TON, a new force positioned as TikTok App Layer. Do you still remember TON? The first chain backed by Telegram has now become a hot commodity in the eyes of many Web3 projects. SonicSVM @SonicSVM is positioned as TON on TikTok. It is worth mentioning that Sonic SVM will soon be listed on Bybit. Benchmarking TON, but stronger? The TON chain has become a representative of social chains because of Telegram's support, but SonicSVM relies on TikTok, and the gameplay is obviously cooler. The core logic of the two is very similar:
Both are backed by social platforms with huge traffic (TikTok has 1.58 billion monthly active users, and Telegram has 950 million monthly active users).
Both use mini-games to attract traffic, and both support one-click wallet generation.
But the user portraits of TikTok and Telegram are very different:
Users have higher commercial value: TikTok's revenue per user (ARPU) is $11.7, while Telegram's is only $1.05.
Stronger virality: The transmission efficiency of short videos is 2.2 times that of text content.
There are many users of Generation Z: 36% of TikTok users are of Generation Z, while only 19% of Telegram users are of Generation Z. Young users have a higher advertising conversion rate! TikTok's ARPU (average revenue per user) is $11.7, while Telegram's is only $1.05, which directly widens the gap in commercial value.
In addition, TikTok's traffic base and user KYC features make it more suitable for large-scale traffic diversion and conversion. In other words, SonicSVM's conversion link on TikTok is easier to run than the TON chain, and there is more room for imagination! Moreover, the traffic of short videos is 2.2 times that of text content. This viral transmission ability is simply invincible in the Web3 field.
When it comes to user authenticity, TikTok users are KYC-ed. Compared with Telegram’s non-KYC, the conversion link and accuracy are completely on a different level.
Very strong core data:
As of December 2024:
The number of test network address activations exceeded 8.7 million, of which North America accounted for 94%.
More than 2 million addresses have been activated through TikTok.
The number of monthly active users reached 2.1 million, and the total number of transactions exceeded 3 billion tx.
Over $80M USD worth of $SOL provides secure consensus for the Sonic Chain.
Behind these data is the deep binding of SonicSVM to TikTok traffic and the embodiment of user stickiness. In other words, SonicSVM is the first project to introduce Web3 from TikTok, and it is also the first expansion plan for Solana/SVM.
Airdrop mission, those with TIKTOK accounts are recommended to participate:
Currently, SonicSVM has begun airdropping $SONIC to eligible TikTok users. Imagine this conversion link, the viral spread of TikTok short videos + the extremely high activity of Generation Z, airdropping $SONIC is simply within reach.
How to participate in the airdrop event?
Follow @sonicsvm on TikTok or @sonicsvm.us
Log in with your TikTok account on the Sonicx app.
Complete the tasks on the Earn page and wait for the big airdrop!
Valuation, far exceeding 500M starting point SonicSVM's valuation logic is very clear:
The 15 most popular crypto-related hashtags on TikTok have a combined 115 billion views.
The average conversion rate from TikTok users clicking to registering a wallet is 20%-30%.
A simple calculation shows that with this kind of traffic and conversion capacity, SonicSVM's market value can at least stand at 500M+, and this is just the beginning. TON's highest market value has exceeded 1B, and SonicSVM's ecological projects + traffic foundation are fully capable of going further.
Why is SonicSVM so effective?
TikTok’s traffic consensus: With 1.58 billion monthly active users, it is the best platform for traffic and conversion.
Solana/SVM expansion plan: lower the development threshold and allow more teams to generate application chains with one click, similar to Ethereum's OP Stack.
Backed by top investors: Galaxy Digital, Bitkraft, Republic Crypto and other big names are in charge, with no shortage of funds and resources.
Finally, why am I bullish on SonicSVM?
In my opinion, the story of TikTok+Web3 has just begun. TikTok is not only a huge traffic pool, but also a gold mine to be mined. As the first project to try it out, SonicSVM has every chance to become a representative work in this field.