Somnia Launches Its Devnet Blockchain Program Offering Developers $10 Million In Grants

Layer 1 blockchain Somnia announces the launch of its unique Devnet blockchain to the public. The blockchain will be available at selected times of the day, allowing public users to enjoy speeds of up to 400,000 transactions per second and private access to developers. 

Layer 1 EVM blockchain Somnia, which promises one of the fastest and most efficient platforms to build decentralized applications, has released its Devnet blockchain. The Devnet blockchain will have open phases for consumers to test and private access for developers, with the platform achieving 400,000 transactions per second. 

The Devnet launch follows the announcement of a $10 million grant program that will help connect promising developers with leading Web3 investors including Mirana Ventures, Spartan Capital, and CMT Digital. The grant aims to grow Somnia’s ecosystem and DApp development, supporting developers in creating large-scale, real-time applications across gaming, social platforms, metaverses, DeFi and more. 

Starting today, developers and the public can start experimenting with Somnia’s Devnet blockchain, testing the 400,000 TPS blockchain, while the developers find bugs and improve the blockchain. Additionally, developers can apply for the $10 million developer grant, finding the funding and support they need to launch groundbreaking on-chain applications. 

Somnia Devnet: A Revolutionary Blockchain For Everyone

According to the press release, early tests on the Somnia blockchain have “demonstrated impressive performance metrics”, from the 400K TPS to lightning-fast read/write commands. The blockchain’s fast TPS is complemented by its sub-second finality, ultra-low transaction costs and high scalability. 

The Devnet, as it is now, offers an innovative platform in execution, database, networking and consensus. Notwithstanding, Somnia’s database enables read/write times of 15-100 nanoseconds, and its networking enables 10-20x more data to be sent between nodes.

With these performance capabilities and full EVM compatibility, Somnia allows developers to build natively using familiar tools, and by enabling instant reactions to on-chain events directly in Solidity, Somnia makes it possible to develop fully decentralized reactive applications, like games that respond to live events.

Somnia Welcomes Infrastructure Partners and Ecosystem Developers

One of the most unique and game-changing aspects of Somnia’s Devnet launch is open-sourcing the platform to the public. Developers who are interested in building on Somnia can apply for whitelisting to become a part of the network’s first developer cohort. Adding to the grants available for developers, Somnia is also providing them with technical guidance, funding, and go-to-market strategies, ensuring developers have everything needed to bring their ideas to life. 

Opening the Devnet to the public is to help Somnia gather as much feedback as possible and to fully test its capabilities in a live environment. Through the Devnet, users will be able to test the first group of dApps, including a DEX, NFTs and games, using Somnia Test Tokens (STT) that can be requested through a faucet.

Somnia also announced the first cohort of infrastructure partners building on the Somnia ecosystem. First, Ankr will be providing RPC services for the Somnia network, while Hamera’s Social Scan will be powering the block explorer. Developers will also have access to EVM dApp tools through ThirdWeb.

The Devnet launch provides a unique opportunity for both developers and users to experience Somnia’s technology and engage with the EVM L1 that is promising to bring the world’s data on-chain. Developers interested in joining the ecosystem can find more information on Devnet access, the $10 million grant program, and whitelisting by visiting the new developer cohort page on Somnia’s website.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice