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Sonic Labs Joint Venture AC: Plans to launch an exchange within the year, community coins are valuable

According to online reports, Sonic Labs co-founder Andre Cronje forwarded a summary of recent interviews on the X platform, which disclosed that he plans to launch an exchange within the year, aiming to compete with Coinbase and Binance. The exchange will be completely decentralized and provide as much leverage as possible. Andre Cronje also said that Meme is essentially an attention economy, and community coins are valuable to reward communities that have persisted in trouble for years, but Meme coins that may disappear in a few weeks are toxic. In addition, AC revealed that Sonic is about to launch a "fee subsidy" feature and a "smart wallet". The former allows anyone (which should currently be in a white-listed mode) to provide gas to other users, and the latter is a step further on the basis of the "abstract wallet" and supports using any Token as gas and various accounts to log in.

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