Cytonic Network.
Cytonic network is an initiative project in the blockchain space that targets challenges around blockchain interoperability and compatibility. Its developers refer to it as the world’s first multi-virtual-machine (multi-VM) layer 1 blockchain. Cytonic aims to unify networks like Bitcoin, Ethereum, and Solana into a seamless decentralized execution layer.
As fragmentation grows across multiple chains, developers and users face barriers that limit liquidity and scalability. Cytonic introduces a groundbreaking multi-VM blockchain capable of running Ethereum Virtual Machine (EVM) and Solana Virtual Machine (SVM) environments within a single network layer using shared storage. This allows seamless migration of projects from EVM or SVM chains without code rewrites, reducing transaction fees, enhancing capital efficiency, and making decentralized applications more user-friendly—a critical step toward mainstream blockchain adoption.
Team and Funding
The project was founded by Ivan Miskovic, a former executive at Spin Labs, who identified compatibility as a critical barrier to blockchain scalability. Miskovic is joined by Chelsea Jiang, previously a partner at Foresight Ventures, and Badconfig; a former senior engineer at Faraway. This trio brings a wealth of expertise from working on prominent blockchain ecosystems, including Bitcoin, Ethereum, Solana, and Near.
On November 7th, 2024, Cytonic secured $8.3 million in a seed funding round co-led by Lattice and Lemniscap, with participation from notable investors such as IOBC, Nomura, Lyrik, Public Works, and Arthur Hayes. This capital is earmarked for expanding operations and advancing development efforts. Unlike traditional biotech or venture-backed tech startups, Cytonic’s funding reflects strong confidence from the Web3 investment community in its mission to bridge blockchain silos and unlock new opportunities.
As at the time of this writeup, the project is in its testnet phase, which was announced on it’s X handle on the 26th of February 2025.
Participation is done by joining the campaign with an EVM/SVM wallet and completing various tasks to earn energy.
Energy is the primary currency used during the airdrop campaign. It is earned based on the deposited value on any supported chain and accumulates continuously, with updates occurring approximately every hour. Energy can also be earned by completing achievements and claiming associated rewards.
Flames is the currency that will be used later for token distribution. It is typically earned by opening chests or receiving lottery rewards.
Accrued energy can be used to pay for chests, which are in turn used to generate flames. Energy can also be accrued hourly. Each chest requires specific charged-up energy, which is directly correlated to the amount of energy deposited. Users get a 0.05 Energy per vested dollar per week, which can be withdrawn after 5 days of deposit.
At the moment token generation event (TGE) is yet to be announced however, there would be no vesting of airdropped tokens at TGE. 25% of the total token supply goes to contributors and will be distributed in multiple stages.
Join the testnet here.