Andrena Raises $18M To Develop Decentralised Broadband Protocol
full version at coinpedia.org
The post Andrena Raises $18M To Develop Decentralised Broadband Protocol appeared first on Coinpedia Fintech News
Wireless internet provider Andrena has raised $18 million in funding to develop a protocol for decentralized broadband. The protocol, known as DAWN, is a decentralized physical infrastructure network (DePIN), designed to provide homes with internet without having to rely on centralized providers. DAWN is currently operating in a testnet environment ahead of launching on Solana. The funding round led by Dragonfly with participation from CMT Digital, Castle Island Ventures, and Wintermute Ventures, is targeted toward the completion of DAWN’s protocol and smart contracts.
