Multicoin Leads $10M Raise for Crypto-Incentivized Internet Infrastructure Network Pipe
Monday, 16 September 2024, 07:30
Overview of Pipe's Innovative Model
Pipe aims to revolutionize internet infrastructure by employing a crypto-incentivized model where users participate and get rewarded with tokens for hosting.
Significance of Multicoin's Investment
- Multicoin's backing strengthens trust in Pipe's potential.
- Investors are looking at how this could reshape the CDN landscape.
Implications for the Cryptocurrency Industry
This funding round signifies a positive shift towards more decentralized internet solutions and the adoption of blockchain technologies in everyday infrastructure.
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