Multicoin Promotes Innovative Internet Infrastructure with $10M Raise

Monday, 16 September 2024, 14:30

Multicoin has led a $10 million raise for a new internet infrastructure initiative. This investment aims to develop an innovative model for a crypto-incentivized internet, enhancing connectivity and user engagement in the digital space.
Coindesk
Multicoin Promotes Innovative Internet Infrastructure with $10M Raise

Details of the $10 Million Raise

Multicoin's significant investment in Pipe marks a pivotal moment for internet infrastructure evolution. The funds will support the development of a new framework that integrates blockchain technology, promising users enhanced experience and rewards.

Testnet Launch at Breakpoint Conference

Pipe is gearing up to unveil its testnet during the upcoming Breakpoint conference in Singapore. This launch aims to showcase the capabilities of a crypto-incentivized infrastructure, representing a milestone in technological advancement.

  • Investment led by Multicoin
  • Focus on crypto integration
  • Testnet launch planned for conference

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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