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BlockcastNet has successfully raised $2.85 million to enhance internet scalability, backed by Lattice Fund, which is leading the investment round. The initiative aims to develop a community-powered content delivery network (CDN) that addresses longstanding challenges in the industry. Experts in the Web2 space are leveraging decentralized physical infrastructure networks (DePIN) to tackle inefficiencies in video streaming through advanced multicast technology and hyper-localized nodes. This investment reflects a growing trend in the CDN sector focused on improving internet infrastructure.
We are excited to announce our lead investment into @BlockcastNet. Lattice has a massive goal to scale the internet and we are proud to be a part of the mission. https://t.co/7AK4uutZrF https://t.co/x5Lzncs0ri
Thrilled to announce that @lattice_fund is leading an investment round into @BlockcastNet. A next-gen content delivery network (CDN) with an ambitious vision to scale underlying internet infrastructure. 1/ What does that mean? https://t.co/sXkjFFqMPa
Join me and @blockcastNet on an exciting mission to build a community-powered content delivery network, scale the internet, and earn some internet money along the way! ๐ป๐ https://t.co/lSic3Pj3j7