THELOGICALINDIAN - The allotment annular was coled by Libertus Mask Network and Hash Global
Another crypto activity closes a acknowledged allotment round.
Meson Network Completes Raise
Meson Network, a project focussed on architecture an able bandwidth exchange for Web3, has aloft $3.5 actor in a allotment round.
The annular was co-led by Libertus, Mask Network, and Hash Global, while added participants included Digital Currency Group, Youbi Capital, Hashkey, Zonff, SevenX, Permanent Ventures, CMT Digital, Rarestone Capital, DHVC, and Sanctor Capital. LayerX will additionally advice the activity with growing bazaar access and adoption. Josh Hannah, Sam Williams, Thomas Bailey, Jack Herrick, Cecilia Li, and Meltem Demirors additionally contributed to the round.
Meson Network is aiming to affix users to bandwidth through its marketplace, acting as a antecedent of accretion ability for accumulator band projects like IPFS and Arweave. It’s acquisitive to accord users a way to monetize their additional bandwidth through its accessible marketplace.
Sherlock Shi, CEO of Meson Network, said of the allotment round:
“Uniswap has approved the ability of enabling long-tail assets. We are additionally in the bazaar of confined long-tail assets and their markets. We aim to become the world’s better exchange in bandwidth.”
The crypto amplitude has apparent abundant allotment circuit in contempo months, with projects like Solana raising $314 million in a clandestine badge sale. Although it hasn’t been appear absolutely how the $3.5 actor sum will be used, Meson Network is currently active its Testnet-2.5. The columnist absolution additionally addendum that the funds will be acclimated “to body [a] bandwidth exchange on Web3.”
Disclosure: At the time of writing, the columnist of this affection had acknowledgment to UNI in a cryptocurrency index. Some founders of Sanctor Capital were allotment of the Crypto Briefing aggregation and authority disinterestedness in the company.
