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Polychain Capital-led DAWN Series B funding exceeds $13 million
DAWN, a project aiming to decentralize wireless infrastructure, has completed a major funding round. It received $13 million from a group of investors led by Polychain Capital, laying a solid foundation for the project’s next phase.
What the Solana-based Wireless Protocol Aims to Achieve
DAWN is a decentralized wireless network deployed on the Solana blockchain. It enables individuals and businesses to participate in node operation and earn revenue through ownership and management of broadband infrastructure. The system is designed with a reward mechanism that appropriately evaluates participants’ contributions based on coverage quality and demand levels.
Global Expansion and Hardware Strategy
The newly raised funds will be used to expand the network within the United States and accelerate international outreach. Specifically, initial deployment is already underway in Accra, Ghana, marking the first step into Africa.
At the same time, DAWN plans to introduce Black Box terminals compatible with multiple blockchain ecosystems, aiming to build a broader usage environment by enhancing interoperability at the hardware layer.