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BTC $43259.54 (1.87%)
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BCH $513.58 (0.57%)
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Meson Network Raises $3.5M in Fundraising Round

Meson Network Raises $3.5M in Fundraising Round
  • Meson Network has raised $3.5 million in a fundraising event.
  • The fundraising event was by Libertus, Mask Network, and Hash Global.
  • Meson Network aims to connect its customers to its bandwidth via its marketplace.

Blockchain project Meson Network has raised a whopping $3.5 million in a fundraising round. In particular, the fundraising event was led by several different firms including Libertus, Mask Network, and Hash Global.

Not only these companies alone. Many other fintech companies will also help push Meson network’s project to the mainstream with growing market influence and adoption.

To mention a few, these companies include Digital Currency Group, Youbi Capital, Hashkey, Zonff, SevenX, Permanent Ventures, CMT Digital, and many others.

Even more, Josh Hannah, Sam Williams, Thomas Bailey, Jack Herrick, Cecilia Li, and Meltem Demirors also contributed massively to the funding round. To reach a large audience, the Meson Network is working to connect enthusiasts to bandwidth via its marketplace.

Meson Network CEO Sherlock Shi said,

Uniswap has demonstrated the power of enabling long-tail assets. We are also in the market of serving long-tail assets and their markets. We aim to become the world’s biggest marketplace in bandwidth.

Moreover, if this happens, the Meson Network bandwidth marketplace will primarily serve as a computing power source. It will then execute a storage protocol for storing layer projects like  IPFS and Arweave. Furthermore, the team behind Meson Network also aim to render intuitive support for its users to monetize their saved bandwidth via its marketplace.

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Collins Adane is a writer who follows the crypto industry closely. He loves fish stew and Real Madrid. He believes in cryptocurrency’s potential to transform the money landscape in his native country Ghana.