TLDR
- DAWN closes a Series B round led by Polychain Capital to scale its wireless infrastructure.
- The network utilizes the Solana blockchain to offer high-speed connections managed by users.
- The project plans to expand internationally, with pilot projects scheduled for Accra, Ghana.
Recently, the DAWN decentralized broadband protocol announced the successful closing of a $13 million Series B funding round. This operation, led by Polychain Capital, marks a significant achievement for the Solana-based platform, which seeks to transform how the world accesses the internet by eliminating dependence on traditional Internet Service Providers (ISPs).
Unlike the conventional centralized model, the DAWN decentralized broadband protocol allows individuals and organizations to operate their own wireless nodes. By sharing their bandwidth, these “hosts” receive rewards based on user demand and coverage quality.
This system not only democratizes network ownership but also significantly reduces operational costs and entry barriers for local communities previously marginalized by high connectivity prices.
Global Expansion and Innovative Hardware for the DePIN Ecosystem
With this new capital injection, DAWN aims to strengthen its presence in the United States and make the leap into the global market. The company has set its sights on regions where infrastructure is costly or non-existent, planning field tests in cities like Accra, Ghana.
This strategy reinforces the thesis that the DAWN decentralized broadband protocol can be a key tool for closing the digital divide through crypto incentives, allowing the community to build its own network organically.
To make the transition easier, the firm introduced the “Black Box,” a hardware device that functions simultaneously as a broadband router and a decentralized network node. Being compatible with multiple blockchain ecosystems, this equipment allows home users to participate actively in building the network from their own houses, making it easy for anyone to share their connection and support the infrastructure.
In summary, Polychain Capital’s bet on the DAWN decentralized broadband protocol highlights the potential of Web3 technologies to solve real-world infrastructure problems. By leveraging Solana’s speed and low costs, DAWN positions itself as a serious competitor in the telecommunications market, offering a fairer, more transparent, and efficient alternative for the future of global internet.
