TechFlow reported on December 16 that, according to Blockworks, the DePIN project DAWN has raised $2.5 million in funding, with participation from VanEck Ventures and VanEck's Digital Assets Alpha Fund. Neil Chatterjee, CEO of Andrena, stated that with the rollout of 5G and Starlink, society is transitioning from wired internet access to fully wireless connectivity, and DAWN is designed to leverage "the shift in how we live."
Previous report: Andrena, a Solana-based decentralized physical infrastructure network (DePIN) project, raised $18 million to develop the Decentralized Autonomous Wireless Network (DAWN).
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