Startup Dfinity has Attracted $102 Million to Develop a Decentralized Platform for Cloud Computing

The cryptocurrency division of Andreessen Horowitz (a16z) and Polychain Capital, which is engaged in venture capital investments, led the round of the financing of the Swiss project. In addition, Multicoin Capital, Scalar Capital, SV Angel, Aspect Ventures, Village Global, Amino Capital, KR1, as well as individual representatives of Dfinity took part.

Dfinity states that to date, about $200 million were raised, including $61 million that were collected in February. Then, the collection was also attended by Andreessen Horowitz and Polychain Capital.

It is planned that the public launch of the platform developed by Dfinity should take place at the end of this year. The company has already launched a test network, which allowed to demonstrate the entire workflow.

Earlier, representatives of the company also reported that they would distribute their own DFN cryptocurrency tokens worth $35 million. Get them will be available to all community members. The distribution will be carried out after the launch of the main project network.

Dfinity plans to launch a global computer, which will be referred to as "cloud 3.0". This project will be implemented on the basis of a scalable network that is more efficient than blockchain based on the Proof-of-Work consensus mechanism. At the same time, the network will be more decentralized, compared to the system based on the supernode.

It should be noted that the Dfinity network will be used to launch the next generation of software and services. This information was provided by the founder and chief researcher of the project, Dominik Williams. The platform should be based on open source. This will make the system more secure and with low transaction costs.

#Dfinity, #Andreessen Horowitz, #Polychain Capital