Communications infrastructure network SendingNetwork completes $20 million seed round of financing, with participation from Nomad Capital, Galxe and others

Odaily News The decentralized communication infrastructure network SendingNetwork announced the completion of a $20 million seed round of financing, with participation from Nomad Capital, former Coinbase CTO Balaji Srinivasan, Galxe, SWC Global, YGG founder Gabby Dizon, Symbolic Capital and Web3.com Ventures. This round of financing will help SendingNetwork meet the growing demand for decentralized communications to empower users and networks. It is reported that SendingNetwork provides a comprehensive three-layer client-edge-blockchain architecture that solves the vulnerabilities of messaging. It has redesigned a powerful, secure and community-driven communication network that allows the use of a new TCP/IP protocol stack for decentralized communications in Web3.