Decentralized broadband protocol DAWN completes $13 million Series B funding round, led by Polychain Capital.

Odaily Planet Daily reports that decentralized broadband network protocol DAWN has announced the completion of a $13 million Series B funding round, led by Polychain Capital. The new funds will be used to expand the protocol's network coverage in the United States and to advance its international deployment.

DAWN, built on Solana, allows individuals and organizations to become network hosts by deploying wireless nodes, providing multi-gigabit broadband services to users and earning rewards based on coverage quality and actual demand. This model aims to break down the highly centralized infrastructure ownership structure of the traditional broadband industry, distributing network resources to the end-user side, and falls under the category of decentralized entity infrastructure (DePIN) applications.

Currently, DAWN's network covers over 4 million households in the United States and has launched an international pilot program in Accra, Ghana, focusing on areas where fiber optic deployment is costly and slow. The project has also launched a hardware device called Black Box, which functions as both a router and a decentralized infrastructure node, supporting multiple blockchain ecosystems and enabling home users to directly participate in broadband services and earn rewards. (CoinDesk)