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

Decentralized broadband network protocol DAWN 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 advance its international deployment. Built on Solana, DAWN 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 the highly centralized infrastructure ownership structure of the traditional broadband industry, distributing network resources to the end-user side, belonging to the decentralized entity infrastructure (DePIN) application direction. Currently, DAWN's network covers more than 4 million households in the United States and has launched an international pilot 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 combines router and decentralized infrastructure node functions, supports multiple blockchain ecosystems, and enables home users to directly participate in broadband services and earn rewards. (CoinDesk)