The anonymous team behind the decentralized Internet platform tomiNET completed a $40 million financing led by DWF Labs, Ticker Capital, Piha Equities, Japanese crypto whale Hirokado Kohji and other private investors participated in the investment. The funds will be used to attract high-quality content for the network creator. tomiNET, a DAO-managed, surveillance-free alternative to the internet, and the team are working on a fairer monetization plan that will help creators focus on the content itself while avoiding distracting sponsored mentions and ad breaks. The community-led tomiDAO governs the network and votes on all content proposals, ranging from code changes to censoring content that does not comply with the network's community guidelines.