web3mine is announcing its $6M seed round.
The funding round was led by 1kx and also included Protocol Labs and a community of angel investors.
web3mine's vision is to empower the world to collectively coordinate capital and hardware to build an open, performant and resilient internet for everyone.
"By providing common infrastructure for storage, compute, and liquidity providers, we’re driving the next iteration of the cloud" says Vukašin Vukoje, Founder of web3mine.
Over the past year, web3mine has made substantial progress in building out two key offerings.
1) Hardware monetization: Hardware owners can easily and efficiently deploy and monetize their assets and the utility that they provide (e.g., hard drives for storage, circuits for computational workloads and networking equipment to move data).
2) Liquid staking: Cryptocurrency holders can deploy their tokens to aid the growth of the decentralized networks and in return participate in the value they create by collecting staking rewards.
Learn more at web3mine.io