Singapore, March 18, 2024 – OKX Ventures, the investment branch of the globally recognized Web3 and cryptocurrency exchange powerhouse OKX, has shared exciting news for March 18, 2024.
OKX Ventures is thrilled to announce its latest investment in Meson Network, a pioneer in AI and Web3 bandwidth infrastructure. Meson Network stands out as a decentralized physical infrastructure network powered by its community, fostering digital innovation at every turn.
The Meson Network is making significant strides in the realm of decentralized bandwidth and big data solutions. It focuses on scalability, efficiency, and the integration of cutting-edge technology. With the support of its vibrant community, Meson Network has successfully established a decentralized network with over 250,000 active nodes spread across 153 countries. This network achieves a bandwidth capacity of roughly 26 Tb/s, showcasing a stable foundation for future growth and development.
For more details, please visit the node explorer.
Dora Yue, the founder of OKX Ventures, expressed her enthusiasm for Meson Network’s contributions to the Web3 ecosystem. “As AI reshapes our world, the demand for data feeds to train AI models grows. Meson Network plays a crucial role in data transmission for decentralized storage and computation. It ensures swift access to DApps, smart contracts, and the Internet of Things (IoT), enhancing the Web3 user experience. Meson Network is vital for supporting infrastructures like Arweave and Filecoin. It empowers developers and rewards users, paving the way for a new era of data and intelligence use cases. We’re excited about the transformative potential of Meson’s bandwidth marketplace.”
For further inquiries, please contact: [email protected]
About OKX Ventures:
OKX Ventures is the investment arm of OKX, the world’s second-largest crypto exchange by trading volume and a leader in Web3 technology. With an initial investment commitment of USD 100 million, OKX Ventures aims to discover and support the best blockchain projects worldwide. It is dedicated to fostering innovation in blockchain technology, promoting the global blockchain industry’s healthy development, and investing in long-term structural value.
OKX Ventures is committed to aiding entrepreneurs who contribute to the blockchain industry’s growth. It provides innovative companies with global resources and extensive experience, supporting the development of blockchain projects.
Discover more about OKX Ventures here.
Disclaimer
SOURCE OKX Ventures