Datagram has secured a $4 million pre-seed round led by Blizzard the Avalanche Fund to become DePIN Baselayer, launching its sovereign Layer 1 blockchain on Avalanche.
Applications in gaming, AI, and communications are powered by Datagram's network, utilizing underused worldwide infrastructure capacity.
The fundraising will help expedite Datagram Network's node network rollout, onboard strategic partners, and enhance its decentralized infrastructure backbone.
Datagram's architecture aims to improve decentralized infrastructure for real-time Web3 applications, with support from investors like Blizzard the Avalanche Fund and Animoca Brands.