
Solix Raises $29.5M to Revolutionize Decentralized Internet Infrastructure
In a significant development, Solix DePIN, a pioneer in decentralized physical infrastructure networks, has secured a whopping $29.5 million in funding from Eclip Foundation. This monumental investment will accelerate the growth and development of Solix’s groundbreaking MODEL CONTEXT PROTOCOL (MCP) technology, which enables intelligent bandwidth sharing without compromising users’ internet experience.
Solix’s mission is to transform how internet bandwidth is shared and monetized. The company has successfully created a platform where users can contribute their unused bandwidth and earn rewards through a simple browser extension. This innovative approach tackles the critical issues of bandwidth inequality and inefficient resource allocation plaguing the current internet landscape.
“We have designed Solix with simplicity and accessibility as core principles,” emphasized David Rodriguez, CEO of Solix DePIN. “By removing technical barriers to entry, we’re enabling anyone with an internet connection to participate in the decentralized economy and earn rewards for their contribution.”
The funding will be used to enhance the core technology, expand global reach, and introduce advanced features such as smart bandwidth allocation and AI-powered network optimization. Additionally, Solix plans to establish strategic partnerships with cloud service providers and content delivery networks to create broader use cases for its decentralized bandwidth marketplace.
Solix’s decentralized approach offers a scalable and sustainable alternative to traditional bandwidth provisioning. This technology is poised to revolutionize the way internet bandwidth is managed, ensuring optimal performance while maximizing rewards for contributors.
Participating in Solix’s network is straightforward – users simply need to download and activate the Solix browser extension. The extension intelligently allocates a portion of the user’s unused bandwidth to the network, automatically earning them SLIX Points for their contribution.
With this substantial funding round, Solix is well-positioned to lead the next wave of innovation in decentralized infrastructure, creating a more accessible, efficient, and equitable internet experience worldwide.
Solix DePIN is committed to building a user-centric sharing economy for digital resources. The company’s vision aligns with its mission of democratizing access to valuable bandwidth assets.
Source: https://coinpedia.org/press-release/solix-raises-29-5m-to-revolutionize-decentralized-internet-infrastructure/