Datagram Secures $4 Million in Pre-Seed Funding to Develop Sovereign Blockchain

According to PANews, AI-driven superstructure network Datagram has successfully raised $4 million in a pre-seed funding round. The investment was led by Blizzard the Avalanche Fund, with participation from Animoca Brands, Cointelegraph, Amber Group, Aquanow, Arche Fund, DePIN X Capital, ISKRA, JDI Ventures, and Yellow Capital. The funds will be utilized to build a sovereign Layer 1 blockchain on Avalanche and expedite the deployment of its node network. Datagram's network aims to create decentralized infrastructure by integrating idle computing resources. Currently, it serves 200 enterprises and one million users globally. The company's CEO expressed optimism that this technology could become the foundational layer for a decentralized internet.