Wynd Network, a decentralized Internet bandwidth monetization startup, announced the completion of a US$3.5 million seed round of financing, led by Polychain Capital and Tribe Capital, with participation from Bitscale, Big Brain, Advisors Anonymous, Typhon V and Mozaik.
It is reported that Wynd Network’s first product is Grass, a decentralized web crawling network designed to help companies and non-profit organizations train artificial intelligence. The new financing will be used to enhance Grass’s technical infrastructure, expand its node network and improve its data verification process. Currently, Grass allows users to earn points by providing unused internet bandwidth through a web browser extension. (DL News)