ChainCatcher news, according to official news, the smart weather data network operator SkyX announced the completion of a $1 million Pre-Seed round of financing, led by EV3, EOT Ventures, and Waterdrip Capital, with participation from Daedalus, J17 Capital, and Opulence.
According to RootData, SkyX is a blockchain-driven weather network that employs an incentive system and web3 protocols. Its goal is to establish an innovative weather ecosystem by combining advanced weather station IoT devices with blockchain-based decentralized service protocols, utilizing SKY as a utility token to achieve economic benefits, thereby addressing the traditional challenges of the weather industry. SkyX originated as a smart device and data service company selling weather stations, operating a network of 16,000 weather stations.