**Daylight Protocol Secures $9M to Revolutionize Energy Sector**

Daylight Protocol has raised $9 million in a funding round led by a16z Crypto, with Framework Ventures also participating. The funds will support the development of distributed energy devices, aiming to meet the rising global electricity demand.

- **Global Demand Surge**: The International Energy Agency (IEA) predicts a 3.4% increase in electricity demand from 2024 to 2026, driven by electric vehicles, heat pumps, and data centers.

- **Innovative Solutions**: Daylight's distributed energy resources could alleviate grid pressure without massive infrastructure investments.

- **Tech Integration**: Their testnet, live since July 31, allows users to connect devices like smart thermostats and solar inverters to a mobile app for rewards.

- **Market Expansion**: Currently active in New York, New Jersey, and Pennsylvania, with Texas and California next in line.

- **Blockchain Benefits**: The protocol leverages blockchain for new economic systems, offering a marketplace for energy upgrades.

Daylight's initiative aligns with global efforts to use blockchain for decentralized energy management, echoing similar projects in Europe and the adaptable nature of Bitcoin miners in balancing energy grids.