đđOdaily Planet Daily Hot News! Parasail Protocol, which focuses on improving the security of DePIN hardware services, recently announced the completion of a $4 million seed round of financing, with a valuation of $50 million, led by Protocol Labs and participated by several well-known investment institutions. đ°đ°
The Parasail team said that the financing funds will be used to accelerate the implementation of various product functions in the Parasail Master Plan, that is, to pool assets and hardware on DePIN, provide service level guarantees for users, and dynamically coordinate hardware resources according to demand. đđ
It is worth noting that Parasail TVL exceeds $50 million. Parasail not only provides security for hardware services through asset delegation, but is also building a universal adapter for hardware service provision and verification to enable the flexible use and circulation of universal hardware resources (such as graphics cards, storage, sensors, etc.) in different DePIN ecosystems. đ§đ§
With the help of the Parasail protocol, DePIN projects can systematically and efficiently build their networks and mobilize hardware resources. The blockchain industry is once again ushering in a new wave of innovation, let us wait and see! đđ
