September 28, 2024
Nodepay, a decentralized network that allows users to monetize their unused internet bandwidth, has received an investment from Elevate Ventures. This funding will help Nodepay enhance its platform, which connects users with AI companies and other sectors needing extensive data transfer capabilities. By selling surplus bandwidth, users contribute to AI advancements through efficient data handling.
Project | Latest Raise Date | Lead Investor | Category |
|---|---|---|---|
Nodepay | September 28, 2024 | Elevate Ventures | AI |
About Nodepay
Nodepay is a platform that lets you earn money by sharing your unused internet bandwidth. By connecting to the Nodepay network, your extra bandwidth is sold to AI companies that need it for tasks like data transfer and AI training. This means you can make money just by keeping your device online. Nodepay ensures your data is secure and gives you control over how much bandwidth you share. It’s a simple way to turn your idle internet into a valuable resource while supporting the growth of AI technology.
Website: https://nodepay.ai/
About Investor
Investor: Elevate Ventures
Elevate Ventures is a venture capital firm that invests in early-stage Web3 startups. They focus on supporting companies that are developing decentralized technologies and digital assets. By providing funding and expertise, Elevate Ventures helps these startups grow and succeed in the evolving blockchain and cryptocurrency space.
Location: Hong Kong
Website: https://www.el8v.io/
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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