Blockcast has introduced a new content delivery model through a community-driven network built on Solana. The company raised $2.85 million in a funding round led by Lattice Fund, with participation from Protocol Labs, Finality Capital Partners, AllianceDAO, Zee Prime Capital, RW3 Ventures, and angel investors like Anatoly Yakovenko, the founder of Solana.
Blockcast’s scalable content delivery networks are designed to handle the growing demand for high-bitrate live streams, software updates, and games. “The current internet infrastructure is struggling to meet the insatiable demand for high-fidelity content,” said Mike Zajko, partner at Lattice Fund.
Zajko added that Blockcast’s innovative use of community-operated nodes provides an exciting and practical solution, and the firm is expected to play a critical role in transforming how data is distributed and consumed. Blockcast will leverage Solana’s ecosystem of DePIN (decentralized physical infrastructure network) projects to redefine the future of community-driven networks, benefiting from Solana’s low transaction cost, high-throughput speed, and scalability.
Combining traditional broadcasting with internet streaming, Blockcast aims to deliver high-bandwidth content to large audiences with reduced data consumption, rebuffering, and latency. This approach not only improves user experience but also reduces congestion for internet service providers and lowers content delivery costs for content owners. By deploying scalable traffic servers, Blockcast enhances the efficiency and sustainability of the internet ecosystem.
Twitter: Excited to see how Blockcast is redefining content delivery with Solana’s innovative network #Blockchain #Streaming #Solana @BlockcastNetwork