Titan Network, a digital resource network that matches idle community resources with global demand, has completed its seed round fundraising. Arrington Capital led the round, which was joined by DePINX and other prominent investors.

Building a One-Stop Shop DePIN Cloud Service Platform

Titan Network aims to create a digital resource network with comprehensive aggregation and scheduling capabilities for the DePIN (Decentralized Physical Infrastructure Networks) market.

By developing a universal DePIN cloud service platform, Titan enables the community to contribute their idle hardware resources such as computing, storage, and bandwidth.

Its built-in economic incentive mechanisms and carefully designed network structure ensure that community members are rewarded for their contributions while providing advanced, reliable, and high-quality cloud solutions for end users.

Titan Network builds a "decentralized AWS" powered by people. Its current core products and services include:

• CDN resource leasing (for reliable content and service availability in 130+ countries)
• IP leasing (tap into our expansive network of 100,000+ unique residential IP addresses）
• DePIN infrastructure as a service (bootstrap and secure your project infrastructure with Titan Network)
• Cloud container resource rental (S3-compatible storage and compute architecture at 40% of traditional cloud cost)

Seed Round Fundraising

The lead investor, Arrington Capital, is a US-based venture capital firm. Since its founding in 2017, it has invested in over 200 startups in the crypto ecosystem, including ether.fi, Sui, and zkLink, with over billion in assets under management.

One of the participating investors, DePIN X, is headquartered in Singapore and manages 00 million in assets. The core team at DePIN X has worked at top-tier firms such as Hashkey, OKX, Fenbushi, and IOSG.

The seed round funds will accelerate preparations for Titan Network's mainnet launch, including mainnet development, code auditing, community building, and marketing initiatives.

What's Next

Since March 2024, Titan Network has successfully launched three rounds of testnets, deploying over 1 million nodes in more than 100 countries and regions worldwide. This validates Titan's technical capabilities and demonstrates its ability to scale globally rapidly.

In the coming months, Titan will further enhance the security of its multi-level containers, ensuring that users with idle resources can safely and efficiently contribute. Additionally, Titan continues to develop and optimize several products, including Titan Storage and Titan Container, improving ease of use and user-friendliness.

To increase transparency across the network, Titan Network will release multiple smart contracts, boosting resource interactions. From resource contributions to adoption, the entire process will be publicly visible on the blockchain, breaking away from traditional "black-box" models and ensuring fairness and transparency in resource utilization.

Titan Network is assembling a global remote team with current engineering, community management, and business development openings. Interested candidates are encouraged to apply at hr@titannet.io and join us in advancing the future of decentralized networks.

For resource, project, or investment partnerships, please contact us at titan@titannet.io.

Visit https://linktr.ee/titannet.io for more information.