Hello traders, I hope you have been doing pretty well. Today we will talk about a newly launched coin that has been creating a lot of hype recently. DoubleZero ($2Z) is offering something unique — its next-gen “network layer and connectivity infrastructure” for blockchains and distributed systems. Even the official page of Solana reposted a thread originally posted by the DoubleZero X handle. Here is the link : https://x.com/doublezero/status/1973735536625139849
Now let’s talk about the project in detail.
DoubleZero is a DePIN (Decentralized Physical Infrastructure) project. I was looking for some new DePIN projects because the old ones were not getting much activity. It is building a global, high-performance networking layer for blockchains. Instead of relying on the congested public internet, DoubleZero aggregates independently contributed fiber links and hardware nodes into a token-incentivized mesh. The aim is to provide validators and protocols with faster, more reliable communication, which is a real bottleneck in scaling blockchain ecosystems today.
The project has strong backing. It raised $28M in private rounds with participation from Dragonfly, Multicoin, and other major funds. Let me tell you one more unique thing about it — it secured a no-action letter from the SEC, meaning
[...]
Creating freedom through Crypto as a Community