Multicoin Led $10M Raise for Crypto-Incentivized Internet Infrastructure Network Pipe

The
startup
building
Pipe
Network,
Permissionless
Labs,
is
focusing
on
one
of
the
unseen
but
ubiquitous
pieces
of
the
modern
internet.
Many
websites
cannot
afford
to
let
their
content
lag
as
it
zips
long
distances
from
hosting
server
to
end-user.
So
they
rely
on
networks
of
relay
servers
that
can
be
called
upon
by
the
end-users
to
which
they’re
geographically
close.