Blockchain solar company Glow completes $30 million in funding
2024-10-31 20:22:51 Primitive Reading

 blockchain solar company Glow has completed a $30 million financing round, led by Framework and Union Square Ventures. The CEO and co-founder of Glow stated that Vorick plans to use this funding to expand the company from 5 megawatts of power to 600 megawatts in the next 18 months and expand to new countries. Glow operates a DePIN network consisting of solar power plants in the United States and India. To encourage farms on its network to surpass the "dirty" energy grid, the founder designed an overall economy based on subsidy and token incentive models.

Disclaimer: This specification is preliminary and is subject to change at any time without notice. Amazon Finance assumes no responsibility for any errors contained herein.

Recommended reading
CZ appeared on the main stage of Binance Blockchain Week, making his first public appearance since his release

10-22     admin     6131 Reading

CNBC Crypto World: Latest News and Trading Updates from Digital Currency Markets

10-22     admin     19973 Reading

Crypto lobby groups file court brief in support of lawsuit against SEC, seeking clarity on token airdrops

10-22     admin     19476 Reading

ARKB had a net inflow of $59.8 million, while ETHE had a net outflow of $8.4 million

10-22     admin     8751 Reading

Cardano founder: Cardano will transform into Bitcoin L2

10-22     admin     8048 Reading

Sequoia Capital expected to receive more than $100 million from Stripe's acquisition of Bridge

10-22     admin     16890 Reading

Opinion: Deficit spending and falling interest rates drive increased global liquidity, benefiting Bitcoin and related markets

10-22     admin     18104 Reading

A whale withdrew another 570 BTC from Binance 1 hour ago, equivalent to about 39.84 million US dollars

10-22     admin     10289 Reading

Vitalik responded to personal attacks on whether he was "mentally retarded" with a joke

10-22     admin     13801 Reading

MLS and Sweet Partner to Launch NFT Platform MLS QUEST on Sui Network

10-22     admin     15263 Reading

White House: US President Biden will vote early in the election on Monday

10-22     admin     9212 Reading

Vitalik slams Ethereum critics for 'wartime status'

10-22     admin     7450 Reading

Musk X platform posted a message mentioning "Terminus"

10-22     admin     7457 Reading

Cardano founder: Developers plan to run Nintendo emulator on Hydra

10-22     admin     17587 Reading

DeFund will airdrop native tokens D to Celestia stakers

10-22     admin     9119 Reading