The Golden Web3-Data Transfer Protocol attracts $40 million investments – Bits Media

Such companies as Andreessen Horowitz and Opensea Ventures invested in the project of a decentralized data center..

Golden startup, specializing in decentralized data processing, announced the attraction $40 Milln in the framework of the new round of financing. The round was headed Large investment company Andreessen Horowitz (A16Z), as well as Opensea Ventures, Company, associated with Solana, FIGMA, Protocol Labs and others.

The main goal of Golden: Create a decentralized data center using Web3 technologies, To protect customer data. According to the General Director of Juda Gomil (Judas a crowd), Most of the existing models of intellectual data analysis cannot cope with the task. Gomila is confident in the need for a global repository, who would unite users around him and make them participants in the project.

Golden provides a protocol, who rewards customers for checking and sending data and, As the developers say, It has methods for punishing for the introduction of fake data into the system. The protocol also has funds to increase user remuneration, which send the most commonly used and requested data, To stimulate users to enter useful information.

The business model of the protocol is based on the sale of tokens to any third parties, who will want to use proven data in their business. Protocol, As stated in Golden, will allow users to more safely store the right to access data.

Earlier, founder of the cryptocurrency unit A16z Chris Dixon (Chris Dixon) stated, What to companies, engaged in Web3, it is necessary to make more effort, To introduce new technologies and regain the Internet control for people.