PANews reported on November 11 that according to the official blog of Akave, the decentralized data storage project Akave successfully completed a financing of US$3.45 million, with Protocol Labs, Blockchange VC, Lightshift and Blockchain Builders Fund participating in this round of financing. This round of financing will be used to accelerate the development of Akave in on-chain data management.
Akave has launched the Yucca testnet, which is open to early testers to explore on-chain data storage and programmability. As Filecoin's hot storage Layer 2 solution, Akave provides tools for enterprises, AI companies, and DePIN developers to help them go beyond traditional cloud storage, build on-chain data lakes, and promote the development of data ownership and new data monetization models.
In addition, Filecoin L2 project Storacha also announced the launch of its Alpha version network of the Filecoin ecosystem, focusing on high-performance hot storage, mainly for high-demand application scenarios such as games, AI and DePIN. Storacha was founded by core developers of IPFS and Filecoin and is committed to providing a distributed storage experience comparable to traditional S3.
