Pipe Network (PIPE)
Pipe network is a decentralized content distribution protocol designed to disrupt the monopoly of centralized corporations. It implements a hyper localization method as a way to distribute cache among nodes in a more cost and time-efficient way.
As of now, there is no info on the potential release of the Pipe network token, yet if it is going to be introduced, it is most likely to be used for rewarding node runners, paying fees for the network’s services, and governance.
Since its launch in 2024, the network has raised $10M fromMulticoin Capital, Solana Ventures, and some others.
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