Decentralized Mobile Network REALLY Raises $18M Funding for New Telephone Service

02/28/2023 14:37 • Tech Trends • 84 views

It is reported that REALLY, a decentralized mobile network service provider, announced the completion of $18 million seed round financing, led by Polychain, and participated by Mike Maples Jr., the founding partner of Floodgate, and other strategic partners. It is reported that REALLY will launch a new telephone service supported by the decentralized mobile network (DeWi).

REALLY announced the completion of US $18 million seed round financing

Analysis based on this information:

REALLY, a decentralized mobile network service provider, has announced the completion of its $18 million seed round financing. The funding was led by Polychain, a venture capital firm that invests in blockchain and cryptocurrency projects, and participated in by other strategic partners such as Mike Maples Jr., the founding partner of Floodgate.

This new funding will be used to support the launch of a new telephone service supported by the decentralized mobile network (DeWi) of REALLY. DeWi is a blockchain-based technology that enables users to communicate with each other using peer-to-peer networks, without relying on centralized third-party services or telecommunication companies.

Decentralization is the key feature of REALLY’s network. With an emphasis on privacy and security, DeWi allows users to control their own data and transactions, without giving any third party access to their information. In addition, the network is more resilient to hacking or technical failure, as there is no single point of failure or attack.

The new telephone service that REALLY plans to launch will further reinforce the idea of decentralized communication. Using DeWi, users will be able to make encrypted voice calls and send secure messages, without worrying about eavesdropping or targeting by advertisers. The service is not only aimed at individuals who prioritize privacy, but also at businesses that want to protect their confidential information from unauthorized access.

The funding raised by REALLY is a testament to the growing interest in blockchain-based technologies and their potential to disrupt traditional industries such as telecommunications. By eliminating the need for intermediaries and central authorities, decentralized networks like DeWi can provide greater transparency, security, and efficiency to users.

In conclusion, the completion of an $18 million seed round financing by REALLY indicates a bright future for the decentralized mobile network provider. With the new funding, REALLY plans on launching a telephone service supported by DeWi, which will enable users to have secure and encrypted communication without relying on centralized third-party services. The funding represents the growing interest in blockchain-based technologies and their potential to provide greater transparency, security, and efficiency. Polychain and other strategic partners have shown a strong commitment to REALLY’s vision of decentralization, which is expected to revolutionize the way we communicate in the near future.

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Decentralized Mobile Network REALLY Raises $18M Funding for New Telephone Service

REALLY announced the completion of US $18 million seed round financing

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