PANews reported on October 15 that according to CoinDesk, the content distribution network project Blockcast announced the completion of a $2.85 million financing round, led by Lattice Fund, with participation from Protocol Labs, Finality Capital Partners, AllianceDAO, Zee Prime Capital, RW3 Ventures, etc. Solana founder Anatoly Yakovenko also participated as an angel investor. Blockcast aims to create a new generation of highly scalable content distribution network (CDN) through its unique cache architecture to meet the demand for high-bitrate live streaming. The Blockcast network is based on its Multicast Adaptive HTTP Proxy and can be deployed on rack devices in the core network or terminal devices such as smart TVs.
