According to Foresight News, Web3 communication network SendingNetwork has announced that it will commence a node presale in May. The presale will involve one of the three types of nodes in the SendingNetwork communication network, the WatchDog node, which primarily works in conjunction with the Guardian node to complete verification tasks. A total of 60,000 units will be available in the presale, with 12% of SEND tokens allocated.
SendingNetwork is in the process of building a decentralized communication network. The aim is to reconstruct the TCP/IP model through blockchain, connect wallet addresses using decentralized routers, and establish peer-to-peer communication based on wallet addresses. This reconstruction of internet infrastructure is intended to enhance security, privacy, and user control.
In previous news from Foresight, Sending Labs completed a seed round of financing worth $12.5 million in February last year. The round was led by Insignia Venture Partners, MindWorks Capital, and Signum Capital.