What Is Titan Network?
Titan Network is a digital resource network designed to facilitate the matching of community idle resources with global demand, making it easy for everyone to leverage the power of DePIN services and participate in the construction of the Internet of Value.
It’s built-in economic incentives and network design to ensure that the community is rewarded for the committed resources. At the same time, end-users receive high-quality results at the reliability level of modern cloud solutions.
Titan Network’s story begins in the middle of 2021 as the first project to build the retrieval layer and CDN (Content Delivery Network) solution for Filecoin. In early 2022, Titan Network secured a substantial $1 million grant from Protocol Labs to develop the ecosystem’s tooling infrastructure. As the team achieved its milestones, it recognized an expansive opportunity to leverage idle community resources for a larger purpose beyond the creation of a hot storage layer.
Titan Network Team | Who Is Behind Titan Network?
It is worth noting that Titan Network was founded by a team of innovators with a vision to harness idle digital resources for global enterprise demand. In 2021, the project began as a retrieval layer and content delivery network (CDN) solution for Filecoin, as mentioned earlier.
The most prominent figure associated with the Titan Network’s founding is Konstantin Tkachuk, according to Crunchbase‘s company profile.
Beyond Tkachuk, some sources do not explicitly name other individual founders, but they describe a core team with experience from top-tier blockchain and tech firms, such as Hashkey, OKX, Fenbushi, and IOSG, particularly in the context of investors like DePIN X.
Titan Network Funding Rounds
Titan Network raised a total of $6.25 million over three funding rounds, consisting of one Seed and two Early-Stage rounds, with the latest being a $250,000 Seed round on February 17th, 2022.
The largest round was a $6 million Series A in November 2021, which was led by Cadenza, including the participation from thirteen institutional investors such as Tribe Capital, Coinbase, DFG, and Fundamental Labs.
Moreover, there was also a Seed round on September 11th, 2024, led by Arrington Capital with participation from DePIN X, FalaBlock, and Protocol Labs, of an undisclosed amount to support mainnet development.
The funds aim to accelerate Titan Network’s mission to create a universal DePIN cloud service platform to provide decentralized alternatives to traditional cloud services.
Titan Network Airdrop – Step-By-Step Guide
👉 STEP 1: Head over to https://edge.titannet.io/signup and create an account.
👉 STEP 2: Download the Titan Browser Extension.
👉 STEP 3: Turn on Developer Mode, click Titan Extension Details, and turn on User Script.
👉 STEP 4: Do not close the task tab to earn points.
👉 STEP 5: Keep an eye on official announcements and hope for the best!
Key Takeaways Of Titan Network
It is important to highlight that Titan Network is running an 18K USDC Campaign to incentivize user participation in its DePIN platform by offering rewards in USDC stablecoins.
Users would need to install the Titan Browser Extension and earn TNTIP points. These points can be converted into rewards, with the campaign offering a total prize pool of up to 190,000 USDC.
This campaign is targeted for both new and existing users to expand the network’s reach by leveraging community-driven resource sharing and gamifying participation through referrals and leaderboard rankings.
Community Details About Titan Network
It is important to stay connected so you can quickly hear about new developments and announcements about Titan Network.
Here are the official channels that you should be following:
- 🌐 Website: https://titannet.io/
- 🐦 Twitter/X: https://x.com/Titannet_dao
- 💬 Discord: https://discord.com/invite/titannetwork
- 📱 Telegram: https://t.me/titannet_dao
- 📝 Docs: https://titannet.gitbook.io/titan-network-en
Lastly, always make sure to use official links from verified sources to avoid scams or phishing attempts.
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