Crust Network Secures Millions in Investment from DWF Labs

Crust Network, a decentralized storage network, has received seven-figure funding from DWF Labs. The funding will enable Crust Network to further enhance its infrastructure and expand its operations in the decentralized storage space.

Crust Network is a decentralized cloud storage protocol designed to incentivize the creation of storage orders and usage of storage nodes on IPFS networks. A total of 65 Web3 projects, including Uniswap and AAVE, have already started using Crust for storage, and have recently launched on the mainnet. Crust Network also utilizes the XCMP protocol as a parachain in the Polkadot ecosystem, serving projects such as Moonbeam, Astar, Oak Network and more.

Crust Network will soon launch its EVM Storage service to provide a decentralized storage solution for EVM-based blockchains.