Details

Last Funding Type

Angel

Last Funding Money Raised

$1M

Industries

Blockchain,Information Technology,Internet of Things

Founded date

Jan 9, 2019

Number Of Employee

11 - 50

Operating Status

Active

Legal Name

POSEIDON NETWORK PTE. LTD.

Also Known As

QQQToken

Poseidon Network is a decentralized global network that collects and distributes idle resources from P2P devices, allowing everyone to build their own services in the fastest and cheapest way.

Mission:
With the rising trends of 5G and IoT, we see that the average number of devices a person owns will reach 20 or more with 10-40x of bandwidth size. Our mission is to create the world largest decentralized global network with idle network resources by using sharing economy model.

How:
Poseidon creates a free to join network for network devices (NAS, smart TV, PC and mobile devices) to join and contribute their idled resources. Poseidon packages and delivers the solutions for various industry use cases for more immediate and smoother experiences. All transactions are powered by our own cryptocurrency, the QQQ. When the resources are provided by our suppliers, Poseidon's protocols will automatically record each node's productivity in the blockchain system and provide contributors with corresponding rewards.