Decentralization cloud computing newcomer rises, valuation soars to $470 million

Recently, there has been a highly关注ed news in the field of Decentralization physical infrastructure ( DePIN ). An emerging cloud computing project has received strategic investment from a well-known investment institution, with a valuation reaching 470 million USD. This investment institution has previously been an early investor in several successful technology companies, including some well-known IoT and hardware manufacturing enterprises.

So, why can this cloud computing project achieve such a high valuation recognition? It claims to disrupt the business models of traditional cloud computing giants, what is its uniqueness? Let us analyze its technology and business logic in depth:

1. Pain Points of the Traditional Cloud Computing Market

Currently, the global cloud computing market is mainly monopolized by three major technology giants, forming a new centralized pattern. Data, computing, and network resources are concentrated in the hands of a few companies, which directly leads to the following problems:

• The cost of cloud services is continuously rising, and businesses are passively accepting price increases.
• Once users choose a cloud service provider, the migration costs are high, making it difficult to switch.
• Enterprise data is actually stored on third-party servers, losing data sovereignty.

2. Decentralization Cloud Computing Solutions

This emerging project aims to establish a Decentralization cloud infrastructure network, allowing businesses to regain control over data sovereignty, reduce costs, and avoid vendor lock-in. This is precisely the core value proposition of DePIN – to leverage blockchain technology to reshape traditional physical infrastructure and reclaim dominance from centralized control.

3. Unique Three-Layer Architecture

The technical architecture of the project can be simplified into a three-layer "Decentralization and Balance of Power" system:

1. Hardware Layer: Contributed by global hardware providers with enterprise-grade hardware devices, rather than ordinary PCs or idle computing power. This ensures the stability and reliability of the service.

2. Service Layer: Service providers build various cloud products on top of hardware resources, emphasizing composability and promoting the birth of innovative services.

3. Monitoring Layer: Managed by independent nodes responsible for monitoring and verifying service quality, addressing the common "malicious verification" challenge faced by DePIN projects.

These three layers coordinate through a specialized protocol, forming a self-regulating ecosystem.

4. Pragmatic Business Strategy

Unlike many blockchain projects, this project chooses to land its business first and create revenue. According to reports, the project already has over 1,000 clients from Europe and the United States, with an annual income exceeding $5 million and a growth rate of 2000%. It is expected that by the end of 2025, the contracted annual recurring revenue will reach $32.7 million.

The project chooses "storage" as the entry point, focusing on serving B2B enterprise clients. This strategy targets a customer base with a strong willingness to pay and stable demand, allowing the project to establish a stable cash flow.

5. Reasonable Token Economic Model

The token economic model of the project is also highly aligned with its business logic.

• Hardware providers must stake tokens to access the network, ensuring service quality.
• Service providers use tokens to purchase resources, creating real demand.
• Oracle nodes and hardware providers receive token rewards for their contributions.

This design makes the tokens the "blood" of the network rather than a speculative tool, with value derived from the actual scale of business rather than hype.

6. Strong Team Background

The project team has a purely European and American background, with core members rich in experience in gaming and cloud storage. The co-founder previously created and indirectly brought a gaming company to Nasdaq, and the CTO also holds storage-related patents.

The project has secured $18 million in funding, with investors spanning both Web3 and traditional sectors. The latest round of strategic investment comes from a top-tier institution that manages $1.6 billion in assets and has strongly endorsed the project's development prospects.

Conclusion

According to market forecasts, the global cloud infrastructure market's annual revenue is approximately $313 billion, and it is expected to reach $837.97 billion by 2034. The goal of this project is to become the "cloud computing giant of Web3"; even capturing a small portion of the market represents a considerable business opportunity.

This project represents the forefront of Web3 technology's penetration into core enterprise IT systems. It combines the advantages of Web2 and Web3, paving a more pragmatic and feasible path for the enterprise application of blockchain technology. This innovative model may bring profound impacts to the entire industry.