Miami Beach, FL - Cosmic Wire Inc, a pioneering technology company at the forefront of Web3 innovation and blockchain solutions, announced today the successful completion of its Seed funding round, raising an impressive $30 million. The funding round was led by Polygon Labs, a prominent investor in the technology industry.

Founded by visionary entrepreneur Jerad (BLAZAR) Finck, Cosmic Wire has emerged as a trailblazing force in the rapidly evolving landscape of Web3 and Internet technologies. The company's proprietary technology and decentralized applications have been instrumental in creating the backbone operating system that powers today's Web3 ecosystem.

Cosmic Wire's groundbreaking advancements include patented volumetric mesh technology and a revolutionary patent-pending file format, compression algorithm, and codec. These technical innovations enable Cosmic Wire to deliver unparalleled live streaming of volumetric captured content within high-fidelity worlds, all accessible through a standard web browser via cloud-based GPU rendering. This cutting-edge approach opens up new horizons for content creation and consumption, shaping the future of Web3 and revolutionizing the functionality of the Internet.

Commenting on the successful funding round, Jerad Finck, Founder and CEO of Cosmic Wire, expressed his enthusiasm, saying, "We are happy to have the support of Polygon Labs and other investors who recognize the potential of Cosmic Wire's technology to redefine the way we experience the Internet. This funding will further accelerate our efforts in expanding the reach of Web3 and empowering creators with an unprecedented immersive experience."