Decentralized infrastructure PinGo Lab completes seed round financing, with participation from CGV FOF and others

ChainCatcher news, according to The Block, the decentralized infrastructure PinGo Lab has completed its seed round financing, with participation from CGV FOF, K24 Fund, CatcherVC, and Landscape Capital.

PinGo was initially a Cpin Web2 company with nearly 100,000 devices, which will be integrated into its own DePin network in the future. PinGo's product suite is designed to leverage this network growth. Its main products include the "Pinger" CDN service, the Punny bot, and a data analysis bot currently in development, aimed at helping filter and categorize the massive traffic on Telegram. These tools cater to both Web2 and Web3 clients, ensuring that the PinGo platform is scalable and practically useful.

According to RootData, PinGo is an AI and DePin solution on the TON network, addressing the fragmentation and idleness of idle computing resources, providing a strong computational foundation for building AI models.