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"With its DAO-governed alternative network, tomi is paving the way for a censorship-free environment where users can access high-quality content without compromising their privacy," DWF Labs managing partner Andrei Grachev said.
"We believe that the team’s commitment to fair monetization and development of technologies ensuring privacy will make tomi the go-to destination for content creators and users alike."
DWF Labs' leading of this funding round continues the market maker's recent flurry of investments in Web3 projects, following a multi-million dollar purchases of the native tokens of blockchain infrastructure provider Orbs Network and derivatives protocol Synthetix.