Unigrid Secures $25M Investment Commitment from GEM Digital, Partners WeSendit, Targets Cloud Giants

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PRESS RELEASE. June 6th, 2023: Unigrid, a pioneering force in the development of a decentralized and anonymous Internet, is excited to announce a significant milestone, a new strategic partnership, and an ambitious market positioning. Unigrid has recently secured a $25 million investment commitment from GEM Digital Limited. Additionally, Unigrid has partnered with WeSendit, the world’s first file transfer service specializing in anonymous data transfer and decentralized storage solutions.

Unigrid is poised to become a formidable European alternative to dominant providers such as Amazon AWS and Google Cloud. Unigrid’s CTO, Adam Waldenberg, emphasizes the transformative power of blockchain technology in guaranteeing the permanence of information, thereby fundamentally reshaping the cloud industry. Businesses will be able to leverage Unigrid to deliver and store data at significantly lower costs compared to traditional cloud providers like Amazon AWS, resulting in substantial savings.

Unigrid’s innovation stems from the underutilized storage capacities found in numerous European data centers. By harnessing their blockchain node technology, Unigrid taps into this vast reservoir, which was previously seen as almost inexhaustible. Their intelligent blockchain application ensures secure data encryption and organization. Unigrid’s groundbreaking “plug-and-switch” approach allows businesses to effortlessly monetize their available storage capacity, particularly during non-peak hours. This approach not only optimizes the use of idle server capacity but also provides an additional revenue stream for businesses. Customers benefit from cost-effective cloud services, and Unigrid envisions significant growth opportunities ahead. Even with a modest 0.1% market share in the global cloud business, CEO Evan Green envisions a turnover potential in the hundreds of millions.

The substantial commitment from GEM Digital Limited is a testament to Unigrid’s potential and the unwavering dedication of its team. It also signifies a strong vote of confidence from a group with a profound understanding of the digital asset space and a global reach.

Unigrid’s partnership with WeSendit marks a significant stride in its mission to revolutionize the Internet. WeSendit has been offering its file transfer service since 2014 and has since convinced more than 3 million customers, including global brands such as Nike, Facebook, Dreamworks, and Red Bull. The new platform WeSendit 3.0 and its central component, the $WSI token, mark the company’s transition from Web2 to Web3. WeSendit’s interdisciplinary team is developing a new generation of decentralized data processing tools that will encourage users to explore the benefits of the decentralized Internet. WeSendit’s decision to leverage Unigrid’s decentralized storage offering for its Web3 storage solution underscores the transformative power of Unigrid’s technology.

This commitment ensures a broad market launch for Unigrid this year, propelling its growth and market development. Unigrid remains open to additional seed commitments and private sales, with strategic guidance and expertise provided by Valuex AG, renowned specialists in strategy and blockchain technology.

Unigrid is at the forefront of the next Internet revolution, providing a truly decentralized global network that is free from geographical limitations and centralized control. Unigrid’s innovative solution is a game-changer in the cloud infrastructure landscape, offering a network that is completely anonymous and resistant to attacks.

For more information about Unigrid, please visit https://www.unigrid.org/. For more information about GEM Digital Limited, please visit https://www.gemny.com/. For more information about WeSendit, please visit https://linktr.ee/wesendit.

About Unigrid

Unigrid is creating a decentralized and anonymous cloud service, free from centralized control and resistant to attacks. Unigrid is committed to delivering a network that changes everything, forever. For more information, visit https://www.unigrid.org/.

About GEM Digital Limited

GEM Digital Limited is a digital asset investment firm. Based in The Bahamas, the firm actively sources, structures, and invests in utility tokens listed on over 30 CEXs and DEXs globally. Global Emerging Markets (“GEM”) is a $3.4 billion alternative investment group with offices in Paris, New York, and the Bahamas. GEM manages a diverse set of investment vehicles focused on emerging markets and has completed over 530 transactions in seventy-two countries. https://www.gemny.com/.

About WeSendit

WeSendit is a Swiss file transfer service specializing in anonymous data transfer and decentralized storage solutions. The company has been a successful Web2 file transfer provider for almost 10 years and has now entered the Web3 era. Powered by the $WSI token, the new platform WeSendit 3.0 will help the world transition to the decentralized Internet of the future. For more information, visit https://linktr.ee/wesendit.

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