Solana Foundation, Polygon Lead $30M Fundraise for Web3 Firm Cosmic Wire

“We are very excited for Cosmic Wire’s Web3 infrastructure to be built on the Solana network,” said Johnny Lee, general manager of games, entertainment, and media at Solana Foundation, in a press release. “Their metaverse SDK solutions significantly reduce development times of high-fidelity, 3D, browser-based metaverse experiences with e-commerce of both physical web3 digital products, content CDNs [content delivery networks], payment solutions and avatar UGC [user generated content] all integrated,” Lee added.