Daylight Energy is a decentralised blockchain technology that has raised over $75 million in funding, backed by a16z Crypto, to build sustainable homes with connected, self-sustaining solar plants that can generate, store, and share clean electricity for everyone, to protect the environment.
Unlike other solar systems that face metering problems, Daylight Energy is designed to run in a decentralised system, allowing homes to sell and use electricity during peak periods and share the returns with homeowners.
This idea has been described as innovative by top investors in the DeFi space, as it helps reduce the cost of running household electricity, which also improves the stability of grid systems and reduces the level of outages during extreme weather conditions and rising energy prices.
The Daylight project has attracted significant attention and admiration following recent funding from top investors and venture capitalists in the crypto space who want to be part of its story. The team behind the energy-saving project for homes includes: Daylight co-founder @jasonbadeaux, @neilc_dawn, @james_smits, and @dougcotler.
The DeFi crypto project announced on its official X account that it has secured $75 million in funding, in addition to the $9 million raised in seed funding, to build the decentralized energy network powering the world’s most important commodity: electricity.
This funding will help the team build a faster system to provide a sustainable electric grid that delivers what the old one no longer can: affordability, reliability, and abundant power.
Participation in these funding rounds included @a16zcrypto, @M13Company, @EV3ventures, @LererHippeau, @room40xyz, @CrucibleCap, and @cbventures.
Daylight protocol allows users to connect their energy devices to earn rewards and access a marketplace for home energy upgrades. To earn rewards from their airdrops, here is what to do:
1. Join Discord https://discord.com/invite/daylightenergy to earn roles that will qualify you to participate.
2. Be active in chats. Participate in discussions and create thematic content until you reach level 4 on the server. The bot automatically awards you experience points for each activity on the server. Track your level progress in the check-rank channel using the !rank command.
Daylight rise reflects a growing trend of providing solutions to real-world problems using blockchain technology, smart contracts, and DeFi innovation, attracting many investors and contributors to its ecosystem while rewarding users for contributing to decentralised energy models that aim to provide clean energy for all users at low cost.
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