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MCNGlobal Secures $30 Million for MCN Public Chain Launch in Q1 2026

The blockchain project gained substantial funding from Web3 investment institutions for node subscriptions, with most allocations scheduled for a three-year linear release.

Summary

MCNGlobal announced it will launch its MCN public chain in the first quarter of 2026. The company secured $30 million from Web3 investment institutions for node subscriptions, leaving $25 million in allocations to be distributed gradually over three years.

Terms & Concepts
  • Public chain: A blockchain network that is open and accessible to anyone, allowing participation in consensus and transactions.
  • Web3: A vision of the internet powered by decentralized blockchain technology, enabling users to own and control their data and digital assets.
  • Node subscription: A process where participants invest in or commit resources to operate nodes (network participants) within a blockchain ecosystem.