Personal Network Protection and Privacy Firm (Gryphon) Announces Investment from Harmony to Launch ‘MetaSafe’
The strategic investment in Gryphon’s tens-of-thousands of privacy-first mesh WiFi routers, enables the debut of their all-new Web3 blockchain project – MetaSafe
SAN DIEGO – MAY 24, 2022 – Gryphon Online Safety Inc., the company providing consumers with ultra-fast advanced security mesh WiFi routers with award-winning parental controls, announced today its partnership with and investment from Harmony to develop MetaSafe™. MetaSafe is an all-new Web3 blockchain project powered by Gryphon routers and developed using a unique proof-of-bandwidth and proof-of-memory algorithm to elevate internet safety and privacy for consumers to the next level. Gryphon’s privacy-first security mesh WiFi routers are ideal for running the MetaSafe decentralized blockchain, since they are always connected and always on, while also having plenty of built-in memory and processing power. Gryphon owners can participate as miners to earn MetaSafe utility tokens (MSTs), creating a network of tens-of-thousands of Gryphons that can now work together to provide ultimate security and privacy for everyone. MetaSafe will be launching on select Gryphons later this year.
“We are really excited to be a strategic investor and partner in Gryphon’s new MetaSafe project,” said Boris Polania of Harmony. “This project will help bridge the Gryphon and Harmony communities, and enable more people to participate on the Harmony One blockchain.”
The first application running on MetaSafe will be an identity and password management called “me”. Unlike traditional solutions where your identity and passwords are stored on a central server, Gryphon’s “me” will store your personal information on the MetaSafe blockchain, giving the decentralized network the power to protect your private information instead of a single brand, making it more resilient to hacking. Gryphon will also be providing tools to partners to build additional applications. Using MetaSafe smart contracts, third-parties can build Web3 apps such as people’s VPN, secure DNS, and data sharing applications (like Amazon Sidewalk). As opposed to big tech and their big clouds and servers, MetaSafe gives the control of users’ data, security, privacy, and network back to the people.
“Our partnership with Harmony and their market-leading blockchain, is the perfect way to jumpstart Gryphon’s new MetaSafe project,” said John Wu, founder and CEO of Gryphon. “Gryphon’s commitment to making the internet a safer place for the next generation is what inspired us to build MetaSafe for Web3, so that everyone can have access to safe, secure and private internet.”
MetaSafe, powered by Gryphon, will be launching alongside a new equity crowdfunding campaign that allows anyone to partner and invest in Gryphon’s growth – like Harmony is. For information on the equity crowdfunding round created in partnership with Republic, and to learn more about MetaSafe, click here.
Gryphon, a private company headquartered in San Diego, CA, launched in mid-2018 and has achieved over $8M in total sales and blocked over 12M malware threats across over 55,000 Gryphon routers and hundreds of thousands of internet-connected devices. The company currently has 6 patents issued covering machine learning based network protection and parental controls, with other patents pending. Gryphon Co-founder & CEO, John Wu, was one of the key inventors of the MiFi mobile hotspot and currently holds 25 patents. Gryphon Co-founder and CTO, Arup Bhattacharya led the development of the media chip that powered the first Apple iPods.
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Max Borges Agency on behalf of Gryphon