Summary
- Geodnet announced that it has secured $8 million in funding led by Multicoin Capital.
- The investment will be used to develop devices such as robots and drones.
- Geodnet is gaining attention as a Decentralized Physical Infrastructure (DePIN) project.
According to CoinDesk, a cryptocurrency-focused media outlet, on the 25th (local time), Geodnet, a Decentralized Physical Infrastructure (DePIN) project, has secured an $8 million investment in a funding round led by Multicoin Capital.
The investment will be used to develop devices such as robots and drones.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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