Golden Finance reported that the DePIN project GEODNET, a decentralized network hardware infrastructure, announced in a post on the X platform that it has received an investment from ParaFi Capital. The specific investment amount has not been disclosed. The new funds are intended to support the construction of a global real-time dynamic network, providing services for the fields of robotics, autonomous driving, and agriculture. It is reported that GEODNET previously disclosed that it is building a decentralized GPS network based on Polygon PoS, and each node operation will receive token rewards, allowing the use of US dollar income to repurchase and destroy tokens.
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ParaFi Capital invierte en el proyecto DePIN de infraestructura de hardware de red Descentralización GEODNET
Golden Finance reported that the DePIN project GEODNET, a decentralized network hardware infrastructure, announced in a post on the X platform that it has received an investment from ParaFi Capital. The specific investment amount has not been disclosed. The new funds are intended to support the construction of a global real-time dynamic network, providing services for the fields of robotics, autonomous driving, and agriculture. It is reported that GEODNET previously disclosed that it is building a decentralized GPS network based on Polygon PoS, and each node operation will receive token rewards, allowing the use of US dollar income to repurchase and destroy tokens.