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ParaFi Capital invests in the Decentralization network hardware infrastructure DePIN project GEODNET
DailyNews
X0,7%
Jinse Finance reported that the DePIN project GEODNET, a Decentralization network hardware infrastructure, announced on X platform that it has received investment from ParaFi Capital. The specific amount of investment has not been disclosed yet. The new funds are intended to support its construction of a global real-time dynamic network to provide services for robotics, autonomous driving, and agriculture. It is reported that GEODNET previously disclosed that it is building a Decentralization 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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