DeMR—KuCoin Labs’ First Strategic Investment in the DePIN Track
Share:
Predictions Markets
See what traders are focused on
KuCoin Labs, the incubator and investment arm of the KuCoin ecosystem, has announced a strategic investment in DeMR, marking the beginning of a comprehensive collaboration in community operations and subsequent product development. This move reflects the recognition of the DePIN track by KuCoin Labs and highlights its profound understanding of the future development of the crypto industry.
DeMR, integrating MR seamlessly, stands out with assets like Compass NFTs, Land NFTs, and Node License NFTs, fostering strong connections with DeMR ecology and amplifying real-world influence and economic value. Lou Yu, Head of KuCoin Labs stated,
“Future growth in the DePIN track will incentivize more providers to join in a self-reinforcing, long-term growth cycle. KuCoin Labs will support DeMR in its efforts to continue to achieve its key milestones.”
What is DeMR?
DeMR is a decentralized Mixed Reality (MR) infrastructure network (MR-DePIN) built on the Solana Chain. Global users may participate in scanning and building MR maps of various cities with consumer-grade devices. They can also build infrastructure facilities through decentralized distributed concurrent archite…
The post DeMR—KuCoin Labs’ First Strategic Investment in the DePIN Track appeared first on Coin Edition.
