DEP project GEODNET receives investment from Animoca Brands and reaches cooperation with it

Odaily Planet Daily News Animoca Brands announced a partnership with GEODNET, a Decentralization Real-Time Kinematics (RTK) network designed to drive mixed reality games and immersive experiences, and integrate positioning technology into consumer applications. In addition, Animoca Brands has also invested in GEODNET to support its development within the DePIN community, while driving the development of positioning and mixed reality technologies. GEODNET will collaborate with Mocaverse, a consumer network that has an interoperable account, identity, reputation, and PointFi system infrastructure developed by Animoca Brands, to help “facilitate the rise of the network and explore the integration of precise location into various consumer applications within the Moca network”. (Crowdfund Insider)