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The DePIN project Geodnet completed an $8 million Token financing, with Multicoin leading the investment
BlockBeats news, on February 25th, according to CoinDesk, the DEP project Geodnet completed an $8 million Token financing, with Multicoin leading the investment. It is reported that Geodnet provides financial incentives for startups, encouraging ordinary people to host physical infrastructure. Due to the strong demand for Geodnet's services, the project's Token (its incentive mechanism) has risen more than twice in the past 12 months.