DePIN project GEODNET receives investment and cooperation from Animoca Brands

Odaily News Animoca Brands has announced a partnership with GEODNET, a “decentralized” real-time kinematic (RTK) network designed to power mixed reality gaming and immersive experiences, and integrate positioning technology into consumer applications. In addition, Animoca Brands has invested in GEODNET to support its growth within the DePIN community while driving positioning and mixed reality technology development. GEODNET will work with Mocaverse, a consumer network with an interoperable account, identity, reputation and PointFi system infrastructure layer developed by Animoca Brands, to help “foster network growth and explore the integration of precise location into a variety of consumer applications within the Moca network.” (Crowdfund Insider)