DePin provider Grove raises $7.9 million in funding, aiming to push DePin into the mainstream
2023-11-30 14:10
Odaily News Decentralized physical infrastructure (DePIN) provider Grove (formerly Pocket Network) has raised $7.9 million from Fidelity’s Avon Ventures, Placeholder Capital and Druid Ventures. Grove will use the funds to build new partnerships and drive DePIN towards mainstream adoption. DePIN refers to using blockchain technology and token incentives to build a network of physical infrastructure so that other projects do not need to bear the cost of purchasing and running their own equipment. In this sense, it can be considered a decentralized version of Amazon Web Services (AWS) or Google Cloud. Grove provides Web3 infrastructure for building products and services on its POKT network, which supports over 40 different chains. (Coindesk)
2025-11-04 20:17
SOL fell below 150 USDT, a 9.6% drop in the last 24 hours.
2025-11-04 20:17
BTC fell below 100,000 USDT, a 6.29% drop in the last 24 hours.
2025-11-04 20:16
ETH fell below 3200 USDT, a 24-hour drop of 11.41%.
2025-11-04 20:17
SOL fell below 150 USDT, a 9.6% drop in the last 24 hours.
2025-11-04 20:17
BTC fell below 100,000 USDT, a 6.29% drop in the last 24 hours.
2025-11-04 20:16
ETH fell below 3200 USDT, a 24-hour drop of 11.41%.
Download Odaily App
Let Some People Understand Web3.0 First
