DePIN, which stands for decentralized physical infrastructure, is one of the fastest-growing crypto narratives. It has reached notoriety due to its seamless integration of various technologies under one umbrella. This particular sector refers to protocols that use blockchain technology to support a global network of physical infrastructure maintained by participants providing the necessary computing resources. However, it is still a nascent category of projects, with many...
Read More »Solana-based DePIN Io.net Raises $30M at Valuation of $1B
CoinspeakerSolana-based DePIN Io.net Raises $30M at Valuation of $1B IO Research began its fundraising campaign for the round in January of this year and recently concluded the final portion. The majority of investors joined the round earlier at a valuation of $500 million. Solana-based DePIN Io.net Raises $30M at Valuation of $1B
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