Depinsim, a decentralized communication and data infrastructure project, has successfully raised $8 million in a strategic financing round. The funding was led by Outlier Ventures, with participation from notable institutions including DWF Labs. Depinsim leverages eSIM technology to develop a free mobile internet protocol, enabling users to derive value from connectivity through blockchain incentives and data mining.
The project allows users to earn revenue by activating mining machines, completing tasks, or utilizing data, which can then be used to top up eSIM data or redeem stablecoin PINs. This creates a closed value loop of 'connection-revenue-reconnection.' Depinsim aims to transform communication networks into a shared, value-added decentralized system, moving beyond traditional single-service models. The co-founder emphasized their mission to quantify every connection as value, rather than merely creating another encryption product.
Depinsim Secures $8 Million in Strategic Funding to Enhance Decentralized Connectivity
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