Unveiling the DePIN Fund: Borderless Capital's $100 Million Vision

Wednesday, 18 September 2024, 05:00

DePIN, a revolutionary concept, is being propelled by Borderless Capital with a new $100 million fund. This initiative focuses on developing innovative infrastructure networks that leverage blockchain technology. With backing from Peaq and the Solana Foundation, DePIN seeks to redefine how projects can access and utilize physical networks without the need for extensive investment in equipment.
Coindesk
Unveiling the DePIN Fund: Borderless Capital's $100 Million Vision

The Launch of the DePIN Fund

Borderless Capital is taking a giant leap forward with the announcement of a $100 million fund specifically aimed at DePIN projects. By harnessing blockchain technology and incentivizing participation, this initiative is set to transform the landscape of physical infrastructure.

What is DePIN?

DePIN stands for decentralized physical infrastructure networks, offering a novel solution for emerging technologies. It allows projects to leverage existing resources through tokens and shared ownership, creating a borderless approach to infrastructure.

Key Highlights of the Fund

  • $100 Million Investment aimed at innovative DePIN projects.
  • Strategic partnerships with Peaq and the Solana Foundation.
  • Focus on removing barriers for startups in accessing crucial infrastructure.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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