Animoca Brands announces investment in the DePIN project GEODNET

BlockBeats news, on October 31st, according to CrowdFund Insider, Animoca Brands announced an investment in the decentralized real-time kinetic (RTK) network GEODNET to advance the development of mixed reality games and immersive experiences. GEODNET will collaborate with Animoca Brands' consumer network project Mocaverse to explore the integration of precise positioning technology within Moca Network. Yat Siu, Co-founder and Chairman of Animoca Brands, stated that GEODNET's positioning technology will open up new possibilities for mobile and gaming experiences, helping developers create seamless mixed reality applications that blend the digital and physical worlds. This partnership aims to accelerate the integration of blockchain with real-world experiences.