Jan. 4: KuCoin Labs, the investment and incubation program of Seychelles-based crypto exchange KuCoin, has made a strategic investment in DeMR, a “decentralized mixed reality (MR)” infrastructure network (MR-DePIN) built on the Solana blockchain, according to a press release. The project solves key problems associated with creating 3D maps, according to a whitepaper, by employing “a decentralized network and automated AI map reconstruction pipeline, which can collect and reconstruct global full-scene 3D high-definition map data at lower cost with higher efficiency, and provide open spatial interaction services for massive MR applications. The ownership and revenue of the data are shared by global contributors, and the revenue will be continuously obtained in subsequent applications according to the evaluation of contribution volume.”

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Author: Bradley Keoun

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