DePin Sector Update: ATOR Rebrands, Verida Raises Funds, Synternet Launches Mainnet

Monday, July 1, 2024 4:26 PM
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DePin Sector Update: ATOR Rebrands, Verida Raises Funds, Synternet Launches Mainnet cover

Decentralized Physical Infrastructure Networks (DePin) are making waves in the tech industry by facilitating decentralized projects in real-world infrastructure. ATOR Protocol has rebranded to Anyone, aiming to make internet privacy a standard for all users with its new Anon network. Meanwhile, Verida secured over $5 million in funding, valuing the decentralized personal information network at $50 million. Lastly, Synternet, a Layer-1 blockchain for AI, DeFi, DePIN, and IoT projects, has launched its mainnet on the Cosmos network, enabling a decentralized data economy.

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