KuCoin Invests in a Solana-based mixed reality DeMR project

Jan 05, 2024
The incubation program of the Seychelles cryptocurrency exchange KuCoin Labs has invested in the infrastructure network of decentralized mixed reality (MR) DeMR.
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The ownership rights between the partners will be distributed in equal shares. Income generation is planned in the applications in accordance with the assessment of the contribution volume.

According to the press release, the DeMR network is built on the Solana blockchain. The project aims to solve the problems associated with the creation of 3D maps by using a decentralized network and an automated pipeline of map reconstruction using artificial intelligence. This will make it possible to assemble and reconstruct high-definition 3D maps with less cost and more efficiency.