DePIN project Vangrid raises $9 million in token round to build spatial data network for physical AI

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DePIN project Vangrid raises $9 million in token round to build spatial data network for physical AI

60-second summary

The DePIN project Vangrid is currently raising $9 million in a token round to build a spatial data network for physical AI, with contributors already paid bounties. A token is planned for later this year, which will likely incentivize further contributions and adoption, potentially driving growth in the DePIN ecosystem and its applications in the physical AI space.

Vangrid contributors are currently paid bounties, Brighton said, noting that a token is planned for later this year.