KuCoin Labs Invests in DeMR: A Leap into Decentralized Mixed Reality

Strategic Investment for Future Crypto Developments

KuCoin Labs, the investment arm of the KuCoin ecosystem, recently announces its strategic investment in DeMR. This marks a significant collaboration in community operations and product development. The investment signifies KuCoin Labs' recognition of the DePIN track and underscores its insight into the future of the crypto industry.

DeMR's Unique Integration in Mixed Reality

DeMR uniquely integrates Mixed Reality (MR), offering distinctive assets like Compass NFTs, Land NFTs, and Node License NFTs. These assets strengthen ties within the DeMR ecosystem, enhancing real-world impact and economic value. Lou Yu, Head of KuCoin Labs, comments, “Future growth in the DePIN track will incentivize more providers to join in a self-reinforcing, long-term growth cycle. KuCoin Labs will support DeMR in its efforts to continue to achieve its key milestones.”

Decentralized Infrastructure on Solana Chain

DeMR represents a decentralized Mixed Reality infrastructure network built on the Solana Chain. It allows global users to engage in MR map scanning and building of various cities using consumer-grade devices. This decentralized approach offers a Web3 architecture supporting extensive MR applications and global users, promoting complete interconnection and decentralization between MR applications and virtual-real symbiosis.

Seamless Coexistence of Digital and Real Worlds

The digital world, crafted through MR & AI spatial computing technology, coexists seamlessly with the real world. It enables users to immerse in a new world of spatial interconnection and virtual-real symbiosis. In the DeMR Network, roles such as Contributor, Land Holder, and Developer are interconnected and transact via the blockchain network. Contributors earn by aiding network construction, incentivized through the DMR cryptocurrency.

Advanced Features of DeMR Network

The DeMR Network, developed over five years, boasts high-definition spatial localization, city-scale support, consumer-level scanning, adaptability to various environments, multi-device compatibility, and a fully automatic mapping pipeline aided by AI. These features position DeMR as a leader in decentralized MR technology.

Contributors and Computing Nodes in DeMR

The DeMR Network relies on various contributors for the creation of high-quality 3D maps. These roles include Scanner, Annotator, Reviewer, Validator, and Trainer. Additionally, the network requires substantial spatial computation, hence the need for secure and reliable computing nodes. These nodes are essential for the MR world construction and are rewarded with DMR for their contributions.

DeMR Land Ownership and Tokenomics

In DeMR, Land Holders acquire lands linked to real-world locations, contributing to the global MR infrastructure network. The DeMR token (DMR) serves various purposes, including network governance, mining rewards, node staking, and access to services.