PANews reported on October 24 that the decentralized communication and data infrastructure project Depinsim announced the completion of a US$8 million strategic financing round, led by Outlier Ventures and participated by several well-known institutions such as DWF Labs.

Depinsim, based on eSIM technology, is committed to creating a free mobile internet protocol that allows users to gain value from connectivity. By integrating eSIM communications, data mining, and blockchain incentives, users can earn revenue by activating mining machines, completing tasks, or using data. This revenue can be used to top up eSIM data or redeem a stablecoin PIN, achieving a closed value loop of "connection-revenue-reconnection."

Depinsim is building a user-driven global connection economy, allowing communication networks to evolve from a single service to a shared, value-added decentralized system.

Depinsim co-founder said: “Our goal is not to create the next encryption product, but to make every connection quantifiable as value.