GnosisDAO, the community behind Gnosis Chain, is investing $1.5M and 500 GNO tokens in HOPR to develop GnosisVPN, a fully decentralized Web3 VPN.
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This move underscores Gnosis’ commitment to building accessible and scalable infrastructure, prioritizing privacy and safety for users in the decentralized ecosystem. GnosisVPN will utilize HOPR’s incentivized private mixnet technology, ensuring robust data protection and resilience within the Gnosis ecosystem.
Friederike Ernst of Gnosis expressed the significance of privacy in the Web3 landscape, emphasizing GnosisVPN’s potential to cater to billions of users seeking decentralized alternatives to traditional VPNs.
“Gnosis firmly stands by its belief that privacy is necessary for the future of the open and equitable internet. While not a native element of most blockchain technologies, layering and interweaving privacy into Web3 is possible!”
Friederike Ernst of Gnosis
“GnosisVPN will deliver a service tailored to the requirements of typical Gnosis users first, but with a clear route towards adoption by the several billion users who use traditional VPNs with centralized chokepoints today. Supporting the development of a structurally superior decentralized alternative is fully aligned with the overarching Gnosis 3.0 initiative aimed at the application of Web3 services for practical needs.”
Sebastian Bürgel, Founder of HOPR added: “HOPR and Gnosis are two of the most closely value-aligned projects within the Web3 ecosystem. Both projects share a steadfast commitment to furnishing infrastructure and services catered to individuals, spanning from node operators to end users. In line with this ethos, the HOPR network stands out as the sole incentivised private mixnet, ensuring that node runners receive fair compensation for their valuable service.”
“Building on a longstanding history of collaboration between HOPR and Gnosis, GnosisVPN will be one of GnosisDAO’s largest investments, solidifying our joint commitment to building scalable and accessible infrastructure and services for individuals.”
Sebastian Bürgel, Founder of HOPR
This investment marks a significant milestone for Gnosis, aligning with its recent initiatives such as uRamp and Gnosis Pay, and reflects its growing validator community.
These developments will be showcased at DappCon, Gnosis’ flagship event, happening from May 21st to 23rd in Berlin, Germany.
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About Gnosis
Gnosis, developed by blockchain and payments experts, prioritizes community ownership and resilience. With over 200,000 validators and 2,000+ nodes across the globe, Gnosis Chain stands as a leading decentralized network.
About HOPR
HOPR contributes to Web3 resilience through its incentivized and decentralized mixnet. With over 500 nodes deployed on Gnosis Chain, HOPR ensures transport layer privacy for users, with rewards for node runners relayed via the HOPR token.
