NosXDAO Approves $1.5 Million Investment in HOPR for NosX VPN Development

IconCrypto News Terminal25 Apr, 2024

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NosXDAO Approves $1.5 Million Investment in HOPR for NosX VPN Development

NosX (GNO) DAO recently passed a proposal to invest $1.5 million in HOPR, a privacy-centric networking protocol. This investment will be used to develop a NosX VPN based on HOPR's mixnet technology. The proposal received overwhelming support, with a 99.94% approval rating. As a result of this investment, HOPR will build a NosX VPN that leverages its mixnet to provide enhanced privacy and security for NosX users. Additionally, the NosX DAO will have the opportunity to acquire HOPR tokens at a 30% discount. Previously on April 24, 2024, the NosX (GNO) DAO passed a proposal to invest $1.5 million in HOPR, for the development of NosX VPN, with a 99.94% approval rating. Consequently, HOPR intents to build a NosX VPN based on HOPR mixnet. Furthermore, the NosX DAO will be able to acquire HOPR tokens at a 30% discount.