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Acurast is a DePIN network that implements mobile phones as a main source for acquiring computing resources for its network. $ACU is a utility token of the platform that is utilized for staking to power the security of its network, paying fees, and participating in governance processes.
According to the $ACU ICO page on CoinList, the company closed a $2M Seed funding round with undisclosed investors.
24-month linear vesting