IoTeX and Nodle Partner to Enhance DePIN Ecosystem

IoTeX is set to host an exciting event titled "R3al World" on June 24th, from 21:00 to 23:00 UTC, as part of the Permissionless conference in New York. This networking session will focus on Decentralized Physical Infrastructure Networks (DePIN) and Artificial Intelligence (AI), bringing together builders and innovators who are working on Physical AI, real-world assets, and decentralized infrastructure. Attendees can expect a vibrant atmosphere where they can engage with industry leaders and discuss the latest advancements in these fields while enjoying refreshments during the official DePIN x AI happy hour. The IoTeX platform, known for its open-source blockchain tailored for the Internet of Things (IoT), aims to tackle the prevalent challenges in existing IoT ecosystems, such as security vulnerabilities, high maintenance costs, and scalability issues. By developing a unique blockchain architecture that supports a multitude of IoT devices, IoTeX is paving the way for a more secure and efficient IoT landscape. The core concept revolves around a "blockchain within a blockchain" structure, where the main network manages security and operations, while sub-blockchains handle specific IoT devices and transactions. At the heart of the IoTeX ecosystem is its native token, IOTX, which facilitates various operations, including transaction fee payments and governance participation. This innovative approach not only enhances the scalability and privacy of IoT applications but also fosters the development of decentralized applications and ecosystems. As the event approaches, the excitement within the community is palpable, with many looking forward to the insights and collaborations that will emerge from the R3al World session at Permissionless.

DIMO, a prominent connected vehicle platform, has announced a groundbreaking strategic partnership with Grupo Kaufmann, one of Latin America's largest automotive dealership networks. This collaboration aims to revolutionize the connected car experience for dealerships across the region. With Grupo Kaufmann's extensive operations in six countries and a commitment to innovation, the partnership seeks to address the limited adoption of connected vehicles, which saw only 1.7 million projected sales in 2024. By leveraging DIMO's standardized connectivity infrastructure, Kaufmann plans to develop interoperable applications and services that will make innovative solutions more accessible and affordable for the Latin American market. The initial phase of this partnership will see Kaufmann deploying DIMO LTE devices for data collection and product development. This integration will enable the dealership to offer customers a suite of connected services, including real-time diagnostics, personalized maintenance alerts, and rewards-based loyalty programs. These enhancements are designed to elevate the standard of service and expertise provided to customers. Central to this initiative is DIMO's privacy-first data model, which allows for streamlined vehicle data connectivity with user consent, ensuring that drivers maintain control over their data while benefiting from data-driven services. As the automotive industry shifts towards connected, digital-first experiences, Grupo Kaufmann is positioning itself as a leader in Latin America. The partnership with DIMO is part of a broader strategy to innovate and promote sustainability within the automotive sector. Carlos De Martini, Corporate Digital Business Manager at Grupo Kaufmann, emphasized that transforming data into meaningful customer experiences is crucial for the future of the industry. This collaboration not only accelerates Kaufmann's digitalization strategy but also aims to establish the dealership as a hub for lifelong mobility services in the region.

Last week, the blockchain fundraising landscape witnessed a significant surge, with 26 projects collectively raising a remarkable $267 million. The standout was World Foundation, which successfully completed a $135 million public token sale aimed at creating a proof-of-personhood protocol that facilitates universal digital identification and global financial access. Following closely was Catena Labs, which secured $18 million in seed funding to develop an AI-native financial institution. Other notable projects included Roxom, True Markets, and Hyperdrive, each attracting substantial investments to enhance their innovative offerings in the blockchain space. In addition to fundraising, the week also saw notable mergers and acquisitions (M&A) that are reshaping the blockchain ecosystem. DePIN Pulse made headlines by acquiring DePIN.Ninja and Who Loves Burrito, consolidating fragmented data within the DePIN ecosystem. This strategic move aims to streamline operations and enhance data analytics capabilities. Meanwhile, Alchemy expanded its portfolio by acquiring NFT launchpad HeyMint, which provides no-code tools for NFT creation, thereby bolstering its Smart Wallets initiative. Apex Group also announced plans to acquire Tokeny, further solidifying its commitment to digital asset infrastructure. On the venture capital front, Theta Capital Management launched Theta Blockchain Ventures IV, a $175 million fund-of-funds dedicated to supporting crypto-native VCs focused on early-stage blockchain startups. This fund aims to leverage the expertise of specialist managers to navigate the evolving landscape of digital assets. Insights from industry experts highlighted a shift in crypto VC dynamics, with a focus on long-term fundamentals rather than speculative investments. As the sector continues to mature, these developments signal a promising trajectory for blockchain innovation and investment.

Acurast, a pioneering decentralized compute network based in Zug, Switzerland, has recently announced the integration of Solana Wallet support into its Android and iOS applications. This significant update aims to simplify the onboarding process for new contributors, allowing them to utilize wallets like Phantom to connect their smartphones and provide compute power while earning rewards. With this enhancement, Acurast is not only expanding its accessibility but also reaching a broader audience within the web3 ecosystem. Co-Founder Alessandro De Carli emphasized the importance of inclusivity and ease of access in decentralized computing, stating that the future must be fast and user-friendly. The core mission of Acurast is to redefine cloud computing by transforming everyday smartphones into secure, decentralized compute nodes. Leveraging Trusted Execution Environments (TEEs) found in modern mobile devices, Acurast offers a scalable and confidential compute infrastructure that operates independently of centralized data centers. With over 65,000 active phones contributing to the network and processing 250 million transactions across 130+ countries, Acurast has established itself as the world's most decentralized compute network, showcasing the potential of community-driven technology. The integration of Solana Wallets is particularly noteworthy due to Solana's reputation as a fast and cost-effective blockchain ecosystem with a growing user base. This development allows users to quickly connect their wallets to the Acurast Hub, onboard their devices in minutes, and securely provide compute resources. The latest versions of Acurast Core and Acurast Lite are now available on both the Play Store and App Store, making it easier than ever for users to join the movement towards a resilient and community-powered compute network, especially in light of vulnerabilities in traditional cloud infrastructure.

On April 11, 2025, Titan Network held a significant Community Space AMA, focusing on its roadmap progress, technical upgrades, and opportunities for builders and contributors. The session featured project announcements, comprehensive answers to community-submitted questions, and a clear outlook for the path to the mainnet. Key topics included the finalized roadmap, which outlines essential steps leading to the mainnet launch, such as the release of the technical whitepaper, tokenomics paper, exchange pre-approvals, Series A fundraising, codebase finalization, and audit processes. Titan Network is gearing up for a mainnet launch this year, emphasizing the importance of a secure, fully audited, and functionally complete rollout. The AMA also highlighted updates on Testnet 4, which is now accessible on Windows, allowing for easier node setup. Additionally, the new L1 node optimization plan promises increased rewards for compliant nodes post-mainnet. With TNT4 staking surpassing $1 million in staked tokens and a new cross-chain bridge enabling staking between Solana and Titan chain, the ecosystem is expanding rapidly. The team is also working on merging Testnet 3 and 4, although no specific date has been set yet. In terms of functionality and infrastructure, Titan's app is undergoing significant upgrades, including UI unification and intuitive node management. The team is exploring ambitious use cases, such as providing CDN infrastructure for major Web2 platforms. Future plans include attending global Web3 events and exploring partnerships in gaming and virtual worlds. The AMA also touched on tokenomics, with plans for dynamic reward adjustments, potential token burns, and governance tools post-mainnet. Community involvement is encouraged through various initiatives, including testing features, content creation, and a potential regional ambassador program, ensuring that Titan Network remains engaged with its user base.

On April 30, 2025, Crypto’s Got Talent (CGT) concluded its first phase, showcasing a groundbreaking live talent show dedicated to the Decentralized Physical Infrastructure Networks (DePIN) movement. Powered by IoTeX in partnership with Polygon Labs and ElizaOS, CGT has redefined the traditional grant process by offering enhanced visibility, transparency, and community engagement. The event garnered significant attention, with over 190,000 impressions and 40,000 live views per episode, culminating in nearly 3,000 community votes. Eleven exceptional projects have progressed to Phase 2, where they will present detailed demos for a chance to secure a $500,000 grant. CGT is not merely a talent show; it serves as a global launchpad for innovators and creators. Jing Sun, Co-Founder of IoTeX, emphasized the importance of this platform, stating that it connects real-world problems with innovative solutions. The semi-finalists, including Nubila, DeCharge, and JamGalaxy, were evaluated by prominent figures in the Web3 ecosystem, such as venture capitalists and DePIN experts. Giuseppe De Luca, Head of Developer Relations at IoTeX, highlighted the significance of developers in the Web3 landscape, noting that CGT provides them with a vital platform to transform their ideas into impactful movements. As Phase 2 approaches, live-streamed demos and in-depth Q&A sessions will allow semifinalists to showcase their projects' market fit and deployment strategies. Evaluations will focus on technical feasibility and real-world adoption potential, with input from both community members and industry leaders. With support from notable organizations like Messari and Samsung Next, CGT is poised to become a premier stage for emerging DePIN startups, fostering innovation and collaboration in the blockchain space.