Lava Network Launches Public Mainnet with $2M Incentive Pools
Tuesday, July 30, 2024 3:35 PM
88
Lava Network has launched its public mainnet with $2 million in incentive pools from supported ecosystems, attracting high-quality infrastructure providers like Google Cloud. The mainnet debut features the community-first launch of the LAVA token, aiming to increase decentralization and participation. With support from Filecoin Network, Starknet Foundation, and Cosmos Hub, Lava Network focuses on providing quality nodes to boost interoperability and network reliance. Illia Polosukhin, Co-Founder of NEAR Protocol, praised Lava Network for decentralizing the NEAR RPC layer and improving the experience for developers and users.
Related News
a day ago
Helium's HNT Token Surges on Growing Mobile Subscribers and Technical AnalysisHelium's native token (HNT) has surged by over 18% in the past week, outperforming many other cryptocurrencies. The rise in price is attributed to the growth in Helium's mobile subscribers, which now exceed 112,000. This surge follows a 40% spike in price just two months ago when the subscriber coun
a day ago
Key Updates in the Crypto MarketBitcoin price drops to $55,711.26 as Arthur Hayes predicts it could fall below $50K amid market turmoil. Worldcoin CEO Alex Blania reveals plans for global expansion following Facebook's model. Injective launches the 'First Ever' tokenized index for BlackRock's BUIDL Fund, allowing users to take lon
a day ago
Exploring Promising DePIN Altcoins: Render and OriginTrailDePIN, with a market value of around $20 billion, is a rapidly growing sector in the crypto space. Despite the sector's fast expansion, there are still promising opportunities available. Here are three DePIN altcoins worth considering:
1) Large Cap: Render ($RENDER)
Render is a major DePIN project
a day ago
Theta Labs Partners with Seoul Women's University to Boost AI Research with Decentralized GPU Computing PowerTheta Labs has partnered with Seoul Women's University to provide its AI research lab access to Theta EdgeCloud's decentralized GPU computing power. This collaboration aims to enhance AI research in healthcare, bioinformatics, and finance by reducing costs and boosting computational power. Theta Edg
a day ago
DePIN Alliance: Exploring the Future of Real-World Assets at TOKEN2049 SingaporeDePIN Alliance presents 'Where DePIN, AI & IP Converge into RWA' at TOKEN2049 Singapore, focusing on Real-World Assets (RWA) with top industry players like JDI Ventures and Chain Capital. The event offers networking opportunities with venture capitalists and features experts discussing the market tr
2 days ago
Empowering Communities Through Decentralized Energy InfrastructureTransitioning to a zero-emissions economy is crucial for our survival, with renewable energy sources playing a key role. Unlike fossil fuels, renewables rely on the sun and wind, requiring a shift in how we consume energy. To achieve net-zero emissions quickly, we must involve end consumers in the e