Latest DePIN News

**Coinbase Platform IOTX Price Surges to $0.09, IoTeX Gains Momentum in DePIN Ecosystem** On December 3rd, BlockBeats reported that in the early hours of today, the price of IOTX on the Coinbase platform experienced a surge, briefly touching $0.09. Currently, prices on various mainstream trading platforms have risen to around $0.06, marking a more than 50% increase in the past 7 days. With the recent rise in popularity of the DePIN track, IoTeX, as a foundational infrastructure platform, has been actively making moves. The DePIN ecosystem season activities initiated by IoTeX have significantly increased on-chain data, with the number of monthly active addresses surpassing 120,000. DePIN and AI-related memes have attracted a large number of new users. Amid the opening up of the encryption policy by the Trump administration, projects that have been deeply cultivating the industry for many years are gradually gaining market attention. It is reported that the IoTeX team has been invited to attend a seminar organized by the Washington Blockchain Association next week. They will engage in in-depth discussions with American politicians on the compliant development and policy prospects of the Internet of Things, DePIN, and IoTeX.

DRIFE, a decentralized ride-hailing application operating on the Sui Blockchain, has announced a significant collaboration with CoinList, a platform known for token launches. This partnership aims to introduce the incentivized testnet for DRIFE's Share2Earn location data campaign. Users participating in this initiative will have the opportunity to earn digital tokens by sharing their location data while commuting through the DRIFE app. The reward system is designed to be dynamic, tracking contributions based on leaderboard standings, thus fostering community engagement and participation in the development of the platform. The collaboration between DRIFE and CoinList is a strategic move to test the Share2Earn campaign before its public rollout. This initiative not only emphasizes the importance of decentralization and community involvement but also highlights DRIFE's commitment to transparency and user empowerment. By allowing users to earn rewards while contributing to the platform's development, DRIFE aims to enhance location-based services and improve overall service quality through community feedback. Firdosh Sheikh, the Founder and CEO of DRIFE, expressed that this collaboration validates their vision for a decentralized ride-hailing ecosystem, empowering the community to shape the future of transportation. The reward tokens, which will be available on the SUI chain, will be claimable post-token generation event (TGE) with a structured unlock period. However, participation is restricted for individuals from certain jurisdictions, including the UAE, Pakistan, Russia, China, and the US, due to regulatory compliance requirements. DRIFE's goal is to disrupt traditional business models by eliminating corporate intermediaries and empowering drivers, riders, and community developers through blockchain technology.

Meta's recent release of Llama 3.2 marks a significant advancement in the fine-tuning of large language models (LLMs), making it easier for machine learning engineers and data scientists to enhance model performance for specific tasks. This guide outlines the fine-tuning process, including the necessary setup, dataset creation, and training script configuration. Fine-tuning allows models like Llama 3.2 to specialize in particular domains, such as customer support, resulting in more accurate and relevant responses compared to general-purpose models. To begin fine-tuning Llama 3.2, users must first set up their environment, particularly if they are using Windows. This involves installing the Windows Subsystem for Linux (WSL) to access a Linux terminal, configuring GPU access with the appropriate NVIDIA drivers, and installing essential tools like Python development dependencies. Once the environment is prepared, users can create a dataset tailored for fine-tuning. For instance, a dataset can be generated to train Llama 3.2 to answer simple math questions, which serves as a straightforward example of targeted fine-tuning. After preparing the dataset, the next step is to set up a training script using the Unsloth library, which simplifies the fine-tuning process through Low-Rank Adaptation (LoRA). This involves installing required packages, loading the model, and beginning the training process. Once the model is fine-tuned, it is crucial to evaluate its performance by generating a test set and comparing the model's responses against expected answers. While fine-tuning offers substantial benefits in improving model accuracy for specific tasks, it is essential to consider its limitations and the potential effectiveness of prompt tuning for less complex requirements.

As November comes to a close and December 2024 approaches, investors are increasingly focusing on portfolio rebalancing and exploring new altcoin opportunities. The Decentralized Physical Infrastructure Network (DePIN) narrative is gaining traction, making it a significant sector to monitor. BeInCrypto has highlighted five top DePIN altcoins to watch in December, including Filecoin (FIL), Arweave (AR), Grass (GRASS), io.net (IO), and NetMind Token (NMT). Filecoin (FIL) leads the pack with a market capitalization of $3.44 billion. Despite experiencing a decline in value during the second and third quarters, Filecoin has rebounded strongly, with a 56.22% price increase over the last month. Currently, the price momentum is positive, suggesting potential growth to $6.50 in early December. However, if the momentum shifts bearish, it could drop to $4.96. Arweave (AR) follows closely, having increased by 20.98% in the past week, currently priced at $21.13. The altcoin is facing resistance at $22.05, but if it breaks through, it could reach $24.57. Grass (GRASS) has made headlines with a remarkable 300% increase in October, now priced at $3.48. If it maintains its bullish trend, it may surpass $3.90 and potentially reach $5. io.net (IO), known for being the largest decentralized AI computing network, has seen a 65.13% price increase, currently trading at $2.93. If the bullish trend continues, it could exceed $4. Lastly, NetMind Token (NMT) has surged by 76.10% recently, currently priced at $3.76, with a potential rise above $5 in December if bullish momentum persists. However, profit-taking could lead to a decrease to $2.72. Investors should remain vigilant as market conditions are subject to rapid changes.

In a significant development within the blockchain and AI sectors, Stratos has announced a strategic partnership with Tatsu, a pioneering decentralized AI crypto project operating within the Bittensor network and TAO ecosystem. Tatsu has made remarkable strides in decentralized identity verification, leveraging advanced metrics such as GitHub activity and cryptocurrency balances to create a unique human score. This innovative approach enhances verification processes, making them more reliable and efficient in the decentralized landscape. With the upcoming launch of Tatsu Identity 2.0 and a new Document Understanding subnet, Tatsu is set to redefine the capabilities of decentralized AI. The partnership will see Tatsu integrate Stratos’s decentralized storage solutions, which will significantly bolster their data management and security protocols. This collaboration is not just a merger of technologies but a fusion of expertise aimed at pushing the boundaries of what is possible in the decentralized space. By utilizing Stratos’ robust infrastructure, Tatsu can enhance its offerings and ensure that its identity verification processes are both secure and efficient. This synergy is expected to foster innovation and growth within the TAO ecosystem, opening doors to new applications for Tatsu’s advanced technology. As both companies embark on this journey together, the implications for the blockchain community are substantial. The integration of decentralized storage with cutting-edge AI solutions could lead to transformative changes in how identity verification is conducted in various sectors. This partnership exemplifies the potential of combining decentralized technologies with AI to create more secure, efficient, and innovative solutions, setting a precedent for future collaborations in the blockchain space.

**DIMO Shifting Gears in the Automotive Industry** DIMO is making significant strides in the automotive technology sector by adding over 115,000 cars to the world's first open mobility network. The company is focused on paving the way for a smarter, more connected car future. With upcoming game-changing releases, strategic partnerships, and innovative campaigns, DIMO aims to redefine the concept of car ownership and enhance the driving experience for the 1.5 billion cars currently on the road. What's on the Horizon The recent overhaul of the logo, app, and website is just the beginning. DIMO is gearing up to unveil a series of major product launches, partnerships, driving competitions, and giveaways throughout the winter, signaling a new chapter for the company. The introduction of the Global Accounts system represents a significant upgrade, offering a user-friendly alternative to traditional blockchain wallets. This system acts as a gateway to a range of car apps, fostering enhanced interoperability within the auto industry. To experience this innovation, users can download the DIMO Mobile app. The Arrival of Next-Gen Technology DIMO is also introducing the next generation LTE R1 device, with preorders set to commence shipping on Monday. This device boasts affordability, compactness, easy installation, reliable LTE connectivity, and expanded compatibility with a wider range of vehicles within the DIMO network. For a limited time, customers can avail of a special offer using code D2ISHERE to purchase one device and get another at a 50% discount. Driving Mass Adoption and Everyday Value As the next billion users embrace cryptocurrency, DIMO is positioned as a key player offering a real-world use case that enhances daily life. By integrating blockchain technology into the automotive sector, DIMO aims to streamline the user experience and seamlessly incorporate crypto solutions into everyday commuting. Looking ahead to 2025, expect to see exciting collaborations aimed at propelling the industry forward and setting new standards for consumer apps in the web3 era. The Future of Car Ownership DIMO drivers are at the forefront of shaping the future of car ownership. The company invites individuals to join and participate in this transformative journey, offering opportunities to earn rewards. To stay updated on partner announcements, new product launches, and chances to win prizes, explore the D2 Era.

In a recent discussion hosted by Render Foundation Spaces on X, Jules Urbach, CEO of OTOY and founder of Render Network, provided insights into the groundbreaking achievements facilitated by their collaborative technology during the production of "765874 Unification," a short film celebrating the 30th anniversary of Star Trek. Urbach emphasized how Render Network is revolutionizing digital content creation, enabling creators to explore new frontiers in film, art, and storytelling. The film's production showcased the potential of Render Network to democratize high-quality content creation, allowing for impressive visual effects without the need for exorbitant budgets. One of the highlights of the conversation was the innovative use of machine learning (ML) to enhance traditional filmmaking processes. Urbach noted that while OTOY has a long history of utilizing digital doubles and face replacement, advancements in technology allowed them to significantly reduce labor hours. The integration of AI streamlined the modeling of actors' faces, eliminating the need for cumbersome facial markers. This not only expedited the production process but also empowered artists to focus more on storytelling rather than technical challenges, showcasing how AI and GPU rendering can transform the creative landscape. Looking ahead, Render Network is set to release new tools and integrations, particularly as Black Friday approaches. Plans include integrating AI tools into 3D creation workflows and expanding support for holographic rendering. Urbach's vision remains clear: to provide creators with the resources they need to tell compelling stories. The success of "Unification" serves as a testament to the innovative spirit of Render Network, paving the way for future creators to push the boundaries of what is possible in digital content creation.

The meme coin market is currently experiencing significant volatility, with established players like Popcat (POPCAT) facing intense competition from newcomers such as 1900Rugrat (RUGRAT). As these tokens vie for dominance, RUGRAT is attracting attention with its promise of 1000x returns, while POPCAT is struggling to maintain its market position. After a notable rally to $2 in November, POPCAT has seen a 40% correction, dropping to $1.20. This critical support level will determine its future trajectory; a rebound could see it rise to the $1.40–$1.60 range, but a break below $1.20 may lead to further declines. In contrast, 1900Rugrat (RUGRAT) has made headlines with its explosive growth, achieving a staggering 1000% gain shortly after its launch on Raydium. This success can be attributed to its innovative features, including deflationary tokenomics, staking rewards, and NFT integrations. RUGRAT's unique approach to community engagement has made it a favorite among both retail investors and larger stakeholders, highlighting a shift in the meme coin market towards tokens that offer real utility and engagement rather than mere hype. As the competition heats up, the future of both tokens will depend on their ability to adapt and innovate. For POPCAT, maintaining the $1.20 support level and breaking through resistance at $1.40–$1.60 is crucial for regaining upward momentum. Meanwhile, RUGRAT's rapid growth and innovative features position it well for continued success. The ongoing battle between these two tokens reflects broader trends in the meme coin market, emphasizing the importance of community, utility, and innovation in driving long-term success. Investors should closely monitor both tokens as they navigate this evolving landscape.

The Hivemapper Foundation has recently formed a strategic partnership with Kamino and Jito Labs to launch the HONEY-JitoSOL liquidity treasury incentive plan. This initiative comes at a time when many investors in the cryptocurrency market are still engaged in zero-sum games, while decentralized physical infrastructure networks (DePIN) are paving new avenues for value creation. The rapid advancement of Web3 technology is facilitating a deep integration of DePIN and decentralized finance (DeFi), which is reshaping the blockchain industry's landscape. This integration promises to enhance the liquidity of physical assets and foster substantial innovation across the blockchain ecosystem. Hivemapper, a decentralized mapping network operating on the Solana blockchain, has made significant strides since its inception in November 2022, mapping 29% of the world’s roads within two years. Utilizing innovative “Bee” dashcam devices and AI technology, Hivemapper captures over 28 million kilometers of street-level imagery monthly, outpacing Google Street View by five times. The project has garnered investments from notable institutions, including A16Z and Binance, and has established partnerships with global mapping giants. The HONEY token incentivizes user participation in data collection, addressing challenges in developing high-precision maps through a unique AI+DePIN model. The newly launched liquidity solution on the Orca trading platform offers up to $17,000 in rewards for HONEY token liquidity providers. It features automated transaction fee income, smart rebalancing, and professional analysis tools to help users navigate risks. The market response has been overwhelmingly positive, with the HONEY-JITOSOL liquidity pool achieving a Boosted APY of 36.02% and a total value locked (TVL) exceeding $500,000 shortly after launch. This innovative cooperation not only highlights the potential of integrating DePIN with DeFi but also sets a precedent for future developments in the blockchain space, demonstrating how decentralized finance can empower the real economy and create new opportunities for users.

Google has officially launched Imagen 3, its latest text-to-image AI model, five months after its initial announcement at Google I/O 2024. This new iteration promises to deliver enhanced image quality with improved detail, better lighting, and fewer visual artifacts compared to its predecessors. Imagen 3 is designed to interpret natural language prompts more accurately, allowing users to generate specific images without the need for complex prompt engineering. It can produce a variety of styles, from hyper-realistic photographs to whimsical illustrations, and even render text within images clearly, paving the way for innovative applications such as custom greeting cards and promotional materials. Safety and responsible use are at the forefront of Imagen 3's development. Google DeepMind has implemented rigorous data filtering and labeling techniques to minimize the risk of generating harmful or inappropriate content. This commitment to ethical standards is crucial as generative AI technology becomes increasingly integrated into various industries. Users interested in trying Imagen 3 can do so through Google’s Gemini Chatbot by entering natural language prompts, allowing the model to create detailed images based on their descriptions. Despite its advancements, Imagen 3 does have limitations that may affect its usability for some professionals. Currently, it only supports a square aspect ratio, which could restrict projects requiring landscape or portrait formats. Additionally, it lacks editing features such as inpainting or outpainting, and users cannot apply artistic filters or styles to their images. When compared to competitors like Midjourney, DALL-E 3, and Flux, Imagen 3 excels in image quality and natural language processing but falls short in user control and customization options. Overall, while Imagen 3 is a powerful tool for generating high-quality images, its limitations may deter users seeking more flexibility in their creative processes.