Matchain Partners with io.net to Enhance AI Development in Web 3
Thursday, December 5, 2024 12:00 AM
190
Decentralized GPU compute provider io.net has announced a strategic partnership with Matchain, a decentralized AI identity layer for Web 3. This collaboration aims to enhance AI application development within the Matchain ecosystem by leveraging io.net’s GPU infrastructure. The partnership is designed to streamline the development process for Matchain developers, allowing them to focus on creating innovative applications without the complexities of managing infrastructure. Matchain, known for its AI-driven identity solutions, will utilize io.net’s decentralized computing resources to support various applications, ultimately fostering advancements in AI integrations and innovations.
The integration of io.net’s GPU infrastructure will provide Matchain users with scalable and cost-effective computing resources. By utilizing io.net’s GPU clusters, which are priced significantly lower than traditional cloud services, Matchain aims to deliver high-performance computing capabilities to its users. This partnership not only reduces costs but also enhances the speed and efficiency of AI application development. Jessie Xiao, Chief Commercial Officer of Matchain, emphasized that this collaboration empowers developers with the necessary tools to build next-generation applications while advancing the mission of AI-driven innovation in decentralized ecosystems.
Furthermore, the partnership aligns with Matchain’s goals to leverage blockchain technology for AI research. By integrating io.net’s decentralized computing model, Matchain users will benefit from on-demand GPU resources and faster payment solutions via the Solana blockchain. This collaboration is expected to provide 1.1 million users with access to advanced tools for creating innovative AI identity-based applications, including identity and data management solutions. Both companies view this partnership as a significant step forward in the AI and blockchain landscape, offering practical solutions for the advancement of decentralized AI applications.
Buy Now at
Related News
a day ago
Volkswagen Partners with Hivemapper for Real-Time Mapping in Autonomous VehiclesVolkswagen ADMT, the autonomous vehicle testing subsidiary of the carmaker, has partnered with Hivemapper’s Bee Maps to enhance its self-driving operations through real-time mapping data. This collaboration underscores the increasing reliance on crowdsourced geospatial data by autonomous ride-sharing companies, which are in search of more accurate and current mapping infrastructure. The street-level imagery collected by contributors using Hivemapper cameras will play a crucial role in validating Volkswagen's self-driving technology, particularly in improving the precision of curbside pick-ups and drop-offs.
The partnership also highlights the rise of decentralized physical infrastructure networks (DePIN), which leverage blockchain incentives to facilitate real-world data collection. Hivemapper is recognized as a leading DePIN project within the Solana ecosystem. Ariel Seidman, CEO of Hivemapper, emphasized this transition from static to dynamic mapping, stating that the effectiveness of real-world autonomy is contingent upon high-quality data that adapts as rapidly as urban environments do.
In recent months, Volkswagen's autonomous driving unit has been actively testing its 'Robotaxi' fleet and has entered into a partnership with Uber to introduce the service in U.S. markets, with pilot operations slated for late 2025 and a broader launch anticipated in 2026. Contributors to Bee Maps earn cryptocurrency rewards for their contributions, while AI technology processes the images to identify important elements such as signage, construction zones, and lane closures, ensuring that the data remains up-to-date.
a day ago
Hongik University Joins Theta Network as New Research PartnerTheta Network has announced the addition of Hongik University as the 21st academic customer of its EdgeCloud Hybrid platform. The High-Performance Data Processing & Analysis Lab at the university, led by Associate Professor Eun-Sung Jung, will collaborate with Theta as a research partner. The lab specializes in scalable computing platforms for AI, distributed systems, IoT, and cloud-native architectures, receiving support from various Korean governmental organizations and international institutions. This partnership aims to leverage Theta EdgeCloud Hybrid, the first decentralized hybrid GPU platform, to enhance research in AI model training, big data workflows, and real-time IoT systems.
Professor Jung expressed enthusiasm about the collaboration, stating that Theta’s EdgeCloud Hybrid provides a valuable resource for advancing their data-driven research. The lab will utilize high-performance and cost-effective GPU capacity, particularly the NVIDIA 3000s and 4000s series, to accelerate their work in AI/ML, big data infrastructure, and edge-based IoT analytics. The lab's research focuses on high-performance computing for AI/ML, cloud computing for big data, and IoT data analysis, aiming to solve large-scale computing challenges in both academic and industrial settings.
By joining a global network of prestigious institutions utilizing EdgeCloud Hybrid, including Stanford University and Seoul National University, Hongik University reinforces Theta’s mission to support open and scalable AI development through decentralized computing. Mitch Liu, CEO and Co-Founder of Theta Labs, highlighted the appeal of EdgeCloud due to the availability of high-performance NVIDIA A100s and H100s, as well as community-run NVIDIA 3090s and 4070s/4080s/4090s, which became accessible in the GPU marketplace on June 25. This partnership is expected to significantly advance research capabilities in AI and IoT fields.
2 days ago
Xtella.AI dNFT Premint Now Live on IoTeX Chain! 🚀Xtella.AI dNFT Premint Now Live on IoTeX Chain! 🚀
🎉Great news, Airdrop Hunters! The [Xtella.AI](https://xtella.ai/) dNFT Premint has officially launched on the IoTeX Chain! 🎉 This is your golden chance to join with zero cost, win big rewards, earn passive income, and power the AI+DePIN ecosystem!
💥Jump In Now:
Zero-Cost Entry: Just a small Gas Fee gets you a Premint dNFT, ready to mine instantly!
Lucrative Rewards: Boost Weight with tasks, stake for $XP, and score 100,000 $XP + 250 $IOTX when Grabbed.
Passive Income: Auto-stake to stack yields and mine XPIN long-term.
Community Boost: Invite 1 friend to Grab and earn 1250 $IOTX—rewards keep rolling in!
💡More details: [https://xpinnetwork.medium.com/331400b057f8](https://xpinnetwork.medium.com/331400b057f8)
💎Head to xtella.ai, connect your wallet, and Premint NOW! Slots are limited, and early birds snag the biggest gains!
Act fast! 🚀
4 days ago
Mawari Network: Revolutionizing Spatial Computing with DePIN TechnologyMawari Network is an innovative decentralized physical infrastructure network (DePIN) that aims to transform spatial computing by providing real-time, low-latency streaming of high-fidelity 3D content for augmented reality (AR), virtual reality (VR), and extended reality (XR) applications. Built on the Solana blockchain, Mawari utilizes a global mesh of GPU-powered nodes to ensure seamless delivery of immersive content to devices like Meta Quest 3 and Apple Vision Pro. Founded in 2017 by Luis Oscar Ramirez and Takeo Yatabe, the project has already established itself as a leader in the XR market with significant partnerships including KDDI, T-Mobile, BMW, and Netflix.
Recently, Mawari Network successfully raised $17.3 million from notable investors such as Anfield Ltd. and Borderless Capital. This funding will support its mission to enhance user experiences in gaming, digital twins, and fan engagement platforms like Vtubexr. The network generates an impressive annual revenue of $1.5 million through infrastructure fees and enterprise services, showcasing its robust business model and patented technology. With an upcoming mainnet launch and a Spatial Streaming SDK for developers, Mawari is poised for significant growth in the DePIN and spatial computing sectors.
In addition to its technological advancements, Mawari Network is also engaging its community through airdrop opportunities. Users can earn XR Credits and mint soul-bound XR Chips by completing social media tasks and referring friends. To participate, users need to log in with their Web3 wallet and follow specific steps outlined on the Mawari portal. This initiative not only incentivizes community involvement but also fosters a vibrant ecosystem around the Mawari Network, making it an exciting project to watch in the evolving landscape of blockchain technology and spatial computing.
5 days ago
Theta Ecosystem Expands with Major Updates and InnovationsThe Theta ecosystem is witnessing significant advancements as it gains traction across various sectors including sports, media, academia, and AI startups. In the latest June Roundup, several noteworthy developments have been highlighted. One of the major updates comes from EdgeCloud, which has launched EdgeCloud Hybrid, a decentralized GPU marketplace catering to both consumer and enterprise users. This innovation is expected to enhance the accessibility and efficiency of GPU resources within the Theta network.
In the realm of sports, the NBA's Houston Rockets have officially introduced ClutchBot, an AI-powered mascot developed with EdgeCloud technology. Additionally, Major League Soccer's Philadelphia Union has announced plans to launch a new fan app that will leverage Theta's capabilities. These initiatives signify a growing trend of integrating blockchain technology into sports, enhancing fan engagement and interaction. Furthermore, ThetaCrypto.com has opened trading for THETA and TFUEL to U.S. users, coinciding with a new marketing and trading campaign aimed at expanding its user base.
Esports continues to embrace the Theta ecosystem, with prominent organizations like Gen.G and Sheep Esports launching new AI bots on EdgeCloud. Moreover, Theta has joined Aethir's AI Unbundled Web3 x AI Alliance, further solidifying its position in the AI and blockchain intersection. AlphaCrypto has also introduced new trading analysis features powered by EdgeCloud, while EdgeCloud has added support for the DeepSeek R1 LLM. Looking ahead, the premier Theta hackathon, BlockJam, is set to take place during ThetaEuroCon in Berlin this September, promising to be a significant event for developers and enthusiasts alike.
6 days ago
The DePIN Report 2025: Transforming Infrastructure through DecentralizationThe DePIN Report 2025 offers a comprehensive analysis of the Decentralized Physical Infrastructure Network (DePIN) ecosystem, showcasing its evolution, key players, and emerging trends. Commissioned by io.net, this report emphasizes the transformative potential of DePIN in reshaping traditional infrastructure models. By leveraging token incentives and enabling permissionless participation, DePIN fosters distributed networks for computing, storage, and connectivity, thereby reducing dependence on centralized entities and promoting new ownership and governance structures.
DePIN's origins can be traced back to innovative projects like Helium and Filecoin, which demonstrated the feasibility of community-driven infrastructure. These pioneering efforts validated the concept of decentralized networks, leading to the broader DePIN movement that we see today. As the landscape has matured, DePIN has expanded across various sectors, signaling a significant shift towards open, incentivized networks. This evolution is redefining the deployment, ownership, and governance of physical infrastructure, marking a departure from centralized provisioning.
The insights provided in The DePIN Report are invaluable for stakeholders aiming to navigate this rapidly evolving sector. By consolidating data from leading DePIN projects, funding trends, and technological advancements, the report offers a detailed overview of the industry's trajectory. As DePIN continues to influence global infrastructure through decentralized coordination, understanding these dynamics will be crucial for those looking to engage with and contribute to its future development.
Signup for latest DePIN news and updates