Web3Bay: A New Contender in the Decentralized E-commerce Space

The Consensus Hong Kong 2025 event marked a significant milestone for the city, establishing it as a vibrant hub for Web3, blockchain, and cryptocurrency. This was the first time the event was held in Hong Kong and the first occurrence outside the US in five years. The conference, organized by CoinDesk, attracted industry leaders and innovators to discuss the evolving regulatory landscape and the institutional adoption of digital assets. With Hong Kong officially recognizing Bitcoin and Ethereum as proof of wealth, the city is positioning itself as a global crypto leader, emphasizing Asia's growing influence in shaping global crypto regulations. Terri MechKenna, a Humanoid Resources Intern, represented Auki at the event, showcasing the company's commitment to advancing robotics and AI in the blockchain space. Terri's experience included navigating the bustling convention hall, engaging with attendees, and participating in various meetups, including Sui Connect, which brought together Web3 enthusiasts. His interactions highlighted the importance of networking in the rapidly evolving tech landscape. Despite the challenges of mobility in crowded environments, Terri successfully showcased Auki's vision for decentralized machine perception and spatial computing. As Consensus concluded, the discussions emphasized the need for regulatory clarity to foster blockchain adoption in Hong Kong and beyond. The potential for Hong Kong to rival other global crypto hubs like Dubai and Singapore is becoming increasingly evident. With China's leadership in robotics manufacturing, the integration of Web3 technologies could enhance the industry's capabilities. Auki's mission to build a decentralized network for machine perception aligns with the broader goal of improving collaboration between humans and AI, paving the way for a more interconnected future in the digital landscape.

On March 7, 2025, BYDFi, a prominent global cryptocurrency exchange, announced the launch of two new trading pairs: ROAM/USDT and RED/USDT. This expansion aims to enhance investment opportunities for traders by introducing Roam (ROAM) and RedStone (RED), both of which are pivotal projects in the Web3 infrastructure sector. Roam focuses on creating a decentralized global WiFi roaming network, covering over 190 countries and connecting 4.5 million WiFi hotspots. With more than 2.3 million registered users, Roam has established itself as a leader in Decentralized Physical Infrastructure (DePIN) and has secured over $10 million in funding from notable investors, including Anagram and Samsung Next. Roam's innovative approach leverages advanced technologies such as OpenRoaming and eSIM to facilitate seamless global WiFi connectivity. It emphasizes user privacy and security through Decentralized Identity and Verifiable Credentials (DID+VC). Additionally, Roam employs AI algorithms to optimize network resources, thereby improving connection stability and bandwidth efficiency. The native governance token, $ROAM, incentivizes users to contribute to the network, currently priced at $0.3951 with a significant trading volume increase. On the other hand, RedStone is a modular decentralized Oracle that enhances data transmission for DeFi applications across more than 70 blockchain networks. Its unique design allows for efficient data retrieval and robust security, making it a strong competitor in the Oracle space. RedStone recently completed a $15 million Series A funding round and supports over 130 DeFi projects. The native utility token, $RED, is currently priced at $0.6016, reflecting a remarkable surge in trading activity. BYDFi continues to expand its offerings, now supporting over 600 cryptocurrencies and introducing exclusive rewards for its users as part of its ongoing commitment to provide a top-tier trading experience.

In the fourth quarter of 2024, io.net experienced remarkable growth, with revenue surging by 565% quarter-over-quarter, reaching an all-time high of $3.1 million. This significant increase was driven by three consecutive months of record-breaking monthly revenue, which also contributed to an annualized revenue rate of $12.5 million. Additionally, the market capitalization of IO, the native token of io.net, doubled from $187.3 million in Q3 to $375.6 million in Q4, reflecting a 48% increase in token price and a 36% rise in circulating supply. Despite a decrease in the daily median number of verified GPUs and CPUs, io.net maintained a robust operational framework, averaging 7,600 verified GPUs and 1,200 CPUs per day. The decentralized network of io.net, designed to provide scalable and efficient access to compute resources, has also formed 13 new partnerships aimed at leveraging its infrastructure for various applications, including AI agents and identity management solutions. Notably, io.net's collaboration with Dell Technologies integrates its decentralized GPU compute network with Dell's hardware, enhancing the capabilities for enterprises needing scalable GPU clusters for complex workloads. Furthermore, partnerships with organizations like Zerebro and OpenLedgerHQ showcase io.net's commitment to enhancing Ethereum validator operations and combining blockchain-secured datasets with decentralized compute resources, respectively. Looking ahead, io.net's emission schedule for the IO token projects the distribution of 9.3 million IO to GPU and CPU workers in the first quarter of 2025, with an average of 103,000 IO emitted daily. The network's stringent hardware requirements and hourly Proof-of-Work verification process ensure the authenticity and performance of its decentralized compute resources. As io.net continues to expand its partnerships and enhance its infrastructure, it solidifies its position as a leading platform in the decentralized computing landscape, catering to the growing demands of AI and machine learning applications.

The cryptocurrency market is in a state of constant evolution, with new projects emerging to capture the attention of traders. Among the established players, Solana (SOL) has maintained a robust position; however, it is now facing competition from a promising newcomer: Coldware (COLD). Coldware has garnered significant interest from Solana traders following a successful presale that lasted 14 days. This project, which focuses on decentralized finance (DeFi) solutions through its DePIN-based (Decentralized Payment Infrastructure Network) platform, is attracting both retail and institutional investors, highlighting a growing fascination with its innovative technology. While Solana is primarily recognized for its speed and scalability, Coldware aims to provide practical, secure, and efficient financial solutions through a Web3 mobile application. This unique approach addresses the needs of a decentralized financial ecosystem, making it particularly appealing to Solana traders who are in search of stability and growth. As Coldware continues to gain traction, it is becoming a viable alternative for those looking to diversify their investments in the ever-changing crypto landscape. As the competition heats up, Solana traders are increasingly considering Coldware as a serious investment opportunity. The impressive presale performance of Coldware positions it as a potential leader in the DeFi space, with the possibility of overtaking Solana if it maintains its current momentum. While Solana is expected to remain a dominant force in the blockchain sector, Coldware's focus on real-world applications and decentralized finance could see it rise rapidly in both price and adoption, making it a noteworthy contender in the cryptocurrency market.

Hivello Holdings Ltd has announced its integration with the Nosana network, a significant move aimed at enhancing passive income opportunities for users leveraging GPU resources. This partnership is particularly timely, given the increasing demand for decentralized GPU power driven by the rapid growth of generative AI applications. Justin Rosenberg, CEO of Blockmate Ventures, emphasized that this integration will not only fill a critical supply gap in decentralized computing but also boost GPU node participation, allowing users to earn higher yields on their investments. The collaboration with Nosana positions Hivello to tap into one of the most lucrative decentralized physical infrastructure networks (DePIN) for GPU-based compute. Users can now contribute their idle GPU power to support AI model training and software development, thereby maximizing their earnings. This integration simplifies the process for users, enabling them to connect their resources effortlessly and benefit from the burgeoning decentralized ecosystem without needing extensive technical knowledge. Domenic Carosa, Co-Founder and Chairman of Hivello, highlighted the transformative potential of decentralized infrastructure, stating that the integration with Nosana is a step toward making GPU-powered computing more accessible and scalable. As Hivello continues to expand its offerings, it aims to empower users to participate in the DePIN landscape and reap the rewards of their contributions. This strategic move not only enhances earning opportunities but also supports the growth of decentralized applications, positioning Hivello at the forefront of the evolving tech landscape.

Blockmate Ventures has announced a significant integration between its investee, Hivello Holdings, and the Nosana network, aimed at enhancing passive income opportunities for users. This collaboration focuses on utilizing GPU-based compute resources, which are in high demand for Artificial Intelligence (AI) and software development. Nosana is recognized as one of the leading platforms in the Decentralized Physical Infrastructure Networks (DePIN) space, allowing Hivello users to contribute their idle GPU power to a decentralized ecosystem. This partnership is expected to increase GPU node participation and provide users with automated earning opportunities through compute aggregation. According to Domenic Carosa, Co-Founder and Chairman of Hivello, this integration marks a pivotal step towards making GPU-powered computing more accessible and rewarding. The partnership with Nosana not only enhances earning potential for users but also supports the growth of decentralized infrastructure. As generative AI applications continue to gain traction, the demand for decentralized GPU power is expected to rise, making this integration timely and beneficial for Hivello users seeking higher yields from their GPU resources. The integration with Nosana is set to create a new passive income stream for GPU owners, further positioning Hivello within the expanding AI infrastructure market. With the automated compute aggregation capabilities now enhanced, users can easily connect their idle GPU power and maximize their earnings while contributing to the infrastructure that supports AI model training and software development. This strategic move aligns with Hivello's mission to simplify participation in DePIN networks, making it easier for anyone to earn passive income without needing extensive technical knowledge.