DePIN Day 2023: A Global Gathering for Decentralized Physical Infrastructure

Filecoin (FIL) has recently launched its Onchain Cloud platform in Buenos Aires, marking a significant advancement in the realm of decentralized cloud infrastructure. This launch is a crucial step towards enhancing Filecoin’s decentralized storage capabilities, transforming them into a fully verifiable and programmable cloud service. The unveiling occurred during DePIN Day 2025, an event organized by the Filecoin Foundation and FilOz, which attracted nearly 300 attendees and generated substantial interest, with the launch video receiving 430,000 impressions. This highlights the growing significance of decentralized technology in today's digital landscape. The Filecoin Onchain Cloud platform integrates essential cloud functions such as storage, retrieval, and payments directly on the blockchain. Built on the world's largest decentralized storage network, it aims to provide programmable, verifiable, and ownable services. Prior to the launch, the FIL Dev Summit 7 served as a collaborative space for builders, researchers, and ecosystem leaders to discuss the future of the network. The summit featured discussions on the new composable onchain services, including Filecoin Beam and Filecoin Pay, and explored improvements to support diverse use cases, particularly in AI integration and web payment standards. In addition to the launch and summit, the Code N’ Corgi event allowed builders to engage hands-on with the latest tools from the Filecoin Onchain Cloud. Participants were able to explore live demos and interact with engineers, deepening their understanding of the platform's capabilities. Looking forward, Filecoin is committed to scaling its initiatives within the Web3 landscape, focusing on developer onboarding and enhancing community participation. The network's strategic alignment of economic, funding, and governance efforts aims to ensure that advancements benefit the entire ecosystem as it moves into 2026 and beyond.

In the evolving landscape of cryptocurrency, DePIN (Decentralized Physical Infrastructure Network) emerges as a groundbreaking concept that aims to connect physical hardware devices through decentralized networks. By integrating cryptocurrency rewards, DePIN incentivizes network participants, allowing devices to operate autonomously for various purposes, such as GPU computing and global bandwidth infrastructure. This innovative approach combines blockchain and IoT technologies, positioning DePIN as a pivotal bridge between the digital and physical realms, thereby enhancing the status of cryptocurrencies as essential resources in the tech ecosystem. The core philosophy of DePIN revolves around democratizing technology to rival centralized solutions. Participants who contribute hardware to the network can earn cryptocurrency rewards, fostering a collaborative environment. Helium, a pioneer in this domain, launched a decentralized wireless network in 2019, inspiring subsequent projects to develop infrastructure solutions for 5G networks and environmental monitoring. IO.NET is a notable example, designed as a decentralized GPU network that connects providers of computing power with users, optimizing costs and accessibility compared to traditional cloud services. This model addresses the rising demand for AI processing, capitalizing on the vast pool of unused GPU resources globally. IO.NET's offerings, including the IO Worker product, emphasize user-friendly interfaces and real-time monitoring capabilities for connected devices. Additionally, the introduction of the IO.NET GPU worker NFT allows users to own a share of physical GPU devices, simplifying participation in the DePIN ecosystem. This innovative approach, termed "DePIN as a Service," aims to lower entry barriers for users, fostering greater engagement in the DePIN landscape. As the market for decentralized infrastructure continues to grow, projects like IO.NET are positioned to play a crucial role in shaping the future of cryptocurrency and AI applications.

The U.S. Securities and Exchange Commission (SEC) has issued a no-action letter to Fuse Crypto Limited, the developer behind Fuse Energy, a decentralized physical infrastructure network (DePIN) project built on the Solana blockchain. This letter provides essential regulatory clarity, confirming that the project's native FUSE token, also known as the ENERGY token, does not require registration as a security under U.S. securities laws, provided it is offered and sold according to the specifications outlined in Fuse's application. Fuse Energy incentivizes users to engage with a decentralized energy grid through its mobile app, allowing users to earn FUSE tokens by performing tasks such as reducing energy consumption during peak hours and generating solar power. The SEC's decision marks a significant shift towards a more crypto-friendly regulatory environment under the leadership of new Chairman Paul Atkins and Commissioner Hester Peirce. Legal experts highlight that no-action letters serve as a form of regulatory cover, assuring projects that they will not face immediate enforcement actions for potential securities violations. The DePIN sector, valued at over $24 billion, views this as a potential blueprint for utility tokens linked to real-world actions, with Fuse's token design focusing on consumptive use rather than speculation. This approach aligns with SEC expectations and could enhance the adoption of green energy initiatives. In another development, Rekt Brands Inc., the company behind the crypto-native beverage Rekt Drinks and its $REKT token, has announced a $2 million partnership with GameSquare Holdings, the parent company of esports giant FaZe Clan. This partnership will prominently feature Rekt branding on FaZe Clan's esports jerseys, marking a strategic entry into gaming culture. GameSquare will utilize its extensive media network to promote Rekt Drinks and the $REKT token, further integrating gaming with crypto. This collaboration aims to enhance Rekt's visibility in the esports domain, potentially increasing engagement with younger audiences. CEO Ovie Faruq emphasized the partnership's goal of expanding Rekt's community-driven movement globally through gaming connections.

IoTeX has officially launched ioID, the world’s first on-chain identity solution specifically designed for smart devices. This innovative protocol addresses the growing need for secure and verifiable identities in the rapidly expanding market of smart devices, which are projected to outnumber humans by 2030. ioID empowers decentralized physical infrastructure networks (DePIN) to authenticate devices, safeguard data, and facilitate next-generation applications within a user-owned ecosystem that is compatible with any blockchain. This breakthrough is poised to revolutionize identity management for smart devices, allowing them to achieve self-sovereignty through smart contract wallets and private keys. The ioID protocol introduces several key features that set it apart from traditional identity management systems. Firstly, it grants devices their own sovereign identity, enabling them to engage in on-chain activities independently of centralized intermediaries. Secondly, ioID's omnichain compatibility allows it to function across various blockchain platforms, making it suitable for a wide range of DePIN applications, from energy networks to smart wearables. Additionally, the protocol is designed to be tamper-proof and programmable, fostering innovation and interoperability among devices. Since its testing phase began in early 2024, ioID has been integrated with over ten DePIN projects, including GEODNET and Network3. This integration allows IoTeX to refine ioID into a standardized solution that meets the diverse needs of developers in the DePIN space. According to IoTeX Co-founder and CEO Raullen, ioID bridges the gap between the physical and digital worlds, making trust and programmability core features of device interactions with blockchains. As a significant milestone for IoTeX, the launch of ioID not only enhances device ownership and control but also unlocks new opportunities in the DePIN sector, reinforcing the platform's commitment to a more transparent and fair digital ecosystem.

As Streamr embarks on a transformative journey, it reaffirms its commitment to the foundational principles of Web3, emphasizing user empowerment over corporate control. Streamr Network is poised to play a pivotal role in secure and private video streaming, with the launch of Streamr Beta scheduled for early 2026. This innovative platform will offer a highly secure video conferencing solution, making it challenging for malicious actors to compromise private meetings. The development process has already seen the successful rollout of MVP1 and MVP2, incorporating essential features like chat, payments, and recordings, while the next phase focuses on establishing a multi-broadcast architecture tailored for secure communications. The demand for privacy and security solutions has surged, driven by recent incidents involving major platforms like Google Meet and Zoom, which have raised concerns about data privacy and security. Users are increasingly seeking platforms that guarantee confidentiality and protect against data harvesting and AI-driven threats. Streamr Beta is designed to address these needs with a serverless, decentralized, and fully peer-to-peer architecture that offers quantum-resistant end-to-end encryption by default. This approach aims to set a new standard for secure video conferencing, ensuring that users can communicate without fear of surveillance or data breaches. To ensure the long-term utility of the $DATA token, Streamr is transitioning to a revenue-generating model, introducing a paid subscription tier alongside its free offerings. This strategy aims to strengthen the project's sustainability and enhance the overall health of the $DATA ecosystem. The company is also fostering community involvement through a new Community Subcommittee, which will guide decision-making and enhance transparency. As Streamr prepares for this exciting phase, it is focused on building demand, driving adoption, and solidifying its position as a leader in decentralized video communication, with a clear roadmap for the upcoming year.

The Decentralized Physical Infrastructure (DePIN) industry, valued at $31 billion, is increasingly reliant on data as its core element. This sector encompasses various applications, including wireless devices, decentralized mapping, and oracle networks, all of which utilize data as both a product and a payload. The concept of 'DePIN for data' aims to create a more efficient data marketplace, reducing bottlenecks in the traditional internet framework. Protocols like Pocket Network exemplify how a user-owned data plane can operate, providing decentralized data services at the network's edges. 'VePIN for data' encompasses the entire lifecycle of data, including its production, transfer, verification, and payment across various verticals. This innovative approach monetizes the pathways that generate and deliver data, transforming the data plane into a marketplace characterized by transparency and auditability. Unlike conventional API aggregation, the DePIN marketplace ensures that all work proofs are recorded on-chain, facilitating seamless payouts and enabling performance benchmarking across suppliers. Data relays play a crucial role in coordinating work, routing tasks, and compensating for accurate outputs, thereby curating the data pipelines essential for data production and delivery. Pocket Network serves as a pivotal case study within the 'DePIN for data' ecosystem. Launched in 2020, it has successfully provided data to over 50 blockchain networks, processing billions of relays daily. The protocol operates on a pay-for-work model using its POKT token, which incentivizes independent node operators to maintain high data quality. Pocket's architecture supports multi-chain RPCs and various data services, ensuring reliability and accessibility. As the DePIN landscape evolves, Pocket Network is paving the way for a decentralized future in data services, minimizing risks associated with centralized infrastructures and empowering users to control their data environments effectively.