Latest DePIN AI News

The 'AI+DePIN Technology and Application Summit', hosted by AIConnect and co-organized by JuCoin, successfully concluded in Ho Chi Minh City, marking significant progress in the integration of AI and DePIN technologies. The event featured speeches from industry leaders, including Tony Tong, President of the Hong Kong Blockchain Association, who emphasized the revolutionary impact of AI+DePIN on various industries. James, a board member of Exor Digital Holdings, introduced JuCoin Exchange, a platform dedicated to financial freedom and technological innovation. Andrew Wilson, co-founder of JuCoin Labs, highlighted their role in advancing blockchain technology and the Web3 ecosystem. Jonathan Frank, CMO of AIConnect, presented AIConnect as a decentralized computing network, aiming to lead the AI computing and blockchain industry into a new era. Alexx, AIConnect Community Ambassador, shared insights on the future of computational power and AI services. The summit showcased the potential of AI and DePIN integration to drive innovation and development in the fintech industry.

Binance Launchpool introduces IO.NET, a decentralized AI computing and cloud platform, with staking options for BNB and FDUSD to earn IO tokens. The token will be listed on Binance with various trading pairs and a seed tag. Users must complete KYC for staking, and rewards will be calculated hourly, with real-time updates on APY and pool balances. Binance BNB Vault and Locked Products will support the Launchpool, and users can unstake funds without delay. Participation is subject to eligibility based on the user's country of residence.

DePIN, a decentralized physical infrastructure network, is reshaping the future of computing power by offering a democratic and cost-effective solution to everyday challenges. The peer-to-peer infrastructure allows for efficient distribution of computing resources and rewards users for their contributions. DePIN projects like StorX Network, Drife, Helium Network, and Healthblocks are revolutionizing various industries, including transportation, water supply, energy, communication systems, financial services, healthcare, and defense. Aten Krotos and Arthava's Zero-knowledge Artificial General Intelligence (ZkAGI) project, built on DePIN, addresses privacy concerns in AI by combining Zero Knowledge and DePIN technologies. ZkAGI, an open-source framework, facilitates secure and private AI computation on a decentralized network, incentivizing participants to contribute to a privacy-focused AI ecosystem.

Aethir, a decentralized GPU-as-a-Service platform, has been analyzed in a new report by Mythos Research and CMC Research. The report delves into Aethir's technology, partnerships, and market position in Decentralized Physical Infrastructure Networks (DePIN). Aethir aims to connect GPU providers with consumers in AI, gaming, and virtual computing. It boasts a $24 million GPU infrastructure across 13 countries, serving as a marketplace for aggregated GPU resources. The platform's diverse network allows for efficient pooling and utilization of distributed computing resources, highlighting its potential in the decentralized infrastructure market.

The MetaCannes Film3 Festival, a collaboration between Theta Network and The Squad, concluded on May 25, 2024, offering a tech-forward and inclusive cinematic experience. The event featured world premieres, live streaming, and a focus on empowering underrepresented voices in the film industry. Sian Morson, founder of The BlkChain, curated a Short Film Block highlighting BIPOC voices, while Herflix sponsored a women-focused content feed and hosted the Better World Foundation gala. Swan Sit, known as the 'Queen of Clubhouse,' hosted the Herflix gala, which was attended by notable figures such as Juliette Binoche and Lang Lang. The festival introduced the Next Wave of Cinema Awards, with 'FREE FALL' winning the Grand Jury Golden Wave Award and 'FALLING FROM GRACE' receiving the Special Jury Prize for AI Cinema. MetaCannes emphasized AI's role in filmmaking through its MetaCannesNEXT segment, showcasing AI's impact on storytelling and distribution. Attendees enjoyed exclusive screenings of award-winning short films and new works by innovative filmmakers. Powered by Theta Network's NFT-based digital rights management, the festival provided a secure and transparent platform for film access. The event also launched exclusive NFT passes, enhancing the viewer experience with blockchain technology and offering access to creators in a token-gated Discord channel.

Nosana, a decentralized open-source compute network, has partnered with Matrix One, a decentralized AI character protocol, to democratize AI character creation. Nosana provides affordable access to GPUs, which will be used by Matrix One for computational research and development. This collaboration will enhance Matrix One's ecosystem, enabling the creation of more advanced AI avatars. The partnership aims to test Nosana's platform capabilities and explore future integrations to enhance capabilities and services. Both Nosana and Matrix One are committed to innovation and the growth of decentralized computing solutions and AI models.

SNPad, a Web3 platform that pays viewers for watching commercials, is set to list its token on Uniswap on June 4, 2024. The platform uses AI and blockchain to deliver personalized ads to households, offering a more engaging and targeted advertising experience. Users can earn up to 70% of ad revenue in SNPAD tokens. SNPad aims to revolutionize TV advertising for the 1.72 billion global households, providing a new way for viewers to earn while watching commercials. The platform has already received accolades, including the 'Best Blockchain Startup' award at Crypto Expo Europe 2024.

Aethir is advancing in decentralized physical infrastructure with AI and machine learning, announcing a partnership with GAM3S.GG for enhanced gaming experience. Aethir Edge has distributed over 66,000 Checker Nodes, utilizing idle GPU power for earning $ATH tokens. The company aims to address the global GPU scarcity by aggregating and redistributing resources, potentially increasing global GPU compute availability. Aethir also hosted the 'AI Dinner Salon' at Consensus 2024, discussing decentralized AI's future.

IoTeX, a leading modular DePIN blockchain platform, is set to host a Demo Day for the first cohort of its DePIN Surf accelerator program on April 30, 2024. Launched in January 2024 with support from FutureMoneyGroup and ForesightX, the DePIN Surf accelerator is dedicated to supporting DePIN founders. DePIN, a technological paradigm, covers any web-3 application with a physical element, including edge-AI and virtual power plants. The first cohort, which was officially launched at the R3al World event at ETHDenver, features seven startups preparing for their Token Generation Event (TGE) and global launch. During the two-month program, founders receive a $50k investment and comprehensive support from the IoTeX core team and a group of elite mentors. The program includes workshops on raising series-A funding, DePIN tokenomics, and community management fundamentals, as well as presentations at global web-3 events. DePIN has been gaining traction in web-3 circles as a key to connecting the crypto industry with the global population of non-crypto natives who rely on reliable physical infrastructure. The number of DePIN projects has grown exponentially from less than a hundred in late 2022 to over a thousand at the time of writing. However, DePIN projects face challenges such as designing and executing hardware manufacturing and distribution, which can take several years, in addition to building the tech stack that includes firmware, middleware, and software. DePIN Surf provides these projects with the support they need. The projects presenting at the Demo Day include: - Inferix: A decentralized GPU computing platform for visual computing and AI inference, with a major market share in Southeast Asia, India, and other developing markets. - Wayru: The world's first DePIN to partner with the UN to tackle the global connectivity crisis, using blockchain and the $WAYRU token to incentivize hotspot deployment and management. - PowerPod: A decentralized EV charging network providing reliable and accessible charging solutions for electric vehicles worldwide. - Network3: A dedicated AI layer-2 providing services to AI developers, helping them train and validate models quickly and efficiently. - StarPower: An AI and Web3-powered global energy network connecting devices in energy generation, storage, and consumption scenarios. - ATOR: A privacy protocol creating a safer, private layer for the internet through its DePIN routing network and signature hardware and software SDK. - DePHY: A decentralized off-chain data messaging network designed to empower DePIN projects to deploy faster and cheaper. IoTeX is a modular Web3 infrastructure platform connecting smart devices and real-world data to blockchains, enabling developers to integrate Web3 into everyday life through various innovations. With the launch of W3bstream, IoTeX has become a leading Decentralized Physical Infrastructure Network (DePIN) technology provider, connecting billions of smart devices, machines, and sensors across the physical and digital world.