Latest DePIN Campaign News

In an effort to enhance user engagement, BingX has launched a comprehensive guide for its users to participate in the 4EVERLAND airdrop initiative. This guide emphasizes the importance of the User ID (UID), which serves as a unique digital identifier on the BingX platform. The UID is crucial for account verification and the accurate distribution of rewards, ensuring that users receive their airdrop benefits seamlessly. By linking their BingX UID to the 4EVERLAND platform, users can confirm task completion and eligibility for rewards, thereby streamlining the entire process. To assist users in locating their UID, the guide provides two straightforward methods applicable to both mobile and web platforms. For mobile users, they can easily find their UID by signing into the BingX application, tapping on the profile icon, and accessing their profile page where the UID is displayed. Web users can retrieve their UID by logging into the BingX website, clicking on their account avatar, and viewing the UID prominently at the top of their account information. This accessibility ensures that all users can participate in the airdrop without complications. Additionally, the guide outlines the steps to find the Ethereum deposit address, which is essential for users looking to engage with the airdrop. Users are advised to verify the accuracy of their UID to avoid any delays or misdirected rewards. It is also crucial for BingX users to complete all required tasks to qualify for the airdrop benefits. For any questions or support, users are encouraged to reach out to BingX or 4EVERLAND customer service representatives for assistance.

In today's digital age, data has become a vital commodity, integral to both personal and business interactions. However, the majority of this data is managed through centralized cloud services, which often leads to significant issues such as limited user control, high costs, and increased vulnerability to data breaches. A recent report highlights that nearly half of the tech industry views data privacy and security as paramount concerns. This centralized model creates a bottleneck, prompting the need for innovative solutions that prioritize user autonomy and data integrity. Decentralized Physical Infrastructures (DePINs) emerge as a transformative alternative, leveraging blockchain technology to distribute data storage and processing across a network of users rather than relying on massive data centers. This shift not only enhances privacy and security—by eliminating single points of failure—but also allows users to become active participants in the infrastructure. As more individuals join the network, the system organically scales, offering a self-sustaining solution that can adapt to growing data demands. With DePINs, users can regain control over their data, reducing the risks associated with centralized servers that are frequently targeted by cyberattacks. Functionland's FxBlox device and the Fula Network exemplify the DePIN philosophy, enabling users to transform their personal devices into integral components of a decentralized cloud. This approach not only enhances security and control but also presents potential cost savings by reducing overhead expenses associated with traditional cloud services. The partnership between Functionland and Streamr further amplifies the capabilities of these devices, allowing users to rent out their bandwidth and participate in a decentralized streaming ecosystem. As the landscape of data management evolves, embracing DePINs could herald a new era of user-centric, secure, and scalable internet solutions.

Crust Network has recently made significant strides in its technical progress and ecosystem collaboration within the Polkadot framework. Notably, the platform now supports initiating place order transactions from the Polkadot Crust Parachain, which are automatically converted into orders on the mainnet. To address the rising gas fees on Ethereum, the bridge fee for transferring $CRU from the Crust mainnet to Ethereum has increased from 10 $CRU to 30 $CRU. Additionally, a bi-directional XCMP channel has been established between Crust and Bifrost, enhancing cross-chain capabilities. The team is also testing a customized Crust IPFS image based on the latest IPFS code and exploring solutions for a non-TEE lightweight mining client. In terms of ecosystem collaboration, Crust Network is actively engaging with various projects within the Polkadot ecosystem. Although Polkadot is developing a native service for object storage, third-party services like Apillon via CrustNetwork are currently available. The launch of the Polkadot ecosystem dashboard on Token Terminal marks a significant milestone. Furthermore, GoPlausible is leveraging CrustNetwork to provide permanent, decentralized storage, ensuring data security and accessibility. The Crust Parachain has opened an HRMP channel with Bifrost, facilitating seamless data and asset transfers between the two parachains. A massive airdrop event co-hosted by Crust and other networks is also on the horizon, promising exciting opportunities for the community. Community engagement remains a priority for Crust, as evidenced by their sponsorship of offline meetups for the Chainspace Community and participation in various events, including the Global AI+DePIN Exhibition in Bangkok. Crust has also been active in promoting creative initiatives, such as an AI-generated song contest and an AI Music Video Challenge, fostering a vibrant community spirit. As Crust continues to innovate and collaborate within the Polkadot ecosystem, it is poised to redefine decentralized storage solutions for Web3, offering users trustless and user-controlled data management tools.

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.

Arkreen, a leader in solar power technology, is launching an exciting content competition aimed at enhancing its marketing efforts and promoting a greener future. The initiative invites all existing CSP (Community Solar Power) owners to submit raw, unedited video footage that highlights the best aspects of their solar installations. Participants can showcase their contributions through three distinct categories: Roof Solar Shot, Arkreen Tech Shot, and Complementary Theme Shot. Each video must be a minimum of 20 seconds and adhere to quality standards, including a resolution of at least 1080p and a frame rate between 25-60 fps. This competition not only encourages community engagement but also offers participants the chance to win substantial rewards, including $AKRE tokens and special Discord ranks. To ensure fair participation, Arkreen has set clear eligibility criteria, allowing all current CSP owners to join, including those in the onboarding process. Each participant can submit one video per category, with the potential for additional clips that will not be compensated but can enhance their visibility in Arkreen's marketing materials. The bounty for each qualifying video is set at 2000 $AKRE, totaling 6000 $AKRE for all three categories. Furthermore, participants who submit videos in all categories will receive a bonus of 2000 $AKRE and a special Discord rank, fostering a sense of community and collaboration. The competition will culminate in a voting process where the Arkreen team and the community will determine the winners based on marketability and visual appeal. Prizes include 30,000 $AKRE for first place, along with recognition as an “Innovator,” while second and third places will receive 15,000 and 6,000 $AKRE respectively, along with their own unique ranks. Arkreen encourages all participants to join their Discord channel for support and to engage with the community. This initiative not only aims to enhance Arkreen’s marketing but also to celebrate the contributions of its dedicated solar power users, driving the future of sustainable energy together.

The Arkreen Foundation has introduced a structured token burn plan for its $AKRE token, aimed at ensuring long-term sustainability and enhancing the ecosystem's value. This initiative will see 80% of the service fees generated from on-chain utility revenue, paid in $AKRE tokens, being burned, while the remaining 20% will be allocated to fund the operational expenses of the foundation. Notably, a significant milestone is set for November 2024, when a one-time burn of 10,394,544 $AKRE tokens will occur, representing 80% of the total service fees collected by the end of October 2024. Following this, monthly burns will be implemented based on the previous month's service fee revenue, creating a continuous cycle of token reduction. The importance of the $AKRE token burn lies in its potential to permanently decrease the total supply of $AKRE tokens, thereby enhancing their value as a utility token. By aligning the burn plan with genuine on-chain green asset growth, Arkreen ensures that the utility of its token remains sustainable and reflective of the ecosystem's external value capture. This initiative is a critical step in Arkreen's mission to establish a decentralized renewable energy network and promote inclusive climate action, positioning $AKRE as a key player in the global push for carbon neutrality. As a utility token, $AKRE plays a vital role in facilitating transactions within Arkreen's ecosystem, including the issuance and trading of tokenized renewable energy certificates and green energy assets. The dual approach to value creation—supply-side and demand-side—ensures that as renewable energy activities increase, so does the intrinsic value of $AKRE. The foundation's commitment to burning tokens not only incentivizes climate-positive actions but also supports the economic sustainability of its decentralized green asset network. Stakeholders are encouraged to stay updated on the upcoming burn events and the ongoing developments within the Arkreen ecosystem.

The upcoming Storage V2 update is generating excitement as it promises significant improvements and fixes. Key features include enhancements to the Key Management System (KMS), which will allow multiple users to share access to the same wallet and storage allocations. Additionally, the update will enable video streaming for applications like Vult and Blimp. The rollout is anticipated by the end of the week, marking a pivotal moment for users looking for enhanced functionality and collaboration within the platform. In parallel, the development of mobile applications for Vult is progressing rapidly. The team is on the verge of releasing the app on both iOS and Android platforms. The integration of KMS is nearing completion, and the implementation of video streaming features is ongoing. Active testing is being conducted to ensure that all functionalities are refined and optimized before the official launch, promising a seamless user experience for mobile users. Moreover, the marketing efforts are gaining momentum with the initiation of ad campaigns across various platforms. Currently, ads on Reddit and Google are live, while Brave ads are expected to launch within the next two days. Additionally, a campaign on X is set to commence shortly. These marketing strategies aim to increase visibility and engagement, driving user adoption as the new features and applications become available. Stay tuned for more updates as the team continues to make strides in these developments!

A year ago, the Tor Project made a significant decision to remove all ATOR Relays from their network, which sparked a vision for a new decentralized future. Instead of surrendering, the team aimed to create a self-scaling, trustless network designed to enhance privacy for users worldwide. Their goal is to disrupt the VPN market by combining speed, reliability, and user-friendliness through bespoke hardware, ultimately making private browsing accessible to billions. This vision has now materialized with the launch of the Anyone Network, which boasts an impressive 5000 active relays, establishing itself as one of the largest and fastest mixnets globally. Reflecting on the past year, the team expresses gratitude to their community for their unwavering support during challenging times. Despite the difficulties, the project demonstrated resilience and strength, showcasing the power of decentralization and community alignment. The leadership and engineering teams remained intact throughout the transition, empowering former community members to take on more significant roles within the ecosystem. The project has evolved into an open-source initiative, expanding from a single Smartweave registration protocol to over 30 active repositories contributing to blockchain technology, privacy, hardware, and applications. Looking ahead, the team acknowledges the journey is far from over, with plans to further decentralize the network following the transition to their AO distribution protocol. They emphasize that community governance will play a crucial role in maintaining the network's safety and performance. The spirit of ATOR is now emblematic of overcoming setbacks in the Web3 space, and the team is committed to transparency through regular updates. As they tackle the larger challenge of global privacy adoption, they remain dedicated to building a Web3 ecosystem that has the potential to transform lives.

The onocoy platform has announced an exciting new initiative called the 2x BONO Campaign, set to run from December 1, 2024, to January 31, 2025. This campaign aims to reward both veteran miners and newcomers by offering double token rewards, known as BONOs, for every contribution made during this period. The initiative is designed to celebrate the community's efforts and enhance the overall mining experience, encouraging greater participation and engagement within the ecosystem. To maximize the benefits of this campaign, onocoy encourages participants to prepare in advance. Miners are advised to activate or upgrade their mining setups to ensure optimal performance. Newcomers are particularly invited to join the community, while existing miners should ensure their operations are running smoothly. Additionally, participants are urged to mark their calendars for the campaign's start date and stay engaged with the platform for updates and tips on how to make the most of this rewarding opportunity. The 2x BONO Campaign promises several advantages for participants, including accelerated accumulation of BONOs, increased influence within the onocoy ecosystem, and a chance to amplify their mining impact during this limited-time event. With the campaign only available until January 31, 2025, miners are encouraged to seize this opportunity to enhance their contributions and be part of something extraordinary as they work together to build a robust community.

The Impact of Upbit Listing Success Rate and UDC Conference Overview Recently, with the market gaining strength, the wealth effect of new listings on Upbit has become more prominent. Tokens like AGLD saw a staggering 150% increase on the first day, while DRIFT surged by 190%. Tokens like SAFE, CARV, and PEPE also experienced a 100% increase. The Formula team made a fortune through news trading, showcasing the potential for wealth creation on Upbit. How can we seize the wealth wave of new listings on Upbit? The UDC conference serves as a barometer for Upbit listings. The listing success rate from 2018 to 2023 stands at 76%. On November 14th, the UDC conference was held as scheduled, offering a glimpse into the participating projects. UDC, organized by Dunamu since 2018, is a representative blockchain conference in South Korea aimed at promoting industry development, ecosystem growth, and adoption. This year's theme, 'Blockchain: Driving Real-World Change,' delves into how blockchain is expanding into various industries and bringing about real-world transformations. According to Layerggofficial data, from 2018 to 2023, approximately 66 projects participated in UDC, with 37 projects already listed on KRW Fair before UDC. Among the remaining 29 projects, 13 were listed in KRW form after UDC (44.8%). The significance of the UDC conference and the wealth effect on Upbit stem from various factors. UDC's Importance and Upbit's Wealth Effect Upbit, as South Korea's largest exchange, holds a leading position in the Korean market in terms of trading volume and user numbers, commanding around 73% of the market share. Korean investors can directly purchase cryptocurrencies using the Korean Won (KRW), leading to significant wealth effects. The convenience of deposits and substantial wealth effects have propelled cryptocurrency trading volume in Korea beyond the country's stock market. This dynamic ensures strong buying interest for new tokens listed on Upbit. The UDC conference, organized by Dunamo, Upbit's parent company, though slightly smaller in terms of timing and participation compared to events like KBW, holds undeniable importance. Projects like ZRO, MNT, and STG, which participated in last year's conference, were listed on Upbit this year, indicating the enduring influence of the conference. Data source: [Layerggofficial](https://x.com/layerggofficial/status/1714145904943587774?s=46) UDC 2024 Conference Projects The UDC conference for this year has already taken place, with projects like Axelar, Taiko, Zetachain, Mantle, and Cyber already listed on Upbit. As of the conference, there are still 11 projects yet to be listed on Upbit or to have KRW trading pairs. Projects awaiting listing include SLP, HNT, GALA, NFT, and ROSE. Projects already listed with BTC pairs but without KRW pairs include MKR, YGG, IOTX, and Cyber. Projects that have not launched tokens but participated in UDC include Linea and Magic Eden. Compliance and AI remain strong narratives in line with this year's UDC theme. Despite Oasis Network not participating in this year's UDC, leveraging AI narratives, ROSE saw a surge on November 5th. Additionally, South Korea's high interest in NFTs and the gaming market suggests that Magic Eden's token has a high probability of being listed on Upbit. Apart from the forward-looking impact of the UDC conference, another South Korean exchange, Bithumb, also has relevance to Upbit listings. Both exchanges tend to list coins in clusters based on narratives, such as introducing AI tokens simultaneously at the beginning of the year or focusing on Memecoins currently. To protect investors, Korean exchanges typically avoid small, new coins with short market history, opting for older coins with stable market capitalization and prices.