Latest DePIN Campaign News

Bistroo Achieves Major Milestones with IoTex Partnership and Community Campaign cover
12 days ago

Bistroo Achieves Major Milestones with IoTex Partnership and Community Campaign

In September 2024, Bistroo achieved significant milestones, notably launching a partnership with IoTex and initiating the Bistroo Super Community Campaign. This collaboration aims to enhance the ecosystem by leveraging resources from partner projects, which will ultimately reward all contributors. The month also marked a remarkable growth in user engagement, with 6,304 first-time users placing orders, reflecting a 228% increase year-on-year. Furthermore, Bistroo surpassed 100,000 active users and saw a 402% rise in new user accounts, indicating a robust expansion in its customer base. The marketing efforts in September were centered around partnerships and community engagement, coinciding with Bistroo's 5th anniversary. The launch of the Bistroo Super Community Campaign involved collaboration with ten projects to promote growth within the crypto space. Additionally, Bistroo unveiled a revamped website and litepaper, aligning with its current and future objectives. The partnership with IoTex is expected to bolster Bistroo's capabilities and enhance its service offerings, further solidifying its position in the market. On the development front, Bistroo rolled out several updates to improve user experience for both merchants and customers. Enhancements included a streamlined merchant portal, improved mobile interfaces, and new features such as the 'as soon as possible' delivery option. These updates are designed to optimize the ordering process and improve feedback mechanisms for restaurants. With these advancements, Bistroo continues to position itself as a leading SaaS infrastructure for restaurants, offering lower fees and instant payouts, while enabling both customers and merchants to earn rewards within the BIST ecosystem.
PowerPod and Arkreen Partner for Green DePIN Initiative in Electric Motorcycle Market cover
13 days ago

PowerPod and Arkreen Partner for Green DePIN Initiative in Electric Motorcycle Market

As the world accelerates towards sustainable energy solutions, PowerPod has announced a new partnership with Arkreen for the Green DePIN Initiative. This collaboration aims to introduce an on-chain carbon offset system specifically for the green charging of two-wheel electric motorcycles. This initiative is strategically designed to tap into the rapidly expanding two-wheel market in Asia, which is experiencing unprecedented growth with over 200 million electric motorcycles already on the road and a projected annual growth rate of 7%. The partnership between PowerPod and Arkreen is set to demonstrate a real-world application of Green DePIN (Decentralized Physical Infrastructure Network), enhancing the sustainability of electric motorcycle usage while ensuring transparency and accountability in energy consumption. PowerPod and Arkreen are leading the charge towards carbon neutrality in the electric motorcycle market by utilizing tokenized Renewable Energy Certificates (RECs) for on-chain offsets. These tokenized RECs, referred to as ART tokens, represent Arkreen Renewable Energy Certificates (ARECs) and are issued on-chain, supported by verified renewable energy data from rooftop solar panels within the Arkreen Network. This innovative approach offsets brown energy consumption with renewable energy credits, ensuring a truly sustainable charging process for electric motorcycles. By integrating Arkreen’s on-chain carbon offset solution into PowerPod’s charging network, the partnership aims to deliver REAL users, REAL income, and REAL rewards, all backed by real-time on-chain carbon offsets. As PowerPod and Arkreen embark on this transformative journey, they are not only advancing the future of efficient electric mobility but also leading a sustainable energy revolution across Asia. Their collaboration is poised to deliver tangible benefits to the entire electric vehicle ecosystem, pushing the boundaries of sustainable transportation and decentralized energy networks. With their innovative on-chain offset approach and PowerPod’s decentralized charging market presence, this partnership is set to drive the future of electric mobility while promoting sustainability in transportation.
iExec: Pioneering Decentralized Confidential Computing in Web3 cover
16 days ago

iExec: Pioneering Decentralized Confidential Computing in Web3

As Decentralized Confidential Computing (DeCC) gains traction in 2024, iExec has been a pioneer in this domain, merging Confidential Computing with blockchain since 2018. Collaborating with Intel, iExec launched the first Trusted Compute Specification for the Ethereum Enterprise Alliance, laying the groundwork for secure data processing in Web3. By 2019, iExec became the first Web3 company to join the Confidential Computing Consortium, solidifying its role in decentralized data protection. These early innovations have paved the way for DeCC, which redefines data privacy and security in the Web3 landscape. Confidential Computing is a critical component of DeCC, addressing the need to protect data not only at rest and in transit but also during processing. This technology isolates sensitive data or code using hardware enclaves, creating a trusted execution environment that processes encrypted data in memory. By employing hardware-based attestation reports, Confidential Computing ensures that only authorized programs can access the data within these enclaves. This approach safeguards various types of data, from personal information to complex algorithms, enhancing security in an increasingly fragmented data landscape. The DeCC movement promotes a broader understanding of privacy in Web3, emphasizing user control and decentralized security. With the formation of the DeCC Alliance, which includes leading projects in Confidential Computing, the initiative aims to educate the public on the capabilities of DeCC and its necessity for secure data usage. iExec's mission is to empower users by tokenizing their data and establishing governance rules, ensuring that data remains secure and private. As DeCC continues to evolve, it is set to transform the Web3 ecosystem, making privacy and data ownership a fundamental right for users in the digital age.
Transforming EV Charging into Eco-Friendly Actions with Arkreen's Plug for Green Program cover
20 days ago

Transforming EV Charging into Eco-Friendly Actions with Arkreen's Plug for Green Program

In a groundbreaking initiative, Shaolin Funktastic has demonstrated how electric vehicle (EV) charging can contribute to sustainability through Arkreen's Plug for Green Program (PGP). By integrating real-time tracking of brown energy usage with on-chain carbon offsets, this program transforms the act of charging a Tesla into an eco-friendly action. This innovative approach highlights the potential of the decentralized physical infrastructure network (DePIN) model, where even EVs powered by traditional grid energy can actively work to reduce their carbon footprint, making each charge a step towards a cleaner planet. The Arkreen Smart Plug plays a crucial role in this process. When Shaolin charges his Tesla, the Smart Plug monitors the energy consumed in real-time and reports it through an app. If the vehicle is charging with brown energy, the Plug for Green feature automatically offsets this usage by securing tokenized Renewable Energy Certificates (RECs). This means that as soon as the Tesla begins charging, the system ensures that the energy consumption is matched with renewable energy credits, effectively neutralizing the carbon emissions associated with the charging process. Arkreen's solution stands out for its on-chain execution, which provides transparency and accountability directly from the data source. By turning the Tesla into an IoT oracle, the program allows users to offset their carbon emissions seamlessly by purchasing ART tokens, which are derived from verified renewable energy generation data. This innovative approach not only lowers barriers for individuals aiming for personal carbon neutrality but also redefines the REC market, making it more accessible. As Arkreen Network continues to advance sustainable driving, the vision of a future where every EV charging station integrates with the Plug for Green Program becomes increasingly attainable, ensuring a greener planet for all.
Julian Assange's Release Sparks Debate on Press Freedom and Censorship cover
22 days ago

Julian Assange's Release Sparks Debate on Press Freedom and Censorship

Julian Assange, the founder of WikiLeaks, recently addressed European lawmakers following his release, claiming that the United States coerced him into pleading guilty to journalism. After spending 14 years in detention, Assange stated he chose "freedom over unrealizable justice." He emphasized the increasing threats to journalists and publishers, urging lawmakers to implement measures to protect whistleblowers and journalists from unjust persecution and governmental retaliation. Assange's case has sparked widespread debate about the state of press freedom and the implications of government actions against those who expose misconduct. Assange's journey began with the founding of WikiLeaks, which gained notoriety for publishing classified documents, including a 2010 release of footage showing a US military helicopter attack on civilians. His legal troubles escalated when he faced sexual assault charges in Sweden, which he denied. In 2019, he was arrested in London under a US extradition request for espionage. Many advocates for free speech, including a United Nations panel, have labeled his detention as arbitrary, raising concerns about the criminalization of journalism and the erosion of press freedoms worldwide. The alarming trend of journalists being arrested under national security pretenses continues to grow, with a record number of arrests reported in 2023. In response to the growing censorship and control over information, projects like tomi aim to create a decentralized internet that prioritizes free speech and user privacy. By leveraging Web3 technologies, tomi seeks to empower individuals to express their opinions without fear of government retaliation. This initiative includes developing a decentralized browser, storage solutions, and communication tools designed to protect the rights of journalists and the public. As the landscape of journalism becomes increasingly precarious, the adoption of decentralized technologies could serve as a crucial safeguard against censorship and promote a more transparent and open digital ecosystem.
Titan Network's Dynamic September: Expansions, Events, and Innovations cover
23 days ago

Titan Network's Dynamic September: Expansions, Events, and Innovations

September has proven to be an exceptionally dynamic month for the Titan Network, highlighted by a series of new collaborations and impactful events. One of the most significant occurrences was the participation in TOKEN2049 Singapore, where the Chief Strategy Officer, Konstantin Tkachuk, delivered an insightful speech on decentralized infrastructure networks (DePIN). This premier crypto event allowed Titan Network to connect with industry leaders, share their vision, and explore new collaborative opportunities, further solidifying their presence in the blockchain ecosystem. In addition to their participation in TOKEN2049, Titan Network announced its expansion into Colombia and Nigeria, aiming to connect with vibrant communities and bring the power of DePIN to a broader audience. The organization also took part in the Economic Society of Singapore (ESS) 2024 Annual Dinner, where discussions centered around the transformative potential of DePIN in the new energy vehicle industry within the Web 3.0 era. This event underscored Titan Network's commitment to innovation and sustainable transportation, showcasing their role in advancing decentralized technologies. Furthermore, Titan Network co-organized the EMC Hackathon, Chain the Future, and hosted their seventh Community Space event, allowing community members to engage directly with leadership. They also launched an Autumn Initiatives campaign featuring a $1,000 USDT prize pool, encouraging participation in social quests and node operations. With new updates for PC users, including real-time device monitoring and improved data connections, Titan Network continues to enhance user experience while fostering innovation and collaboration within the DePIN ecosystem.
Maximize Your Rewards with MapMetrics: Earn $MMAPs Through Navigation and Referrals cover
24 days ago

Maximize Your Rewards with MapMetrics: Earn $MMAPs Through Navigation and Referrals

MapMetrics is revolutionizing the way users earn rewards through its innovative app, which incentivizes both navigation and community growth. Users can accumulate $MMAPs by completing trips in navigation mode and inviting friends to join the platform. The app tracks total daily earnings, allowing users to see their cumulative rewards after each trip. For instance, if a user completes three trips in a day, they can earn a total of $MMAPs from each journey, making it a straightforward process to maximize earnings through consistent use of the app. In addition to daily trip rewards, MapMetrics offers an enticing Invite a Friend feature. This allows users to earn additional $MMAPs by referring friends to the app. When a friend signs up using a unique referral link and completes the onboarding process, both the user and their friend receive 250 $MMAPs. This not only enhances the user’s earnings but also fosters community growth, as each new user contributes to the overall accuracy of navigation data, improving the experience for everyone involved. Combining daily trip earnings with invite rewards can lead to significant accumulations of $MMAPs. For example, a user who takes three trips and invites three friends could potentially earn 767 $MMAPs in a single day. Beyond the financial incentives, MapMetrics also emphasizes the positive environmental impact of its operations, partnering with Tree-Nation to plant trees for every mile logged. This dual focus on rewards and sustainability makes MapMetrics an appealing choice for users looking to earn while contributing to a greater cause.
IoTeX Pioneers DePIN: From Layer 1 to Modular Infrastructure cover
a month ago

IoTeX Pioneers DePIN: From Layer 1 to Modular Infrastructure

IoTeX, founded in 2017, anticipated the rise of Decentralized Physical Infrastructure Networks (DePIN) long before the concept gained popularity in 2023. The project initially positioned itself as a Layer 1 blockchain focused on connecting the Internet of Things (IoT) with blockchain technology. However, IoTeX has recently pivoted towards a modular approach, reflecting a significant strategic shift in response to evolving industry needs. Jing Sun, co-founder of IoTeX, shared insights into this transformation during an interview at TOKEN2049. Sun explained that while traditional Layer 1 blockchains struggle to address the unique challenges of DePIN projects, particularly in data verification, IoTeX aims to provide foundational support for the entire DePIN ecosystem. This includes developing middleware and various tech stacks that enable efficient off-chain data validation and on-chain value capture. A key component of IoTeX's new strategy is W3bStream, a protocol designed to validate device data off-chain and selectively record critical information on-chain, thus reducing operational costs for DePIN projects. This approach, coupled with IoTeX's concept of 'Sovereign Smart Devices', creates a framework where machines can autonomously participate in economic activities, forming what Sun describes as a 'machine society' within the blockchain ecosystem.
Latest Developments in the Blockchain Industry cover
a month ago

Latest Developments in the Blockchain Industry

**XProtocol, Built on Base Chain, Unveils XForge as 'World's First Node-Operated DePIN Smartphone'** XProtocol, an entertainment-focused blockchain built on the U.S. crypto exchange Coinbase's Ethereum layer-2 network, Base, has unveiled what it says is 'the world’s first node-operated DePIN smartphone.' The Web3 startup’s new Android device, XForge, functions as a fully operational blockchain node. Users can participate in the DePIN network directly from their phone, earning rewards, airdrops, and cryptocurrency incentives. XForge represents the next evolution in mobile devices, combining blockchain power with smartphone convenience. **Oasys, Arbitrum Foundation, Uprising Launching First Gaming-Focused Arbitrum Orbit Chain Beyond Ethereum** Oasys, Arbitrum Foundation, and layer-2 Uprising have collaborated to launch the first gaming-focused Arbitrum Orbit blockchain beyond Ethereum. Uprising, a layer-2 gaming yield blockchain, and Oasys, a layer-1 gaming chain, are working together to enhance Web3 gaming through Arbitrum Orbit technology. This deployment marks a significant step for blockchain gaming outside Ethereum, showcasing a shared vision for the future of blockchain gaming. **Bitcoin Staking Protocol Babylon Forms Strategic Alliance With Asphere to Allow Developers to Deploy Customizable L2s** The Babylon Bitcoin staking protocol has formed a strategic alliance with Asphere to empower developers with a solution for launching innovative Bitcoin layer 2s. This collaboration aims to allow developers to deploy highly customizable L2s backed by the security of the Bitcoin network. By leveraging Bitcoin's liquidity and market cap, developers can achieve fast finality when building new use cases within the blockchain ecosystem.
DePIN Altcoins Showing Potential Gains in October cover
a month ago

DePIN Altcoins Showing Potential Gains in October

DePIN Altcoins Showing Potential Gains in October As broader market sentiment improves, tokens that power Decentralized Physical Infrastructure Networks (DePINs) are among the altcoins showing potential gains in October. Notable DePIN coins to watch next month include Bittensor (TAO), Robonomics Network (XRT), Render (RENDER), Anyone Protocol (ANYONE), and IAGON (IAG). Bittensor (TAO) Climbs to Multi-Month Highs The value of TAO, the token that powers Bittensor’s decentralized machine learning network, has spiked by 78% over the past week. The altcoin now trades at a price level last recorded in April. TAO currently enjoys a significant bullish bias, as evidenced by its rising on-balance volume (OBV). When an asset’s OBV rises, it indicates that buyers have the upper hand in the market. It suggests that buying pressure is high, and traders and investors are confident in the asset’s potential to increase in value. If the uptrend continues, TAO could break above $651.34, turning this level into a support floor. Should this occur, the altcoin may be poised for a rally toward its all-time high of $774.86, last reached on April 11. Robonomics Network (XRT) Sees Surge in Demand XRT, the utility token of the Robonomics network, a decentralized cloud storage provider, is currently trading at $4.72, following an impressive 83% increase over the past week. It ranks as the top-performing DePIN coin in terms of growth over the last seven days. XRT’s rising Chaikin Money Flow (CMF), which tracks the flow of money into and out of the asset, reflects solid demand. With a CMF value of 0.08, the data shows that buying pressure is outpacing selling activity, supporting the token’s price increase. Additionally, XRT’s on-balance volume (OBV), which measures the cumulative money flow into and out of the asset, has surged 33% over the past week. This rise in OBV indicates that more buyers are entering the market, fueling the token’s price momentum. If the buying pressure continues, XRT could reach $7.71. However, a sharp increase in profit-taking could reverse this trend, potentially driving XRT’s price down to a monthly low of $1.84. Render (RENDER) Rallies Past Key Moving Averages RENDER is currently trading at $6.10, marking a 31% increase over the past week. This surge has pushed the token above two key resistance levels, its 20-day exponential moving average (EMA) and 50-day simple moving average (SMA), which have been obstacles since June. As of now, RENDER’s 20-day EMA, reflecting the average price over the last 20 trading days, stands at $5.42. Meanwhile, the 50-day SMA, a longer-term indicator tracking the average closing price over the past 50 days, is $5.10. This breakout suggests strong momentum for RENDER as it moves past these critical levels. When an asset trades above these key averages, its uptrend is gaining momentum and is likely to continue. If RENDER successfully flips these key levels into support, its price may rally toward $7.26.