Latest DePIN Cloud Services News

MetaGravity and Aethir have joined forces to revolutionize the gaming industry with their partnership. MetaGravity's HyperScale Engine provides developers with a massive compute budget, allowing for the creation of expansive, scalable game worlds. Aethir's decentralized cloud infrastructure locates underutilized GPUs and offers them as a service, enhancing accessibility and reducing costs. Together, they enable developers to scale backend simulation and front-end pixel streaming capabilities, fostering a new era of multiplayer online gaming. Their collaboration also includes an R&D roadmap to advance decentralized physical infrastructure (DePIN), marking a significant step towards the third-generation internet and a paradigm shift in computing infrastructure.

DePINs and DeRENs are emerging as solutions to the risks associated with the centralized cloud computing market, dominated by players like AWS, Azure, and Google Cloud. The Cointelegraph Research and SwanChain report highlights how these decentralized platforms can enhance security, transparency, and reduce operational costs. The report also underscores the impact of computationally intensive AI models on the growth of DePINs and DeRENs, with the AI market expected to reach $1.4 trillion by 2029. SwanChain, a decentralized cloud computing platform, offers cost-effective resources for AI applications, smart contracts, and decentralized services, potentially reducing costs by 40-50% compared to major players. The platform's AI computing and storage bidding market allows users to request resources and match them with providers, streamlining the process and cutting costs. The report also discusses the role of AI and ZK Computing in the DePIN ecosystem, with SwanChain processing nearly 350,000 ZK computing tasks post-launch, demonstrating its scalability for ZK applications.

io.net, a Decentralized Physical Infrastructure Network (DePin) for computing networks, has partnered with OpSec, a privacy-focused cloud solution. This collaboration will integrate io.net's decentralized GPU resources into OpSec's cloud infrastructure, enhancing cloud operations for developers and enterprises. The partnership will develop a proof-of-concept to showcase the efficient deployment of OpSec's nodes across io.net's network, improving scalability and accessibility of cloud resources. This is expected to support a wide range of machine-learning models and cloud-based applications. Despite these developments, io.net's native currency, the IO token, has faced significant market volatility, declining by over 30% after reaching an all-time high. The token plays a crucial role in the io.net ecosystem, facilitating services, transactions, and fees, and incentivizing contributors for their GPU power.

APhone, a decentralized cloud-based smartphone, is set to challenge the dominance of Apple and Google with the launch of its AppNest store, which will not charge developers any fees. The store will support both decentralized applications (dApps) and traditional web2 apps, offering an alternative to the steep fees charged by the tech giants. APhone's chief business officer, William Paul Peckham, stated that the goal is to democratize technology access and provide a full Web3 experience to users worldwide. The AppNest store will support popular web3 apps like MetaMask, Phantom, and Binance, as well as web2 apps such as WhatsApp, Facebook, Instagram, and ChatGPT. The store is exclusively available through the APhone app. APhone is powered by Aethir, a decentralized physical infrastructure network (DePIN) provider, which allows the smartphone to run both advanced Web3 applications and conventional apps on any web browser-compatible device.

APhone has unveiled its new decentralized app store, AppNest, which is set to revolutionize the mobile app market by offering a free and open platform for developers to host and manage their applications. Unlike traditional app stores like Google and Apple, which charge up to 30% in fees, AppNest allows developers to host their apps for free, fostering an environment that is less restrictive and more inclusive. The platform supports a wide range of applications, including blockchain-focused and traditional Web2 apps, providing users with an 'outside the box' experience that transcends geographical and economic barriers. AppNest's diverse offering includes popular Web3 games and apps, as well as mainstream Web2 applications like WhatsApp and Instagram. APhone, a cloud-based smartphone, leverages decentralized cloud computing infrastructure powered by Aethir, an AI-focused GPU-as-a-service provider, ensuring enhanced security and protection for user data and digital assets.

Helium Mobile has launched a licensing program for device manufacturers, aiming to accelerate the growth of the decentralized wireless network infrastructure industry. The initiative is part of Helium's strategy to promote a decentralized approach to wireless network development and management. The program simplifies the integration process for device makers by providing access to Helium Mobile's Builder App and Hotspot Dashboard, enhancing interaction with the Helium Network and boosting network reliability. The licensing fees may contribute to Helium's revenue, and the price of Helium's HNT token has surged by 13.44% in response to this development. Despite recent challenges, including delisting from Binance and migrating to Solana, Helium Mobile has over 94,000 subscribers as of June 18, 2024.

Aethir, a new project in the GPU distribution sector, aims to disrupt the global GPU market by addressing the supply issue caused by high demand from AI and gaming. The project has successfully launched its cloud service, offering on-demand GPU compute solutions. With a focus on the enterprise side, Aethir connects businesses with high-powered GPU chips like NVIDIA's H100s for machine learning and AI applications. The platform claims to have the largest GPU network in the DePIN sector, providing over 43,000 enterprise-grade GPUs with a 99.99% uptime across 23 countries. Aethir's decentralized approach pools underutilized GPU power and distributes it where needed, making it a cost-effective and efficient solution for industries like cloud gaming. The project also features its native $ATH token, used for network services, governance participation, and staking. Despite challenging market conditions, the token has performed well since its launch on June 12th.

Decentralized Physical Infrastructure Network (DePin) projects are gaining attention despite the current downturn in the crypto market. Experts predict a strong resurgence, particularly for AI-integrated DePin initiatives, which represent cutting-edge innovation and adaptability. Crypto trader Kazi highlights six DePin projects with explosive growth potential. Cosmic Network (COSMIC) offers online privacy through decentralized VPN services, while Blendr Network (BLENDR) focuses on decentralized GPU computing. DSync, part of the Destra Network, combines decentralized cloud solutions with GPU networking. HashAI (HASHAI) integrates AI with mining strategies, and ATOR Protocol enhances the Tor network through blockchain incentives. OpSec uses AI to improve blockchain infrastructure, focusing on security and privacy. These projects face risks from market volatility and competition but offer transformative potential for investors.

The Serverless BXL conference, scheduled for July 7 in Brussels, will explore the convergence of AI, DePIN, decentralized cloud computing, and web3 gaming. With over 300 participants and 30 speakers, the event will feature a gaming pitch contest and keynotes from industry leaders such as Ubisoft. The second half of the day will focus on AI and decentralized cloud computing, including talks from experts like Nicolas Bacca, co-founder of Ledger, and representatives from decentralized AGI protocols. The conference aims to foster networking and collaboration in the blockchain and gaming sectors.

Solana is emerging as a hub for Decentralized Physical Infrastructure Network (DePin) projects, according to a report from Syndica. The report highlights various DePin projects in the Solana ecosystem, including decentralized GPU marketplaces, wireless technologies, and geospatial data solutions. In the Compute Data AI sector, platforms like io.net, Render, and Nosana are fostering a thriving microeconomy around computational resources. Render's technology was even integrated into Apple's latest iPad Pro, demonstrating the transformative potential of decentralized networks in digital content creation. Helium, another DePin project on Solana, has seen exponential growth in mobile hotspots deployment and subscriber numbers since migrating to the platform. Hivemapper has also recorded unprecedented demand for map data, highlighting the growing reliance on decentralized solutions for geospatial data. Despite some signs of slowing in the storage sector, the overall momentum of DePin projects on Solana remains strong, with the platform now home to category leaders representing a combined market cap of $4 billion.