Latest DePIN Cloud Services News

Helium Mobile has expanded its decentralized network with increased compatibility with third-party hardware and pilot programs for interoperability with other carriers. The company's licensing program has enabled developers to create compatible hardware like routers and hotspots, exemplified by RAKwireless's MNTD.FI Pro mobile hotspot. Additionally, Helium is working on the OpenRoaming framework to enhance wireless carrier crossover.

Mizzle, a DePIN platform, has received a $1 million investment from tech investor Onextel to enhance its compute and storage platform. The funding will be used to improve platform capabilities, security features, and user experience. Mizzle's technology combines AI-based DevOps, eBPF security, and advanced encryption to offer a secure and efficient decentralized infrastructure solution. The investment is expected to help Mizzle capture a significant share of the growing DePIN market.

The Render Network has experienced a significant increase in activity, with a 17.7% rise in frames rendered in Q1 2024 and a surge in daily active addresses and whale transactions. This has led to a bullish trend for the RNDR token, which has jumped 6.98% to $6.63. The network's incentive program for node operators and GPU providers has been successful in increasing computational resources for AI and machine learning tasks. Additionally, the integration of Render's technology into the Solana blockchain through the DePIN protocol has driven adoption and scalability.

DePIN, shorthand for decentralized physical infrastructure, is a burgeoning sector in the crypto space that combines various technologies to maintain a global network of physical assets. It encompasses protocols leveraging blockchain for a decentralized approach to infrastructure management, supported by participants providing computational resources. DePIN projects are divided into two categories: Physical Resource Networks (PRN), which include essential hardware for connectivity, and Digital Resource Networks (DRN), supplying the digital resources necessary for operating physical systems. Notable DePIN projects include Render Network, which decentralizes GPU cloud rendering, and The Graph, Filecoin, Arweave, Akash Network, AIOZ Network, Bittensor, Helium Network, IOTA, and Theta Network, each contributing to the advancement of decentralized infrastructure solutions.

Decentralized compute networks are emerging as a sustainable solution for the energy-intensive GenAI industry. By utilizing underutilized hardware and edge nodes, these networks can balance computational loads, reduce latency, and reward power suppliers with tokens. This approach not only promotes efficient energy use but also democratizes access to high-performance computing resources, making advanced AI tools more accessible to small businesses. As the GenAI industry grows, decentralized networks offer a greener and more inclusive path forward.

Filecoin, a decentralized data storage network, has partnered with Theoriq to lead the Web3 infrastructure space. The integration of DePIN and AI aims to create a secure and intelligent data management ecosystem. This collaboration follows Filecoin's partnership with Nuklai for perpetual storage services and data ontology solutions. Additionally, SingularityNET's partnership with the Filecoin Foundation is set to enhance network governance and expand the ecosystem. Filecoin's FileMarket introduces a data tokenization protocol, allowing users to earn rewards by contributing data for AI training. These partnerships signal a significant step towards integrating AI within the Web3 ecosystem.

Cloud gaming is set to revolutionize the gaming industry by offering high-quality experiences without the need for expensive hardware. DePin aims to address the infrastructure challenges of cloud gaming through edge computing, reducing latency and enhancing responsiveness. Aethir Edge, an AI device, is a key component of DePin's architecture, enabling high-end, localized computation for seamless gaming. Additionally, partnerships between companies like Flux and YOM within the DePin ecosystem are optimizing cloud gaming services, providing decentralized alternatives to traditional consoles.

Decentralized Physical Infrastructure Networks (DePin) are revolutionizing technology by facilitating decentralized initiatives in real-world infrastructure. Nuklai has partnered with Filecoin to archive global data, enhancing AI capabilities with comprehensive data insights. The collaboration will leverage Lighthouse Storage's solution for efficient data storage on Filecoin's decentralized network. Meanwhile, the Opentensor Foundation has outlined post-hack recovery plans following a security breach that led to a loss of 32,000 TAO tokens valued at approximately $8 million. Lastly, Silencio, a decentralized app combating noise pollution, has reached a milestone of 5 million check-ins, utilizing a community-driven approach on the PEAQ blockchain.

Crypto analysts are predicting a Decentralized Physical Infrastructure Network (DePin) supercycle, driven by Web3 and AI advancements, reminiscent of the early Internet era. DePin aims to decentralize applications currently dominated by tech giants like AWS and Google Cloud. The AI sector is particularly active, with growing demand for GPUs as AI models become more complex. Projects like io.net and Aethir are expected to secure significant market shares early on. DeFi analyst Cyril points to altcoins like Helium's MOBILE, OriginTrail's TRAC, and Nosana's NOS as having potential in the DePin ecosystem. Other noteworthy tokens include Theta Network's THETA for decentralized video streaming and The Graph's GRT for organizing blockchain data for efficient Web3 applications. Render (RNDR) and Filecoin (FIL) are also contributing to the DePin infrastructure, showcasing the growing integration of blockchain in real-world applications.

Roam, a Web3 initiative in the WBA OpenRoaming™ program, offers a unique token incentive and community growth system, attracting over 390,000 app users and 310,000 nodes across 180 countries. It aims to provide a seamless, secure, and login-free Wi-Fi network experience, leveraging the OpenRoaming™ standard introduced by the Wireless Broadband Alliance (WBA) in 2019. The standard allows for automatic device connections to participating networks without repetitive logins, enhancing user convenience and security.