Latest DePIN Funding News

On January 2nd, 2025, iExec, a pioneering platform in the Web3 space, announced strategic collaborations with prominent venture capital firms and foundations, including CV Labs. As a leader in Decentralized Confidential Computing (DeCC) and an innovator in Decentralized Physical Infrastructure Networks (DePIN), iExec provides essential tools for developing privacy-first applications. These applications empower users to maintain full control over their data and assets. The iExec Grants Program, which supports platform building with tailored assistance, exemplifies their commitment to fostering innovation in privacy-preserving technologies. This was highlighted during the Grants Pitch Day at Devcon 2024, where 16 finalists competed for grants totaling up to $500,000, showcasing the collaborative spirit that propels the Web3 ecosystem forward. One of the standout projects from the event was Bridge23, a platform that incentivizes users for their data usage while training AI agents. Utilizing the iExec DataProtector tool, it ensures user privacy is safeguarded, allowing for secure monetization. This initiative underscores iExec's role in driving innovation in confidential AI, placing privacy and data ownership at the forefront of advancements in the field. The partnership with CV Labs further strengthens iExec's ecosystem, providing projects in CV Labs' incubation programs access to iExec's developer resources, thereby fostering innovation across various sectors, including DeFi and data management. The collaboration between iExec and CV Labs not only enhances the exposure of participating projects but also connects them with potential investors, facilitating seed funding opportunities. This partnership aims to bridge cutting-edge technology with mentorship and funding, creating an environment where privacy-first Web3 applications can thrive. Nathan Chiron, Chief of Revenue & Ecosystem at iExec, emphasized that these strategic collaborations are pivotal in accelerating the innovation of confidential computing solutions, setting new standards for the AI and Web3 industries. Through these initiatives, iExec solidifies its position as a key enabler of privacy-first applications, empowering developers to build, own, and monetize digital assets confidently.

The cryptocurrency market is currently experiencing a surge of interest, with several projects emerging as potential high-return investments. Among these, BlockDAG (BDAG) stands out with an astonishing 2240% ROI, having raised over $174.5 million in its presale. The project has gained significant traction, with its price increasing from $0.001 to $0.0234, and analysts predicting it could reach $1 by 2025. This impressive growth, coupled with strong community support, positions BlockDAG as a leading contender for investors seeking substantial returns in the crypto space. In addition to BlockDAG, other notable projects include Bittensor (TAO), which integrates advanced machine intelligence capabilities, and Sui (SUI), known for its lightning-fast transaction speeds. Bittensor allows users to develop and share AI models within a decentralized framework, despite experiencing a recent dip in value. Meanwhile, Sui has gained recognition for its ability to handle thousands of transactions per second, making it an attractive option for decentralized applications. Both projects highlight the innovative approaches reshaping the blockchain landscape. Arbitrum (ARB) and Aave (AAVE) are also making waves in the industry. Arbitrum addresses Ethereum's scalability challenges, offering faster and more cost-effective transactions. Aave, on the other hand, is redefining crypto lending with its unique Safety Module, ensuring secure and reliable borrowing options. With Aave's recent growth of 52.05% in the past month, it continues to solidify its position in the decentralized finance sector. As these projects evolve, they present exciting opportunities for investors looking to capitalize on the dynamic cryptocurrency market.

2024 has been a transformative year for Arkreen Network, establishing itself as a leader in the Decentralized Physical Infrastructure (DePIN) sector. The launch of its Mainnet and the deployment of over 190,000 Green Energy Data Nodes signify a significant leap in the on-chain energy asset protocol. Arkreen's flagship initiatives, including the Community Solar Program (CSP) and the Plug for Green Program (PGP), have empowered global participants to engage in decentralized energy infrastructure and climate action. With industry backing from Polygon, Celo, and Solana, Arkreen is poised to revolutionize the voluntary carbon market through tokenized Renewable Energy Certificates (RECs), projecting a DePIN market growth to over $3.5 trillion by 2028. Arkreen's achievements in 2024 are noteworthy, with significant milestones such as the issuance of 131,920 MWh of on-chain tokenized REC assets and the offsetting of over 6,798 tons of CO2 through 808,176 on-chain climate actions. The Community Solar Program, launched in April, enables participants to self-certify renewable energy generation data on the blockchain, promoting an innovative “Impact to Earn” mechanism. Additionally, the Remote Miner Pro initiative enhances accessibility for green energy mining, while the REC Real-World Asset (RWA) initiative allows for community-driven certification of green energy data, creating new pathways for individuals to engage in climate action. Looking ahead, Arkreen's vision for 2025 is to continue driving innovation in decentralized energy solutions. The integration of battery solutions through the Battery Bank Program (BBP) and the expansion of the Plug for Green Program reflect Arkreen's commitment to sustainable energy practices. With ongoing partnerships and collaborations aimed at enhancing renewable energy adoption and decentralized solutions, Arkreen is set to play a pivotal role in shaping a greener future. The community's engagement and the strategic initiatives undertaken in 2024 lay a robust foundation for Arkreen's continued success in the evolving landscape of renewable energy and decentralized infrastructure.

In the rapidly evolving landscape of Web 3.0, decentralized physical infrastructure networks (DePIN) are emerging as a transformative force. These networks aim to decentralize essential services such as data storage and computing, making them more accessible and efficient. Among the standout projects in this domain are The Graph Protocol, Theta Network, Akash Network, Arweave, Filecoin, and Render Network. Each of these projects contributes uniquely to the decentralization movement, offering innovative solutions that challenge traditional centralized models. The Graph Protocol serves as a decentralized indexing protocol that allows developers to access blockchain data quickly through GraphQL queries. By creating an open market for indexed data, it empowers users to curate and sell data sets known as subgraphs, enhancing the efficiency of decentralized applications (DApps). Similarly, Theta Network revolutionizes video streaming by utilizing users' spare bandwidth to create a decentralized content delivery network (CDN). This not only reduces load times but also incentivizes users through its operational token, TFUEL, fostering a community-driven approach to content delivery. On the cloud computing front, Akash Network offers a decentralized alternative to traditional services, enabling users to rent out their excess computing power. This model significantly reduces costs and democratizes access to cloud resources. Arweave stands out by providing permanent data storage solutions, ensuring that information remains accessible indefinitely without ongoing fees. Filecoin complements this by allowing users to rent out spare storage space, creating a decentralized marketplace for data storage. Lastly, Render Network leverages idle GPU power for tasks like 3D rendering, establishing a decentralized marketplace that connects users needing computational resources with those who have them available. Together, these projects are shaping a more open and accessible digital future, highlighting the potential of DePIN in the Web 3.0 ecosystem.

Recent speculation suggests that FXGuys ($FXG) may surpass established altcoins like Solana (SOL) and Filecoin (FIL) in the upcoming bull market. Both SOL and FIL have experienced notable downtrends, with corrections of 25% and 12% respectively over the past month. In contrast, FXGuys is attracting traders with its innovative programs, particularly the Trader Funding Program, which empowers users to potentially turn a $100 investment into $10,000 by participating in its Stage 2 public presale, where $FXG is priced at $0.04. This has led to increased interest in FXGuys as a promising investment opportunity. Solana, currently in a downtrend, has seen a 27% decline from its all-time high of $264. A crypto analyst, Carl Runefelt, noted that Solana has successfully tested a triangle pattern and could see a surge to $330 if it maintains levels above $180. The $175 support level is crucial for SOL, as holding this could trigger a rally, while a breach may lead to further selling pressure. Meanwhile, analysts believe that $FXG has the potential to outperform SOL and FIL in the upcoming bull run due to its unique offerings and market positioning. Filecoin is also gaining attention, particularly with a reported 30% growth in decentralized storage usage and the launch of Filecoin Web Services. Despite a 12% price drop in the last month, analysts indicate that FIL has broken out of a two-year descending triangle pattern, signaling a potential end to its bearish phase. With a solid support level at $5, FIL could aim for a retest of its recent high of $8.25. However, the consensus among experts is that $FXG is poised to deliver significant returns, with projections suggesting it could achieve a remarkable 10,000% ROI in the next bull run, making it an attractive option for investors looking for high-growth opportunities.

As 2024 comes to a close, Nubila Network celebrates a year filled with significant achievements and innovations in the realms of decentralized physical infrastructure networks (DePIN) and MachineAI. The Nubila community has witnessed the deployment of over 18,000 Marco devices, which have created a unique decentralized network capable of monitoring hyperlocal weather and contributing to sustainability efforts. Additionally, the sale of 15,000 validator nodes has exceeded expectations, enhancing the transparency and efficiency of the Nubila network. The integration of Marco and node data into industries such as agriculture and renewable energy through the Nubila ESG Oracle showcases how DePIN can effectively address real-world challenges, marking a pivotal year for the project. MachineAI has also played a crucial role in transforming data into actionable insights, aiding industries in disaster preparedness and resource optimization. The collaboration with partners like IoTeX and VeChain has propelled the development of smarter ecosystems, making strides in smart cities and precision agriculture. Furthermore, Nubila's commitment to sustainability has led to the establishment of the largest ESG data network, empowering industries to make informed, environmentally conscious decisions. The support from prominent industry players has fueled Nubila's growth, allowing it to set new standards in ESG data integration and transparency. Looking ahead to 2025, Nubila plans to ramp up the deployment of Marco devices and enhance MachineAI's capabilities with predictive insights. The expansion of the DePIN ecosystem is also on the horizon, with new partnerships and applications aimed at redefining the use of real-world data. A mysterious development known as the “N” factor is generating excitement, promising to introduce innovative engagement and utility within the Nubila ecosystem. The Nubila community's unwavering support has been instrumental in these achievements, and together, they are poised to continue building a sustainable future powered by decentralized data networks and AI-driven insights.

Kyle Samani, co-founder of Multicoin Capital, has made an optimistic forecast regarding the future of decentralized enterprises, specifically Helium, Hivemapper, and io.net. He predicts that by the end of 2025, their combined revenue will exceed $100 million. Currently, these companies are generating over $50 million annually, and Samani believes that this figure could triple in the coming year. He emphasizes that 2025 will be a crucial year for decentralized physical infrastructure networks, particularly those built on the Solana blockchain, which are expected to significantly impact various industries by decentralizing essential infrastructure. Multicoin Capital is recognized for its focus on innovative technologies that aim to decentralize and enhance critical infrastructure. The firm invests in both private equity and tokens for blockchain projects, providing support to entrepreneurs through various financing rounds. Among its notable investments are HNT, HONEY, and IO, all of which are working to revolutionize traditional industries with blockchain solutions. HNT, for instance, is a decentralized wireless network provider that incentivizes individuals to establish low-power wireless hotspots, transforming the wireless communication landscape. In addition to HNT, HONEY is another key project in Multicoin's portfolio, which leverages user-generated content and blockchain technology to create a global map that allows contributions and profit-sharing. Meanwhile, IO is focused on decentralized cloud computing, offering infrastructure for high-performance applications. Samani's insights underline Multicoin's commitment to fostering decentralized innovation and supporting projects like Solana, which are paving the way for a future where decentralized networks will be integral to global infrastructure, reflecting a shift towards more decentralized solutions.

On December 30, Binance announced the launch of USDT perpetual contracts for the native tokens of dForce and Phala Network, marking a significant development in the cryptocurrency trading landscape. The dForce token experienced a remarkable surge of 26% following the announcement, reflecting strong market interest. The trading for PHAUSDT commenced at 11:30 UTC, while DFUSDT was listed shortly after at 11:45 UTC. Both contracts offer up to 75x leverage and have a tick size of 0.00001, with maximum financing rates set at +2.00% and -2.00%. The funding fee will be calculated every four hours, and Binance will support multi-asset trading for these perpetual tokens. The dForce token, currently trading at approximately $0.095, has shown impressive growth, with a 30% increase over the past week and a staggering 103.71% rise in the last month. With a market capitalization exceeding $83.2 million, dForce ranks 636th in the crypto market. Its fully diluted valuation stands at $84 million, and it has recorded a 24-hour trading volume of $157 million, indicating robust trading activity and investor confidence. In contrast, the Phala Network's PHA token saw a more modest increase of 10% post-listing. However, its long-term performance is promising, with a remarkable 327% rise in the past week and approximately 212% in the last month. dForce is recognized for its decentralized finance infrastructure, providing various protocols including decentralized stablecoins and yield tokens, while Phala Network focuses on privacy and secure cloud computing solutions in the Web3 space, utilizing the PHA utility token to power its operations.

IoTeX, a leader in decentralized physical infrastructure networks, has recently joined the Blockchain Association, a prominent advocacy group for the crypto industry in Washington, D.C. The Blockchain Association highlighted that decentralized physical infrastructure networks represent a revolutionary category of blockchain technology, bridging the gap between real-world devices and the digital landscape. This innovation encompasses everything from IoT-enabled smart devices to tokenized physical assets, showcasing significant transformative potential. However, the widespread adoption of these technologies hinges on achieving regulatory clarity, which is essential for their growth and integration into the market. Raullen Chai, co-founder and CEO of IoTeX, emphasized the importance of collaboration with policymakers in fostering a robust decentralized infrastructure ecosystem. By becoming a member of the Blockchain Association, IoTeX aims to leverage its expertise to navigate legal complexities and create clear pathways for launching and scaling decentralized physical infrastructure network projects. Chai believes that with the right regulatory framework, the full potential of decentralized infrastructure can be unlocked, ultimately benefiting a broader user base and empowering individuals through accessible technology. The Blockchain Association, which consists of nearly 100 companies and protocols, is dedicated to establishing sensible and innovation-friendly regulatory frameworks for blockchain technology. IoTeX plans to actively engage in various working groups within the association, focusing on policies that facilitate innovation in decentralized physical infrastructure networks in the U.S. This includes addressing regulatory challenges, ensuring equitable access for users, and supporting the tokenization of physical assets in compliance with U.S. law. Dan Spuller, senior director of industry affairs at the Blockchain Association, expressed enthusiasm for IoTeX's involvement, noting that their leadership in the DePIN space will provide valuable insights as the association advocates for policies that promote innovation and inclusivity in decentralized networks.

Swaroop Hegde, CEO and Co-Founder of Powerloom, recently discussed the company's mission to enhance data integrity in blockchain during an episode of The SlateCast. Powerloom utilizes a decentralized node network to ensure verifiable on-chain data integrity for web3 applications. Supported by prominent investors like Blockchain Capital and Filecoin, Powerloom aims to set a new benchmark for composable and decentralized data solutions, transforming user interactions with on-chain data and driving innovation in web3 applications. Hegde emphasized the current challenges in accessing and verifying on-chain data, which often depend on centralized sources, leading to potential data manipulation and outdated information. Powerloom addresses these inefficiencies through its decentralized node network, which allows real-time data computation without centralized intermediaries. With over 5,300 nodes, even non-technical users can contribute, ensuring the reliability and verifiability of the data provided. This unique approach focuses on dynamically composing data based on demand rather than indexing all available data, catering to various use cases across multiple chains. A notable feature discussed was Powerloom's Generative Prediction Markets (GPM), an automated on-chain prediction system that resolves in 30 minutes without human intervention. This innovative application demonstrates the potential for new products built on Powerloom's decentralized infrastructure. Looking ahead, Hegde outlined plans for 2025, including the introduction of dynamic data markets and a feature called Watchmen, aimed at verifying data accuracy in real-time. Powerloom's mission is to simplify access to decentralized data while fostering innovative applications, ensuring transparency and reliability as the web3 landscape evolves.