Latest DePIN Funding News

Wicrypt Announces Liquidity Consolidation for $WNT on Asset Chain cover
2 months ago

Wicrypt Announces Liquidity Consolidation for $WNT on Asset Chain

The Wicrypt Network has announced a significant update regarding its native token, the Wicrypt Network Token ($WNT), as part of its ongoing mission to decentralize internet access. Effective August 15, 2025, the liquidity pool for $WNT on Uniswap will be closed, and all liquidity will be consolidated exclusively on Asset Chain, Wicrypt's co-built Layer-1 blockchain. This strategic move aims to enhance the trading experience for $WNT holders by reducing fragmentation, improving price stability, and minimizing slippage during trades. Centralized exchanges such as Bitmart and MEXC will also transition to supporting only $WNT on Asset Chain, ensuring consistency across trading platforms. The decision to consolidate liquidity on Asset Chain is driven by the desire to create a more efficient ecosystem. By utilizing Asset Chain's native DEX, Wicrypt aims to lower transaction fees and facilitate seamless integration with its decentralized internet-sharing protocol. Users currently providing liquidity on Uniswap or holding $WNT on other chains like Polygon or Arbitrum are encouraged to withdraw their assets and bridge them to Asset Chain before the deadline. This transition is designed to maximize value for the community and streamline the $WNT ecosystem. Key dates for this transition include the announcement of the Uniswap pool closure on August 8, 2025, followed by the official deprecation of the liquidity pool on August 15, 2025. Wicrypt is committed to supporting its users throughout this process, offering assistance via its official Telegram community. The consolidation of liquidity on Asset Chain reflects Wicrypt's dedication to building a scalable and user-friendly ecosystem for $WNT holders, ultimately aiming to revolutionize decentralized internet access for all users in the community.
Oblong Inc. Invests $8 Million in TAO, Shifting to Decentralized AI Assets cover
2 months ago

Oblong Inc. Invests $8 Million in TAO, Shifting to Decentralized AI Assets

Oblong Inc. has made a significant move by investing $8 million into Bittensor’s TAO token, fully staking it with a main validator to bolster network operations. This strategic pivot, executed by the company traded on Nasdaq under the ticker OBLG, marks a decisive shift in its treasury strategy towards decentralized AI assets. By aligning its financial resources with distributed AI ecosystems, Oblong aims to enhance its long-term asset growth and innovate within the blockchain space. This transition follows a successful $7.5 million capital raise, which was directed towards acquiring digital assets, positioning Oblong as a forward-thinking player in the crypto market. The complete staking of TAO signifies Oblong's departure from traditional cash management practices, as it embraces a blockchain-based asset portfolio. With no outstanding debt and $4.3 million in cash at the end of Q1 2025, the company is committed to balancing innovation with financial performance. Oblong plans to assess new TAO purchases on a weekly basis, indicating a sustained engagement with blockchain-driven AI infrastructure. Furthermore, the firm will disclose staking performance and token data in its Q2 2025 earnings report, which is expected to bolster shareholder confidence as it expands its digital asset footprint. TAO serves as the backbone of a decentralized AI marketplace, rewarding contributions through a permissionless incentive system. By staking TAO, Oblong not only increases its exposure to staking rewards but also actively supports decentralized computing systems. This strategic alignment with Bittensor’s architecture allows Oblong to facilitate open AI experimentation without centralized constraints. As the company explores potential partnerships within the Bittensor ecosystem, it aims to develop complementary technologies that reinforce its blockchain-first vision. With a market capitalization of approximately $6.6 million, Oblong is poised to redefine its operational outlook by integrating crypto-based assets into its core business strategy.
GEODNET Reports Strong Q2 2025 Growth and Strategic Expansions cover
2 months ago

GEODNET Reports Strong Q2 2025 Growth and Strategic Expansions

In Q2 2025, GEODNET reported a remarkable 19% quarter-over-quarter revenue increase, rising from $812,000 to over $963,000, driven by the global expansion of its Real-Time Kinematics (RTK) station network. With annualized revenue approaching $3 million, GEODNET stands out in the Decentralized Physical Infrastructure Network (DePIN) sector, surpassing many of its competitors. The network now boasts over 19,000 active Satellite Miners across 145 countries, solidifying its position as the largest RTK network globally. Notably, GEOD token burns reached an all-time high of 3.8 million in Q2 2025, reflecting a 67% increase from the previous quarter, which further supports the network's long-term sustainability and value capture initiatives. GEODNET operates on a decentralized model where individual operators set up RTK Base Stations, known as Satellite Miners, that capture satellite signals and provide real-time correction data with centimeter-level accuracy. The network's growth is attributed to strategic partnerships with companies like DroneDeploy and Quectel, enhancing its service offerings in enterprise drone mapping and IoT solutions. Additionally, GEODNET has implemented a 50% reduction in daily token commissions to mitigate inflation and support its contributors. The network's performance-based incentives introduced under the GIP-6 governance proposal are designed to improve data reliability while maintaining token supply discipline. Looking ahead, GEODNET is poised for further expansion and technological advancements. Plans include integrating Low Earth Orbit (LEO) satellite tracking to enhance GNSS reliability, fusing RTK data with Inertial Measurement Units (IMUs) and LiDAR for precise positioning in challenging environments, and developing a custom RISC-V-based robotics chip for real-time sensor fusion. These initiatives will not only strengthen GEODNET's infrastructure but also position it as a leader in precision geolocation and decentralized systems for autonomous applications, ensuring continued growth and innovation in the coming years.
Helium Network Sees Significant Growth in Q2 2025 with New Partnerships and Product Launches cover
2 months ago

Helium Network Sees Significant Growth in Q2 2025 with New Partnerships and Product Launches

In Q2 2025, the Helium Network demonstrated remarkable growth, achieving a cumulative total of 2,721 TB of data offloaded from major U.S. mobile carriers, marking a 138.5% increase quarter-over-quarter (QoQ). The number of accounts registered with Helium Mobile surged by 94.1%, reaching over 311,200. This growth was accompanied by a significant rise in average daily Data Credit burns, which increased from $6,170 to $10,423. The Helium Foundation also launched a $50 million grant program aimed at enhancing network coverage, starting in New York City and expanding throughout the U.S. and Mexico over the next year. Additionally, Helium Plus was soft-launched, allowing businesses and public WiFi providers to join the network by upgrading their existing routers. The Helium Network operates as a decentralized wireless network, providing both cellular and low-power Internet of Things (IoT) connectivity. It utilizes a unique model where users deploy Hotspots and earn HNT tokens, incentivizing community participation. The network's partnership with telecom giants like AT&T and Telefónica's Movistar has enabled it to extend its reach and improve service quality, particularly in underserved areas. The Carrier Offload Program has been a significant driver of growth, allowing legacy telecom customers to connect to Helium Hotspots, which has led to a substantial increase in paid traffic and user engagement. Despite a broader market downturn that saw HNT's market cap decrease by 23.7%, the Helium Network's operational performance and strategic partnerships position it for sustained growth. The dismissal of the SEC lawsuit against Helium provided regulatory clarity, further strengthening its foundation. The implementation of HIP-141, which unified the governance model under HNT, has streamlined decision-making and encouraged long-term stakeholder commitment. With new product offerings like the “Sprout” kids plan, Helium is poised to expand its market presence and continue evolving as a decentralized alternative in the global wireless landscape.
TAO Synergies Expands Bittensor Holdings Amid Growing Interest in Decentralized AI cover
2 months ago

TAO Synergies Expands Bittensor Holdings Amid Growing Interest in Decentralized AI

TAO Synergies, a Nasdaq-listed company, has significantly bolstered its treasury holdings in Bittensor, a decentralized artificial intelligence project. The company currently holds 42,111 TAO tokens, which it has acquired through purchases and staking. In July, TAO Synergies made a notable investment of $10 million in Bittensor tokens, further solidifying its strategy to focus on this digital asset. Following this announcement, the price of TAO saw a slight increase of about 3%, trading around $347, although it remains below its peak of $700 from December 2024. The recent acquisition of Bittensor tokens adds to the 29,899 tokens that TAO Synergies purchased for $334 each earlier in July. Joshua Silverman, the executive chairman of TAO Synergies, emphasized the company's commitment to accumulating TAO tokens through both purchases and staking. He stated that their strategy is centered around the intersection of decentralized AI and blockchain technology, positioning TAO Synergies as the largest publicly traded digital asset treasury company focused solely on the Bittensor network and its DeAI protocol. In addition to its investment strategy, TAO Synergies has partnered with BitGo to leverage its infrastructure for the custody, staking, and trading of its TAO holdings. The company's pivot towards AI-related cryptocurrencies began with its rebranding from Synaptogenix in late June. With the growing interest in decentralized AI, other companies like xTAO are also investing in Bittensor, with xTAO reporting holdings of 41,538 TAO tokens in July, indicating a broader trend in the market towards decentralized AI assets.
Roam's Journey: Transforming Global Connectivity Through Web3 Innovations cover
2 months ago

Roam's Journey: Transforming Global Connectivity Through Web3 Innovations

Roam, originally known as MetaBlox, has evolved significantly since its inception four years ago, now connecting users to over 5.4 million self-deployed WiFi nodes across more than 190 countries. This transformation into a Web3 telecom leader reflects Roam's commitment to secure and seamless wireless access. By the end of the first half of 2025, the network boasted over 2.5 million users and 5 million nodes, bolstered by strategic listings on platforms like Binance Alpha and PancakeSwap, as well as the introduction of Global and Premium eSIMs that incentivized community participation and adoption. In January 2025, Roam launched the Roam Loan Program in partnership with Huma Finance, allowing users to acquire mining routers with a manageable down payment. The Pilot Burning Pool initiative enabled users to convert Roam Points into $ROAM tokens before the Token Generation Event (TGE), enhancing burn strategies and contributing to a node count increase of 500,000. Throughout the first half of the year, various initiatives, including a Certification System and bounty programs, further solidified Roam's position in the market, with $ROAM achieving significant trading volume upon its listing on multiple exchanges. Looking ahead, Roam aims to deepen its collaboration with AI Agent Mojo GoGo to enhance user engagement and introduce innovative features such as targeted ads and partnerships with gaming and travel platforms. The company plans to expand its Enterprise eSIM solutions globally, focusing on regions like Korea, Japan, and Southeast Asia. Co-founder YZ emphasizes that simplifying access to Web3 is crucial for mass adoption, aiming to create an inclusive environment for all users, including those unfamiliar with technology, while leveraging the economic benefits of Web3.
Nubila Achieves Milestones in July with Growth and New Initiatives cover
2 months ago

Nubila Achieves Milestones in July with Growth and New Initiatives

July marked a significant milestone for Nubila, showcasing impressive growth and advancements in decentralized climate intelligence. The company successfully mined 73,734 B3TR across five mining rounds, with validator participation increasing and new partnerships being established. Notably, 415 Marco devices have been deployed globally, including 209 Cloud Nodes, 33 Rainy Nodes, and 109 Sunny Nodes. This expansion is crucial as Nubila builds the backbone of climate-aware AI, integrating real-time weather data into its ecosystem. The Nubila ecosystem has been active with various campaigns and initiatives. The ongoing Validation Campaign allows participants to earn rewards by reviewing real-time weather data, with the first 100 daily validators receiving B3TR. Additionally, the Nubila Global Tour has launched in Canada, offering opportunities to win Cloud Nodes and earn sNUBI. The Snap to Earn initiative, in collaboration with Nillion Network, encouraged users to share local weather images, resulting in hundreds of submissions and exciting prizes. Furthermore, the July rebate drop successfully redistributed 106,015 B3TR to Marco and Node owners, reinforcing the financial benefits of participating in climate infrastructure. Nubila has also formed strategic partnerships to enhance its offerings. Collaborations with Spheron, UX Link, NodeOps, and ChainAware.ai aim to provide cheaper decentralized GPU compute, unlock WeatherFi in Asia, and integrate predictive AI with weather data. As Nubila continues to innovate, it has gained recognition, winning the IoTeX Crypto’s Got Talent Season 1 and being featured in Cointelegraph. Looking ahead, the Validator Node Sale on August 6 and the launch of Snap-to-Earn Phase 2 are set to further propel Nubila's mission of connecting real-world environmental data to decentralized applications and AI, driving the climate economy forward.
Render Network Transitions to Solana to Enhance Decentralized GPU Computing cover
2 months ago

Render Network Transitions to Solana to Enhance Decentralized GPU Computing

Render Network, a prominent player in the Decentralized Physical Infrastructure Network (DePIN) sector, has announced its strategic migration from Ethereum to Solana. This transition, spearheaded by founder Jules Urbach, aims to enhance the efficiency and scalability of decentralized GPU computing. The move is particularly timely, as the demand for decentralized computing resources continues to grow, allowing Render to better support tasks such as AI inference and blockchain validation in real-time. Following this shift, the RNDR token has seen a significant price increase, reaching $3.25, while the overall DePIN market has surged to a valuation of $7.8 billion, reflecting heightened investor interest and transaction activity. The integration of Solana's high throughput and low latency capabilities is expected to bolster Render's performance, enabling improved task execution across its global network of nodes. Industry experts have noted that this strategic move aligns with broader trends in the DePIN landscape, where blockchain infrastructure is crucial for fostering scalable and efficient decentralized systems. Historical precedents, such as Helium's successful expansion, underscore the potential benefits of such transitions, suggesting that Render's adoption of Solana could lead to increased innovation and user engagement within the decentralized computing space. As the DePIN ecosystem continues to evolve, Render Network is well-positioned to capitalize on the momentum generated by its recent infrastructure upgrades and price rally. Analysts have recognized Render as one of the top DePIN projects to watch in 2025, emphasizing the importance of effective integration with Solana's capabilities and the maintenance of a strong developer and user community. The ongoing evolution of decentralized computing models, exemplified by Render's initiatives, highlights the potential for significant technological and financial growth in this sector, making it an exciting area for both investors and technology enthusiasts alike.
Theta Ecosystem Expands with Major Developments in July 2025 cover
2 months ago

Theta Ecosystem Expands with Major Developments in July 2025

The Theta ecosystem is witnessing significant growth and adoption across various sectors, including sports, media, academia, and AI startups. In the latest July roundup, it was announced that AWS has approved EdgeCloud as the first decentralized platform to integrate its advanced AI silicon, AWS Trainium and Inferentia. This marks a pivotal moment for Theta, as it positions itself at the forefront of AI and decentralized technology integration. In the sports domain, the NHL's San Jose Earthquakes have launched a Theta-powered Quakebot, showcasing the practical applications of Theta's technology in enhancing fan engagement and experience. Additionally, Theta has been added to Crypto.com's institutional custody platform, further solidifying its presence in the cryptocurrency space. The academic sector continues to embrace Theta, with institutions like Syracuse University, George Mason University, and Hongik University becoming the latest customers of EdgeCloud, indicating a growing interest in decentralized solutions for research and development. The private sector is also taking notice, as AI startup Hypernology begins utilizing EdgeCloud for its operations. Furthermore, esports organizations Gen.G and Dignitas have launched their own agentic AI bots built on EdgeCloud, highlighting the versatility of Theta's technology in various industries. As preparations for the ThetaEuroCon conference in September ramp up, Simon Piazolo will be hosting a Theta developer workshop in Berlin, aiming to foster community engagement and innovation within the Theta ecosystem. Overall, these developments reflect a robust trajectory for Theta as it continues to expand its influence across multiple domains.
The Rise of AI in the Cryptocurrency Sector cover
3 months ago

The Rise of AI in the Cryptocurrency Sector

The artificial intelligence cryptocurrency sector is witnessing significant growth as various blockchain projects increasingly integrate machine learning technologies into their platforms. A notable development in this space is the formation of the Artificial Superintelligence Alliance, resulting from the merger of three established platforms: Fetch.ai, SingularityNET, and Ocean Protocol. This alliance aims to create the most powerful decentralized AI network, focusing on AI services, data marketplaces, and autonomous agents. By combining their resources, the three projects intend to enhance their ecosystem presence and develop a comprehensive roadmap for future advancements. Bittensor is another key player in this sector, operating a decentralized neural network that rewards users for training AI models. This innovative approach creates data science marketplaces and facilitates collaborative model training, allowing users to contribute to decentralized decision-making processes. Unlike traditional centralized AI training methods, Bittensor distributes computational work across multiple participants, fostering growth in the decentralized machine learning sector. Additionally, Near Protocol offers a developer-friendly blockchain with advanced consensus mechanisms, supporting real-time transaction speeds essential for AI applications and enabling developers to build scalable smart contracts and AI-powered decentralized applications. In the financial domain, Numeraire powers Numerai, a hedge fund utilizing AI for stock market predictions, employing global data scientists to create predictive models. These scientists stake NMR tokens and receive rewards for their accuracy, merging crowd-sourced intelligence with financial incentives. Render Network addresses the computational demands of AI processing by leveraging idle GPU power worldwide, supporting distributed rendering for AI graphics and deep learning applications. As the AI cryptocurrency market continues to grow, new projects emerge, focusing on various applications, from gaming to cloud computing, while also facing typical cryptocurrency volatility and regulatory uncertainties.
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