Latest GEODNET News

Borderless Capital, a leading Web3 investment manager, has announced the launch of its third DePIN-focused fund, a $100 million fund dedicated to accelerating the growth and development of Decentralized Physical Infrastructure Networks (DePIN). The fund is backed by prominent investors like peaq, Solana Foundation, Jump Crypto, IoTeX, GSR, and others. DePIN is revolutionizing the construction and maintenance of physical infrastructure by leveraging blockchain technology and token incentives. This decentralized approach allows for the creation of various applications, such as connectivity networks and GPU clusters, more efficiently and cost-effectively than traditional Web 2.0 models. Notably, the Helium Network and GEODNET showcase the rapid growth potential of DePIN in deploying IoT antennas and RTK networks on a large scale. Borderless Capital's Partner, Álvaro Gracia, expressed confidence in DePIN's transformative potential within the Web3 space, emphasizing its role in setting global standards for deploying physical infrastructure and generating passive income while enhancing user accessibility and reducing costs.

Wingbits Partners with GEODNET Foundation to Develop Professional-Grade Flight Tracking Nodes for Secure ADS-B Infrastructure. The partnership aims to qualify new nodes for reliable ADS-B and RemoteID tracking data, offering secure location capabilities and triple-band GNSS signals. Wingbits plans to launch the nodes on October 1st, 2024, with a goal of expanding the network to over 10,000 stations by 2025.

The DePIN Association has officially formed, uniting ten organizations to advance decentralized physical infrastructure networks. Founding members include Acurast, peaq, DePINHub, PowerLedger, U2U Network, POKT Network, SafeJunction, IoTeX, and Geodnet, each contributing to a connected, decentralized world vision. The association aims to foster innovation, set industry standards, and promote decentralized infrastructure networks using blockchain for transparency, security, and efficiency. Initiatives include standardization, R&D support, education, and events.

Discover the top DePIN crypto mining projects for June 2024, designed to maximize passive income and crypto investments. DePIN, or Decentralized Physical Infrastructure Networks, integrates blockchain with physical systems, set to thrive in the upcoming bull market. Dive into the top 10 projects and their respective discount codes to accelerate your DePIN journey. GEODNET: A web3.0 blockchain-based RTK Network that enhances GPS accuracy for AI-based autonomous systems. With an estimated monthly earning of $430 and a break-even ROI in 45 days, GEODNET is accessible with just an elevated outdoor spot. NATIX: Mobilize your car to contribute to a decentralized dynamic map of the world, incentivizing users to map their surroundings for smart-city applications. DIMO: Aims to create a human-centric connected mobility ecosystem, where developers innovate freely, and privacy coexists with progress. Soarchain: A Layer 1 Network fostering a decentralized ecosystem for the mobility industry, offering instant ROI post airdrops. WeatherXM: A community-driven weather network rewarding weather station owners and providing accurate services to various entities. Fry Foundation: Built on the Algorand ecosystem, FrysCrypto aims to accelerate mainstream crypto adoption while reducing e-waste. UpRock: Contribute to AI discoveries by simply using your phone, earning rewards in the process. Grass: Monetize your unused internet bandwidth without compromising privacy, contributing to the growth of AI. Silencio: A network rewarding users for hyper-local noise pollution data, aiming to become the world's largest citizen science project. Hivemapper: Create the world's freshest decentralized map with transparent incentives, using just your phone and car. Explore each project's mission, requirements, and potential earnings to find the best fit for your DePIN crypto mining endeavors. Remember, this list is a guide to help you maximize your investments and passive income ambitions. For further insights, refer to the DePIN sector map from Messari. Please note that this is not financial advice; always conduct your own research.