Latest DePIN News

Decentralized Edge AI Platform Network3 to Launch $N3 Token Trading on Bybit, Gate.io, and BingX According to official sources, the decentralized Edge AI infrastructure platform Network3 will simultaneously launch spot trading of the token $N3 on Bybit, Gate.io, and BingX exchanges on January 22, 2025, at 8:00 (UTC). This milestone event signifies a crucial step for Network3 in realizing the value of user Edge Data and computing power, injecting strong momentum into the ecosystem's development and expansion. Network3 is currently conducting a Pre-TGE airdrop activity, rewarding the community with 50 million tokens. Users simply need to log in to the official Network3 website and complete specified tasks to receive a free airdrop quota worth 40,000 points, which can be exchanged for $N3 after TGE. Additionally, the activity offers NFT acceleration cards to help users enhance node mining efficiency. In July 23, 2024, Network3 successfully completed a $5.5 million pre-seed & seed round of financing, with investors including Borderless, EV3 Labs, loTeX, SNZ, Bing Ventures, Waterdrip Capital, Web3Port Foundation, and other well-known venture capital institutions.

NodeOps, a decentralized node-as-a-service (NaaS) platform, achieved $2.5M in revenue in 2024, managed $63.3M in assets, and demonstrated an impressive CAGR of 350% over the last six months. According to the figures released in the latest Messari State of DePIN report, this places NodeOps as one of the top 10 projects in the DePIN space. Raised $5M from L1D, Finality Capital, BFF and angels such as Sandeep (Polygon), JD Kanani (Polygon), Rushi (Movement), Sunil Sharma (Circle) and Richard (Quantstamp) with participation from, BitScale Capital, Double Peak Group [https://finance.yahoo.com/news/nodeops-secures-top-spot-among-133300369.html?guccounter=2]

In the rapidly evolving Internet of Things (IoT) landscape, the emergence of various connectivity standards has led to significant fragmentation, complicating the integration of IoT devices into cohesive networks. To address this challenge, the Chirp project has introduced a decentralized physical infrastructure network (DePIN) designed to enhance the connectivity and management of IoT devices. Chirp operates on a mesh network architecture utilizing LoRa and Sub-GHz LoRaWAN radio communication, supported by a comprehensive ecosystem known as Chirp Wireless. This ecosystem is tailored to power decentralized sensors, robotics, and other IoT devices, with hardware gateways called Blackbirds maintained by a decentralized community known as the Keepers. The Blackbird devices play a crucial role in providing network coverage through multiple connection protocols, including 2.4 GHz LoRa, Sub-GHz LoRaWAN, Zigbee, Bluetooth Low Energy (BLE), and Thread. This versatility makes Chirp suitable for both residential and commercial applications, facilitating both high-bandwidth close-range communication and sparse long-range connectivity. Keepers are incentivized with CHIRP tokens for their contributions to maintaining the network infrastructure. Notably, Chirp differentiates itself from other platforms, such as Helium, by having a single licensed manufacturer for its nodes, which helps manage supply and maintain appropriate reward levels, thus preventing network oversaturation. The CHIRP token is integral to the Chirp ecosystem, serving multiple purposes, including rewarding Keepers, granting access to the network, and managing governance processes. Users can connect devices through various subscription models, with payments made in CHIRP tokens on the Sui blockchain. With a total supply capped at 300 million tokens, the distribution is planned over the first ten years post-token generation event (TGE). While Chirp presents a promising solution to unify the fragmented IoT sector, its current stage, with approximately 400 active nodes and limited commercial clients, highlights the need for stable revenue generation to ensure ongoing network participation. The future of Chirp hinges on its ability to attract commercial users who can provide consistent demand for its services.

On January 22, 2025, Network3 AI is set to launch its new product, N3, on the IoTeX platform. This innovative offering combines decentralized AI access with advanced technology, marking a significant step in the integration of decentralized physical infrastructure networks (DePIN) and artificial intelligence (AI). The launch is expected to attract tech enthusiasts to the IOTX ecosystem, potentially driving up adoption rates and influencing the token's price positively if the community responds favorably. The introduction of N3 is not just a technological advancement; it represents a shift towards democratizing access to AI. By leveraging edge-computing and GPU capabilities, Network3 AI aims to provide users with enhanced tools that can empower them in various applications. As with any new technology, the anticipation surrounding N3 is likely to generate speculation and excitement within the market, which could lead to increased investment in IOTX as stakeholders look to capitalize on the potential growth. As the countdown to the launch continues, the community is encouraged to mark their calendars for this pivotal event. The collaboration between Network3 AI and IoTeX signifies a promising future for decentralized technologies and their applications in AI. With the launch just around the corner, all eyes will be on how N3 performs and its impact on the broader blockchain ecosystem.

DeepLink is breaking boundaries in the gaming world by combining AI, blockchain, and decentralized GPU clusters to deliver ultra-low latency cloud gaming experiences. Designed to make gaming accessible and scalable, DeepLink empowers users to enjoy high-performance gameplay on any device, from AAA games to immersive VR/AR environments. * Key Features of DeepLink * ✅ Decentralized GPU Clusters: High-performance GPU clusters ensure seamless gaming experiences without the need for costly hardware upgrades. * ✅ AI Optimization: Leveraging AI to deliver smooth gameplay, reducing latency, and enhancing visual quality for players worldwide. * ✅ Accessible Gaming: Turns low-end devices into gaming powerhouses, democratizing premium gaming experiences for all. * ✅ Blockchain Integration: Enables transparent, secure transactions and decentralization for a trustworthy gaming ecosystem. * ✅ Scalable & Cost-Effective: From indie developers to AAA publishers, DeepLink offers a flexible and affordable infrastructure for gaming and entertainment.

In 2025, DRIFE is set to revolutionize the ride-hailing industry with a series of exciting innovations and expansions. Following a successful 2024, the company plans to broaden its reach into major cities across India, North Africa, Europe, and Southeast Asia. This expansion aims to alleviate the commuting woes of urban dwellers, offering a reliable alternative to traditional transportation. DRIFE's commitment to growth is not just about geographical expansion; it also includes enhancing user experience and engagement through innovative features and services. One of the standout initiatives is the introduction of token rewards, allowing users to earn DRF tokens through various activities such as sharing location data and referring friends. This gamification of the commuting experience transforms everyday rides into potential side hustles, making it an attractive option for users. Additionally, DRIFE is launching the Infinity Pool, a staking mechanism that connects users' rewards to the performance of multiple cities, thus integrating decentralized finance with global mobility in a novel way. Moreover, DRIFE is enhancing transparency by putting ride-related data on the blockchain, ensuring users can verify operations through a public dashboard. Personalization features will also be rolled out, tailoring ride experiences to individual preferences. With new ride categories like Ride Now and Scheduled Rides, as well as expanded multi-language support, DRIFE is poised to cater to a diverse user base. As the company gears up for an ambitious year ahead, it invites users to engage and share their thoughts on future expansions, emphasizing a collaborative approach to redefining transportation.

Evan Park from Tribe Capital has expressed a bullish outlook on Decentralized Physical Infrastructure Networks (DePIN), identifying three primary factors that contribute to his optimism: diverse use cases, sustainability, and significant revenue potential. Tribe Capital has invested in several DePIN projects, including Wynd Networks, which operates Grass, the flight tracking initiative Wingbits, and Akash. Park emphasizes the importance of assessing whether these projects address genuine problems that can generate real demand, indicating a critical approach to evaluating potential investments in this space. When evaluating DePIN projects, Park is particularly cautious about revenue claims that do not stem from the underlying network. He stresses the need to understand the sources of revenue, questioning whether users also serve as validators and if their contributions to the network directly correlate with revenue generation. Park also prioritizes organic growth and seeks validation of demand, indicating a thorough due diligence process that goes beyond surface-level metrics. A strong team and a founder with deep industry knowledge are significant indicators of a project's potential success in Park's view. This perspective aligns with insights shared by other industry experts, such as Wyatt Lonergan from VanEck Ventures, who also highlights the importance of project teams in the DePIN sector. Park notes that having domain expertise, alongside crypto-native experience, is crucial for success in this evolving landscape. As DePIN continues to gain traction, understanding these dynamics will be essential for investors and stakeholders looking to navigate this innovative sector effectively.

In the first half of January 2024, Solana experienced a turbulent period, slipping nearly 4% before a sharp recovery following the release of the U.S. Consumer Price Index (CPI) data, which showed a 2.9% inflation rate. This slip was largely attributed to a broader crypto market malaise, influenced by Bitcoin's volatility, which saw prices briefly dip below $90,000 before rebounding. Despite this, Solana's decentralized finance (DeFi) ecosystem remains robust, with a total value locked (TVL) of approximately $8.7 billion, solidifying its position as the second-largest DeFi network, even as its TVL experienced a slight decline. The Solana ecosystem faced additional challenges as Mango Markets, a decentralized exchange (DEX) operating on the network, announced its shutdown following a settlement with the U.S. Securities and Exchange Commission (SEC). This closure highlights ongoing regulatory pressures within the crypto space. On a more positive note, institutional interest in Solana-based exchange-traded funds (ETFs) is growing, with projections suggesting that these could attract up to $5.2 billion in their first year. Furthermore, the launch of Nosana's GPU marketplace aims to democratize access to AI computational power, showcasing Solana's commitment to innovation. Amidst these developments, the Solana meme coin market has seen significant activity, including a notable incident where a trader spent $200,000 in fees to acquire a meme coin, only to incur substantial losses. Additionally, a hack of Litecoin's X account was reported, which scammers exploited to promote a fraudulent Solana-based token. As the market continues to evolve, traders are advised to remain vigilant against scams and verify token sources to protect their investments. Overall, while Solana faces headwinds, its ecosystem's resilience and growth potential remain evident.

The DePIN (Decentralised Physical Infrastructure Networks) sector is experiencing a significant transformation, with Roam emerging as its new leader. Unlike other DePIN projects, Roam has yet to issue a coin, allowing ordinary users to participate and potentially earn rewards through airdrops. DePIN projects primarily focus on resource integration, encouraging users to share personal resources like storage space and communication traffic via token incentives. The market for DePIN has expanded rapidly, boasting nearly 4.56 million devices across 196 countries, valued at approximately $7.1 billion. Roam stands out with 1.18 million devices, dominating the DePIN landscape, especially in regions like Southeast Asia, where the crypto industry is flourishing. Roam operates at the intersection of Web3 and telecommunications, providing a decentralized wireless network. Users can engage with Roam by purchasing hardware for mining or applying for eSIM cards to earn free data traffic through task completion. The Roam Telecom Data Layer is pivotal, comprising modules that enhance network infrastructure, incentivize user participation, and foster community governance. Roam's future plans include accelerating the implementation of this data layer and integrating AI, which is crucial for maintaining a competitive edge in the evolving DePIN landscape. The integration of AI with Roam's decentralized infrastructure addresses critical data challenges faced by AI projects. By leveraging communication data, Roam aims to provide high-quality datasets while ensuring user privacy through decentralized identity technologies. This innovative approach not only enhances the data quality available for AI training but also expands the breadth of data sources. Ordinary users can participate in DePIN by sharing their Wi-Fi, earning points, and engaging in airdrop opportunities, thus lowering the barrier to entry and fostering broader community involvement in this burgeoning sector.

Retail stores globally are grappling with a significant staffing shortage, a trend exacerbated by demographic shifts in developed nations. To tackle this challenge, Auki Labs is intensifying its focus on robotics and AI, believing these technologies can enhance operational efficiency and improve customer experiences. The company has recently announced two key updates regarding its robotics initiatives, which include advancements in their proprietary robot and efforts to ensure compatibility with robots from other manufacturers, starting with Unitree's models. This initiative aims to create an interoperable machine perception network that allows various robots and devices to collaborate seamlessly in commercial spaces. The first update highlights enhancements made to Auki's store robot, which now boasts increased interactivity and smarter functionalities. A new front-facing camera provides real-time data to a reconstruction server, enabling the robot to maintain an updated digital representation of its environment. This improvement not only enhances the robot's spatial awareness but also automates the mapping process. Furthermore, the robot features a touch screen interface, allowing customers to search for products and receive guided assistance, thereby streamlining one of the most common customer service interactions in retail. This capability is particularly crucial given the ongoing staffing challenges faced by retailers. The second update introduces the Unitree Go2-W, a robotic guard dog designed to patrol retail environments. Equipped with sensors and a searchlight, this robot can monitor store conditions and alert staff to potential issues, such as abandoned packages. Auki Labs is committed to advancing the integration of various robotic technologies through its Auki network, enhancing their capabilities and creating a more efficient retail experience. As Auki Labs continues to innovate in the realm of robotics and spatial computing, the future of retail appears poised for transformation, promising improved service and operational efficiency in the face of ongoing staffing shortages.