Latest DePIN News

Wingbits: Revolutionizing Aviation Data Tracking The Swedish startup, Wingbits, is challenging established players like FlightAware and Flightradar24 in the aviation data industry with a decentralized approach. By leveraging blockchain technology, Wingbits is rewarding hobbyist data collectors through its decentralized physical infrastructure network project, DePIN. This innovative project aims to create a tamper-proof tracking network by launching a satellite in collaboration with Spire Global, carried by SpaceX's Transporter-13 mission. The satellite will validate Wingbits' ground data, enhancing the accuracy of the information provided by the company. Wingbits' CEO, Robin Wingardh, highlighted the significance of the satellite launch during Consensus Hong Kong. The company's existing network of 2,200 on-the-ground nodes managed by flight enthusiasts worldwide will be complemented by the satellite, further strengthening the community-powered tracking network. Unlike traditional industry players, Wingbits rewards its data providers with Solana testnet tokens, fostering a global network of contributors from over 90 countries tracking 120,000 unique flights daily. The reward system allows contributors to exchange tokens for various services, such as air miles and airport lounge access. The addition of satellite-tracking capabilities marks a significant milestone for Wingbits in its mission to disrupt the aviation data industry. By ensuring data accuracy and protection against spoofing, the company aims to set itself apart from competitors like FlightAware and Flightradar24. With recent funding of $5.6 million from investors like Borderless Capital and Bullish Capital, Wingbits is poised to expand its operations and revolutionize flight tracking in the era of Web3.

On March 7, 2025, BYDFi, a prominent global cryptocurrency exchange, announced the launch of two new trading pairs: ROAM/USDT and RED/USDT. This expansion aims to enhance investment opportunities for traders by introducing Roam (ROAM) and RedStone (RED), both of which are pivotal projects in the Web3 infrastructure sector. Roam focuses on creating a decentralized global WiFi roaming network, covering over 190 countries and connecting 4.5 million WiFi hotspots. With more than 2.3 million registered users, Roam has established itself as a leader in Decentralized Physical Infrastructure (DePIN) and has secured over $10 million in funding from notable investors, including Anagram and Samsung Next. Roam's innovative approach leverages advanced technologies such as OpenRoaming and eSIM to facilitate seamless global WiFi connectivity. It emphasizes user privacy and security through Decentralized Identity and Verifiable Credentials (DID+VC). Additionally, Roam employs AI algorithms to optimize network resources, thereby improving connection stability and bandwidth efficiency. The native governance token, $ROAM, incentivizes users to contribute to the network, currently priced at $0.3951 with a significant trading volume increase. On the other hand, RedStone is a modular decentralized Oracle that enhances data transmission for DeFi applications across more than 70 blockchain networks. Its unique design allows for efficient data retrieval and robust security, making it a strong competitor in the Oracle space. RedStone recently completed a $15 million Series A funding round and supports over 130 DeFi projects. The native utility token, $RED, is currently priced at $0.6016, reflecting a remarkable surge in trading activity. BYDFi continues to expand its offerings, now supporting over 600 cryptocurrencies and introducing exclusive rewards for its users as part of its ongoing commitment to provide a top-tier trading experience.

The Consensus Hong Kong 2025 event marked a significant milestone for the city, establishing it as a vibrant hub for Web3, blockchain, and cryptocurrency. This was the first time the event was held in Hong Kong and the first occurrence outside the US in five years. The conference, organized by CoinDesk, attracted industry leaders and innovators to discuss the evolving regulatory landscape and the institutional adoption of digital assets. With Hong Kong officially recognizing Bitcoin and Ethereum as proof of wealth, the city is positioning itself as a global crypto leader, emphasizing Asia's growing influence in shaping global crypto regulations. Terri MechKenna, a Humanoid Resources Intern, represented Auki at the event, showcasing the company's commitment to advancing robotics and AI in the blockchain space. Terri's experience included navigating the bustling convention hall, engaging with attendees, and participating in various meetups, including Sui Connect, which brought together Web3 enthusiasts. His interactions highlighted the importance of networking in the rapidly evolving tech landscape. Despite the challenges of mobility in crowded environments, Terri successfully showcased Auki's vision for decentralized machine perception and spatial computing. As Consensus concluded, the discussions emphasized the need for regulatory clarity to foster blockchain adoption in Hong Kong and beyond. The potential for Hong Kong to rival other global crypto hubs like Dubai and Singapore is becoming increasingly evident. With China's leadership in robotics manufacturing, the integration of Web3 technologies could enhance the industry's capabilities. Auki's mission to build a decentralized network for machine perception aligns with the broader goal of improving collaboration between humans and AI, paving the way for a more interconnected future in the digital landscape.

Hivello Holdings Ltd has announced its integration with the Nosana network, a significant move aimed at enhancing passive income opportunities for users leveraging GPU resources. This partnership is particularly timely, given the increasing demand for decentralized GPU power driven by the rapid growth of generative AI applications. Justin Rosenberg, CEO of Blockmate Ventures, emphasized that this integration will not only fill a critical supply gap in decentralized computing but also boost GPU node participation, allowing users to earn higher yields on their investments. The collaboration with Nosana positions Hivello to tap into one of the most lucrative decentralized physical infrastructure networks (DePIN) for GPU-based compute. Users can now contribute their idle GPU power to support AI model training and software development, thereby maximizing their earnings. This integration simplifies the process for users, enabling them to connect their resources effortlessly and benefit from the burgeoning decentralized ecosystem without needing extensive technical knowledge. Domenic Carosa, Co-Founder and Chairman of Hivello, highlighted the transformative potential of decentralized infrastructure, stating that the integration with Nosana is a step toward making GPU-powered computing more accessible and scalable. As Hivello continues to expand its offerings, it aims to empower users to participate in the DePIN landscape and reap the rewards of their contributions. This strategic move not only enhances earning opportunities but also supports the growth of decentralized applications, positioning Hivello at the forefront of the evolving tech landscape.

Blockmate Ventures has announced a significant integration between its investee, Hivello Holdings, and the Nosana network, aimed at enhancing passive income opportunities for users. This collaboration focuses on utilizing GPU-based compute resources, which are in high demand for Artificial Intelligence (AI) and software development. Nosana is recognized as one of the leading platforms in the Decentralized Physical Infrastructure Networks (DePIN) space, allowing Hivello users to contribute their idle GPU power to a decentralized ecosystem. This partnership is expected to increase GPU node participation and provide users with automated earning opportunities through compute aggregation. According to Domenic Carosa, Co-Founder and Chairman of Hivello, this integration marks a pivotal step towards making GPU-powered computing more accessible and rewarding. The partnership with Nosana not only enhances earning potential for users but also supports the growth of decentralized infrastructure. As generative AI applications continue to gain traction, the demand for decentralized GPU power is expected to rise, making this integration timely and beneficial for Hivello users seeking higher yields from their GPU resources. The integration with Nosana is set to create a new passive income stream for GPU owners, further positioning Hivello within the expanding AI infrastructure market. With the automated compute aggregation capabilities now enhanced, users can easily connect their idle GPU power and maximize their earnings while contributing to the infrastructure that supports AI model training and software development. This strategic move aligns with Hivello's mission to simplify participation in DePIN networks, making it easier for anyone to earn passive income without needing extensive technical knowledge.

The blockchain market is experiencing a surge of innovation, with projects like Theta, Story (IP), and Qubetics leading the charge. Theta has emerged as a significant player in the decentralized video delivery space, providing a solution for streaming giants looking to cut costs and improve quality by eliminating centralized servers. Its growing partnerships and positive price movements indicate a rising demand for decentralized content distribution, positioning Theta as a key player in the future of streaming. On the other hand, Story (IP) is transforming the $15 trillion intellectual property management industry. By utilizing a blockchain-based framework, Story is modernizing the registration, monetization, and licensing of copyrights and trademarks. The platform automates payments and licensing through smart contracts, empowering creators and businesses with full control over their assets. This innovative approach addresses the traditional pain points in IP management, such as high legal fees and delayed royalty payments, making it a game-changer in the sector. Meanwhile, Qubetics is set to revolutionize cross-border transactions with its blockchain-powered ecosystem. By addressing the inefficiencies of traditional international transfers, Qubetics offers instant, low-cost payments that eliminate hidden fees and banking restrictions. Its presale has already broken records, raising $14.6 million with over 495 million $TICS tokens sold. Analysts predict substantial returns on investment, making Qubetics one of the most promising crypto opportunities this year. As these projects continue to innovate, they are reshaping their respective industries and paving the way for a more decentralized future.

On March 6th, 2025, at 10 AM UTC, the $ROAM token officially launched on ten exchanges, significantly enhancing its accessibility and liquidity for traders and investors worldwide. The exchanges where $ROAM is available include ByBit, Gate.io, Bitget, KuCoin, MEXC, LBank, Backpack, Hotcoin, CoinEx, and BitMart. Designed as a utility token, $ROAM aims to capture and increase the value of the Roam Network, with a total hard cap of 1 billion tokens. The release of these tokens will be managed through various vesting programs, ensuring community oversight and involvement in the process. In addition to purchasing tokens on exchanges, Roam users can engage with the ecosystem by deploying a Roam Miner or participating in Roam App quests, such as adding WiFi hotspots, checking in, and referring friends to earn Roam Points. These points can be converted into $ROAM tokens by joining the “Burning” Pool on the Roam App. To further enhance the utility of $ROAM, Roam plans to introduce a staking pool and a lock-up pool, providing users with additional benefits for holding their tokens. This multifaceted approach aims to foster a vibrant community and encourage active participation. To celebrate the Token Generation Event (TGE), Roam is launching a Community Bounty Program with a total giveaway of 100,000 $ROAM. This initiative invites everyone to support and promote the Roam Network. The listing of $ROAM is a significant milestone in Roam’s journey, reinforcing its commitment to building an Open Wireless Network. With an attractive rewards system and innovative features, Roam is poised for sustained growth and expansion in the blockchain space.

In the fourth quarter of 2024, io.net experienced remarkable growth, with revenue surging by 565% quarter-over-quarter, reaching an all-time high of $3.1 million. This significant increase was driven by three consecutive months of record-breaking monthly revenue, which also contributed to an annualized revenue rate of $12.5 million. Additionally, the market capitalization of IO, the native token of io.net, doubled from $187.3 million in Q3 to $375.6 million in Q4, reflecting a 48% increase in token price and a 36% rise in circulating supply. Despite a decrease in the daily median number of verified GPUs and CPUs, io.net maintained a robust operational framework, averaging 7,600 verified GPUs and 1,200 CPUs per day. The decentralized network of io.net, designed to provide scalable and efficient access to compute resources, has also formed 13 new partnerships aimed at leveraging its infrastructure for various applications, including AI agents and identity management solutions. Notably, io.net's collaboration with Dell Technologies integrates its decentralized GPU compute network with Dell's hardware, enhancing the capabilities for enterprises needing scalable GPU clusters for complex workloads. Furthermore, partnerships with organizations like Zerebro and OpenLedgerHQ showcase io.net's commitment to enhancing Ethereum validator operations and combining blockchain-secured datasets with decentralized compute resources, respectively. Looking ahead, io.net's emission schedule for the IO token projects the distribution of 9.3 million IO to GPU and CPU workers in the first quarter of 2025, with an average of 103,000 IO emitted daily. The network's stringent hardware requirements and hourly Proof-of-Work verification process ensure the authenticity and performance of its decentralized compute resources. As io.net continues to expand its partnerships and enhance its infrastructure, it solidifies its position as a leading platform in the decentralized computing landscape, catering to the growing demands of AI and machine learning applications.

The first two months of 2025 have been transformative for CUDOS, marked by significant milestones and exciting partnerships. A key highlight was the completion of the CUDOS-to-FET token migration in January, which allowed users to fully access, trade, stake, and utilize their $FET tokens. Major exchanges such as Gate.io and Ascendex facilitated smooth swaps, ensuring users could reclaim their $CUDOS easily. Additionally, the CUDOS Intercloud platform underwent a design refresh and introduced a new referral program, enabling users to earn commissions by bringing in new users. This program incentivizes sharing referral links and offers instant payouts in FET, fostering community engagement and growth. CUDOS has also formed a strategic partnership with Rainfall, a privacy-preserving Personal AI platform, aimed at simplifying node deployment for operators within the Rainfall ecosystem. This collaboration promises seamless node setup through CUDOS Intercloud, providing scalable and cost-effective compute solutions for Web3 AI applications. As Pete Hill, VP of Sales at CUDOS, noted, this partnership enhances the adoption of decentralized cloud solutions, which are essential for the future of AI infrastructure. Furthermore, CUDOS is actively exploring the shift towards decentralized compute for AI inference, emphasizing that smaller, efficient AI models will drive demand rather than diminish it. The growth statistics for January and February are impressive, with CUDOS surpassing 15,000 total ecosystem users and generating over $167,000 in revenue in January alone. February continued this upward trend, with user numbers exceeding 16,000 and significant compute hours consumed. These achievements set a promising foundation for CUDOS as it looks ahead to another breakout year in decentralized cloud computing. The community is encouraged to stay connected for future updates and to participate in the ongoing conversation across various social media platforms.

Verida has officially launched the beta version of its AI platform, marking a significant advancement in personal data privacy and user control. The Verida AI solution allows users to maintain ownership of their data while facilitating powerful AI integrations through secure and confidential APIs. With data fully encrypted on the Verida Network, users can confidently engage with AI applications, knowing their information remains private even during processing. This beta release is a pivotal step towards redefining user consent and driving innovation in AI technology. Key features of the Verida AI beta include developer APIs that enable seamless integration of user-owned encrypted data into AI applications, enhancing personalization and contextualization. The platform emphasizes consent-based data access, allowing users to connect their personal data for AI inference while retaining full control over their information. The growing ecosystem of data connectors includes popular platforms like Google and Telegram, with more integrations planned. Additionally, the introduction of the “Connect Verida” button simplifies user authentication and data access, ensuring privacy-preserving personalization in AI experiences. The Verida Token (VDA) underpins the platform, facilitating API requests and ensuring a sustainable ecosystem for developers. Verida is committed to fostering innovation through developer grants aimed at application integration and data connector development. By empowering users to take custody of their data, Verida aims to challenge the dominance of big tech in data ownership and monetization. This beta release not only enhances user control but also opens new avenues for creating hyper-personalized AI solutions without compromising individual privacy, heralding a new era of privacy-preserving AI technology.