Latest DePIN News

Auki is pioneering the development of the posemesh, a decentralized machine perception network designed to bridge the gap between humans, devices, and AI for the next 100 billion users on Earth and beyond. This innovative network aims to create an external sense of space that machines and AI can utilize to collaboratively comprehend the physical world. With 70% of the global economy still reliant on physical locations and labor, Auki's mission is to enhance civilization's intercognitive capacity, enabling better problem-solving and experiences in conjunction with AI. The posemesh introduces several features aimed at improving various sectors. For retailers, it addresses the critical challenge of product placement and shelf space allocation, providing insights that enhance operational efficiency. In property management, the posemesh facilitates clear communication and asset tracking, ensuring that issues are promptly identified and resolved. Furthermore, for events, it offers precise positioning and shareable navigation links, transforming how visitors navigate spaces and maximizing their experiences through augmented reality (AR) maps. Auki emphasizes the importance of privacy in its decentralized approach, ensuring that no single organization can capture or monitor private spaces. By allowing users to contribute to AI’s understanding of the world while retaining ownership of their data, the posemesh represents a significant step towards making the world machine-readable. This initiative not only supports the AI revolution but also addresses the inherent challenges and dangers associated with data privacy in spatial computing.

Bittensor (TAO) has recently captured the attention of traders and investors, particularly as it has experienced a notable 20% increase this month. Despite a 10% decline over the past week, the token's performance indicates a bullish outlook for the longer term. TAO has successfully broken out of an inverted head and shoulders pattern, surpassing the $600 level before entering a consolidation phase. Traders are now closely monitoring the $500 zone, as a bounce from this level could signal further upward movement if market conditions align favorably. As traders navigate the current market dynamics, many have mistakenly interpreted the recent price action as a sign of a bearish trend. This has led to an influx of short positions, which may have backfired as TAO's price surged, trapping these shorts. Currently trading around $560, TAO's return to breakeven levels may prompt trapped traders to exit their positions, potentially triggering a bounce. The token's recent pullback to the $500 range is viewed as a short-term buying opportunity, with analysts suggesting a bullish convergence on the 4-hour chart could lead to a price target of $800 by 2025. Despite the optimistic long-term outlook for Bittensor, traders remain cautious due to some weakness indicated by the MACD. If TAO loses support, it could dip below the $500 mark again. Nevertheless, Bittensor continues to rank among the top AI and Big Data projects, alongside notable competitors like Near Protocol, Oasis, and The Graph. This strong positioning in the market suggests that Bittensor is well-equipped to recover from recent corrections and may see further gains in the coming months, making it a project to watch closely for potential investment opportunities.

Ono­coy is a groundbreaking GNSS DePIN project that invites users to adopt a "bring your own" hardware model. This approach allows individuals to purchase their own base station, set it up, and contribute to Onocoy's correction stream. The advantages of this model are clear: users can utilize their own data streams, delve into the intricacies of Positioning, Navigation, and Timing (PNT), and enhance their understanding of GNSS technology. However, for those unfamiliar with the technical aspects, setting up a personal station can be daunting, requiring a bit of effort and knowledge to maximize rewards. To get started, users need to acquire a base station, such as the SparkFun RTK Mosaic X5. The installation process involves placing the antenna securely on the roof and ensuring a stable connection using Power over Ethernet (PoE). While this may require some physical adjustments, such as cutting holes for cables, the end result is a reliable setup that can effectively collect signals and provide RTK correction streams. Once the physical deployment is complete, users can connect to their local IP address to initiate the basic setup of the Mosaic, following the guidance provided by SparkFun. After establishing an Ono­coy account and connecting the RTK stream to the network, users can monitor their station's performance through the Ono­coy console. The initial observations indicate that the SparkFun setup is highly competitive compared to other local stations. However, potential contributors should assess the necessity of their station in a saturated deployment area, especially if their primary motivation is to earn Ono­coy tokens. Utilizing the Estimator tool on the Ono­coy Explorer can provide insights into potential earnings, making it easier for users to make informed decisions about their contributions to the network.

Arthur Hayes, the founder of BitMEX, has recently made headlines in the cryptocurrency world by acquiring a substantial amount of Aethir (ATH) tokens. He purchased 116.6 million ATH tokens, valued at approximately $7.62 million, at an average price of $0.065 each. This acquisition follows his earlier decision in September to liquidate his holdings in Pendle ($PENDLE), raising questions about his current investment strategy and market outlook for ATH. In a notable move, just an hour ago, Hayes transferred 41 million ATH tokens worth around $2.18 million. Of these, 36 million tokens were sent to the Bybit exchange, while 5 million were directed to OKX. This offloading indicates a strategic decision by Hayes to reduce his exposure to ATH, reportedly at a loss of $2.2 million. Despite this transfer, he still retains a significant holding of 75.6 million ATH tokens, valued at approximately $4.16 million, reflecting a loss of around $1.22 million based on the current market price of $0.054. Aethir operates as a decentralized real-time rendering network, aiming to enhance cloud infrastructure and improve content accessibility within the Metaverse. The token currently boasts a market capitalization of $210 million and is part of the Decentralized Physical Infrastructure Networks (DePIN) sector. As the ATH market continues to fluctuate, it remains uncertain whether Hayes will maintain his current holdings or make further adjustments in the future. Investors are advised to conduct thorough research before making any investment decisions in the volatile cryptocurrency landscape.

In the evolving landscape of AI-powered art generation, two platforms, Flux AI and MidJourney, have emerged as key players, each with distinct philosophies and functionalities. Flux AI, developed by ex-Stability AI members, champions a censorship-free environment, allowing artists to explore their creativity without restrictions. This open-source platform offers three models—Schnell, Dev, and Pro—catering to various user needs, from quick image generation to high-quality outputs. In contrast, MidJourney is known for its polished visuals but imposes strict content guidelines, limiting the types of images that can be created, particularly those that are violent, explicit, or politically charged. The recent upgrade to MidJourney's v6.1 algorithm has enhanced its image quality and coherence, addressing previous issues like the notorious "weird hand" problem. However, despite these improvements, the platform's stringent censorship policies remain a significant drawback, potentially stifling artistic expression. On the other hand, Flux AI's no-censorship policy empowers creators to tackle complex themes and push artistic boundaries, making it a compelling choice for those seeking creative freedom. The pricing models further highlight the differences, with Flux AI being free for users who run it on their hardware, while MidJourney operates on a subscription basis, starting at $10 per month. Ultimately, the choice between Flux AI and MidJourney boils down to individual priorities. For artists who prioritize convenience and high-quality visuals, MidJourney may be the preferred option. However, for those who value unrestricted creative expression and the ability to explore any subject matter, Flux AI stands out as the clear winner. As the debate over censorship and artistic freedom continues, these platforms represent a broader cultural movement advocating for the right to create without limitations.

As Bitcoin approaches the possibility of reaching a new all-time high (ATH) by the end of the year, the cryptocurrency market is buzzing with anticipation of an impending bull run. Despite this excitement, the altcoin season has yet to commence. In the midst of this landscape, there has been a notable surge in interest surrounding artificial intelligence (AI) tokens. Recent analyses of on-chain data have spotlighted five top-performing AI tokens that have shown significant growth over the past month, making them worth monitoring for potential investment opportunities. Leading the pack is $TAO, which has experienced an impressive increase of 104%. With the largest market cap among AI tokens, $TAO has a unique situation where 37% of its tokens are set to be unlocked over the next year, while a substantial 77.7% of its circulating tokens are currently staked. Following closely is $ARKM, which has gained 81.8% and is expected to have 77.5% of its tokens unlocked over the next six years. Market maker Wintermute is believed to hold around 10% of the circulating supply, adding to its credibility. Other notable tokens include $WLD, $TAI, and $FET, each with their own unique attributes and backing that contribute to their rising popularity. The evolving cryptocurrency landscape presents these AI tokens as compelling opportunities, especially as the market remains cautious regarding altcoins. With the potential for a bull run on the horizon, Spot On Chain is set to launch a series of analyses across multiple altcoin categories to provide a comprehensive overview for investors. As always, it is crucial for investors to conduct thorough research before making any decisions in the dynamic world of cryptocurrency.

Donald Trump’s family-run crypto venture, World Liberty Financial, has recently come under scrutiny following the release of a 13-page document detailing its goals and token allocation. The 'World Liberty Gold Paper' reveals that the Trump family will receive a staggering 22.5 billion non-transferrable governance tokens ($WLFI) and 75% of the net protocol revenues. This allocation raises eyebrows among investors and supporters, as it suggests a potential profit of $337.5 million for the Trump clan, assuming a token price of 1.5 cents. Critics are concerned about the vagueness of the token allocations and the fact that these terms are subject to change, leading to accusations of possible scams. Despite the ambitious goals of World Liberty Financial to challenge traditional banking systems and provide users with more financial freedom, the initial response to the $WLFI token has been tepid. Since its launch, only 917.80 million tokens, worth approximately $137,000, have been sold out of the 20 billion available. This lack of demand indicates that many investors, including Trump supporters, may be skeptical about the platform's sustainability. Furthermore, the Gold Paper explicitly states that neither Trump nor his family holds any legal responsibilities regarding $WLFI or the venture itself, which adds another layer of concern for potential investors. In addition to the controversies surrounding Trump’s crypto project, Vice President Kamala Harris has also faced criticism for her proposed crypto regulations, which appear to focus exclusively on black men. Her announcement has sparked mixed reactions, with some praising her openness to crypto while others argue that her approach is discriminatory. JD Vance, Trump’s potential running mate, has countered Harris's stance, asserting that all individuals, regardless of race, desire the same opportunities in the crypto space. The juxtaposition of these two political figures highlights the ongoing need for equitable regulations in the US crypto market, free from self-serving agendas.

In a significant development within the blockchain and renewable energy sectors, Arkreen, a leader in Web3 infrastructure focused on carbon-reduction applications, has announced a partnership with Roam, a trailblazer in decentralized telecom. Roam has successfully issued over 918 million Roam points across more than 180 countries, catering to a user base of 1 million registered individuals. With a robust network of over 700,000 nodes globally, Roam provides a decentralized physical Layer 1, which serves as a foundation for innovative projects in decentralized wireless technology. This collaboration is a pivotal advancement under the Plug for Green Program (PGP), as both companies aim to enhance carbon neutrality within Decentralized Physical Infrastructure Networks (DePIN). The partnership introduces an innovative approach to sustainable practices through the integration of Roam’s miners with Arkreen’s Smart Plugs. This synergy enables real-time monitoring of electricity consumption for Roam miners, who not only benefit from enhanced crypto mining capabilities but also from Arkreen’s tokenized Renewable Energy Certificates (RECs). This mechanism allows Roam community members to offset their carbon emissions from brown energy consumption directly on-chain, thereby increasing their rewards while fostering a commitment to sustainability. The PGP advantage empowers Roam miners to engage in personal carbon offsetting, aligning their operations with eco-friendly practices. Through the Plug for Green Program, Arkreen provides Roam with essential tools for energy consumption monitoring and an on-chain carbon offset mechanism. By utilizing Arkreen’s Smart Plug technology, Roam miners can efficiently track their energy usage and earn Arkreen tokens alongside their mining rewards. This dual-mining scenario encourages eco-conscious participants to contribute to sustainability efforts. Arkreen’s on-chain offset mechanism is paving the way for Green DePIN, positioning Roam as a leader in the decentralized telecom sector while setting a precedent for the DePIN community to engage in global sustainability initiatives. Together, they aim to Roam the World, Connect the People, and Green the Planet.

Helium (HNT) is showing promising signs of a potential rally after successfully breaking out from a descending trendline that had been acting as resistance since October 1, 2024. This technical movement has shifted market sentiment from a downtrend to an uptrend, with HNT recently retesting crucial support levels. Analysts predict that HNT could see a significant price increase of up to 30%, potentially reaching the $8.40 mark in the coming days, as the daily chart appears free of major hurdles that could impede its upward trajectory. The bullish outlook for HNT is further supported by its on-chain metrics, which indicate a strong demand from investors. The Long/Short Ratio stands at 1.008, reflecting a positive sentiment among traders. Additionally, HNT's Open Interest (OI) has surged by 7% over the past 24 hours, suggesting that more investors are entering long positions. This increase in OI, along with the recent breakout, indicates a growing interest in Helium, which may be driving the bullish sentiment in the market. At the time of writing, HNT is trading at approximately $6.37, having experienced an 8.2% price surge in the last 24 hours. The trading volume has also seen a notable increase of 20%, highlighting heightened participation from traders and investors. With major liquidation levels identified at $6.06 on the lower side and $6.5 on the upper side, the current market dynamics suggest that bullish traders are in control, potentially paving the way for HNT to reach its anticipated price target in the near future.

In a recent update, significant changes have been made to enhance user experience across various applications. One of the most notable changes is the switch from SMS to email verification for logging into the apps. This decision was made in response to community feedback, aiming to streamline the login process. Users can now easily set up their accounts by entering their preferred email address, receiving a verification email, and linking their accounts for future logins. This improvement not only simplifies access but also enhances security by ensuring that users have control over their login credentials. Another key feature introduced is the experimental split-key technology within the Key Management System (KMS). This innovative feature allows users to securely share a wallet while retaining the ability to revoke access at any time. This is particularly beneficial for businesses that require collaborative file management within a shared wallet. By generating a split key, users can grant access to trusted individuals or accounts, facilitating teamwork on projects while maintaining stringent security measures. This development underscores the commitment to providing flexible and secure solutions for users. On the marketing front, a targeted ad campaign for Vult is set to launch across platforms such as Twitter, Google, and Reddit. The campaign aims to boost brand awareness and attract new users by emphasizing Vult's core values of user control, privacy, and secure storage. Additionally, a dedicated sales team has been established to focus on acquiring enterprise clients for Blimp, which offers a secure on-prem solution tailored for modern AI applications. Blimp promises significant cost savings and enhanced security, making it an attractive option for businesses looking to optimize their data storage solutions. The company is also reaching out to influencers passionate about privacy and security to promote their apps, further expanding their outreach efforts.