Latest DePIN News

CreatorBid has recently joined the io.net decentralized network, marking a significant step in the evolution of AI development and image model scaling. io.net, a prominent player in decentralized physical infrastructure networks (DePINs), welcomed CreatorBid, a hub for the AI Creator economy, to its platform. This strategic partnership is poised to enhance CreatorBid's capabilities by utilizing io.net's decentralized GPU network, allowing for efficient scaling of AI image models while significantly reducing costs compared to traditional centralized computing services. The integration with io.net provides CreatorBid access to scalable and flexible GPU resources, addressing the centralization issues often faced with conventional service providers, such as high costs and slow processing speeds. CreatorBid's CEO, Phil Kothe, expressed optimism about the partnership, stating that it would enable the company to expand its offerings beyond images to include videos and live streams. This collaboration is expected to enhance the performance and reliability of CreatorBid’s platform, essential for developing advanced AI-driven solutions and improving the overall user experience for creators and brands. Moreover, CreatorBid is set to empower creators by allowing them to launch, grow, and monetize their digital presence through customizable AI influencers. The platform utilizes Agent Keys on the Base Network, which serve as membership tokens that foster engagement and value sharing among creators and their audiences. With the native token $AGENT facilitating transactions and governance, CreatorBid aims to redefine the creator landscape by integrating cutting-edge AI tools with blockchain technology. This partnership not only highlights the potential of decentralized GPU networks in content creation and AI development but also positions CreatorBid as a leading AI Creator ecosystem in the industry.

As the year draws to a close, InFlux Technologies has been busy with significant developments in November. One of the most notable events was the acquisition of FluxRunner, a managed WordPress hosting service that has quickly gained popularity on FluxCloud since its launch. This service is designed to enhance website performance for WordPress users, offering fast page-loading speeds and optimal uptime. With this acquisition, InFlux aims to integrate FluxRunner with other ecosystem components like FluxDrive and Flux IFPS, providing a comprehensive toolkit for WordPress website owners to optimize their online presence. In addition to the acquisition, InFlux Technologies has forged new partnerships to expand its capabilities. Noteworthy among these is the collaboration with Mizzle, a no-code DevOps platform that simplifies server management for developers. This partnership will enable Flux to provide decentralized computing resources and ensure optimal performance for Mizzle's infrastructure. Furthermore, FluxLabs has partnered with Telestai, a decentralized social media platform, to enhance digital identity tools. Another partnership with SimpleX allows FluxCloud to operate as a network operator for a privacy-focused messaging platform, enhancing user privacy and transparency. November also marked the launch of the highly anticipated Flux book, authored by CEO Daniel Keller. Titled "Decentralizing the Future: The Rise of Flux, Web3, and DePIN," the book explores Flux's unique position in the evolving landscape of Web3 and decentralized physical infrastructure networks (DePIN). The book is available in two tiers, including a limited founder package that features exclusive items. Alongside these developments, new functionalities were introduced in Zelcore, and new trading pairs for $FLUX were listed on various exchanges, further solidifying InFlux Technologies' commitment to innovation in the decentralized internet space.

In 2013, Helium was founded to create a wireless infrastructure that could support the rapidly growing Internet of Things (IoT) industry. By 2018, the company pivoted towards a decentralized wireless network model, allowing devices worldwide to connect to the Internet without relying on traditional, power-hungry satellite systems or costly cellular plans. Utilizing token incentives, Helium's network expanded rapidly, boasting over 375,000 hotspots and establishing itself as the largest long-range wide-area network (LoRaWAN) and the fastest-growing cellular network. This innovative approach has inspired over 1,400 Decentralized Physical Infrastructure (DePIN) projects, collectively valued at over $53 billion, demonstrating the potential of blockchain technology to create real-world value through decentralized systems. Consumers play a crucial role in the DePIN ecosystem, acting as the supply backbone for various networks in exchange for token rewards. These networks can be categorized into physical resource networks, which incentivize consumers to contribute to real-world infrastructure, and digital resource networks, where consumers help build virtual infrastructure. For instance, decentralized energy networks rely on consumers to connect distributed energy resources like solar panels, while decentralized mapping projects leverage consumer-grade hardware to gather location data. Additionally, consumers can contribute their computing power and bandwidth to decentralized compute platforms, enhancing the capabilities of AI and machine learning applications. As DePIN projects evolve, they are increasingly generating revenue and attracting consumer demand. By tapping into consumer marketplaces and offering direct-to-consumer products, these projects can streamline customer acquisition and enhance user engagement. The DePIN model not only incentivizes new consumer behaviors but also accelerates the adoption of existing ones, particularly in the energy sector. As these networks grow, they unlock new applications and services, creating a flywheel effect that attracts developers and increases consumer adoption. Overall, the intersection of consumers and DePIN is paving the way for innovative solutions and a more decentralized future.

In a significant development for the AI Creator Economy, io.net has announced a strategic partnership with CreatorBid, a platform specializing in AI-driven tools for creators and brands. This collaboration will allow CreatorBid to utilize io.net's decentralized GPU network, enhancing the scalability and efficiency of its image and video models. By leveraging this decentralized infrastructure, CreatorBid aims to optimize resource utilization while minimizing costs, making high-performance computing more accessible for businesses engaged in AI technology. Tausif Ahmed, VP of Business Development at io.net, emphasized the advantages of this partnership, stating that it enables CreatorBid to harness their decentralized GPU network for advanced AI solutions. CreatorBid's CEO, Phil Kothe, echoed this sentiment, highlighting the potential of scalable GPU resources to empower AI Influencers and Agents. This partnership is set to revolutionize content creation, as it allows creators to engage audiences and produce diverse content formats autonomously, paving the way for a new era in digital entrepreneurship. CreatorBid is at the forefront of the AI Creator Economy, providing tools that enable creators to monetize their content and build vibrant communities around AI Agents. These customizable digital personas facilitate engagement and interaction, fostering co-ownership among creators and fans. By integrating cutting-edge AI tools with blockchain technology, CreatorBid is redefining the creator landscape and positioning itself as a key player in the transition towards an autonomous Creator Economy. The partnership with io.net not only showcases the practical applications of decentralized GPU networks but also accelerates CreatorBid's vision for an AI-driven future in content creation and branding.

On November 18, 2024, WeatherXM Pro was launched, a cutting-edge platform designed to meet the increasing demand for reliable and hyperlocal weather data. Targeted at developers, researchers, and businesses, WeatherXM Pro provides both historical and real-time weather insights, making it an essential tool for projects requiring high levels of precision and accuracy. The platform is built on a robust network of over 7,100 weather stations worldwide, ensuring that users receive localized data that improves in accuracy over time. The proprietary Quality of Data (QoD) algorithm evaluates the reliability of the data sourced from these stations, ensuring that users can trust the insights they receive for critical decision-making processes. WeatherXM Pro offers three major features that enhance user experience and data precision. Users can access historical weather data to analyze long-term trends, which is invaluable for climate studies and urban planning. Real-time weather intelligence allows for immediate responsiveness in sectors like logistics and agriculture, where weather conditions can significantly impact operations. Additionally, the platform ensures high-quality, trusted data through rigorous validation processes, making it suitable for industries that require regulatory compliance, such as aviation and construction. Looking ahead, WeatherXM Pro plans to introduce advanced features such as cell-area forecasts for localized predictions, forecast accuracy tracking to compare third-party forecasts, and AI-powered hyperlocal weather forecasts tailored to specific locations. These enhancements will cater to a wide range of industries, from AgriTech to event management, allowing users to optimize their operations based on precise weather data. With flexible pricing plans, including a free trial and various subscription options, WeatherXM Pro aims to make weather intelligence accessible for all users, reinforcing its position as a vital tool for reliable weather data.

Stratos Jets, a private jet franchise based in Florida, has recently announced a partnership with BitPay, a prominent cryptocurrency payments provider. This collaboration, revealed on December 3, aims to facilitate cryptocurrency payments for private charter flights, reflecting the growing acceptance of digital currencies in various sectors. As the market for cryptocurrencies continues to gain momentum, particularly with increasing regulatory clarity, Stratos Jets is positioning itself to cater to a clientele that values innovative payment solutions. The integration of BitPay's services will allow Stratos Jets' customers to pay for their flights using Bitcoin, Ethereum, and over 100 other cryptocurrencies. This move not only enhances the payment options available to clients but also promises lower transaction fees and faster processing times. To incentivize the adoption of these new payment methods, Stratos Jets is offering up to a 5% discount for customers who choose to pay with supported cryptocurrencies throughout December 2024. This strategic decision underscores the company's commitment to adapting to the evolving financial landscape. Joel Thomas, the CEO of Stratos Jets, emphasized the importance of this integration, stating that it enriches their service offerings and provides a secure and seamless payment experience for clients. By partnering with BitPay, Stratos Jets aims to reach a broader audience, catering to those who appreciate luxury travel and cutting-edge payment solutions. This initiative marks a significant step towards embracing the future of finance within the private aviation industry, aligning with the broader trend of cryptocurrency adoption in everyday transactions.

The landscape of artificial intelligence (AI) is undergoing a significant transformation with the emergence of Decentralized EdgeAI, which aims to democratize access to AI technologies. Currently, a handful of major tech companies, including OpenAI, IBM, Amazon, and Google, dominate the AI infrastructure layer, creating barriers for smaller entities and limiting access for millions of users and enterprises worldwide. This centralized control not only raises costs but also restricts innovation. Decentralized EdgeAI, exemplified by initiatives like Network3, seeks to address these challenges by integrating Decentralized Physical Infrastructure (DePIN) and EdgeAI, allowing AI systems to run on various devices while ensuring privacy and community involvement. One of the critical advantages of EdgeAI is its ability to reduce reliance on large data centers owned by tech giants. Traditional AI models, particularly large language models (LLMs) such as GPT-3, require substantial resources for training, often costing between $500,000 to $4.6 million. This financial barrier further entrenches the monopoly of Big Tech. In contrast, EdgeAI enables developers to train and deploy models on smaller devices, from smartphones to IoT appliances, broadening accessibility and fostering innovation. However, for EdgeAI to reach its full potential, devices must be able to communicate and share resources effectively, overcoming limitations in computation and storage. Network3's innovative Decentralized Federated Learning framework represents a significant leap forward in collaborative AI training. By allowing multiple devices or 'nodes' to pool their resources, this framework enhances the efficiency and growth of AI systems. The integration of strong encryption methods, such as Anonymous Certificateless Signcryption (CLSC), ensures secure data sharing while maintaining privacy. Furthermore, the use of Reed-Solomon coding optimizes data accuracy. As a result, Edge devices within the Network3 ecosystem can perform local analyses, leading to low latency and real-time responses. This decentralized approach not only mitigates the centralized monopoly but also opens up new revenue streams for developers and users, ultimately making AI more accessible and beneficial for all.

DRIFE, a decentralized ride-hailing application operating on the Sui Blockchain, has announced a significant collaboration with CoinList, a platform known for token launches. This partnership aims to introduce the incentivized testnet for DRIFE's Share2Earn location data campaign. Users participating in this initiative will have the opportunity to earn digital tokens by sharing their location data while commuting through the DRIFE app. The reward system is designed to be dynamic, tracking contributions based on leaderboard standings, thus fostering community engagement and participation in the development of the platform. The collaboration between DRIFE and CoinList is a strategic move to test the Share2Earn campaign before its public rollout. This initiative not only emphasizes the importance of decentralization and community involvement but also highlights DRIFE's commitment to transparency and user empowerment. By allowing users to earn rewards while contributing to the platform's development, DRIFE aims to enhance location-based services and improve overall service quality through community feedback. Firdosh Sheikh, the Founder and CEO of DRIFE, expressed that this collaboration validates their vision for a decentralized ride-hailing ecosystem, empowering the community to shape the future of transportation. The reward tokens, which will be available on the SUI chain, will be claimable post-token generation event (TGE) with a structured unlock period. However, participation is restricted for individuals from certain jurisdictions, including the UAE, Pakistan, Russia, China, and the US, due to regulatory compliance requirements. DRIFE's goal is to disrupt traditional business models by eliminating corporate intermediaries and empowering drivers, riders, and community developers through blockchain technology.

Meta's recent release of Llama 3.2 marks a significant advancement in the fine-tuning of large language models (LLMs), making it easier for machine learning engineers and data scientists to enhance model performance for specific tasks. This guide outlines the fine-tuning process, including the necessary setup, dataset creation, and training script configuration. Fine-tuning allows models like Llama 3.2 to specialize in particular domains, such as customer support, resulting in more accurate and relevant responses compared to general-purpose models. To begin fine-tuning Llama 3.2, users must first set up their environment, particularly if they are using Windows. This involves installing the Windows Subsystem for Linux (WSL) to access a Linux terminal, configuring GPU access with the appropriate NVIDIA drivers, and installing essential tools like Python development dependencies. Once the environment is prepared, users can create a dataset tailored for fine-tuning. For instance, a dataset can be generated to train Llama 3.2 to answer simple math questions, which serves as a straightforward example of targeted fine-tuning. After preparing the dataset, the next step is to set up a training script using the Unsloth library, which simplifies the fine-tuning process through Low-Rank Adaptation (LoRA). This involves installing required packages, loading the model, and beginning the training process. Once the model is fine-tuned, it is crucial to evaluate its performance by generating a test set and comparing the model's responses against expected answers. While fine-tuning offers substantial benefits in improving model accuracy for specific tasks, it is essential to consider its limitations and the potential effectiveness of prompt tuning for less complex requirements.

As November comes to a close and December 2024 approaches, investors are increasingly focusing on portfolio rebalancing and exploring new altcoin opportunities. The Decentralized Physical Infrastructure Network (DePIN) narrative is gaining traction, making it a significant sector to monitor. BeInCrypto has highlighted five top DePIN altcoins to watch in December, including Filecoin (FIL), Arweave (AR), Grass (GRASS), io.net (IO), and NetMind Token (NMT). Filecoin (FIL) leads the pack with a market capitalization of $3.44 billion. Despite experiencing a decline in value during the second and third quarters, Filecoin has rebounded strongly, with a 56.22% price increase over the last month. Currently, the price momentum is positive, suggesting potential growth to $6.50 in early December. However, if the momentum shifts bearish, it could drop to $4.96. Arweave (AR) follows closely, having increased by 20.98% in the past week, currently priced at $21.13. The altcoin is facing resistance at $22.05, but if it breaks through, it could reach $24.57. Grass (GRASS) has made headlines with a remarkable 300% increase in October, now priced at $3.48. If it maintains its bullish trend, it may surpass $3.90 and potentially reach $5. io.net (IO), known for being the largest decentralized AI computing network, has seen a 65.13% price increase, currently trading at $2.93. If the bullish trend continues, it could exceed $4. Lastly, NetMind Token (NMT) has surged by 76.10% recently, currently priced at $3.76, with a potential rise above $5 in December if bullish momentum persists. However, profit-taking could lead to a decrease to $2.72. Investors should remain vigilant as market conditions are subject to rapid changes.