Latest DePIN News

Aethir, a Decentralized Physical Infrastructure Network (DePin) startup, has reported a substantial revenue of $36 million this year, reflecting a 10% monthly growth. The company's growth is propelled by the high demand for artificial intelligence and gaming services offered through its Platform-as-a-Service (PaaS). Aethir's PaaS model facilitates the development, testing, and deployment of GPU-accelerated applications, which are crucial for AI, cloud gaming, and edge computing. The company's decentralized network structure offers a cost-effective and scalable alternative to traditional GPU setups, which often face issues with high costs, scalability, and security. Aethir claims its solution is up to 60% more cost-effective than services like Amazon Web Services (AWS). Despite the company's impressive revenue and advancements, the price of Aethir's token (ATH) has struggled since its listing on crypto exchanges.

Decentralized Physical Infrastructure Networks (DePin) are making strides in the tech industry by supporting decentralized projects in real-world infrastructure. World Mobile has reached a significant milestone with over 100,000 daily users, a 400% increase in the past year, with its network expanding across Africa, Asia, and the USA. The company has deployed 1,798 AirNodes globally, positioning it as the largest network in the DePin category. World Mobile supports its participants through the World Mobile Token (WMT), incentivizing an active user base. The company has also announced plans for global AirNode deployments and a token migration to various blockchains in 2024. Additionally, the Helium Foundation is exploring new subnetwork opportunities with the Swedish energy project Srcful, which aims to use Helium hotspots to run a virtual power plant, offering another way to earn tokens. Meanwhile, Crust Network has partnered with Xcavate to provide secure, decentralized storage solutions for real estate tokenization, enhancing data integrity and scalability.

Helium Mobile has expanded its decentralized network with increased compatibility with third-party hardware and pilot programs for interoperability with other carriers. The company's licensing program has enabled developers to create compatible hardware like routers and hotspots, exemplified by RAKwireless's MNTD.FI Pro mobile hotspot. Additionally, Helium is working on the OpenRoaming framework to enhance wireless carrier crossover.

DePIN projects are gaining momentum, and privacy is a critical aspect of their success. Secret Network's DeCC service offers a solution for user data protection at the network level, allowing users to control what information they disclose. Akash, a DePIN project at the crossroads of DePIN and AI, benefits from DeCC by safeguarding user data, whether they are providing GPU computing power or renting it for AI projects. DeCC ensures that wallet information and payment data remain private, preventing potential targets for hackers and maintaining user confidence. Additionally, DeCC supports new projects in maintaining stealth during development, avoiding exposure until they are ready for a public launch. Furthermore, DeCC plays a role in protecting the data collected by DePIN projects, preventing centralized control by entities like OpenAI and promoting decentralized AI solutions where users have control over their data access.

Mizzle, a DePIN platform, has received a $1 million investment from tech investor Onextel to enhance its compute and storage platform. The funding will be used to improve platform capabilities, security features, and user experience. Mizzle's technology combines AI-based DevOps, eBPF security, and advanced encryption to offer a secure and efficient decentralized infrastructure solution. The investment is expected to help Mizzle capture a significant share of the growing DePIN market.

The Render Network has experienced a significant increase in activity, with a 17.7% rise in frames rendered in Q1 2024 and a surge in daily active addresses and whale transactions. This has led to a bullish trend for the RNDR token, which has jumped 6.98% to $6.63. The network's incentive program for node operators and GPU providers has been successful in increasing computational resources for AI and machine learning tasks. Additionally, the integration of Render's technology into the Solana blockchain through the DePIN protocol has driven adoption and scalability.

FILLiquid participated in the FIL Brussels event, a significant gathering in the Filecoin ecosystem, discussing AI, DePIN, and Compute. The event, organized by the Filecoin Foundation, featured talks and workshops with industry leaders. Arthur Tan, CEO of FILLiquid, highlighted the company's innovative Filecoin-based liquidity leasing solutions, aiming to enhance sustainable storage power growth. FILLiquid's open-source protocol has been audited for security, offering a unique feature connecting FIL holders with storage providers for passive income opportunities. Currently in its testnet phase, FILLiquid is gearing up for mainnet launch, with participants eligible for a free $FIG token airdrop.

Click, a mobile app utilizing the Nodle Network, is set to combat misinformation by enabling users to capture and publish authenticated content. It has partnered with Lens Protocol, an open social platform that promotes content ownership. This collaboration introduces a 'Share to Lens' feature, allowing 'Deep Reals'—photos and videos with digital authenticity proofs—to be shared on the Lens decentralized social web. The integration facilitates the distribution of verified media, enhancing its reach and engagement. Users can verify the authenticity of content captured with Click, ensuring it is not AI-generated or altered, and maintain ownership as it is shared on Lens. The partnership aims to deter misinformation in the digital age, especially amid the surge of generative AI. Both Nodle Network and Lens Protocol are looking forward to deeper integration with the Elastic Chain, a ZK rollups network powered by the ZK Stack, for advanced content distribution and user profile interoperability.

DBunker, a platform by ebunker.io, is set to revolutionize the management of decentralized physical infrastructure networks through an on-chain liquidity layer. It offers unmatched security, global accessibility, a user-friendly interface, customizable solutions, and a commitment to continuous improvement. DBunker ensures secure and efficient transactions, making it an ideal choice for decentralized infrastructure management.

The crypto market is experiencing a calm before a potential bull run, with many altcoins currently undervalued and ready for a surge. Meme coins, once considered mere gimmicks, are now outperforming sectors like Decentralized Physical Infrastructure Networks (DePin), Real-World Assets (RWA), and AI-driven cryptocurrencies. This unexpected shift has piqued the interest of traders and investors. Among the projects gaining attention is CYBRO, which has quickly reached a $1 million presale milestone, offering investors significant returns with a predicted ROI of 1200%. The platform provides lucrative staking rewards, exclusive airdrops, and reduced fees for token holders. Meanwhile, PEPE, a meme-inspired altcoin, is leveraging community support and existing technology for a secure and inclusive ecosystem, positioning itself for growth in the upcoming market cycle. BRETT coin and STRUMP are also emerging as promising altcoins, with unique technologies and community backing that could lead to substantial gains in the next bull run. WIF Coin, with its innovative technology and privacy features, is another player to watch, as market patterns suggest a possible surge similar to the 2021 altcoin boom.