Tag: DePIN

Buy, Sell, Trade Bitcoin with Credit Card & 100+ Cryptocurrencies @ BEST rates from multiple sources, Wallet-to-Wallet, Non-Custodial!

UAE Investment Firms Announce $500 Million Digital Energy Infrastructure Fund

United Arab Emirates-based investment firms Hodler Investments and Gewan Holding have announced plans to launch a $500 million Digital Energy Infrastructure (DEI) Fund. This fund aims to invest in energy infrastructure projects that support the growth of the digital economy. The DEI Fund will invest in a variety of projects, including power generation, data mining,…
Read more

AI Depin Project Grass Concludes Closed Beta and Outlines Airdrop Details

Grass, a depin AI web crawling project, has announced the end of its closed beta phase and outlined the requirements that users must fulfill to be eligible for an upcoming airdrop. The project announced that it will provide more details about the distribution of its token rewards, but that weighted epoch network participation would be…
Read more

Andrena Raises $18 Million to Develop Solana-Based Depin Broadband Protocol Dawn

Andrena, a U.S.-based internet service provider, has announced the completion of an $18 million extended Series A funding round led by Dragonfly Capital, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures, and Parafi. The funds will be used to develop Dawn, a Solana-based decentralized broadband distribution network. Andrena Raises $18…
Read more

Uplink CEO: Depins Enable Companies to ‘Bootstrap the Deployment Stage’

Decentralized Physical Infrastructure Networks (Depins) have the potential to connect companies or projects in markets or locations with limited internet connectivity, all without requiring telecom companies to invest billions of dollars in infrastructure. Additionally, Depins assist existing infrastructure in accommodating the ever-growing number of devices that require internet connectivity. Depins Can Help Telecom Companies Save…
Read more

AI Depin Project Grass to Implement Rewards Distribution Using Solana

Grass, an artificial intelligence Depin project, has announced the inclusion of Solana wallets as part of its ongoing rewards distribution process. Grass stated that this new addition will allow them to track the origin of each piece of scraped data and reward the node providing this info according to its relative value. AI Depin Project…
Read more

How UpRock Is Using AI, DePIN and Crypto Rewards to Attract New Users to Web3 in an Age Where Data Is the New Oil

UpRock is a groundbreaking platform that merges blockchain and AI, allowing users to monetize their unused internet bandwidth. With a focus on democratizing data access and fostering an open AI ecosystem, UpRock is at the forefront of the digital revolution. The co-founders of UpRock, Jesse Adams (CEO) and Chris O’Connell (CTO), recently joined the Bitcoin.com…
Read more

Analyst Cites Favorable Market Trends That Could See Bitcoin Touch $300,000 This Cycle

Amid the renewed strength recently displayed by Bitcoin, Michael Van De Poppe, a recognized cryptocurrency analyst and trader has offered an intriguing prediction for BTC, highlighting that the crypto asset is likely to reach the $300,000 threshold in this bull cycle. Bitcoin Price Targetted At Unprecedented Heights This Cycle Over the past month, the price…
Read more

XRP Holders Move Funds to New Eco-Friendly AI Crypto, Eyeing 50x Gains in 2024

XRP Holders Move Funds to New Eco-Friendly AI Crypto, Eyeing 50x Gains in 2024 / Source: Cryptonews As XRP (XRP) struggles to gain traction in 2024, XRP holders are moving their funds to a new eco-friendly AI crypto called eTukTuk (TUK), as they eye potential 50x gains this year. XRP was last changing hands around…
Read more

DePIN will become one of this decade’s most important crypto investments

Decentralized physical infrastructure is offering the most real-world implementations for blockchain technology to date. The advent of blockchain technology has revolutionized several industries, ranging from finance (DeFi) and gaming (GameFi) to Web2 brands such as Nike for digital fashion and Starbucks for Web3 customer loyalty. However, one area that has remained essentially unchanged is physical…
Read more