The DePIN Explorer - DePIN Scan

IoTeX is set to host an exciting event titled "R3al World" on June 24th, from 21:00 to 23:00 UTC, as part of the Permissionless conference in New York. This networking session will focus on Decentralized Physical Infrastructure Networks (DePIN) and Artificial Intelligence (AI), bringing together builders and innovators who are working on Physical AI, real-world assets, and decentralized infrastructure. Attendees can expect a vibrant atmosphere where they can engage with industry leaders and discuss the latest advancements in these fields while enjoying refreshments during the official DePIN x AI happy hour. The IoTeX platform, known for its open-source blockchain tailored for the Internet of Things (IoT), aims to tackle the prevalent challenges in existing IoT ecosystems, such as security vulnerabilities, high maintenance costs, and scalability issues. By developing a unique blockchain architecture that supports a multitude of IoT devices, IoTeX is paving the way for a more secure and efficient IoT landscape. The core concept revolves around a "blockchain within a blockchain" structure, where the main network manages security and operations, while sub-blockchains handle specific IoT devices and transactions. At the heart of the IoTeX ecosystem is its native token, IOTX, which facilitates various operations, including transaction fee payments and governance participation. This innovative approach not only enhances the scalability and privacy of IoT applications but also fosters the development of decentralized applications and ecosystems. As the event approaches, the excitement within the community is palpable, with many looking forward to the insights and collaborations that will emerge from the R3al World session at Permissionless.

Weather plays a crucial role in energy consumption, especially during extreme conditions. As temperatures soar or plummet, individuals instinctively seek to maintain a comfortable indoor climate, leading to fluctuations in energy demand. These spikes can create significant stress on the power grid, potentially resulting in outages or blackouts if not accurately forecasted. A recent heatwave in New York City, which began around June 21, 2024, exemplifies this challenge. The combination of high daytime temperatures and the heat-retaining properties of urban materials exacerbates the situation, causing a cascade effect of rising temperatures over consecutive days. During this heatwave, the demand for air conditioning surged as nighttime discomfort increased, further straining the power grid. Data from WeatherXM illustrates a direct correlation between the Tapp discomfort index—an indicator that combines temperature and humidity—and daily energy consumption. Between June 18 and June 26, 2024, the Tapp index rose significantly, leading to an increase in energy consumption by nearly 80,000 MWh, nearly doubling the usual demand. Remarkably, WeatherXM's one-day forecast for the minimum Tapp index demonstrated high accuracy, achieving a low RMSE of just 1°C, which is critical for effective energy management. The importance of high-quality weather observations cannot be overstated, as they are vital for both traditional and machine learning-based forecasting models. Urban environments present unique challenges for meteorological forecasting due to their complexity and dynamism. WeatherXM addresses these challenges by providing precise and actionable forecasts through strategically placed weather stations. In an era marked by increasingly extreme weather events, having access to reliable data is essential for energy companies and other stakeholders to make informed operational decisions and mitigate the impacts of such events on the power grid.

StreamrTV has officially launched its version 1.0, providing a groundbreaking platform for live streaming that leverages the decentralized capabilities of the Streamr Network. This innovative service allows users to broadcast live content globally without the constraints of traditional internet infrastructure. With features such as one-click streaming, ultra-low latency, and end-to-end encryption, StreamrTV aims to facilitate a seamless and secure broadcasting experience. Users can easily start streaming from any device with a camera and share their broadcasts via generated links, making it accessible for various use cases, including live sports, independent journalism, and online events. The peer-to-peer streaming model employed by StreamrTV is a significant departure from conventional broadcasting methods. By utilizing a decentralized network, the platform ensures that each viewer contributes to the stream's bandwidth, enhancing scalability and efficiency as more participants join. This approach not only reduces costs associated with traditional content delivery networks but also provides a competitive edge by allowing broadcasts to adapt dynamically to audience size. As the network grows, so does its capacity to deliver high-quality streams, making it an attractive option for content creators and broadcasters alike. Looking ahead, StreamrTV plans to introduce features that will further enhance user experience and engagement. Potential developments include monetization options for creators, exclusive features for DATA token holders, and improved discoverability for live content. While the platform currently operates with a focus on user-driven content moderation, future updates may incorporate more sophisticated tools for managing content. The launch of StreamrTV represents a significant step forward in the evolution of decentralized media, aligning with the broader vision of empowering users and fostering a more open and accessible internet.

As decentralization continues to reshape the digital landscape, two notable crypto projects, Helium and Filecoin, are drawing attention for their unique investment opportunities and technological promises. This article explores the potential of both coins, analyzing which may emerge stronger in the evolving market. By examining their narratives, investors can gain valuable insights into future growth prospects within the cryptocurrency space. Helium (HNT) has faced significant price declines, with a drop of nearly 38% over the past month and approximately 68% over six months. Currently trading between $2.73 and $3.97, Helium's immediate support is at $2.30, while resistance is around $4.79. The market is dominated by bearish trends, and traders are advised to exercise caution, particularly when considering potential rebounds at the $2.30 support level or short positions near the upper resistance. The persistent downward movement indicates a challenging environment for HNT, reflecting broader bearish pressure. Similarly, Filecoin (FIL) has experienced a downward trajectory, with an 11.2% drop in the last 30 days and a 56.4% decline over the past six months. Its price is currently confined between a support level of $1.90 and a resistance level of $3.65. The market sentiment remains bearish, and indicators suggest that selling pressure is not yet at oversold levels. A break below $1.90 could lead to further declines, while overcoming $3.65 may open up potential gains. Both Helium and Filecoin present unique benefits, with HNT focusing on decentralized networks for IoT and FIL on efficient data storage. Investors must consider which project aligns with their technological and investment goals as they navigate this evolving landscape.