The DePIN Explorer - DePIN Scan

In the rapidly evolving world of blockchain technology, Bless has emerged as a promising DePIN platform, recently launching its incentivized testnet. This platform, previously known as Blockless, aims to create a network of interconnected devices to meet the increasing computational demands of the AI sector. Users can participate in the project by simply downloading a browser extension, allowing them to share their bandwidth and contribute to the computational needs of various applications and decentralized services. In return, Bless rewards participants with tokens, fostering a community-driven model that shifts focus from institutional players to individual operators. The Bless platform's airdrop program is designed to be user-friendly, mirroring the successful model of its competitor, Grass. After downloading the browser extension, users can easily monitor their network-sharing activities through the Bless dashboard. To fully engage with the platform, users must activate a virtual DePIN device, or node, which facilitates communication with other infrastructures. Once operational, Bless automatically matches users' devices to appropriate workloads, allowing them to accumulate points effortlessly, which will later be converted into tokens. The anticipated airdrop is expected to occur by the second quarter of 2025, following the mainnet launch projected for early 2025. While the potential earnings from Bless's airdrop may not be life-changing, they should not be overlooked. Similar to Grass, which has provided users with substantial rewards, Bless offers an opportunity for users to earn without any financial commitment. The simplicity of participation—requiring only a device and an internet connection—makes it accessible to a broad audience. Furthermore, the growing interest in DePIN projects among crypto investors suggests that the initial listing of Bless tokens could yield favorable outcomes. Historical data from similar projects indicates that holding onto low-value airdrops can lead to significant gains, making Bless an attractive prospect for those looking to engage in the blockchain space with minimal effort.

The upcoming Storage V2 update is generating excitement as it promises significant improvements and fixes. Key features include enhancements to the Key Management System (KMS), which will allow multiple users to share access to the same wallet and storage allocations. Additionally, the update will enable video streaming for applications like Vult and Blimp. The rollout is anticipated by the end of the week, marking a pivotal moment for users looking for enhanced functionality and collaboration within the platform. In parallel, the development of mobile applications for Vult is progressing rapidly. The team is on the verge of releasing the app on both iOS and Android platforms. The integration of KMS is nearing completion, and the implementation of video streaming features is ongoing. Active testing is being conducted to ensure that all functionalities are refined and optimized before the official launch, promising a seamless user experience for mobile users. Moreover, the marketing efforts are gaining momentum with the initiation of ad campaigns across various platforms. Currently, ads on Reddit and Google are live, while Brave ads are expected to launch within the next two days. Additionally, a campaign on X is set to commence shortly. These marketing strategies aim to increase visibility and engagement, driving user adoption as the new features and applications become available. Stay tuned for more updates as the team continues to make strides in these developments!

Filecoin (FIL), a blockchain-based digital storage platform, is showing signs of potential upside momentum after being confined to a tight trading range for nearly five months. Currently, the cryptocurrency is trading between the $3.18 and $4.80 levels, with a bullish market sentiment prevailing across the crypto landscape. Recent technical analysis indicates that FIL has formed a bullish price action pattern on its daily chart, gaining strong support from both traders and investors. As the price approaches the breakout level, aggressive trading activity has been noted, particularly as FIL nears the critical $4.80 resistance level. If Filecoin successfully breaks out of this consolidation zone and closes a daily candle above $4.80, analysts predict a potential surge of up to 47%, which could see the asset reaching the $7.20 mark. The current trading position above the 200 Exponential Moving Average (EMA) further supports the uptrend, while the Relative Strength Index (RSI) suggests that FIL is in oversold territory, indicating a possible rally. This positive outlook is bolstered by increasing trader participation, as evidenced by a significant rise in open interest (OI) over the past 24 hours. On-chain metrics reveal that FIL's OI has surged by 7.9% in the last day, reflecting heightened trader activity. Major liquidation levels are identified at $4.43 on the lower side and $4.75 on the upper side, with traders currently overleveraged at these positions. If the price rises to $4.75, nearly $1.5 million in short positions may be liquidated, while a drop to $4.43 could lead to the liquidation of approximately $6.21 million in long positions. Overall, the combination of bullish technical indicators and strong on-chain metrics suggests that Filecoin is poised for a breakout, with bulls currently dominating the market.

A year ago, the Tor Project made a significant decision to remove all ATOR Relays from their network, which sparked a vision for a new decentralized future. Instead of surrendering, the team aimed to create a self-scaling, trustless network designed to enhance privacy for users worldwide. Their goal is to disrupt the VPN market by combining speed, reliability, and user-friendliness through bespoke hardware, ultimately making private browsing accessible to billions. This vision has now materialized with the launch of the Anyone Network, which boasts an impressive 5000 active relays, establishing itself as one of the largest and fastest mixnets globally. Reflecting on the past year, the team expresses gratitude to their community for their unwavering support during challenging times. Despite the difficulties, the project demonstrated resilience and strength, showcasing the power of decentralization and community alignment. The leadership and engineering teams remained intact throughout the transition, empowering former community members to take on more significant roles within the ecosystem. The project has evolved into an open-source initiative, expanding from a single Smartweave registration protocol to over 30 active repositories contributing to blockchain technology, privacy, hardware, and applications. Looking ahead, the team acknowledges the journey is far from over, with plans to further decentralize the network following the transition to their AO distribution protocol. They emphasize that community governance will play a crucial role in maintaining the network's safety and performance. The spirit of ATOR is now emblematic of overcoming setbacks in the Web3 space, and the team is committed to transparency through regular updates. As they tackle the larger challenge of global privacy adoption, they remain dedicated to building a Web3 ecosystem that has the potential to transform lives.