The DePIN Explorer - DePIN Scan

CUDIS, a web3 wellness company backed by Draper Associates, has announced a year-long partnership with UCLA Athletics aimed at promoting its AI-powered smart rings among students and athletes. This collaboration will include campus activations where CUDIS will showcase its innovative rings to UCLA students and sports fans. The initiative is designed to encourage discussions about healthy lifestyles, performance tracking, and data ownership, while also allowing student-athletes to leverage their image rights to promote the product across their social media platforms. As part of the partnership, CUDIS plans to sign name, image, and likeness agreements with student-athletes from various UCLA sports teams, including tennis, golf, basketball, gymnastics, and football. The collaboration will also feature interactive campaigns aimed at engaging UCLA fans, such as lucky draw promotions during sporting events. This strategy will help CUDIS connect its smart rings with the university's athletic culture, enhancing brand visibility and community involvement. CUDIS's smart ring utilizes blockchain technology to monitor essential health metrics like heart rate, sleep patterns, stress levels, and calories burned. Built on the Solana network, the ring empowers users with full ownership of their health data and provides personalized wellness advice through an AI coach. Additionally, it incorporates a dynamic rewards system that incentivizes users to adopt healthier habits by offering passive rewards for positive lifestyle choices. Recently, CUDIS secured $5 million in funding, further solidifying its position in the burgeoning web3 wellness sector.

Filecoin is making significant strides in its evolution towards a decentralized physical infrastructure network (DePIN), which aims to create a decentralized storage market tailored for enterprise adoption. In the second quarter of this year, active storage transactions on Filecoin saw a 6% month-on-month decline, although storage utilization improved from 23% to over 26%. Notably, the number of users storing data on Filecoin reached 2,034, with 518 of those users managing large datasets exceeding 1,000 TiB, marking a 2% increase from the previous quarter. Despite a 19% decrease in storage capacity, the Filecoin Virtual Machine (FVM) has gained traction, with over 3,700 independent contracts deployed and a total value locked (TVL) of 63 million FIL (approximately $273 million), setting a new record for the platform. The Filecoin ecosystem is diversifying its offerings, with new data services emerging that focus on persistent storage, data privacy, and seamless integration with both Web2 and Web3 applications. The network's architecture allows for a unique pricing model based on a provider market, which incentivizes storage providers through a cryptoeconomic model. This model employs zero-knowledge proofs to ensure data security and reliability. Furthermore, Filecoin's commitment to enhancing enterprise applications is evident through its recently announced Storage Innovation Grant Program, which aims to boost on-chain transactions and retrieval payments, thereby attracting more use cases and increasing overall network activity. As the demand for decentralized solutions grows, Filecoin is positioning itself as a key player in the AI data economy. The collaboration with various AI-focused projects and the ongoing development of the FVM are expected to drive further innovation. The platform's focus on enterprise adoption, combined with its robust infrastructure for decentralized computing, suggests a promising future for Filecoin as it continues to expand its reach and capabilities in the blockchain space.

Dione has made a significant advancement in its sustainability initiatives by acquiring tokenized Renewable Energy Certificates (RECs) from Arkreen for the year 2025. This strategic move ensures that Dione achieves on-chain carbon offset for its ecosystem, ultimately reaching 100% renewable energy usage. The partnership with Arkreen underscores Dione's commitment to transparency and environmental responsibility, allowing the company to offset its brown electricity consumption associated with blockchain transactions through the utilization of Arkreen’s tokenized environmental asset, known as ART tokens. The cornerstone of this collaboration is the Arkreen Renewable Energy Certificate (AREC), which plays a crucial role in reducing the carbon footprint of the Dione ecosystem and its partners. By implementing Arkreen’s advanced REC protocol, Dione is not only laying the groundwork for sustainable growth but also enhancing its decentralized infrastructure to support renewable energy technologies. The success of Arkreen’s AREC protocol, which has issued over 129,520 tokenized RECs representing 129 GWh of green energy, highlights the effectiveness of on-chain solutions in tackling environmental challenges at scale, including contributions from residential solar panels and traditional RECs bridged via I-REC. With Dione's involvement, this partnership marks another significant milestone in the realm of sustainable technology. By adopting this proven solution, Dione reinforces its position as a leader in blockchain innovation with a strong emphasis on sustainability. This collaboration serves as a rallying call to the Web3 community, inviting all stakeholders to participate in the renewable energy movement and contribute to building a decentralized, carbon-neutral future. Together, Dione and Arkreen are shaping a more sustainable and innovative blockchain ecosystem, demonstrating the potential of collaborative efforts in addressing global environmental issues.