WeatherXM: Decentralizing Weather Data with Web3 and IoT

Monday, June 3, 2024 12:05 PM
2
WeatherXM: Decentralizing Weather Data with Web3 and IoT cover

WeatherXM is revolutionizing weather forecasting by leveraging Web3 technology and IoT to create a decentralized network of weather stations. This approach allows for more accurate and hyperlocal weather data, accessible to everyone from farmers to scientists. The community-driven network encourages users to contribute data from their own weather stations, enhancing the overall reliability of the information. By integrating IoT devices with blockchain networks like Helium and Filecoin, WeatherXM ensures data security and scalability. Station owners are rewarded with the platform’s native ERC-20 token, WXM, which became tradable on Uniswap v3 and other platforms on May 30. The technology has real-world applications in agriculture and disaster preparedness, with a focus on providing accurate weather data to remote and developing regions. WeatherXM aims to expand its network globally and improve data collection, recently raising $7.7 million in a Series A funding round.

Related News

Top DePIN Crypto Mining Projects for Maximizing Passive Income cover
15 days ago
Top DePIN Crypto Mining Projects for Maximizing Passive Income
Discover the top DePIN crypto mining projects for June 2024, designed to maximize passive income and crypto investments. DePIN, or Decentralized Physical Infrastructure Networks, integrates blockchain with physical systems, set to thrive in the upcoming bull market. Dive into the top 10 projects and
Hivello Launches App to Simplify Web3 Mining and Expand DePIN Accessibility cover
19 days ago
Hivello Launches App to Simplify Web3 Mining and Expand DePIN Accessibility
Hivello, a Decentralized Physical Infrastructure Networks (DePINs) aggregator, has launched its app at the Consensus 2024 event, following a successful six-month waitlist period with 19,600 users. The app aims to simplify Web3 mining, enabling users to earn tokens by contributing their computer reso
Hivello Launches Private Beta App for Web3 Mining at Consensus 2024 cover
19 days ago
Hivello Launches Private Beta App for Web3 Mining at Consensus 2024
Blockmate Ventures' investee, Hivello Holdings, has launched a private beta of its passive income generation app at the Consensus 2024 conference. The app, which simplifies Web3 mining for novices, has attracted 19,600 users to its waitlist. Hivello aims to democratize access to decentralized infras