Top AI and Decentralized Infrastructure Projects for 2024

Thursday, June 13, 2024 3:23 AM

895

AI Cloud Services Mining Token Launch

Artificial Intelligence (AI) and Decentralized Physical Infrastructure Networks (DePIN) are revolutionizing the technological landscape. DePIN projects, which combine blockchain with physical infrastructure, are set to transform resource management and information processing in 2024. Here’s a look at the top AI & DePIN projects to watch this year:

DePIN projects integrate digital blockchain capabilities with physical infrastructures like data storage and power grids. They aim to disrupt sectors traditionally controlled by central authorities. Notable projects include:

Filecoin (FIL): A decentralized storage network where users can rent out space for filecoin tokens. With over 1.7 billion EiB of data stored, Filecoin has introduced smart contracts through the Filecoin Virtual Machine (FVM).
Helium (HNT): A decentralized wireless network for IoT devices, using a Proof of Coverage consensus algorithm. It incentivizes network coverage through HNT tokens.
Akash Network (AKT): An open-source cloud computing platform connecting server owners with users needing cloud resources, operating on the Tendermint blockchain.
NEAR Protocol: A community-powered cloud platform with high transaction speeds, simplifying developer experiences with intuitive features.
Arweave (AR): Known as ‘the permaweb,’ Arweave offers indefinite data storage through its blockweave technology.
Theta Network (THETA): A blockchain-based video streaming network where users earn tokens by sharing bandwidth and compute resources.
Render Network (RNDR): A decentralized GPU network for 3D rendering, connecting node operators with artists and developers.
Node AI (GPU): Provides access to GPU and AI technologies, allowing users to participate in the AI ecosystem.
Streamr (DATA): A decentralized data exchange for real-time data transactions, incentivizing data providers and consumers.
Bittensor (TAO): Combines blockchain with machine learning, incentivizing nodes for AI calculations and governance.

DePIN projects enhance security, scalability, and efficiency by connecting physical assets with blockchain technology. This integration forms a robust ecosystem with three layers: physical infrastructure, middleware, and the blockchain itself.

The future of DePIN looks bright, with a growing market size and potential applications in various sectors. Investments in DePIN projects like Helium are considered promising for 2024. However, it’s crucial to conduct thorough research before investing in any cryptocurrency project.

Source: analyticsinsight.net

Related News

2 days ago

Filecoin Shows Resilience Amid Market Downturn

On December 20, 2024, the cryptocurrency market faced a significant downturn, resulting in $1.18 billion worth of liquidations. Despite this trend, Filecoin (FIL) has shown resilience, with 75.71% of top traders on Binance maintaining long positions. The token's ability to hold above the 200 Exponential Moving Average (EMA) is crucial, as analysts predict a potential 40% surge to the $7 mark if it can sustain this support level. Currently, FIL is trading around $4.71, having experienced a decline of over 16.5% in the last 24 hours. The interest from larger investors, or whales, has been notable during this market dip. According to on-chain analytics firm Coinglass, there has been a significant outflow of $13.85 million worth of FIL from exchanges, indicating that long-term holders are accumulating the token. This trend suggests a bullish sentiment among investors, as they withdraw their assets from exchanges to secure them in personal wallets. The FILUSDT Long/Short Ratio on Binance stands at 3.12, further reflecting the strong bullish sentiment among traders. Technical analysis indicates that FIL has successfully retested the 200 EMA support level, which is a positive sign for potential upward movement. If the token can maintain its position above $4.75, it may see a rise to $7. However, if it falls below the 200 EMA and closes a daily candle under $4.70, a further decline of approximately 30% could be expected. The recent increase in trading volume by 14% during this period highlights the heightened participation from traders and investors, suggesting that the market remains active despite the overall downturn.

Token Launch Funding

2 days ago

The Rise of Fly-to-Earn: Merging Gaming, Crypto, and Real-World Assets

Fly-to-Earn (F2E) is an emerging trend in the cryptocurrency landscape that is capturing significant attention. This innovative model allows individuals to earn rewards through various flight-related activities, including gaming, virtual simulations, and even real-world travel. As the concepts of real-world asset tokenization (RWA) and the expanding GameFi sector attract more investors, F2E presents a unique opportunity that could transform perceptions of both cryptocurrency and reward systems. Currently, the RWA market is valued at approximately $19 billion, while the GameFi sector stands at around $22.7 billion, indicating a robust potential for growth as blockchain technology and Web3 protocols gain mainstream traction. The F2E concept is particularly intertwined with virtual reality, especially within gaming and simulation industries. A notable example is Microsoft Flight Simulator 2024, which allows players to earn in-game currency and virtual rewards by completing flights and missions. This gamified approach appeals to both aviation and gaming enthusiasts, creating an engaging experience. Additionally, blockchain companies are beginning to adopt similar models to monetize virtual flying experiences. For instance, BlockAirGame is developing an F2E model where users can earn cryptocurrency like Polygon (POL) through flight-related games, merging the thrill of gaming with blockchain incentives. In the real world, startups are also venturing into the F2E space. Satoshi Airlines has launched a Fly-to-Earn app that integrates air travel with blockchain technology, enabling users to earn rewards for their engagement. Recently, Spexi, a company specializing in ultra-high-resolution drone imagery, secured $11.5 million in Series A funding led by BlockChange Ventures. This investment will facilitate Spexi's global expansion and contribute to the overall growth of the F2E ecosystem. The convergence of gaming, cryptocurrency, and real-world assets positions Fly-to-Earn as an exciting model with promising prospects for the future.

Funding Token Launch

3 days ago

Bistroo Integrates LayerZero for Enhanced Multi-Chain Functionality

Bistroo, a blockchain-powered food ordering ecosystem, has successfully integrated with LayerZero, an advanced interoperability protocol. This collaboration introduces seamless multi-chain bridging for Bistroo's native token, BIST, significantly enhancing flexibility and liquidity within the decentralized ecosystem. With LayerZero's omnichain messaging protocol, Bistroo can connect BIST with over 90 leading blockchains, including Ethereum, Binance Smart Chain, and Polygon. This integration allows BIST holders to transfer their tokens across multiple networks efficiently and securely, overcoming traditional challenges such as high transaction fees and liquidity fragmentation. The benefits of this integration are manifold. Firstly, it enhances liquidity access by providing BIST with a direct connection to liquidity pools across various blockchains. This frictionless token movement enables users within Bistroo's ecosystem to engage with a larger global market. Additionally, LayerZero's Stargate protocol eliminates slippage and high fees typically associated with cross-chain transactions, making BIST more appealing to users. Furthermore, the integration improves ecosystem interoperability, allowing Bistroo to connect with a broader Web3 infrastructure and paving the way for further development across different chains. Looking ahead, the integration of LayerZero positions Bistroo as a leader in the decentralization of food e-commerce. By ensuring that BIST operates as a truly multi-chain token, Bistroo aligns with its mission to create a decentralized economy where users can transact freely across blockchain boundaries. This strategic move not only enhances the utility of BIST but also ensures a scalable and user-friendly ecosystem, better equipped to meet the demands of its growing global user base while remaining committed to its vision of decentralization.

Token Launch Product Launch

3 days ago

Acurast Launches Processor Lite for iOS, Empowering Users to Share Computing Power

Acurast, a pioneer in decentralized confidential cloud computing, has recently launched the Acurast Processor Lite for iOS, now available on the Apple App Store. This innovative application allows iPhone users to share their device's computing power with Acurast's decentralized cloud network, providing an opportunity to earn rewards in the form of cACU tokens. By leveraging the advanced processors found in mobile devices, Acurast enables ordinary smartphones to function as powerful computing providers, significantly expanding its ecosystem and inviting iPhone users to participate in a transformative approach to cloud computing. The Acurast Processor Lite not only enhances accessibility but also promotes sustainability by repurposing older or damaged mobile phones into affordable computing resources. This initiative offers a cost-effective alternative to traditional servers, integrating sustainability into the core of cloud infrastructure. Users can earn up to 250 cACU tokens per month simply by running the Processor connected to the internet, with additional rewards available when developers deploy applications on the Acurast Cloud using the user's processing resources. This model encourages participation and rewards users for contributing to a decentralized cloud environment. Alessandro De Carli, Co-Founder of Acurast, emphasized the significance of this launch in democratizing cloud computing. He stated that by enabling iPhone users to contribute their devices' computing power, Acurast is fostering a more decentralized, secure, and confidential cloud infrastructure. This initiative not only focuses on technological advancement but also empowers individuals to engage in a global movement that redefines the utilization of computing resources. Users can join the Acurast Cloud Rebellion by downloading the Processor Lite app, thus supporting a shift towards a more user-driven and sustainable cloud computing landscape.

Cloud Services Product Launch

3 days ago

io.net Joins Dell Technologies Partner Program to Enhance Decentralized GPU Solutions

io.net, a prominent player in the decentralized physical infrastructure network (DePIN) for GPUs, has recently joined the Dell Technologies Partner Program. This strategic alliance is designed to enhance io.net's business development, sales, and marketing efforts. As an authorized partner and cloud service provider, io.net aims to integrate its decentralized GPU network with Dell's robust infrastructure, providing scalable and cost-effective solutions tailored for emerging technologies such as artificial intelligence (AI), machine learning (ML), and high-performance computing (HPC). Tausif Ahmed, VP of Business Development at io.net, emphasized that this partnership marks a significant milestone for the company, positioning it as a leading solution provider in the AI, ML, and HPC sectors. The Dell Technologies Partner Program is an international initiative that equips partners with essential business development, sales, and marketing resources. By joining this program, io.net gains access to a wealth of resources that will facilitate the expansion of its decentralized GPU network and enhance its market capabilities. This collaboration not only allows io.net to strategize with other partners but also extends its global reach, enabling the deployment of solutions that seamlessly integrate decentralized GPU power with Dell's reliable hardware infrastructure. The partnership is expected to bolster io.net's go-to-market efforts and co-marketing activities, ultimately benefiting enterprise customers seeking advanced computing solutions. As the demand for scalable and efficient compute services continues to rise in the AI and ML industries, io.net's decentralized network offers a compelling alternative to traditional cloud service providers. By providing on-demand GPU clusters that can be deployed rapidly and at a lower cost, io.net addresses the bottlenecks faced by organizations in AI development. The partnership with Dell is set to democratize access to decentralized compute solutions, particularly for enterprises engaged in AI training, inference, and HPC use cases. With Dell's global presence and trusted reputation, io.net is well-positioned to accelerate the adoption of these innovative solutions across various industries.

Cloud Services AI

3 days ago

Auki Labs Unveils Posemesh: A New Era for Collaborative Robotics

In the realm of robotics, the challenge of enabling multiple robots to collaborate effectively in shared spaces has been a significant hurdle. Auki Labs is addressing this issue through the development of the posemesh, a shared spatial map that enhances how robots perceive and interact with their environment. Currently, most spatial maps lack contextual information, providing only geometric data without meaningful object labels. This limitation forces robots to rely on computationally intensive processes for object recognition, which slows down decision-making and limits the scalability of autonomous systems. By introducing the posemesh, Auki Labs aims to streamline this process, allowing robots to operate more efficiently with reduced computational demands. The Unitree G1 and Go2-W robots are at the forefront of this innovation, serving as ideal platforms for deploying the posemesh. With their advanced sensors and mobility, these robots can navigate pre-built spatial maps effectively. The posemesh facilitates a shared understanding among robots, enabling them to coordinate movements and allocate tasks without the need for each robot to independently process its environment. This collaborative approach not only enhances efficiency but also minimizes redundancy, ultimately leading to improved robot-to-robot communication and more scalable systems across various industries. Auki Labs envisions a future where robots can adapt to environments in real-time, overcoming computational bottlenecks and working together seamlessly. By investing in the posemesh and advanced robotic platforms, the company is pioneering a smarter approach to robotics and AI. This initiative is crucial for the widespread adoption of robots in mixed or hybrid environments, as it unlocks the potential for collaborative fleets that are greater than the sum of their parts. As Auki Labs continues to innovate, the promise of a more interconnected and efficient robotic future becomes increasingly tangible.

AI Product Launch

Signup for latest DePIN news and updates