Decentralized Projects Offer Airdrops for Real-World Solutions

Friday, June 21, 2024 12:05 PM
159
Decentralized Projects Offer Airdrops for Real-World Solutions cover

Decentralized Physical Infrastructure Network (DePin) projects are gaining attention for their innovative solutions to real-world issues. Three notable DePin projects are set to offer airdrops, presenting opportunities for blockchain enthusiasts and investors. Grass, a decentralized web scraping network, is converting public web data into AI datasets and has recently initiated an update asking users to connect their Solana wallets, indicating an imminent airdrop. Grass has secured approximately $4.5 million in funding from investors like Polychain Capital and Tribe Capital. The U2U Network, a layer-1 blockchain for DePin, is also conducting an airdrop campaign, encouraging users to complete on-chain tasks for NFT rewards. With $10 million raised from three funding rounds, U2U Network is leveraging NFTs and loyalty points to enhance user engagement. Lastly, Chirp, a DePin telecommunications network for IoT and voice communication, is launching the Chirp Tracker App Campaign as part of its airdrop strategy to increase user participation and network growth. These airdrops are integral to the projects’ roadmaps for broader token distribution and heightened user engagement.

Related News

NATIX Token Launch cover
9 hours ago
NATIX Token Launch
NATIX is a global mapping network powered by their proprietary AI and camera DePIN. NATIX’s flagship product “Drive&” uses driver assistant apps (e.g. dashcam and navigation), token incentives, computer vision AI, and smartphone cameras to map the roads and support various mobility, autonomous drivi
Nubila Secures $2.5 Million in Funding for ESG Data Oracle Expansion cover
18 hours ago
Nubila Secures $2.5 Million in Funding for ESG Data Oracle Expansion
Nubila, a leading data oracle in the Decentralized Physical Infrastructure Network (DePIN) ecosystem, has initiated a fundraising round. The round is led by IoTeX and VeChain, along with the Boston Consulting Group, and has attracted participation from a diverse group of investors including OrangeDA
DePin Supercycle: The Next Big Thing in Blockchain cover
20 hours ago
DePin Supercycle: The Next Big Thing in Blockchain
Crypto analysts are predicting a Decentralized Physical Infrastructure Network (DePin) supercycle, driven by Web3 and AI advancements, reminiscent of the early Internet era. DePin aims to decentralize applications currently dominated by tech giants like AWS and Google Cloud. The AI sector is particu
BlockDAG's Keynote 2 Presentation Sparks 30,000x ROI Potential Amid Crypto Market Competition cover
2 days ago
BlockDAG's Keynote 2 Presentation Sparks 30,000x ROI Potential Amid Crypto Market Competition
While ApeCoin and Helium are gaining attention in the cryptocurrency market, BlockDAG has emerged as a strong competitor with its groundbreaking Keynote 2 presentation. The presentation has significantly increased BlockDAG's pre-sale earnings to $54.5 million and is expected to yield up to a 30,000x
Exploring the Potential of Decentralized Physical Infrastructure cover
4 days ago
Exploring the Potential of Decentralized Physical Infrastructure
Sean Cary, Helium's co-founder and Borderless Capital's lead partner, discusses the boundless potential of Decentralized Physical Infrastructure Networks (DePIN) in his latest article on CoinDesk. He explains DePIN as either bespoke networks with custom hardware or commodity DePIN that operates on e
Synternet Launches Mainnet on Cosmos, Unleashing Decentralized Data Economy Potential cover
5 days ago
Synternet Launches Mainnet on Cosmos, Unleashing Decentralized Data Economy Potential
Synternet, a blockchain that supports modular data infrastructure across major chains such as Ethereum and Cosmos, has launched its mainnet on the Cosmos network. This significant step completes the Monaco phase and marks the beginning of a new era for the decentralized data economy. Synternet's tok
Coinbase Will Not Facilitate Ocean-Fetch AI Token Merger cover
5 days ago
Coinbase Will Not Facilitate Ocean-Fetch AI Token Merger
Coinbase has announced that it will not facilitate the upcoming merger of the Ocean Protocol (OCEAN) and Fetch.ai (FET) tokens related to the Artificial Superintelligence Alliance (ASI). The exchange will continue to support trading for both tokens until further notice but will not execute migration
Leading Privacy Protocol ATOR Rebrands to Anyone, Signals Mainstream Privacy Push cover
5 days ago
Leading Privacy Protocol ATOR Rebrands to Anyone, Signals Mainstream Privacy Push
ATOR, now rebranding to Anyone, has initiated a major transition in the privacy protocol space. This rebranding signifies a move from obscurity to a more mainstream approach to privacy. With the ATOR pool ranking among the top 15 Uniswap pools on Ethereum by value, the demand for ATOR DePIN hardware
Crypto Community Worries Over Privacy and Surveillance Issues cover
6 days ago
Crypto Community Worries Over Privacy and Surveillance Issues
The crypto community has shown concern over privacy and surveillance issues, especially after the conviction of Tornado Cash developer Alexey Pertsev and the plea deal of WikiLeaks founder Julian Assange. The community has come together to support legal fees for these cases. Nym, a privacy-focused p
CoralApp Introduces Coral Phone: Pioneering AI-driven Device for the Web3 Lifestyle cover
6 days ago
CoralApp Introduces Coral Phone: Pioneering AI-driven Device for the Web3 Lifestyle
CoralApp, a North American team of data scientists' brainchild, is revolutionizing the web3 domain with the Coral phone, an AI-driven device designed to enhance digital interactions and integrate seamlessly with the web3 ecosystem. The Coral phone is not just a smartphone; it's a platform that suppo