DePin Sector Update: ATOR Rebrands, Verida Raises Funds, Synternet Launches Mainnet
Monday, July 1, 2024 4:26 PM
34
Decentralized Physical Infrastructure Networks (DePin) are making waves in the tech industry by facilitating decentralized projects in real-world infrastructure. ATOR Protocol has rebranded to Anyone, aiming to make internet privacy a standard for all users with its new Anon network. Meanwhile, Verida secured over $5 million in funding, valuing the decentralized personal information network at $50 million. Lastly, Synternet, a Layer-1 blockchain for AI, DeFi, DePIN, and IoT projects, has launched its mainnet on the Cosmos network, enabling a decentralized data economy.
Related News
2 days ago
NATIX Network Token Lists on Centralized Exchanges Amidst Competition and Demand ChallengesNATIX Network's token, NATIX, has been listed on centralized exchanges like KuCoin, MEXC, and Gate.io, but not yet on major platforms such as Binance, Coinbase, and Kraken. The network encourages users to collect and share environmental data for smart-city and mobility applications through its mappi
3 days ago
Nubila Secures $2.5 Million in Funding for ESG Data Oracle ExpansionNubila, 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
3 days ago
DePin Supercycle: The Next Big Thing in BlockchainCrypto 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
4 days ago
BlockDAG's Keynote 2 Presentation Sparks 30,000x ROI Potential Amid Crypto Market CompetitionWhile 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
6 days ago
Exploring the Potential of Decentralized Physical InfrastructureSean 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
7 days ago
The Power of Decentralized Physical InfrastructureDecentralized physical infrastructure (DePIN) is a growing field that integrates technology into everyday life, making it more accessible and user-friendly. The Helium Blockchain is a prime example of DePIN's power, offering a new way of thinking and simplifying complex Web3 concepts. DePIN projects
7 days ago
Synternet Launches Mainnet on Cosmos PlatformSynternet, a blockchain designed for modular data infrastructure, has launched its mainnet on the Cosmos platform. This move marks the end of the Monaco phase and the beginning of a new era for the decentralized data economy. The mainnet launch enables the practical use of the SYNT cryptocurrency an
8 days ago
Roam: Pioneering Seamless Wi-Fi with OpenRoaming™Roam, a Web3 initiative in the WBA OpenRoaming™ program, offers a unique token incentive and community growth system, attracting over 390,000 app users and 310,000 nodes across 180 countries. It aims to provide a seamless, secure, and login-free Wi-Fi network experience, leveraging the OpenRoaming™
8 days ago
IoTeX Introduces Modular DePin Infrastructure to Redefine Web3 TechnologiesIoTeX has introduced a novel approach in decentralized physical infrastructure networks (DePins) called the Modular DePin Infrastructure, which aims to redefine the creation and functionality of Web3 technologies. This innovation is more efficient and cost-effective compared to traditional infrastru
8 days ago
CoralApp Introduces Coral Phone: Pioneering AI-driven Device for the Web3 LifestyleCoralApp, 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