Latest Developments in the Blockchain Industry

Fog Works, a leader in Web3 storage computing and EdgeAI, has announced a strategic partnership with Arkreen and Datamall Chain (DMC) to promote carbon neutrality within Decentralized Physical Infrastructure Networks (DePIN). This collaboration introduces the "Plug for Green Program" (PGP), which aims to create a sustainable future powered by decentralized AI and Green DePIN. Arkreen's innovative solutions include Smart Plug technology and tokenized Renewable Energy Certificates (RECs) that allow real-time energy consumption monitoring and on-chain carbon offsetting, encouraging participants in the Green DePIN ecosystem to adopt sustainable practices. Datamall Chain (DMC) is revolutionizing data ownership and sharing through its decentralized EVM-compatible network, utilizing its native token, $DMC, to facilitate trustworthy data transactions. DMC's infrastructure enhances decentralized AI capabilities while ensuring privacy and ownership through blockchain technology and smart contracts. Fog Works, recognized as one of the top 15 U.S. innovative storage startups in 2023, is committed to developing data-sovereign DePIN solutions. This partnership aims to bridge chains and empower Decentralized AI with energy-efficient solutions that promote sustainability. The collaboration between Fog Works, Arkreen, and DMC unlocks new opportunities for sustainable decentralized AI. Key advancements include energy consumption monitoring through Arkreen’s Smart Plugs, on-chain carbon offset mechanisms using tokenized RECs, and composable dual mining that allows participants to earn both $AKRE and $DMC tokens. This initiative not only rewards eco-conscious practices but also fosters cross-chain collaboration, driving the adoption of Green DePIN principles. Together, these organizations are setting a new standard for eco-conscious Web3 projects, inviting the community to join the Green DePIN revolution and contribute to a sustainable future.

Coinbase has launched a new initiative called Coinbase Learning Rewards, featuring three lessons and one quest focused on the DIMO project. This program provides users with an opportunity to engage with the onchain ecosystem while learning about innovative concepts in the automotive industry. By participating in these lessons, users will gain insights into DIMO's mission to revolutionize vehicle ownership, how it empowers car owners to drive smarter, and the significance of vehicle data within an open mobility network. Upon completing the third lesson and its accompanying quiz, users will earn $DIMO tokens, setting the stage for the quest to connect a new vehicle to the DIMO network. To participate in the DIMO Learning Rewards, users must first download the Coinbase app from either the iOS App Store or Google Play Store and create an account. Eligibility for the Learning Rewards campaign requires users to have completed identity verification and executed a trade within the app. After setting up their accounts, users can access the rewards portal from the main menu. Completing all three lessons unlocks the car connection quest, which requires users to enter their email address to link their DIMO account for reward disbursement. It is crucial to log in to DIMO with the same email to ensure rewards are credited correctly. The quest's completion is contingent upon the user's vehicle, with specific requirements varying by manufacturer. Users can connect their vehicles either through existing software applications or by using DIMO's hardware device, the LTE R1. For those purchasing the LTE R1, a discount code is available. To successfully complete the quest, users must connect a new vehicle with a unique VIN that has not been previously registered, as re-adding a vehicle will not count towards completion. Overall, this initiative aims to enhance user engagement and promote the DIMO mission within the crypto community.

The Blockchain Association (BA) based in Washington D.C. has kicked off its 'Blockchain Policy Summit' with an opening address from the incoming U.S. President, Donald Trump, who expressed his commitment to stand alongside the industry and lead the development of the crypto sector. The first day of the summit includes closed-door discussions between dozens of member organizations and government officials to delve into the current blockchain industry trends and the future direction of U.S. policies. IoTeX, a member organization, has been invited to participate in the summit. Recently, the BA officially welcomed IoTeX, highlighting their expertise in the DePIN field, which is gaining increasing interest from policymakers and regulators in Washington D.C. IoTeX's substantial knowledge is expected to enhance BA's communication with the new government. The Blockchain Association, representing the crypto industry in Washington D.C., consists of nearly 100 leading organizations and protocols. It aims to establish a reasonable and beneficial regulatory framework for blockchain technology. Over the past three years, the BA has actively engaged with numerous blockchain leaders at the policy level, participating in hundreds of discussions in the Senate and the House of Representatives. In 2023 alone, the BA was involved in 175 meetings with the Senate and House members. With the influence of the crypto-friendly political landscape under the newly elected President Trump, the Blockchain Policy Summit is highly anticipated, with notable attendees such as Senators Tim Scott, Bill Hagerty, Cynthia Lummis, and Representatives Patrick McHenry, French Hill, Ro Khanna, among others. Leading industry organizations with compliant and positive government relations, including a16z, Coinbase, Consensys, Grayscale, Messari, Ripple, Uniswap, Filecoin, and IoTeX, will participate as members at the summit. IoTeX, as a member representing DePIN, is at the forefront of discussions. DePIN, a hot topic at the summit, has piqued the interest of Washington's policymakers and regulators. As a groundbreaking technology that connects real-world devices and infrastructure with the digital world, DePIN holds unique advantages in unlocking traditional industry value and energy. IoTeX, as a leader in the DePIN ecosystem, will collaborate with other industry leaders in the DePIN working group, such as Multicoin, Hedera, Filecoin, Helium, CESS, and Geodnet, to drive discussions and policymaking on integrating real-world applications with blockchain innovation. Larry, IoTeX's ecosystem lead, emphasized the crucial 100 days ahead for U.S. crypto legislation, highlighting the growing acceptance of DePIN among legislators. Raullen Chai, IoTeX's CEO and Co-founder, stressed the importance of collaboration with policymakers in establishing a thriving DePIN and crypto ecosystem. By joining the Blockchain Association, IoTeX aims to provide clear pathways for DePIN projects to launch and expand under regulatory guidance, ensuring accessibility for all users. Through long-term collaborations with professional organizations like the Industrial Internet Consortium (IIC) and IEEE, IoTeX is well-positioned to facilitate dialogues between DePIN and Washington's policymakers, marking a significant step in connecting the physical and digital worlds through decentralized technology.

In the evolving landscape of digital marketing, the tension between delivering personalized experiences and respecting user privacy is becoming increasingly pronounced. Marketers are often likened to oil drillers, eager to extract value from data but sometimes neglecting the ethical implications of their actions. The recent missteps by companies, such as Kaiser Permanente's accidental sharing of private health information affecting millions, highlight the urgent need for a shift towards privacy-first strategies. As consumers grow more cautious about their personal information, the challenge for marketers is to balance innovative data protection methods with business objectives. Web3 technology presents a transformative opportunity for marketers to rebuild trust with consumers by prioritizing privacy and consent. Traditional marketing practices, often perceived as intrusive, are losing their effectiveness as users demand transparency and control over their data. Issues such as data breaches and lack of user consent are driving customers away, leading to a loss of trust that can be devastating for brands. The Ticketmaster data breach serves as a stark reminder of the consequences of failing to protect user data, emphasizing the need for a new approach that respects user rights and fosters loyalty. iExec's R3ach tool exemplifies how marketers can navigate this complex landscape by implementing privacy-first strategies. By utilizing confidential computing technologies, R3ach enables secure communication with users without accessing their personal information. This innovative solution not only facilitates targeted marketing campaigns but also empowers users by allowing them to control their data-sharing choices. As brands embrace these privacy-centric practices, they can reclaim consumer trust and establish long-lasting relationships, ultimately positioning themselves for success in a privacy-conscious market.

Arkreen is making significant strides in promoting transparency and community trust through its monthly token burn initiative. For November 2024, the total burn of $AKRE tokens reached 1,016,816.02, reflecting the company's commitment to sustainability and accountability. The process involves a service fee for issuing tokenized Renewable Energy Certificates (ART), with each ART equating to 1000 $AKRE. In November, Arkreen issued 370.91467 ART, collecting fees amounting to 370,914.67 $AKRE. Of this, 296,731.74 $AKRE was allocated for burning, while 74,182.93 $AKRE was directed to the treasury, enhancing the ecosystem's financial health. In addition to the issuance fees, November 2024 marked a pivotal moment for Arkreen with the introduction of service fees for on-chain ART offsets. This new initiative allocates 80% of the collected fees for token burns, reinforcing the deflationary model of the ecosystem. Each ART offset incurs a fee of 1 ART = 1000 $AKRE, with the Arkreen Foundation currently sponsoring these fees during the smart contract upgrade. In November, 900.10535 ART offsets were processed, resulting in 720,084.28 $AKRE planned for burning and 180,021.07 $AKRE allocated to the treasury. Looking ahead, Arkreen remains dedicated to its mission of fostering a sustainable and decentralized future. The token burns are a crucial aspect of maintaining a deflationary model, which not only enhances value for stakeholders but also supports the growth of decentralized renewable energy solutions. With a remaining supply of 9,988,588,639.63 $AKRE, Arkreen is poised for future success, with additional burns planned based on utility revenue. The community is encouraged to stay engaged as Arkreen continues its journey toward a greener tomorrow, with the next update expected in January 2025.

November proved to be a transformative month for Roam, as the decentralized WiFi solution celebrated significant milestones and introduced exciting new features. The standout moment was the achievement of surpassing 1 million registered users globally. This remarkable growth is a testament to the increasing demand for Roam's services, which now includes over 900,000 active self-built nodes and the issuance of more than 1.5 billion Roam Points. With each new user and node, Roam is advancing its mission to provide accessible and reliable WiFi for everyone, everywhere. In addition to its user growth, Roam made headlines by securing the top position on DePINscan, ranking first among decentralized infrastructure projects. This rapid ascent from second to first place in just one month highlights Roam's commitment to revolutionizing connectivity. The community's contribution of over 900,000 nodes through the addition of WiFi hotspots and Roam miners has been pivotal in this achievement. Users can earn Roam Points, which will be convertible to $ROAM tokens after the token generation event (TGE), further incentivizing participation in the network's growth. Moreover, Roam launched the eSIM Top-Up feature, enhancing user convenience by allowing seamless balance top-ups without the need to switch eSIMs. This feature is available in over 160 countries and is accompanied by a promotional offer that rewards users for their first top-up. Additionally, the Spooky Halloween 2024 event engaged the community with over 260,000 gifts opened and 26 million Roam Points burned. Roam also initiated quest campaigns that attracted over 17,000 participants in just two weeks, successfully onboarding new users and fostering engagement across various platforms. These developments collectively underscore Roam's dedication to enhancing user experience and expanding its decentralized WiFi network.