Bistroo Achieves Major Milestones with IoTex Partnership and Community Campaign

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.

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 Anyone Network has announced a significant update to its tokenomics, specifically in the area of delegated staking. This new mechanism allows relay operators and token holders to stake an unlimited number of tokens, moving beyond the previous requirement of a 100-token lock. This change aims to enhance economic security for the network while providing substantial value accrual for token holders. By enabling delegated staking, token holders can either stake their tokens to their own relay family or delegate them to a trusted family, thus fostering a more robust staking environment. A relay family consists of a group of relays managed by a single entity, all sharing the same EVM wallet address for rewards. This structure allows clients to consider the total tokens staked to a relay family when selecting circuits, promoting reputable operators with larger stakes. The flexibility of the staking mechanism, which includes no minimum lock period and a 14-day cooldown for unstaking, ensures that all tokens earn rewards at a consistent rate, contingent on the operational status of the relay family. This incentivizes holders to delegate their tokens wisely, enhancing the network's security against adversarial attacks. In terms of incentives, all stakers will benefit from a base pool of tokens, with emissions distributed equally among staked tokens. As the Anyone Network transitions to a freemium model in 2025, users will have the option to access premium features for a subscription fee. The introduction of a gas-less Arweave distribution protocol further enhances the network's capabilities, allowing for scalable token distribution. Overall, this update not only strengthens the network's security but also aligns the interests of stakers and relay operators, paving the way for a more resilient and efficient blockchain ecosystem.

The $KICK token sale is set to launch on Fjord Foundry from December 19 at 12 PM UTC until December 23 at 10 AM UTC. This event presents a unique opportunity for investors to acquire $KICK tokens at a fixed sale price of $0.00875 each, using USDC on the Base Network. The sale marks the entry point into the XProtocol ecosystem, with the full release of tokens scheduled for the Token Generation Event (TGE) in Q1 2025. This limited-time offer encourages early participation to maximize potential rewards. In addition to purchasing $KICK tokens, participants who contribute $800 or more will unlock exclusive rewards. These rewards include an XForge Smartphone, valued at $499, which is the first node-operated blockchain DePIN smartphone, and a Xardian Node, valued at $300, which is essential for securing the XProtocol network and earning $KICK rewards. It is important to note that rewards are limited to one set per wallet, and the smartphone can be exchanged for a node if the user's country is not supported. To participate in the $KICK Xmas Sale, users must prepare their wallets by ensuring they have USDC ready on the Base Network, typically through a wallet like MetaMask. Once the sale goes live, participants can secure their tokens on Fjord Foundry. After purchasing, buyers will initially receive placeholder tokens, which can be exchanged for actual $KICK tokens during the TGE. To claim the Xmas rewards, users must connect to the designated website with their whitelisted wallet and provide shipping details, with expectations for smartphone shipments starting in Q1 2025. More updates will follow as the shipment date approaches.

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.

Decentralized Physical Infrastructure Networks (DePin) are reshaping the tech industry by facilitating decentralized projects in real-world infrastructure. Recent developments in the DePin sector include VanEck's $2.5 million investment in DAWN for decentralized wireless service, IoTeX's collaboration with the Blockchain Association for DePin political advocacy, Exabits securing $15 million in seed funding, and more. Exabits, an AI GPU tokenization startup, received $15 million in seed funding. By tokenizing GPU compute resources, Exabits has reached a $150 million valuation and experienced a 300% quarterly revenue increase. GPUs play a vital role in the DePin AI ecosystem due to the high computing demands of AI research. While companies like Aethir focus on GPU-as-a-service partnerships, Exabits offers a unique perspective that shows promise in the sector.