Starpower Launches Airdrop Event After Graduating from Alliance's 13th Phase

Friday, November 8, 2024 12:00 AM
62
Starpower Launches Airdrop Event After Graduating from Alliance's 13th Phase cover

This month, the decentralized energy network Starpower has successfully graduated from Alliance’s 13th phase and has launched an exciting airdrop event. The initiative has already attracted over 200,000 newly registered users, reinforcing Starpower’s status as the leading energy decentralized physical infrastructure network (DePIN) in terms of user base. Looking ahead, the project has ambitious plans to surpass 1 million users by 2024 and aims to outpace Tesla’s device activation numbers within the next five years, leveraging its innovative DePIN model.

According to insights from the Web3 asset data platform RootData, Starpower operates as an open protocol for decentralized energy networks. The recently initiated airdrop event is set to run until the mainnet launch, during which a total of 30 million tokens will be distributed as rewards. These rewards will be allocated to users who purchase devices, activate NFTs, and engage actively within the community. This strategic move not only incentivizes user participation but also aims to build a robust ecosystem around decentralized energy solutions.

In light of these developments, ChainCatcher emphasizes the importance of approaching blockchain technology with a rational mindset. Users are encouraged to enhance their risk awareness and exercise caution regarding various virtual token issuances and speculative activities. It is crucial to note that all content provided by ChainCatcher serves as market information or opinions from related parties and should not be interpreted as investment advice. For any sensitive information encountered, users are urged to report it for prompt handling.

Related News

PINGPONG Launches Computing Resource Exchange to Enhance DePIN Efficiency cover
a day ago
PINGPONG Launches Computing Resource Exchange to Enhance DePIN Efficiency
PINGPONG has recently launched its computing resource exchange, enabling users to access, trade, and invest in structured financial products that are supported by real computing resources. This innovative platform aims to bridge the gap between traditional finance and decentralized finance by providing a marketplace for computing resources, which can be utilized in various applications ranging from data processing to complex algorithmic trading. According to RootData, PINGPONG serves as a DePIN liquidity and service aggregator. Its two flagship products include the DePIN liquidity-linked money market and the DePIN service-linked integrated SDK. These products are designed to enhance the efficiency of the Decentralized Physical Infrastructure Networks (DePIN) by addressing both supply and demand sides, thereby facilitating smoother transactions and better resource allocation within the ecosystem. ChainCatcher emphasizes the importance of approaching blockchain technology with a rational mindset. It urges users to enhance their risk awareness and exercise caution regarding virtual token issuances and speculative investments. The platform clarifies that all content provided is purely market information or opinions from related parties and does not constitute investment advice. Users are encouraged to report any sensitive information they encounter, ensuring a safer trading environment for all participants.
IoTeX Launches Get Goated Season 2 with 100M IOTX and NUBI Tokens cover
a day ago
IoTeX Launches Get Goated Season 2 with 100M IOTX and NUBI Tokens
IoTeX has launched its much-anticipated DePIN initiative, Get Goated Season 2, which offers participants the chance to earn a share of 100 million IOTX tokens and 100,000 worth of NUBI tokens. This campaign is touted as the largest DePIN incentives program in history, encouraging users to engage with various decentralized finance (DeFi) projects and contribute to the advancement of the DePIN revolution. Participants can join by connecting their wallets, completing initial tasks, and engaging with the IoTeX ecosystem, which includes acquiring IOTX tokens, staking, and interacting with DeFi applications. To kick off their participation, users must visit the Get Goated Season 2 campaign page, connect their wallets, and complete a series of introductory tasks. These tasks are designed to familiarize participants with the IoTeX ecosystem, such as adding the IoTeX Network to their wallets and joining the IoTeX community on social media platforms. Additionally, Nubila has introduced a campaign on Galxe, where participants can earn rewards by completing specific tasks, including obtaining NFTs and referring friends. This dual approach not only incentivizes participation but also fosters community engagement within the growing IoTeX network. Nubila, the organization behind this initiative, is focused on building a decentralized environmental data network. By collecting real-time weather data through decentralized stations and utilizing AI for actionable insights, Nubila aims to create an environmental data oracle that promotes sustainability and addresses climate change. As participants engage with the Get Goated Season 2 campaign, they are not only rewarded with tokens but also contribute to a larger mission of leveraging blockchain technology for real-world impact. Now is the time to get involved and make a difference in the evolving landscape of decentralized technologies.
Stratos Partners with MetaTrust Labs to Enhance Web3 Security cover
a day ago
Stratos Partners with MetaTrust Labs to Enhance Web3 Security
In a significant development for the Web3 ecosystem, Stratos has announced a partnership with MetaTrust Labs, a leading provider of Web3 AI security tools and code auditing services. This collaboration is set to enhance the security and resilience of Web3 applications by merging advanced AI-powered security measures with Stratos' decentralized storage solutions. The partnership aims to create a robust infrastructure that not only protects data but also ensures the reliability and efficiency of Web3 applications, a crucial aspect for developers and users alike. MetaTrust Labs, which was incubated at Nanyang Technological University in Singapore, is recognized for its innovative approach to Web3 security. The company specializes in developing advanced AI solutions designed to assist developers and stakeholders in safeguarding their applications and smart contracts. This focus on security is essential in the rapidly evolving digital landscape, where vulnerabilities can lead to significant risks. By leveraging AI technologies, MetaTrust Labs aims to create safer and more efficient digital ecosystems that can withstand potential threats. Stratos, known for its commitment to decentralized infrastructure solutions, plays a pivotal role in this partnership. The company provides a decentralized storage framework that supports high availability, scalability, and resilience for Web3 platforms. By integrating its decentralized storage solutions with MetaTrust Labs' AI-driven security tools, the partnership promises to deliver an unparalleled level of protection for code and data within Web3 applications. This collaboration not only enhances security confidence for developers but also contributes to the overall integrity of the Web3 space, paving the way for a more secure digital future.
Dogecoin Maintains Liquidity Amid Market Shifts, Bittensor Faces Challenges cover
a day ago
Dogecoin Maintains Liquidity Amid Market Shifts, Bittensor Faces Challenges
In the current cryptocurrency landscape, Dogecoin (DOGE) has demonstrated remarkable resilience by maintaining steady liquidity despite market fluctuations. Following the recent U.S. elections, there was a significant uptick in activity from large holders, or whales, with whale netflows increasing by nearly 957%. This surge resulted in transactions soaring from approximately 45 million to over 430 million DOGE in just one day. Although Dogecoin's price experienced a brief climb of about 10% during the election period, it later dipped around 6%, stabilizing at a slightly lower level. Nevertheless, its trading volume remains robust at over $3.8 billion, with a market cap close to $29 billion, underscoring its strong market presence and ongoing interest from major investors. Conversely, Bittensor (TAO) is facing challenges as it experiences a decline in liquidity, raising concerns among its investors. With a market cap of around $3.7 billion and a daily trading volume of approximately $165 million, the reduced trading activity indicates a shift in investor engagement. Currently, there are about 7.4 million TAO tokens in circulation out of a maximum supply of 21 million. The drop in liquidity could lead to increased price volatility, making it crucial for investors to monitor these trends closely. A continued decline may impact the token's value and overall attractiveness to potential investors. In contrast, IntelMarkets (INTL) is emerging as a promising alternative in the crypto trading arena, boasting a unique AI-powered trading platform built on a modern blockchain. Currently in Stage 5 of its presale, IntelMarkets has raised around $2 million, with nearly 10 million tokens sold at a price of $0.045 Tether, set to increase to approximately $0.054. The platform's self-learning bots process over 100,000 data points, allowing traders to make informed decisions based on real-time data. With its limited token supply and advanced technology, IntelMarkets positions itself as a strategic platform for investors seeking consistent growth and stability in a volatile market.
Filecoin Shows Resilience and Potential for Major Gains cover
2 days ago
Filecoin Shows Resilience and Potential for Major Gains
Filecoin (FIL) has demonstrated remarkable resilience by holding a crucial support level for nearly two years, currently positioned around $2.94. This stability sets the stage for a potential breakout, as analysts predict significant gains for the cryptocurrency. With the increasing demand for decentralized storage solutions, Filecoin's intrinsic value is further enhanced, making it a standout asset in the cryptocurrency market. Popular crypto analyst Ali Martinez has highlighted the bullish potential of FIL, suggesting that if it maintains its current trajectory, it could see a near-term price surge to $9.50, representing a 145% increase, and a long-term target of $30, which would signify a staggering 700% upside. Recent market activity indicates that Filecoin is experiencing notable growth, with a market cap of $2.45 billion and a 24-hour trading volume of $318 million. Technical indicators reveal a bullish trend, with the Relative Strength Index (RSI) climbing to approximately 64.8, suggesting strong buying interest. The increase in trading volume supports this uptrend, as high volume typically indicates investor conviction. Furthermore, data from Santiment shows a rise in social volume and community interest, which often correlates with bullish price movements, indicating that Filecoin is gaining traction among investors. As Filecoin continues to navigate its price dynamics, the $2.94 support level remains critical, with any pullbacks likely to attract strong buyer interest. The resistance zones at $9.50 and $30 are pivotal for future growth. A breach of the $9.50 level could catalyze a significant upward movement towards the $30 target, setting the stage for sustained growth in Filecoin's value as it capitalizes on the increasing demand for decentralized storage solutions.
Connecting Builders: Events in Bangkok Focused on Data, AI, and Crypto cover
2 days ago
Connecting Builders: Events in Bangkok Focused on Data, AI, and Crypto
In a vibrant push towards innovation in the intersection of data, AI, and cryptocurrency, a group of builders is gearing up to engage with the community in Bangkok this month. They will be present at several key events, including the Filecoin FIL Dev Summit on November 11, Devcon from November 12 to 15, and Fluence’s DePIN Day on November 15. These gatherings are designed for builders, operators, and newcomers alike, providing a platform for networking and collaboration in the rapidly evolving Web3 landscape. The focus of these events is to foster connections among those interested in decentralized technologies. Attendees can expect to engage in discussions around various topics such as decentralized storage, verifiable data, and identity management. The organizers are particularly keen on promoting their private Telegram group, Proof of Data, which serves as a collaborative space for individuals tackling challenges within the Web3 data ecosystem. This initiative aims to create a community where participants can share insights and solutions related to data availability and synthetic data. As the Web3 ecosystem continues to grow, events like these are crucial for building relationships and sharing knowledge. By bringing together diverse stakeholders, from seasoned developers to curious learners, the gatherings in Bangkok promise to be a melting pot of ideas and innovations. Attendees are encouraged to connect with the team at DePIN Day for more information and to join the ongoing conversation in the Proof of Data community, ensuring that everyone has the opportunity to contribute to the future of decentralized technologies.