Bless: A New DePIN Platform Offering Crypto Airdrops
Sunday, November 24, 2024 12:00 AM
198
In the rapidly evolving world of blockchain technology, Bless has emerged as a promising DePIN platform, recently launching its incentivized testnet. This platform, previously known as Blockless, aims to create a network of interconnected devices to meet the increasing computational demands of the AI sector. Users can participate in the project by simply downloading a browser extension, allowing them to share their bandwidth and contribute to the computational needs of various applications and decentralized services. In return, Bless rewards participants with tokens, fostering a community-driven model that shifts focus from institutional players to individual operators.
The Bless platform’s airdrop program is designed to be user-friendly, mirroring the successful model of its competitor, Grass. After downloading the browser extension, users can easily monitor their network-sharing activities through the Bless dashboard. To fully engage with the platform, users must activate a virtual DePIN device, or node, which facilitates communication with other infrastructures. Once operational, Bless automatically matches users’ devices to appropriate workloads, allowing them to accumulate points effortlessly, which will later be converted into tokens. The anticipated airdrop is expected to occur by the second quarter of 2025, following the mainnet launch projected for early 2025.
While the potential earnings from Bless’s airdrop may not be life-changing, they should not be overlooked. Similar to Grass, which has provided users with substantial rewards, Bless offers an opportunity for users to earn without any financial commitment. The simplicity of participation—requiring only a device and an internet connection—makes it accessible to a broad audience. Furthermore, the growing interest in DePIN projects among crypto investors suggests that the initial listing of Bless tokens could yield favorable outcomes. Historical data from similar projects indicates that holding onto low-value airdrops can lead to significant gains, making Bless an attractive prospect for those looking to engage in the blockchain space with minimal effort.
Related News
a day ago
Emerging Trends in DePIN: A Look at Prominent Projects and Their IncentivesIn 2024, the Decentralized Physical Infrastructure Network (DePIN) is emerging as a significant trend in the crypto market, with various projects like Rivalz Network, Dawn, and Kuzco leading the charge. Rivalz Network offers an AI-driven platform that rewards users for sharing and processing data, incentivizing them to run nodes for RIZ tokens. The project encourages community engagement through an airdrop, where users can earn points by completing social tasks. Similarly, Dawn aims to enhance the Solana ecosystem by providing decentralized communication, having secured $33 million in funding and gearing up for a Token Generation Event (TGE). Users can earn rewards based on their participation in the network, including connection time and referrals.
Kuzco stands out as a decentralized GPU network optimized for AI computing, rewarding users for contributing their idle computing power. NexusLabs, backed by significant funding, offers mining opportunities through a straightforward participation process. Users can earn points that convert to tokens upon the mainnet launch. Additionally, Aggregata allows users to monetize AI-generated data, while Oasis AI rewards users for interacting with its platform and offers various services like chat assistance and speech-to-text conversion. Projects like BlockMesh and Gradient Network further illustrate the trend, focusing on decentralized communication and optimized computing resources, respectively.
These projects collectively highlight the growing trend of utilizing Web3 technologies to create decentralized profit opportunities. By incentivizing user participation, data sharing, and computational contributions, they enable ordinary users to engage in the expanding Web3 economy. As the landscape evolves, these airdrop initiatives present viable alternatives to Grass, showcasing the potential for economic benefits through active involvement in decentralized networks and AI-driven platforms.
2 days ago
Filecoin Poised for Breakout Amid Bullish Market SentimentFilecoin (FIL), a blockchain-based digital storage platform, is showing signs of potential upside momentum after being confined to a tight trading range for nearly five months. Currently, the cryptocurrency is trading between the $3.18 and $4.80 levels, with a bullish market sentiment prevailing across the crypto landscape. Recent technical analysis indicates that FIL has formed a bullish price action pattern on its daily chart, gaining strong support from both traders and investors. As the price approaches the breakout level, aggressive trading activity has been noted, particularly as FIL nears the critical $4.80 resistance level.
If Filecoin successfully breaks out of this consolidation zone and closes a daily candle above $4.80, analysts predict a potential surge of up to 47%, which could see the asset reaching the $7.20 mark. The current trading position above the 200 Exponential Moving Average (EMA) further supports the uptrend, while the Relative Strength Index (RSI) suggests that FIL is in oversold territory, indicating a possible rally. This positive outlook is bolstered by increasing trader participation, as evidenced by a significant rise in open interest (OI) over the past 24 hours.
On-chain metrics reveal that FIL's OI has surged by 7.9% in the last day, reflecting heightened trader activity. Major liquidation levels are identified at $4.43 on the lower side and $4.75 on the upper side, with traders currently overleveraged at these positions. If the price rises to $4.75, nearly $1.5 million in short positions may be liquidated, while a drop to $4.43 could lead to the liquidation of approximately $6.21 million in long positions. Overall, the combination of bullish technical indicators and strong on-chain metrics suggests that Filecoin is poised for a breakout, with bulls currently dominating the market.
3 days ago
Sui Foundation Partners with Franklin Templeton to Enhance Blockchain InnovationOn November 22, 2024, the Sui Foundation announced a strategic partnership with Franklin Templeton Digital Assets, aimed at driving innovation within the Sui blockchain ecosystem. This collaboration is set to enhance the development of Sui, a Layer 1 and smart contract platform, by creating value opportunities for builders of blockchain-based solutions. Jameel Khalfan, Head of Ecosystem Development at Sui, highlighted that the partnership is a validation of Sui's technology, which was inspired by challenges in decentralized finance that Franklin Templeton is addressing.
Franklin Templeton Digital Assets has been actively involved in blockchain technology for several years, focusing on building solutions, running node validators, and developing investment strategies. Their dedicated digital assets research team employs tokenomic analysis and data science insights to guide product development and investment decisions. Tony Pecore, SVP and Director of Digital Asset Management at Franklin Templeton, expressed excitement about the advancements being made by the Sui team, noting that blockchain technology has often faced technical limitations despite its growing interest.
The Sui ecosystem is already home to innovative projects such as DeepBook, a decentralized finance solution akin to a central limit order book, and Karrier One, which supports a decentralized mobile network. Additionally, Sui has recently launched native USDC, providing users with direct access to a widely used stablecoin while mitigating risks associated with bridged assets. As a secure and scalable platform, Sui is positioning itself as a premier destination for application builders across various sectors, including gaming, DeFi, and tokenized securities.
3 days ago
DIMO Developer Console Upgraded to Version 1.0 with New FeaturesThe DIMO Developer Console has recently undergone significant enhancements, marking its official upgrade to version 1.0. Initially launched in beta in August, the console provided developers with a self-service dashboard to create applications for vehicles. Feedback from EthOnline hackers in September played a crucial role in shaping the new features that have now been integrated. One of the most notable updates is the support for DIMO Global Accounts, which streamlines account management by allowing users to sign in with existing Google or GitHub accounts while automatically provisioning a DIMO Global Account. This improvement simplifies the onboarding process for both web3 and web2 developers, removing previous barriers to entry.
In addition to Global Accounts, the DIMO Developer Console has introduced DIMO Credits (DCX), a stablecoin currency that developers use to access vehicle data and perform protocol operations. The console now features a fiat on-ramp, enabling users to purchase DCX using debit or credit cards through an integration with Stripe. This addition makes it easier for developers to obtain the necessary credits for their projects, fostering a more accessible development environment. For those who prefer cryptocurrency, existing balances of $DIMO, $POL, or $WMATIC can still be utilized.
To further support developers, DIMO has continuously improved its documentation, offering expanded resources and guides for the latest APIs and SDKs. The introduction of the 'Login With DIMO' React component SDK simplifies the integration of authentication methods into applications, providing developers with customizable options for user login. DIMO aims to create an ecosystem reminiscent of the App Store's impact on mobile computing, encouraging innovation and creativity in building applications that leverage the extensive vehicle data available on the DIMO network. With these advancements, the DIMO Developer Console is poised to empower developers in their quest to create groundbreaking automotive applications.
3 days ago
Akash Network and Lunex Network Lead the Charge in Cryptocurrency InnovationThe cryptocurrency market is witnessing significant developments, particularly with the Akash Network's DePIN protocol, which has recently crossed a billion-dollar market cap. This surge has led to a notable increase in the Akash price, reflecting growing investor confidence. Meanwhile, Solana is on the brink of achieving a new all-time high (ATH), with its market cap inflow allowing it to surpass BNB. The excitement surrounding Solana's impending ATH is not just a win for the platform but also for the broader cryptocurrency ecosystem, showcasing its potential for mainstream adoption and robust development activity.
In the realm of decentralized finance (DeFi), Lunex Network has emerged as a promising new player. This hybrid exchange offers a unique solution by facilitating cross-chain trading with over 50,000 trading pairs and a zero-fee structure. Lunex Network aims to simplify DeFi for both novice and experienced traders, making it more accessible to retail investors. With an impressive liquidity of $2.95 million already secured, Lunex is positioning itself as a key facilitator in the DeFi space, potentially democratizing access to this lucrative market.
The rise of Akash Network, Solana, and Lunex Network highlights a broader trend towards decentralized innovation beyond traditional finance. Akash's recent 10% surge in the last 24 hours and a remarkable 36% increase over the past week emphasize its potential to disrupt conventional cloud services. As the demand for decentralized, trustless platforms grows, these tokens present exciting investment opportunities. With Solana nearing its ATH and Akash's momentum, investors are keenly watching these developments, while Lunex Network continues to attract attention with its DeFi offerings.
4 days ago
Aethir Integrates LayerZero to Enhance Multichain AI and Gaming EcosystemAethir is making significant strides in the blockchain space by integrating LayerZero to enhance its capabilities as a multichain AI and gaming ecosystem. This integration aims to bring the omnichain vision closer to reality, allowing for seamless interactions across different blockchain networks. Aethir’s native token, $ATH, will be available for testing on ZKSync, as announced on the platform's official X account. The integration with LayerZero will facilitate cross-chain operations, enabling users to move $ATH tokens effortlessly between various chains, thereby expanding the utility of the token within the ecosystem.
The Aethir platform is built on a robust decentralized cloud infrastructure that supports AI and gaming applications. With over 43,000 high-quality GPUs, including more than 3,000 NVIDIA H100s, Aethir is well-equipped to handle complex AI computations. The network also features over 32,000 globally distributed Aethir Edge devices, enhancing its computational capabilities. The $ATH token plays a crucial role in this ecosystem, allowing stakeholders such as Aethir Checker Nodes, Edge device operators, and cloud hosts to participate in the network's growth and functionality. The collaboration with LayerZero will enable Aethir to transition to the Sophon ZK chain, enhancing its multichain capabilities and facilitating the execution of smart contracts across different blockchains.
To further bolster its GPU cloud infrastructure, Aethir is also integrating Stargate’s omnichain liquidity protocol, which will simplify the exchange of $ATH tokens. This integration will provide access to unified liquidity pools, instant finality, and various staking and farming options. These advancements are designed to propel Aethir into a multichain future, ensuring that AI and gaming workloads can be accessed directly across multiple blockchain networks. As Aethir continues to innovate, it is set to play a pivotal role in the evolution of decentralized cloud solutions for the AI and gaming sectors.