Latest DePIN Funding News

Roam Launches Discovery Ecosystem to Enhance User Benefits and Drive Innovation cover
3 months ago

Roam Launches Discovery Ecosystem to Enhance User Benefits and Drive Innovation

On December 24, 2024, Roam officially launched the Roam Discovery Ecosystem, a groundbreaking platform aimed at enhancing user benefits through strategic partnerships within the ecosystem. This initiative marks a significant milestone for Roam users, as it promises sustainable returns by supporting innovative projects in their early stages, backed by strong community involvement. The Roam Discovery System provides access to the world's largest decentralized global wireless network, boasting over 1.7 million app users and more than 1 million nodes across 200 countries, thereby facilitating a transformative decentralized experience. The Roam Discovery Ecosystem not only offers cutting-edge tools but also fosters a collaborative environment for eco-projects to expand their influence. By leveraging Roam's extensive global Wi-Fi node network, the platform provides partner projects access to invaluable user bases, grants, and community resources. The strategy includes enticing airdrop incentives and dual token mining opportunities, which promise significant future returns for users of both Roam and its partner projects. The ecosystem launches with 20 partner projects that are pivotal in advancing innovation across key sectors such as Layer 1, PayFi, and AI, including notable names like IoTeX, Huma Finance, and Mind Network. Roam's commitment to advancing crypto mass adoption is evident in its recent collaborations with 20 leading projects, which include both established industry leaders and innovative startups. Since the introduction of its Physical Layer 1 narrative in September 2024, Roam has consistently ranked at the top for hardware node count on DePINscan, with over 1 million active nodes. In less than a year, Roam has achieved over 1.7 million users and 1 million nodes, solidifying its leadership in the DePIN sector. The launch of Roam Discovery aligns with Roam's 2025 Roadmap, which emphasizes product development, technological advancements, and community ecosystem growth, positioning Roam to redefine the future of the DePIN sector and foster a more interconnected digital society.
Top 10 DePIN Coins to Invest in 2025 cover
3 months ago

Top 10 DePIN Coins to Invest in 2025

In the rapidly evolving cryptocurrency landscape, Decentralized Physical Infrastructure (DePIN) is emerging as a significant narrative for investment in 2025. DePIN projects leverage blockchain technology to enhance real-world physical infrastructure, creating value for both consumers and producers. This article highlights the top 10 DePIN coins that are expected to perform well, showcasing their market capitalizations and promising price actions. Among these, Helium (HNT) stands out with its bullish price action pattern, suggesting a potential surge of 30% to reach $8.5. Similarly, Filecoin (FIL) is anticipated to rally by 65% if it maintains support above $4.90, while Theta Network (THETA) could see a 36% increase if it breaks above $2.45. Other notable mentions include Internet Computer (ICP), which has found support at critical levels, indicating a potential 55% surge to $15.45. IOTA has attracted attention with a remarkable 540% increase following recent events, although it has faced a correction. If it holds above $0.28, a 35% rise to $0.40 is plausible. Render (RENDER) is also positioned for a breakout, with a potential 60% increase if it surpasses $7.22. Meanwhile, Arweave (AR) and Akash Network (AKT) are showing consolidation and support at key levels, suggesting possible surges of 50% and 60%, respectively. Lastly, AIOZ Network (AIOZ) and Hivemapper (HONEY) are also on the radar, with AIOZ poised for a 55% increase if it holds above $0.82 and HONEY potentially surging by 50% if it breaks the $0.09 resistance. These DePIN coins represent significant opportunities for investors in 2025, especially if the market experiences a bullish trend.
AYDO's Breakthrough Year: Bridging Web2 and Web3 in 2024 cover
3 months ago

AYDO's Breakthrough Year: Bridging Web2 and Web3 in 2024

2024 marked a pivotal year for AYDO within the Decentralized Physical Infrastructure Network (DePIN) ecosystem, as the project successfully bridged the gap between Web2 and Web3. This innovative platform empowered users to take control of their IoT-generated data, transforming it into an asset that they could own and monetize. AYDO made significant strides at major blockchain and tech events, including Token2049 and the DePIN Summit 2024, showcasing its advancements and forming strategic partnerships with notable DePIN and AI projects. One of the highlights was being selected as one of only six projects to join the prestigious DePIN Base Camp accelerator, further solidifying its position in the market. The beta testing phase of AYDO received an overwhelming response, with over 7,000 applicants vying for a chance to participate. From this pool, 300 individuals were chosen to engage in the beta launch, including Ambassadors and AYDO OGs. Their feedback has been invaluable in refining the platform, ensuring a user-friendly experience. In addition to technological progress, AYDO focused on community engagement by launching a Discord server and establishing an Ambassador Program. This initiative fostered a sense of belonging among members, rewarding them for their contributions and insights. Looking ahead to 2025, AYDO is poised for further growth with the upcoming official app launch. The partnerships formed throughout 2024, such as those with 375ai and Axone, have expanded AYDO's capabilities, allowing for enhanced data collection and monetization opportunities. To celebrate its achievements, AYDO is hosting a Testnet giveaway, encouraging community participation through creative tasks. As AYDO continues to evolve, it aims to revolutionize the decentralized data landscape, creating significant value for users worldwide and solidifying its role in the blockchain and IoT ecosystem.
Multicoin Capital Predicts Major Revenue Growth for Decentralized Enterprises by 2025 cover
3 months ago

Multicoin Capital Predicts Major Revenue Growth for Decentralized Enterprises by 2025

Kyle Samani, co-founder of Multicoin Capital, has made an optimistic forecast regarding the future of decentralized enterprises, specifically Helium, Hivemapper, and io.net. He predicts that by the end of 2025, their combined revenue will exceed $100 million. Currently, these companies are generating over $50 million annually, and Samani believes that this figure could triple in the coming year. He emphasizes that 2025 will be a crucial year for decentralized physical infrastructure networks, particularly those built on the Solana blockchain, which are expected to significantly impact various industries by decentralizing essential infrastructure. Multicoin Capital is recognized for its focus on innovative technologies that aim to decentralize and enhance critical infrastructure. The firm invests in both private equity and tokens for blockchain projects, providing support to entrepreneurs through various financing rounds. Among its notable investments are HNT, HONEY, and IO, all of which are working to revolutionize traditional industries with blockchain solutions. HNT, for instance, is a decentralized wireless network provider that incentivizes individuals to establish low-power wireless hotspots, transforming the wireless communication landscape. In addition to HNT, HONEY is another key project in Multicoin's portfolio, which leverages user-generated content and blockchain technology to create a global map that allows contributions and profit-sharing. Meanwhile, IO is focused on decentralized cloud computing, offering infrastructure for high-performance applications. Samani's insights underline Multicoin's commitment to fostering decentralized innovation and supporting projects like Solana, which are paving the way for a future where decentralized networks will be integral to global infrastructure, reflecting a shift towards more decentralized solutions.
Grass Cryptocurrency: A Promising Yet Challenging Journey Ahead cover
3 months ago

Grass Cryptocurrency: A Promising Yet Challenging Journey Ahead

The cryptocurrency project Grass, built on the Solana blockchain, has recently made headlines with a remarkable 494% surge in price following its airdrop. Initially, the price peaked at $3.89 on November 8, 2024, but has since stabilized around $2.3 to $2.4. With 2 million users and a position among the top 15 Decentralized Physical Infrastructure Network (DePIN) coins, Grass shows significant potential, although it faces regulatory scrutiny and challenges regarding its data collection practices. The project allows users to earn passive income through web scraping, utilizing unused internet bandwidth to train artificial intelligence, which raises concerns about privacy and data security. Despite the initial excitement surrounding the airdrop, which distributed 10% of the total supply to users, the price has seen fluctuations. Analysts suggest that while Grass has established itself in the market, it must navigate potential regulatory hurdles and the lack of an audit for its code. The project’s unique model, which involves nodes, routers, and validators to manage data collection, positions it well within the growing DePIN sector. However, the project's reliance on user data and the absence of transparency in its operations may hinder its long-term growth prospects. Looking ahead, the high annual percentage yield (APY) for staking, estimated at around 50%, and the anticipated launch of an iOS app in Q1 2025 could reignite interest in Grass. As the project continues to evolve, its ability to maintain user engagement and adapt to regulatory landscapes will be crucial. The crypto community remains cautiously optimistic, with traders noting that while the price may not experience drastic changes, it could stabilize and potentially rise again as the project matures and expands its offerings.
Powerloom Aims to Reshape Data Integrity in Blockchain cover
3 months ago

Powerloom Aims to Reshape Data Integrity in Blockchain

Swaroop Hegde, CEO and Co-Founder of Powerloom, recently discussed the company's mission to enhance data integrity in blockchain during an episode of The SlateCast. Powerloom utilizes a decentralized node network to ensure verifiable on-chain data integrity for web3 applications. Supported by prominent investors like Blockchain Capital and Filecoin, Powerloom aims to set a new benchmark for composable and decentralized data solutions, transforming user interactions with on-chain data and driving innovation in web3 applications. Hegde emphasized the current challenges in accessing and verifying on-chain data, which often depend on centralized sources, leading to potential data manipulation and outdated information. Powerloom addresses these inefficiencies through its decentralized node network, which allows real-time data computation without centralized intermediaries. With over 5,300 nodes, even non-technical users can contribute, ensuring the reliability and verifiability of the data provided. This unique approach focuses on dynamically composing data based on demand rather than indexing all available data, catering to various use cases across multiple chains. A notable feature discussed was Powerloom's Generative Prediction Markets (GPM), an automated on-chain prediction system that resolves in 30 minutes without human intervention. This innovative application demonstrates the potential for new products built on Powerloom's decentralized infrastructure. Looking ahead, Hegde outlined plans for 2025, including the introduction of dynamic data markets and a feature called Watchmen, aimed at verifying data accuracy in real-time. Powerloom's mission is to simplify access to decentralized data while fostering innovative applications, ensuring transparency and reliability as the web3 landscape evolves.
Binance Launches USDT Perpetual Contracts for dForce and Phala Network Tokens cover
3 months ago

Binance Launches USDT Perpetual Contracts for dForce and Phala Network Tokens

On December 30, Binance announced the launch of USDT perpetual contracts for the native tokens of dForce and Phala Network, marking a significant development in the cryptocurrency trading landscape. The dForce token experienced a remarkable surge of 26% following the announcement, reflecting strong market interest. The trading for PHAUSDT commenced at 11:30 UTC, while DFUSDT was listed shortly after at 11:45 UTC. Both contracts offer up to 75x leverage and have a tick size of 0.00001, with maximum financing rates set at +2.00% and -2.00%. The funding fee will be calculated every four hours, and Binance will support multi-asset trading for these perpetual tokens. The dForce token, currently trading at approximately $0.095, has shown impressive growth, with a 30% increase over the past week and a staggering 103.71% rise in the last month. With a market capitalization exceeding $83.2 million, dForce ranks 636th in the crypto market. Its fully diluted valuation stands at $84 million, and it has recorded a 24-hour trading volume of $157 million, indicating robust trading activity and investor confidence. In contrast, the Phala Network's PHA token saw a more modest increase of 10% post-listing. However, its long-term performance is promising, with a remarkable 327% rise in the past week and approximately 212% in the last month. dForce is recognized for its decentralized finance infrastructure, providing various protocols including decentralized stablecoins and yield tokens, while Phala Network focuses on privacy and secure cloud computing solutions in the Web3 space, utilizing the PHA utility token to power its operations.
IoTeX Joins Blockchain Association to Advocate for Decentralized Infrastructure cover
3 months ago

IoTeX Joins Blockchain Association to Advocate for Decentralized Infrastructure

IoTeX, a leader in decentralized physical infrastructure networks, has recently joined the Blockchain Association, a prominent advocacy group for the crypto industry in Washington, D.C. The Blockchain Association highlighted that decentralized physical infrastructure networks represent a revolutionary category of blockchain technology, bridging the gap between real-world devices and the digital landscape. This innovation encompasses everything from IoT-enabled smart devices to tokenized physical assets, showcasing significant transformative potential. However, the widespread adoption of these technologies hinges on achieving regulatory clarity, which is essential for their growth and integration into the market. Raullen Chai, co-founder and CEO of IoTeX, emphasized the importance of collaboration with policymakers in fostering a robust decentralized infrastructure ecosystem. By becoming a member of the Blockchain Association, IoTeX aims to leverage its expertise to navigate legal complexities and create clear pathways for launching and scaling decentralized physical infrastructure network projects. Chai believes that with the right regulatory framework, the full potential of decentralized infrastructure can be unlocked, ultimately benefiting a broader user base and empowering individuals through accessible technology. The Blockchain Association, which consists of nearly 100 companies and protocols, is dedicated to establishing sensible and innovation-friendly regulatory frameworks for blockchain technology. IoTeX plans to actively engage in various working groups within the association, focusing on policies that facilitate innovation in decentralized physical infrastructure networks in the U.S. This includes addressing regulatory challenges, ensuring equitable access for users, and supporting the tokenization of physical assets in compliance with U.S. law. Dan Spuller, senior director of industry affairs at the Blockchain Association, expressed enthusiasm for IoTeX's involvement, noting that their leadership in the DePIN space will provide valuable insights as the association advocates for policies that promote innovation and inclusivity in decentralized networks.
Revolutionizing Infrastructure: The Rise of DePin Crypto cover
3 months ago

Revolutionizing Infrastructure: The Rise of DePin Crypto

Decentralized Physical Infrastructure Networks (DePin) are revolutionizing the way we think about real-world infrastructure by leveraging blockchain technology. This innovative approach aims to redistribute power from centralized corporations back to the community, making systems like storage and streaming more accessible and equitable. With a surge in interest, several DePin coins are emerging as key players in this space, offering unique solutions and investment opportunities. Notable projects include Chirp, Render, BitTorrent, Filecoin, Theta Network, MultiversX, and Ocean Protocol, each contributing to the decentralization movement in distinct ways. Chirp stands out as a decentralized telecommunications network built on the Sui blockchain, focusing on IoT connectivity. By allowing users to operate their devices and earn CHIRP tokens, it incentivizes participation and fosters a more interconnected digital landscape. Render Network, on the other hand, connects creators with GPU providers, democratizing access to rendering services. Its recent transition from Ethereum to Solana has enhanced transaction speeds, making it a favorite among creatives. Meanwhile, BitTorrent has evolved into a decentralized file-sharing platform, rewarding users with BTT tokens for sharing files, showcasing the potential of community-driven content distribution. Filecoin operates like an Airbnb for data storage, enabling users to rent out digital storage space while ensuring data security through blockchain verification. Theta Network is redefining video streaming by allowing users to share bandwidth, enhancing content delivery while rewarding participation with TFUEL tokens. MultiversX offers a scalable blockchain infrastructure, facilitating efficient transactions for various applications, while Ocean Protocol focuses on decentralized data exchange, supporting AI and machine learning through tokenized datasets. As DePin continues to grow, these projects exemplify the shift towards a more decentralized and user-centric digital economy.
2025: A Pivotal Year for Blockchain and AI Integration cover
3 months ago

2025: A Pivotal Year for Blockchain and AI Integration

As we enter 2025, the cryptocurrency and blockchain sectors are poised for significant transformation, driven by a blend of macroeconomic factors, regulatory progress, and technological advancements. Insights from Messari and Coinbase indicate that this year could be pivotal for the evolution of Web3, AI, and decentralized infrastructure. Fog Works is at the forefront of this movement, focusing on innovation, sustainability, and community engagement to redefine the digital landscape. The increasing clarity in regulatory frameworks, especially in the U.S. and Europe, is expected to catalyze institutional adoption and innovation, with Coinbase predicting a rise in regulated financial products, including tokenized securities and compliant DeFi solutions. One of the most notable trends is the integration of AI with blockchain technology. Messari highlights the potential for decentralized AI systems to transform data management and privacy-centric applications. Fog Works is aligning its advancements in AI-enabled personal storage with this trend, emphasizing the importance of decentralized physical infrastructure networks (DePIN) as a critical layer in the Web3 ecosystem. As users seek alternatives to centralized tech giants, companies deploying real-world applications for data storage and IoT are expected to thrive. Additionally, NFTs are evolving beyond art into areas like music royalties and real estate tokenization, necessitating secure, decentralized storage solutions. Fog Works' achievements in 2024 set a strong foundation for 2025. The company has made significant strides in product innovation, market expansion, and community building. Notable advancements include the Foggie Max backup system, which enhances data security and sharing capabilities, and the integration of AI-powered features that allow users to create personal knowledge bases. With a focus on sustainability, Fog Works aims to adopt energy-efficient technologies and forge partnerships that promote greener blockchain practices. As the market landscape continues to evolve, Fog Works is well-positioned to lead the charge in the decentralized future of technology.
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