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Taking place on September 16th at Hopscotch Bar Singapore, as part of TOKEN2049, this event is set to be a major highlight in the crypto community. The DePIN Alliance event, powered by U2U Network and JDI Ventures, promises a dynamic experience, featuring key figures from the blockchain industry. Attendees will hear from over 10 leading venture capital firms, managing portfolios of more than $1 billion. Notable names like JDI Ventures, Chain Capital, V3V Ventures, and Foresight Ventures will be speaking. These VCs are crucial players in the DePIN ecosystem, offering valuable insights into the future of blockchain technology and investments. Bringing DePIN, AI & IP to Singapore! This September in Singapore, get ready to dive into the future of blockchain at our exclusive side event during @token2049, the world’s biggest crypto gathering 🔥. Let’s see how we turn up the heat, more information will be revealed soon! pic.twitter.com/9Ima9M9ozc. The event will also spotlight more than 30 global founders and innovators, including companies like Owlto Finance and Orochi Network. These innovators are at the forefront of blockchain advancements and will share their visions for the future of digital assets. As a media partner for the event, Altcoin Buzz is excited to see how the DePIN Alliance will shape the future of blockchain technology. The focus on merging DePIN, AI, and IP into real-world assets (RWAs) is particularly intriguing. It’s a unique opportunity to see how these different fields intersect and drive innovation.

IoTeX has introduced a novel approach in decentralized physical infrastructure networks (DePins) called the Modular DePin Infrastructure, which aims to redefine the creation and functionality of Web3 technologies. This innovation is more efficient and cost-effective compared to traditional infrastructures. The Modular DePin Infrastructure addresses the challenges faced by DePin startups, such as limited funding and technical difficulties, by offering a flexible and community-driven framework. The infrastructure's modular design allows for the assembly of customized applications through various modules, such as hardware abstraction, connectivity, sequencer, data availability, long-term storage, off-chain computing, blockchain, identity, and governance. Developers can select and combine these modules based on their project's specific needs, providing unparalleled adaptability. The modular system's flexibility supports the development of a wide range of DePin applications, including sensor networks, connectivity networks, and computing networks. Significant DePin projects like DIMO, Hivemapper (HONEY), WeatherXM, Helium, Nodle (NODL), Wicrypt (WNT), Render Network (RNDR), and Akash Network (AKT) exemplify the successful application of this modular infrastructure. The connectivity module explores wireless communication techniques to enhance connections within Web3 networks, incorporating technologies like Bluetooth, LoRaWAN, WiFi, and 5G. The sequencer and data availability modules have been adapted from existing solutions to better suit DePin applications, while long-term storage solutions like Filecoin (FIL) and Arweave (AR) meet these applications' storage needs. Blockchain platforms such as Ethereum (ETH), IoTeX, and Solana (SOL) provide essential infrastructure for development.

The DePIN Alliance Yacht Party, organized by U2U Network, Chain Capital, and JDI Ventures, was a landmark event in the blockchain community, marking Asia's first and largest DePIN gathering on a yacht during GM Vietnam – Vietnam Blockchain Week. The event attracted over 200 top-tier venture capitalists, industry leaders, and influential figures, generating over 1 million impressions across social media and event channels. With an aim to foster growth within the Decentralized Physical Infrastructure Network (DePIN), the event featured an inspiring opening speech by Mr. Luu Tran, Co-Founder & CEO of U2U Network, who emphasized the revolutionary impact of DePIN technology. Chain Capital's Founder, Mr. Simon Li, discussed their commitment to driving DePIN projects in Vietnam to reach the global market, while Ms. Ruki from JDI Ventures highlighted their mission to push the boundaries of Web3 technology. The event also included a panel discussion on DePIN's unique business model, data privacy measures, and challenges for wider adoption, providing valuable insights into its future evolution and expansion.