Latest Network3 News
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a month ago
Bybit to List Network3 (N3) with Exciting Events
Bybit has announced the upcoming listing of Network3 (N3) on its Spot trading platform, with a timeline set for deposits, trading, and withdrawals. N3 deposits will open on January 21, 2025, at 10 AM UTC, followed by the listing on January 22, 2025, at 8 AM UTC. Withdrawals will commence on January 23, 2025, at 10 AM UTC. Users will be able to trade N3 via Spot Grid Bots, and deposits and withdrawals will be facilitated through the Solana network, enhancing the trading experience for users.
To celebrate the listing, Bybit is hosting two special events aimed at rewarding users. The first event, titled "Token Splash - New User Exclusive," runs from January 21 to February 5, 2025. New users who register and complete identity verification can earn from a prize pool of 2,800,000 N3 by depositing at least 2,000 N3 or trading 100 USDT worth of N3. The first 4,666 new users to meet these criteria will each receive 600 N3. The second event, also called "Token Splash," invites users to trade at least 200 USDT worth of N3 during the same period to share in a 1,200,000 N3 prize pool, with rewards capped at 16,000 N3 per user.
Network3 is a pioneering technology focused on creating a decentralized edge AI infrastructure. It utilizes advanced technologies such as AI model optimization, federated learning, and edge computing to support global AI developers in enhancing their model inference and training processes. With over 570,000 active nodes across 188 countries and a download volume exceeding 50 million, Network3 is positioned as a leader in building a fair and efficient AI ecosystem. The upcoming listing on Bybit marks a significant milestone for both the platform and the N3 project, promising exciting opportunities for traders and investors alike.
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a month ago
Network3 Launches Decentralized Edge AI Infrastructure with $N3 Token
Network3 is revolutionizing the decentralized Edge AI landscape by providing a robust infrastructure that empowers AI developers worldwide. This innovative platform leverages advanced technologies such as AI model optimization, federated learning, edge computing, and confidential computing to facilitate rapid and efficient model inference, training, and validation at scale. By moving beyond the constraints of centralized AI systems, Network3 is committed to creating a more equitable, efficient, and democratic AI ecosystem that benefits all stakeholders involved.
Built on the IoTeX blockchain, Network3 utilizes IoTeX's DePIN modular infrastructure, which includes ioID and data verification modules, to ensure secure and transparent decentralized applications. This integration not only enhances the reliability of data exchange but also supports the growth of the DePIN ecosystem. Additionally, the introduction of the N3 Edge V1 mining machine allows participants to engage in $IOTX dual-mining, thereby expanding the network's global node user base. This collaboration with IoTeX provides a scalable and secure Edge AI solution, enabling developers to innovate confidently while maintaining data integrity.
The highly anticipated $N3 token will be launched on January 22 at 8:00 AM (UTC) during its Token Generation Event (TGE). The smart contract for the $N3 token will be deployed on Ethereum, with simultaneous launches on IoTeX and Solana chains to enhance accessibility and scalability. This multi-chain strategy promotes interoperability, allowing users from different ecosystems to connect and contribute to Network3's growth. To celebrate this launch, Network3 is also conducting a community airdrop of 50 million $N3 tokens, aimed at rewarding early supporters and encouraging active participation within the ecosystem.
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a month ago
Decentralized Edge AI Platform Network3 to Launch $N3 Token Trading
Decentralized Edge AI Platform Network3 to Launch $N3 Token Trading on Bybit, Gate.io, and BingX
According to official sources, the decentralized Edge AI infrastructure platform Network3 will simultaneously launch spot trading of the token $N3 on Bybit, Gate.io, and BingX exchanges on January 22, 2025, at 8:00 (UTC). This milestone event signifies a crucial step for Network3 in realizing the value of user Edge Data and computing power, injecting strong momentum into the ecosystem's development and expansion.
Network3 is currently conducting a Pre-TGE airdrop activity, rewarding the community with 50 million tokens. Users simply need to log in to the official Network3 website and complete specified tasks to receive a free airdrop quota worth 40,000 points, which can be exchanged for $N3 after TGE. Additionally, the activity offers NFT acceleration cards to help users enhance node mining efficiency.
In July 23, 2024, Network3 successfully completed a $5.5 million pre-seed & seed round of financing, with investors including Borderless, EV3 Labs, loTeX, SNZ, Bing Ventures, Waterdrip Capital, Web3Port Foundation, and other well-known venture capital institutions.
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a month ago
Network3 AI to Launch N3 on IoTeX Platform
On January 22, 2025, Network3 AI is set to launch its new product, N3, on the IoTeX platform. This innovative offering combines decentralized AI access with advanced technology, marking a significant step in the integration of decentralized physical infrastructure networks (DePIN) and artificial intelligence (AI). The launch is expected to attract tech enthusiasts to the IOTX ecosystem, potentially driving up adoption rates and influencing the token's price positively if the community responds favorably.
The introduction of N3 is not just a technological advancement; it represents a shift towards democratizing access to AI. By leveraging edge-computing and GPU capabilities, Network3 AI aims to provide users with enhanced tools that can empower them in various applications. As with any new technology, the anticipation surrounding N3 is likely to generate speculation and excitement within the market, which could lead to increased investment in IOTX as stakeholders look to capitalize on the potential growth.
As the countdown to the launch continues, the community is encouraged to mark their calendars for this pivotal event. The collaboration between Network3 AI and IoTeX signifies a promising future for decentralized technologies and their applications in AI. With the launch just around the corner, all eyes will be on how N3 performs and its impact on the broader blockchain ecosystem.
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2 months ago
Network3 Achieves New Milestone with Record Payback Period and Secures $5.5 Million in Funding
Network3, a pioneering technology platform, has made significant strides in the realm of AI Layer2 solutions, enabling developers globally to efficiently infer, train, and validate models. Recent analysis by Depinscan, an extensive DePIN intelligence platform powered by IoTex, has revealed that Network3 miners have achieved a remarkable milestone with a payback period of just 71 days. This achievement positions Network3 at the forefront of the industry in terms of both payback period and daily revenue, underscoring its investment potential. A shorter payback period is crucial for investors as it indicates a quicker return on investment, making Network3 an attractive option for those looking to capitalize on emerging technologies.
The success of Network3 can be attributed to its robust infrastructural network, which boasts over 555,000 nodes and has delivered 2 Petabytes of network service across more than 185 countries. This extensive reach has resulted in 97,000 active sessions daily and monthly revenues exceeding $100,000. By supporting the evolution of AI, Network3 empowers developers with tools for model optimization, federated learning, edge computing, and confidential computing. This dual focus on enhancing decentralized node efficiency while providing essential services for AI development positions Network3 as a leader in both technology and market viability.
In addition to its technological advancements, Network3 has successfully secured $5.5 million in seed funding from prominent investors, including Borderless, EV3 Labs, and the IoTeX Eco Fund. With a growing community of over 252,000 followers on X, the platform is set to gain even more traction. As it continues to demonstrate its value in making AI more beneficial and efficient, Network3 is poised for rapid growth and increased investor interest in the future.
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3 months ago
Network3: Revolutionizing Edge AI Infrastructure
Network3: Revolutionizing Edge AI Infrastructure
On November 26, CZ(Binance founder) tweeted, 'I am not against memes, but meme coins are getting 'a little' weird now. Let's build real applications using blockchain.' The market's obsession with meme coins has overshadowed utility-driven blockchain projects like Network3, a decentralized Edge AI infrastructure project poised for significant growth.
Network3 integrates blockchain tokenomics, decentralized physical infrastructure networks (DePIN), federated learning, and Edge AI to challenge big tech's AI monopoly. With over 543,010 nodes across 185 countries, Network3's decentralized federated learning framework ensures privacy and data security while incentivizing node participation. The project's rapid growth, surpassing Helium in node count, signifies its potential to democratize computing power and data.
Market Potential and Tokenomics
The DePIN and Edge AI combination presents a trillion-dollar opportunity. DePIN incentivizes users to contribute physical resources, projecting a market size of $3.5 trillion by 2028. Currently undervalued at $1.33 billion, the DePIN sector is poised for exponential growth. Edge AI, with a projected market size of $269.82 billion by 2032, excels in data privacy and efficiency, attracting tech giants like NVIDIA and Google. Network3's tokenomics model, with a total token supply of 1 billion, ensures sustainable mining rewards through staking and mining.
Investing in Network3
Investing in Network3 offers a gateway to the future of AI infrastructure, combining DePIN's physical world integration and Edge AI's decentralized computing power. With a clear economic model and exponential market potential, Network3 stands out as a pioneer in revolutionizing the AI sector.
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3 months ago
Network3: Pioneering Decentralized Edge AI Infrastructure
On November 26, Binance founder Zhao Changpeng expressed his views on meme coins, stating that while he does not oppose them, the focus on such coins has overshadowed promising blockchain projects. This sentiment highlights the potential of projects like Network3, a decentralized edge AI infrastructure that aims to disrupt the AI landscape dominated by large tech firms. By integrating blockchain technology with decentralized physical infrastructure networks (DePIN) and federated learning, Network3 provides a collaborative framework for AI developers while ensuring data privacy and security. The project has seen remarkable growth, with over 100,000 new nodes added recently, bringing its total to over 507,261 across 188 countries, positioning it as a significant player in the DePIN sector.
The market outlook for Network3 is promising, particularly as the DePIN and Edge AI sectors are poised for substantial growth. According to reports, the DePIN market could reach approximately $2.2 trillion by 2024 and $3.5 trillion by 2028, while the Edge AI market is expected to grow from $27.01 billion in 2024 to $269.82 billion by 2032. Despite the current market capitalization of the DePIN sector being only $1.33 billion, the potential for rapid growth is evident as more developers and enterprises engage with this technology. Network3's unique combination of DePIN and Edge AI not only enhances data privacy and efficiency but also opens new avenues for investment and application.
In terms of token economics, Network3 has a clear model with a total supply of 1 billion tokens, 75% of which is allocated to community incentives through mining and AI model training. The project has successfully secured $5.5 million in funding from notable investors, which will support its technological advancements and global expansion. As the Token Generation Event (TGE) and airdrop approach, Network3 is set to enter a new growth phase, making it an attractive opportunity for long-term investors. With its innovative approach and strong market positioning, Network3 is well-positioned to become a key player in the decentralized AI and DePIN landscape.
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3 months ago
Decentralized EdgeAI: Democratizing Access to Artificial Intelligence
The landscape of artificial intelligence (AI) is undergoing a significant transformation with the emergence of Decentralized EdgeAI, which aims to democratize access to AI technologies. Currently, a handful of major tech companies, including OpenAI, IBM, Amazon, and Google, dominate the AI infrastructure layer, creating barriers for smaller entities and limiting access for millions of users and enterprises worldwide. This centralized control not only raises costs but also restricts innovation. Decentralized EdgeAI, exemplified by initiatives like Network3, seeks to address these challenges by integrating Decentralized Physical Infrastructure (DePIN) and EdgeAI, allowing AI systems to run on various devices while ensuring privacy and community involvement.
One of the critical advantages of EdgeAI is its ability to reduce reliance on large data centers owned by tech giants. Traditional AI models, particularly large language models (LLMs) such as GPT-3, require substantial resources for training, often costing between $500,000 to $4.6 million. This financial barrier further entrenches the monopoly of Big Tech. In contrast, EdgeAI enables developers to train and deploy models on smaller devices, from smartphones to IoT appliances, broadening accessibility and fostering innovation. However, for EdgeAI to reach its full potential, devices must be able to communicate and share resources effectively, overcoming limitations in computation and storage.
Network3's innovative Decentralized Federated Learning framework represents a significant leap forward in collaborative AI training. By allowing multiple devices or 'nodes' to pool their resources, this framework enhances the efficiency and growth of AI systems. The integration of strong encryption methods, such as Anonymous Certificateless Signcryption (CLSC), ensures secure data sharing while maintaining privacy. Furthermore, the use of Reed-Solomon coding optimizes data accuracy. As a result, Edge devices within the Network3 ecosystem can perform local analyses, leading to low latency and real-time responses. This decentralized approach not only mitigates the centralized monopoly but also opens up new revenue streams for developers and users, ultimately making AI more accessible and beneficial for all.
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4 months ago
IoTeX Ecosystem Thrives with DePIN Growth and Upcoming Initiatives
The IoTeX ecosystem is experiencing unprecedented growth, particularly in the DePIN (Decentralized Physical Infrastructure Network) sector. With the launch of IoTeX 2.0, the platform has introduced a sophisticated tech stack that has attracted 218 projects, including 51 dedicated to DePIN. This surge in activity is underscored by the impressive DePINscan, which now tracks over 280 projects and 18 million devices. The upcoming Get GOATed Season 2 campaign promises to further energize the ecosystem with 100 million $IOTX incentives, marking a pivotal moment for IoTeX and its vision to become the leading DePIN ecosystem in the crypto space.
IoTeX is now recognized as the third-largest DePIN ecosystem, trailing only Ethereum and Solana. The platform's commitment to supporting its projects through initiatives like the DePIN Surf Accelerator and the IoTeX Ecosystem Fund has fostered significant advancements in the sector. Notable projects such as Network3, Nubila, and Wayru are making headlines with their innovative approaches and successful fundraising efforts. For instance, Network3 has raised $5.5 million and is set to launch its $N3 token soon, while Nubila has secured $2.5 million to enhance its environmental data collection capabilities.
Looking ahead, IoTeX is not only focused on nurturing its internal projects but is also expanding its influence across other Layer 1 networks. Recent integrations with platforms like Solana and Polygon are designed to enhance cross-chain liquidity and broaden the reach of DePIN capabilities. As the ecosystem gears up for major product launches, including ioID and W3bstream, the excitement surrounding IoTeX continues to build. With a robust roadmap ahead, IoTeX is poised to solidify its position as a key player in the DePIN landscape, driving innovation and collaboration across the crypto universe.
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5 months ago
Network3 Announces New Local Large Language Model (LLM) Feature
Network3, an AI Layer2 platform for global artificial intelligence developers, recently unveiled its latest innovation at the R3al World Summit in Singapore. The new Local Large Language Model (LLM) feature is designed to enhance the efficiency and performance of Edge AI technology. Edge AI involves deploying AI models directly on local devices like smartphones, bringing data processing closer to the source to improve application performance and reduce latency. The global Edge AI market is projected to exceed $269 billion in the next eight years, highlighting the growing significance of this technology.
Transforming Smart Devices into AI Training Assets
With a focus on making Web3 & AI technologies accessible, Network3 integrates DePIN with AI to enable IoT devices to train small AI models. By leveraging idle resources on smart devices, individuals can participate in AI training and earn rewards. The introduction of the local LLM feature aims to optimize smart devices' processing capabilities during idle times, reducing reliance on cloud computing, cutting down bandwidth usage, and enhancing data security and privacy. Network3, with over 320,000 active nodes globally, recently launched the N3 Edge V1 mining device, offering dual mining capabilities for IoTeX and Network3 tokens.
Offering AI Chat Services on Mobile Devices
Network3's latest update allows users to access AI chat services on their mobile devices without the need for expensive cloud infrastructure. A test version of the update will be available for download on the official website soon, providing users with the opportunity to interact with the model, earn tokens, and personalize their AI experience.
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