Latest DePIN News

Hivemapper Launches HONEY-JitoSOL Liquidity Incentive Program with Strategic Partners cover
4 months ago

Hivemapper Launches HONEY-JitoSOL Liquidity Incentive Program with Strategic Partners

The Hivemapper Foundation has recently formed a strategic partnership with Kamino and Jito Labs to launch the HONEY-JitoSOL liquidity treasury incentive plan. This initiative comes at a time when many investors in the cryptocurrency market are still engaged in zero-sum games, while decentralized physical infrastructure networks (DePIN) are paving new avenues for value creation. The rapid advancement of Web3 technology is facilitating a deep integration of DePIN and decentralized finance (DeFi), which is reshaping the blockchain industry's landscape. This integration promises to enhance the liquidity of physical assets and foster substantial innovation across the blockchain ecosystem. Hivemapper, a decentralized mapping network operating on the Solana blockchain, has made significant strides since its inception in November 2022, mapping 29% of the world’s roads within two years. Utilizing innovative “Bee” dashcam devices and AI technology, Hivemapper captures over 28 million kilometers of street-level imagery monthly, outpacing Google Street View by five times. The project has garnered investments from notable institutions, including A16Z and Binance, and has established partnerships with global mapping giants. The HONEY token incentivizes user participation in data collection, addressing challenges in developing high-precision maps through a unique AI+DePIN model. The newly launched liquidity solution on the Orca trading platform offers up to $17,000 in rewards for HONEY token liquidity providers. It features automated transaction fee income, smart rebalancing, and professional analysis tools to help users navigate risks. The market response has been overwhelmingly positive, with the HONEY-JITOSOL liquidity pool achieving a Boosted APY of 36.02% and a total value locked (TVL) exceeding $500,000 shortly after launch. This innovative cooperation not only highlights the potential of integrating DePIN with DeFi but also sets a precedent for future developments in the blockchain space, demonstrating how decentralized finance can empower the real economy and create new opportunities for users.
Google Launches Imagen 3: A New Era in AI Image Generation cover
4 months ago

Google Launches Imagen 3: A New Era in AI Image Generation

Google has officially launched Imagen 3, its latest text-to-image AI model, five months after its initial announcement at Google I/O 2024. This new iteration promises to deliver enhanced image quality with improved detail, better lighting, and fewer visual artifacts compared to its predecessors. Imagen 3 is designed to interpret natural language prompts more accurately, allowing users to generate specific images without the need for complex prompt engineering. It can produce a variety of styles, from hyper-realistic photographs to whimsical illustrations, and even render text within images clearly, paving the way for innovative applications such as custom greeting cards and promotional materials. Safety and responsible use are at the forefront of Imagen 3's development. Google DeepMind has implemented rigorous data filtering and labeling techniques to minimize the risk of generating harmful or inappropriate content. This commitment to ethical standards is crucial as generative AI technology becomes increasingly integrated into various industries. Users interested in trying Imagen 3 can do so through Google’s Gemini Chatbot by entering natural language prompts, allowing the model to create detailed images based on their descriptions. Despite its advancements, Imagen 3 does have limitations that may affect its usability for some professionals. Currently, it only supports a square aspect ratio, which could restrict projects requiring landscape or portrait formats. Additionally, it lacks editing features such as inpainting or outpainting, and users cannot apply artistic filters or styles to their images. When compared to competitors like Midjourney, DALL-E 3, and Flux, Imagen 3 excels in image quality and natural language processing but falls short in user control and customization options. Overall, while Imagen 3 is a powerful tool for generating high-quality images, its limitations may deter users seeking more flexibility in their creative processes.
Render Network Revolutionizes Digital Content Creation with 'Unification' cover
4 months ago

Render Network Revolutionizes Digital Content Creation with 'Unification'

In a recent discussion hosted by Render Foundation Spaces on X, Jules Urbach, CEO of OTOY and founder of Render Network, provided insights into the groundbreaking achievements facilitated by their collaborative technology during the production of "765874 Unification," a short film celebrating the 30th anniversary of Star Trek. Urbach emphasized how Render Network is revolutionizing digital content creation, enabling creators to explore new frontiers in film, art, and storytelling. The film's production showcased the potential of Render Network to democratize high-quality content creation, allowing for impressive visual effects without the need for exorbitant budgets. One of the highlights of the conversation was the innovative use of machine learning (ML) to enhance traditional filmmaking processes. Urbach noted that while OTOY has a long history of utilizing digital doubles and face replacement, advancements in technology allowed them to significantly reduce labor hours. The integration of AI streamlined the modeling of actors' faces, eliminating the need for cumbersome facial markers. This not only expedited the production process but also empowered artists to focus more on storytelling rather than technical challenges, showcasing how AI and GPU rendering can transform the creative landscape. Looking ahead, Render Network is set to release new tools and integrations, particularly as Black Friday approaches. Plans include integrating AI tools into 3D creation workflows and expanding support for holographic rendering. Urbach's vision remains clear: to provide creators with the resources they need to tell compelling stories. The success of "Unification" serves as a testament to the innovative spirit of Render Network, paving the way for future creators to push the boundaries of what is possible in digital content creation.
Trump's Crypto Policy Signals Shift; Emerging Tokens Gain Traction cover
4 months ago

Trump's Crypto Policy Signals Shift; Emerging Tokens Gain Traction

Donald Trump’s team is reportedly exploring a cryptocurrency policy role, indicating a potential shift towards a more crypto-friendly environment in Washington. Trump's advocacy for a national Bitcoin stockpile and his criticism of SEC crackdowns have energized investors, sparking interest in low-cap cryptocurrencies such as Arweave (AR), Immutable (IMX), and Rollblock (RBLK). These emerging tokens are gaining traction as investors seek substantial returns in an evolving crypto landscape, moving beyond traditional investment options. Arweave (AR) has shown remarkable resilience, rebounding from a low of $3.70 in October 2023 to $40 in August 2024, following its acquisition of the Odysee social media platform. Despite fluctuations, Arweave has experienced a 22% increase in the past week and a staggering 186% rise over the year, positioning it as a strong contender in the market. Analysts predict that by 2025, Arweave's price could average $45, with potential highs of $70 under favorable conditions. However, cautious investors note that weaker performance could limit its price to around $20. Immutable has partnered with Altura, committing $5 million to enhance web3 gaming infrastructure, integrating its Passport and Checkout tools into Altura's projects. Currently trading at $1.81, Immutable has seen a 35% increase since mid-November, with projections suggesting it could reach $5 by Q1 2025. Meanwhile, Rollblock, a regulated blockchain-powered GambleFi platform, has raised $5.9 million to address transparency issues in the gambling industry. With a growing user base and a unique revenue-sharing system, Rollblock is poised for significant growth, making its $RBLK token an attractive investment option as it continues to innovate in the gambling space.
Helium (HNT) Poised for Potential 25% Surge Amid Growing Investor Interest cover
4 months ago

Helium (HNT) Poised for Potential 25% Surge Amid Growing Investor Interest

Helium (HNT) is showing signs of potential growth, with analysts predicting a possible surge of 25% to reach the $8.15 mark if it can close a daily candle above the $6.50 level. Since November 20, there has been a notable accumulation of HNT by whales and investors, indicating a growing confidence in the token's performance. Despite the overall market experiencing volatility, HNT has remained relatively stable, positioning itself for a potential upside rally as traders and investors take a keen interest in its price movements. Recent data from Coinglass highlights a significant increase in HNT's Open Interest, which surged by 8.5% in the last 24 hours and 4.7% in the past four hours. This uptick suggests that traders are expanding their positions, reflecting a shift in sentiment towards HNT. Additionally, the Spot Inflow/Outflow data indicates that whales have been consistently accumulating HNT tokens, contributing to a negative net flow. These metrics, combined with a bullish price action pattern on HNT's chart, suggest that the asset is poised for a breakout. Technical analysis from AMBCrypto indicates that HNT is on the verge of breaking out of a falling channel, currently consolidating near the upper boundary of this pattern. With the altcoin trading above the 200 Exponential Moving Average (EMA) and a Relative Strength Index (RSI) of 52, the market sentiment appears bullish. As HNT trades around $6.25, a minor price increase of over 1.25% in the last 24 hours, coupled with a 10% rise in trading volume, suggests heightened trader participation and optimism for an imminent upside rally.
Hivello Partners with XYO to Enhance Passive Income Opportunities cover
4 months ago

Hivello Partners with XYO to Enhance Passive Income Opportunities

Blockmate Ventures Inc. has announced a strategic partnership between its investee Hivello Holdings Ltd and XYO, a leader in Decentralized Physical Infrastructure Networks (DePIN). This collaboration aims to enhance the reach of the Hivello app while providing additional passive income opportunities for users within the XYO network. XYO operates a vast network of 8 million nodes across over 150 countries, allowing users to earn passive income through their COIN app. Hivello, which recently launched its desktop app, enables users to monetize their unused computing power, thereby creating a synergistic relationship that benefits both platforms. The partnership between Hivello and XYO is designed to empower users, particularly in emerging markets, by simplifying the process of earning income through decentralized networks. By integrating Hivello's user-friendly desktop interface with XYO's mobile ecosystem, users can easily turn idle resources into income, whether by contributing geographical data or utilizing computing power. This initiative not only aims to increase user engagement but also to provide a seamless experience for those looking to participate in the decentralized economy without facing technical barriers. Justin Rosenberg, CEO of Blockmate Ventures, expressed enthusiasm about the partnership, highlighting the potential for Hivello to expand its user base and enhance its offerings. Both companies share a vision of creating economic opportunities for individuals in developing regions, thus contributing to a more inclusive digital economy. As they work together, Hivello and XYO are set to unlock new earning potentials for users globally, reinforcing their commitment to decentralization and the transformative power of blockchain technology.
The AI Lab Partners with Theta EdgeCloud to Enhance AI Education cover
4 months ago

The AI Lab Partners with Theta EdgeCloud to Enhance AI Education

The AI Lab, a leading e-learning provider in South Korea, has recently entered into a multi-year agreement with Theta EdgeCloud, marking a significant step in enhancing its educational offerings in Artificial Intelligence (AI) and Data Analysis (DA). This partnership allows The AI Lab to leverage Theta EdgeCloud's distributed GPU resources, which will facilitate advanced AI education, model training, and generative AI applications. With a strong focus on hands-on experiences and interactive content, The AI Lab aims to deliver high-quality education through its innovative platform, CodingX, recognized for its effectiveness in teaching AI and coding skills globally. The collaboration with Theta EdgeCloud is expected to bring several advantages to The AI Lab. By utilizing on-demand GPU resources, the institution can enhance curriculum flexibility, allowing for seamless integration of AI into its educational programs. Additionally, the partnership is set to lower operational costs through Theta's distributed infrastructure, enabling cost-effective scaling of their services. Most importantly, the integration of AI-driven learning methodologies will facilitate personalized learning experiences, tailored to meet the unique needs of each student, thereby improving overall performance. Theta EdgeCloud has been rapidly expanding its customer base, recently partnering with prestigious institutions such as Seoul National University and Peking University. This growth underscores the increasing demand for scalable and cost-effective technology solutions in the education sector. John Choi, CEO of The AI Lab, expressed confidence in the partnership, highlighting Theta's strong reputation among South Korean universities and its potential to significantly expand The AI Lab's operations in the coming years. This collaboration is poised to meet the rising demand for technology skills in an AI-driven future, positioning The AI Lab as a key player in the evolving educational landscape.
Arkreen Launches Content Competition for Solar Power Users cover
4 months ago

Arkreen Launches Content Competition for Solar Power Users

Arkreen, a leader in solar power technology, is launching an exciting content competition aimed at enhancing its marketing efforts and promoting a greener future. The initiative invites all existing CSP (Community Solar Power) owners to submit raw, unedited video footage that highlights the best aspects of their solar installations. Participants can showcase their contributions through three distinct categories: Roof Solar Shot, Arkreen Tech Shot, and Complementary Theme Shot. Each video must be a minimum of 20 seconds and adhere to quality standards, including a resolution of at least 1080p and a frame rate between 25-60 fps. This competition not only encourages community engagement but also offers participants the chance to win substantial rewards, including $AKRE tokens and special Discord ranks. To ensure fair participation, Arkreen has set clear eligibility criteria, allowing all current CSP owners to join, including those in the onboarding process. Each participant can submit one video per category, with the potential for additional clips that will not be compensated but can enhance their visibility in Arkreen's marketing materials. The bounty for each qualifying video is set at 2000 $AKRE, totaling 6000 $AKRE for all three categories. Furthermore, participants who submit videos in all categories will receive a bonus of 2000 $AKRE and a special Discord rank, fostering a sense of community and collaboration. The competition will culminate in a voting process where the Arkreen team and the community will determine the winners based on marketability and visual appeal. Prizes include 30,000 $AKRE for first place, along with recognition as an “Innovator,” while second and third places will receive 15,000 and 6,000 $AKRE respectively, along with their own unique ranks. Arkreen encourages all participants to join their Discord channel for support and to engage with the community. This initiative not only aims to enhance Arkreen’s marketing but also to celebrate the contributions of its dedicated solar power users, driving the future of sustainable energy together.
Akash Network (AKT) Price Analysis: Bullish Trends and Potential Breakouts cover
4 months ago

Akash Network (AKT) Price Analysis: Bullish Trends and Potential Breakouts

In recent market activity, the Akash Network (AKT) has demonstrated a resilient bullish trend despite a broader market liquidation of $500 million within the last 24 hours. Over this period, the price of AKT has increased by 3.34%, indicating a strong upward momentum. The current price action suggests a potential breakout rally that could propel the token to new all-time highs. The daily chart reveals a falling wedge breakout, which has gained traction, and the formation of a bullish flag pattern indicates further upside potential for the Akash Network token. The recovery of the AKT price has been remarkable, surging 86.85% from a low of $2.11 to its current price of $3.95. This upward movement has successfully surpassed the 50% Fibonacci level at $3.52 and is now challenging the 61.80% Fibonacci level at approximately $3.9851, coinciding with a significant resistance zone near the psychological mark of $4.00. For the ongoing bullish rally to persist, it is crucial for the AKT price to break through this resistance zone. Technical indicators such as the EMA suggest a potential golden crossover, while the MACD indicates a possible bearish crossover, highlighting the need for cautious optimism. Looking ahead, the AKT price is forming a bullish engulfing candle, suggesting a continuation of the uptrend with a flag breakout. Key resistance levels to monitor include $4.00, $4.74, and $5.93, with a target of $7.87 that could signify a new all-time high for the Akash Network. However, should the price fail to maintain its bullish trajectory, a breakdown below the $3.5239 Fibonacci level could negate the current bullish momentum. Investors are keenly watching these developments as the AKT price approaches significant milestones.
Fine-Tuning Llama 3.2 11B with Q-LoRA for Extractive Question Answering cover
4 months ago

Fine-Tuning Llama 3.2 11B with Q-LoRA for Extractive Question Answering

Large Language Models (LLMs) have become essential tools in natural language processing, capable of handling a variety of tasks. However, due to their broad training, they may not excel in specific applications without further adaptation. Fine-tuning techniques, such as Q-LoRA, allow researchers to tailor pre-trained models like Llama 3.2 11B for particular tasks, such as extractive question answering. This article outlines the process of fine-tuning Llama 3.2 11B using Q-LoRA on the SQuAD v2 dataset, showcasing the performance enhancements achieved through this method. LoRA, or Low-Rank Adaptation, is a technique that introduces new weights to an existing model without altering the original parameters. By adding adapter weights that adjust the outputs of certain layers, LoRA enables models to retain their pre-trained knowledge while acquiring new capabilities tailored to specific tasks. In this experiment, the focus is on fine-tuning Llama 3.2 11B for extractive question answering, aiming to extract precise text segments that answer user queries directly, rather than summarizing or rephrasing the content. The experiment was conducted on a Google Colab platform utilizing an A100 GPU, with the Hugging Face Transformers library facilitating the implementation. The results of the fine-tuning process were promising, demonstrating a significant boost in the model's performance on the validation set. The BERT score improved from 0.6469 to 0.7505, while the exact match score rose from 0.116 to 0.418. These enhancements indicate that the Q-LoRA technique effectively adapts the Llama 3.2 11B model for extractive question answering tasks. This article serves as a guide for researchers looking to apply similar methods to other models and tasks, highlighting the potential of fine-tuning in the realm of natural language processing.
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