Uplink has become the first DePIN project launched on the Avalanche blockchain

2024-12-12 21:15:39
Collection

ChainCatcher news, according to The Block, the decentralized internet connectivity platform Uplink has officially launched on the Avalanche blockchain, becoming the first decentralized physical infrastructure network (DePIN) project on this Layer 1 network. Uplink aims to promote the decentralization of internet connectivity by incentivizing users to share existing networks and deploy new infrastructure, especially in areas with insufficient network services.

Uplink plans to launch the Uplink app in 2025 to verify router locations and support users in sharing real internet connections, while also releasing innovative features and launching a Layer 1 testnet on Avalanche to provide data consumption and transaction support for the ecosystem. In addition, Uplink also plans to launch a platform token to facilitate global data usage and transactions.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators