ChainCatcher news, according to Blockworks, the DePIN project DAWN has completed a $2.5 million financing round, with participation from VanEck Ventures and VanEck's Digital Assets Alpha Fund.Andrena CEO Neil Chatterjee stated that with the rollout of 5G and Starlink, society will shift from wired internet access to fully wireless access, and DAWN is designed to leverage "the transformation of our lives."

ChainCatcher news, the DePIN project Soarchain announced the completion of a $4.5 million financing round, with participation from Taisu Ventures, BlockBuilders, Hyperithm, Plug and Play, Alpha Ventures, and others.It is reported that Soarchain is built on the Cosmos SDK and is a sovereign application chain that provides token incentive data and connectivity infrastructure for vehicles. The platform enables vehicles to contribute to the vehicle network anonymously and privately, while maximizing their advantages by leveraging applications running on the network—while also earning rewards. Developers and data consumers use car owner-generated automotive data to create applications and services on a reliable, open platform, thereby reducing the cost of providing better goods and services to users.

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 message, according to the data from the DePINscan official website, Roam ranks first in the global number of DePIN nodes, becoming the largest application in this field. The upcoming Roam Growth product is a key module in the Roam ecosystem, aimed at creating sustainable income for network participants and promoting innovation and ecological construction of decentralized network applications.Through automated services and seamless connections, Roam helps users transform routers into economic tools, achieving functions such as CDN services and WiFi multi-mining to gain additional revenue. The first phase of Roam Growth - the Roam Loan Program, supports users in purchasing routers with low thresholds through loans from Huma Finance. Users can choose to pay with stablecoins or SOL deposits, and the loans are repaid with airdrop rewards and mining rewards.The launch of Roam Growth will accelerate the construction of telecom data networks, laying the foundation for the Physical Layer 1 of the DePIN ecosystem. Roam has over 4 million OpenRoaming™ WiFi hotspots in more than 190 countries worldwide, supports 920,000 self-built nodes, and has registered users reaching 1.63 million, with data continuously growing.

ChainCatcher message, according to SoSoValue data, the encrypted market sector has risen broadly, with the AI concept leading the way. The AI sector and its sub-sector AI Agent have increased by 15.43% and 19.34%, respectively. Notably, within the AI Agents sector, Numogram (GNON) has risen by 51.73%, Fartcoin (FARTCOIN) by 46.49%, ai16z (AI16Z) by 39.38%, zerebro (ZEREBRO) by 37.04%, and Eliza (ELIZA) by 32.59%.Within the AI sector, Worldcoin (WLD) has risen by 24.78%, Render (RNDR) by 23.77%, and Virtuals Protocol (VIRTUAL) by 23.75%.Other sectors with significant increases include: the DePIN sector, which rose by 7.74%, with Livepeer (LPT) increasing by 26.8%, Ankr Network (ANKR) by 16.42%, and Grass (GRASS) by 13%. The Layer 2 sector rose by 4.72%, the DeFi sector by 4.33%, the Meme sector by 4.28%, the GameFi sector by 4.20%, and the Layer 1 sector by 3.43%.

ChainCatcher news, the DePIN project Spacecoin announced on X that the first satellite CTC-0 will be launched on December 21, 2024.According to RootData, Spacecoin is a decentralized physical infrastructure network (DePIN) powered by a blockchain-supported LEO nanosatellite constellation, aimed at becoming a standard open protocol for trustless internet connectivity on a global scale. Spacecoin plans to utilize blockchain technology to securely manage data transmission, with users paying network fees in cryptocurrency.

ChainCatcher news, recently, the Edge v1 miner launched by the decentralized edge artificial intelligence infrastructure platform Network3 has achieved remarkable results. According to the latest data from Depinscan, the daily earnings of the Network3 miner have reached a new high, shortening the payback period to 71 days. This has secured its top position in both the payback period ranking and daily earnings ranking, showcasing its strong ecological potential and user value. Meanwhile, reliable sources have revealed that Network3 will launch a large TGE airdrop event, and the final round of Pre-TGE financing is about to be completed.The Network3 miner provides a stable source of income for global users by supporting AI data processing and computing tasks. With the number of nodes exceeding 542,827, distributed across 188 countries and regions, the efficiency of Network3's decentralized network continues to improve. This ranking further proves its leading position in the decentralized AI infrastructure field.Network3 has secured $5.5 million in investments, with investors including top institutions such as Borderless, EV3 Labs, IoTeX Eco Fund, Mask Network, Bing Venture, Waterdrip Capital, SNZ, and Candaq. The team is actively expanding the influence of Network3, with N3E points redemption and staking activities set to launch soon, and TGE will take place in the near future.

ChainCatcher news, according to official sources, the first DePIN+AI project based on the TON chain, PinGo, has successfully received investment from UFLY Labs, with the specific amount not yet disclosed. This round of financing will help PinGo accelerate the development of its dedicated DePIN blockchain network, driving the next wave of decentralized innovation. By combining cutting-edge technology with real-world applications, PinGo is committed to bringing more possibilities to the decentralized ecosystem.Earlier, PinGo launched an airdrop subscription event on Gate Web3 Startup, attracting a total of 56,271 participants and raising 19,589,740 GT, with a subscription progress of 538,623.59%.As the first AI + DePIN project based on the TON network, PinGo aims to redefine the way computing resources, datasets, and artificial intelligence are accessed.UFLY Labs is the ecological fund of UXLINK. It focuses on investing in innovative projects with cutting-edge technologies or products, leveraging UXLINK's strong community and ecosystem to stay at the forefront of technological innovation and real user feedback.

ChainCatcher message, IoTeX stated: "In light of the current market conditions, IOTX is now recognized as a DePIN Meme coin."

ChainCatcher on-site report****,**** io.net Asia-Pacific Regional Head Asa, Multiple Network APEC Director Frank, Olares Partner Cryptobird, Network3 Marketing Head Eliza, and Open Data Labs CEO and Vana Co-founder Anna Kazlauskas jointly attended "DeInsight 2024" and engaged in an in-depth discussion on the development challenges, incentive models, and future trends of decentralized AI & Depin in a roundtable titled "New Forces in Decentralized AI & Depin."Asa stated that the biggest challenge faced by io.net in its early days was balancing decentralization with reliability. When its network allows anyone, any hardware, and any account to enter, ensuring there are no fake accounts and maintaining network performance is no easy task.Anna Kazlauskas mentioned the challenge of oversupply on the supply side. When a value network built on a large amount of computing power, data, and other resources cannot ensure alignment with the demand side, the actual assets behind it may hold no value.Regarding the industry issue of oversupply on the supply side, Frank mentioned that Multiple Network suggests distinguishing whether devices in decentralized AI projects are in standby or working status and using targeted token incentives to reduce unnecessary consumption on the supply side and lower token output.The guests generally believe that the decentralized AI & Depin industry is in its early stages and has not yet found widely accepted and recognized application scenarios. Eliza shared a marketing perspective, noting that decentralized AI & Depin often face competitors in the traditional IoT and consumer markets. Providing users with more practical scenarios that allow them to use and benefit directly is a key issue for the next stage.Additionally, the guests commonly mentioned the challenges faced by decentralized AI & Depin projects in protecting user privacy data.Remote participation👉Video live link: https://www.youtube.com/live/tTVcUPumPysImage live link: https://www.pailixiang.com/album_ia7637038926.html(Source link)

ChainCatcher news, according to DePINscan data, the number of physical mining machines for the DePIN & AI project Network3 has now surpassed 5,000 units, marking a further expansion of Network3's layout in the Edge AI field. The latest data shows that the daily earnings of the N3 Edge V1 device remain at the top of the DePIN project rankings.Currently, the global coverage and decentralization level of the Network3 network have reached new heights, with active deployments of nodes worldwide reaching 380,000, covering 185 countries and regions. The physical mining machine N3 Edge V1 has also received significant market attention, selling out quickly during its previous pre-sale, and is now launching a direct sales program from the manufacturer. Several manufacturers have already joined, and announcements will be made on the official website soon.In addition, the project has successfully secured $5.5 million in seed round financing, and a new round of financing has been initiated, attracting participation from several leading institutions. The official announcement revealed that the process has already started, with plans to complete the TGE by the end of the year.