ChainCatcher news, DePIN data network AiGO Network announced on October 11 on X that it has completed a strategic round of financing, with participation from Chain Capital and Waterdrip Capital.According to another source, the Web3 asset data platform RootData shows that AiGO Network is a real-time, plug-and-play DePIN data network that provides decentralized access to verified GPS and geolocation data.

ChainCatcher news, according to DePINscan data, the DePIN & AI project Network3 mining machine N3 Edge V1 is experiencing explosive sales, with the number of on-chain mining machines reaching new highs, currently surpassing 3,500 units. To meet the growing demand, the Network3 system will undergo a capacity upgrade on November 1st. Starting in November, the output value of each mining machine N3E will increase from 50 to 170, and the dual mining output of $IOTX will change from a fixed model of 182 coins per machine to a model of 138,000 coins distributed across the entire network.According to Depinscan, the first batch of miners has already recouped half of their investment, and with the subsequent rise in coin prices, the payback period will be further shortened. The benefits of early mining are evident.Previously reported, Network3 will launch an LLM model for multi-terminal use on the N3 Dapp in October, allowing users to run it offline. The project has currently secured $5.5 million in seed round financing, with several leading institutions participating in the next round of financing, and the project has also initiated the listing process.

ChainCatcher news, Borderless Capital partner Alvaro Garcia recently stated, "DePIN may be the only category in Web3 whose value comes from outside the crypto industry." He believes this also allows DePIN projects to uniquely resist bear markets that may affect other crypto projects. In a recent interview during the mainnet conference, DePIN protocol Akash CEO Greg Osuri responded to this viewpoint. The protocol provides users with a decentralized marketplace to buy and sell computing power using the AKT token and stated that regulators have taken notice of the project's role.

ChainCatcher news, according to The Block, Borderless Capital partner Alvaro Garcia recently stated: "DePIN may be the only category in Web3 whose value comes from outside the crypto industry," and he believes this also allows DePIN projects to uniquely resist bear markets that may affect other crypto projects.In a recent interview at the mainnet conference, DePIN protocol Akash CEO Greg Osuri responded to this viewpoint. The protocol provides users with a decentralized marketplace to buy and sell computing power using AKT tokens and stated that regulators have already taken notice of the project's role."I spent a lot of time on Capitol Hill... I met with a key staff member of the House Energy and Commerce Committee... I introduced myself, and they said, 'We know Akash, it's the intersection of DePIN and artificial intelligence,'" Osuri said, calling the meeting "very productive."Osuri continued: "DePIN is more capable of attracting mainstream audiences than other crypto sectors. Currently, there is insufficient regulatory demand to ensure DePIN is not regulated like NFTs and DeFi, because when regulators study cryptocurrencies, they lump all industries together and regulate accordingly. So I think it's very important for us to separate the regulation of (DePIN and other cryptocurrencies) and ensure that legislators and regulators are informed. (Akash and InFlux) do not care about competition... as a way to demonstrate that we can achieve unity because we all care about the industry... Through this unity, I believe we can achieve regulatory clarity."

According to ChainCatcher news and data from DePINscan, the AI Layer2 project Network3 has reached a new global node count high of 340,000, with nodes distributed across 185 countries and regions including Europe, North America, and Southeast Asia.Additionally, Network3 has secured $5.5 million in pre-seed and seed round financing, and the next round of financing has already begun, with several leading institutions confirming their participation. The official statement claims that Network3 has currently initiated the process for the above.

ChainCatcher news, according to DePINscan data, the AI Layer2 project Network3 has reached a total of 330,000 global nodes, with devices widely distributed across 185 countries and regions including Europe, North America, and Southeast Asia.Additionally, according to the Web3 asset data platform RootData, Network3 has achieved $5.5 million in seed pre-round and seed round financing, with the next round of financing already underway and several leading institutions confirming their participation. The official statement claims that Network3 has now initiated the above process.

ChainCatcher news, according to official information, the second batch of mining machines for the AI & DePIN project Network3 will add 5,000 devices. It is reported that to meet market demand, improve equipment quality, and service efficiency, Network3 has launched a supplier recruitment program, seeking long-term partners for mining equipment, and has already reached strategic cooperation with several suppliers.Previously, it was reported that the first batch of mining machines from Network3 sold out immediately, with a strong market response. According to DePINscan data, all 3,000 units of the first batch of N3 Edge V1 devices have been fully on-chain.Additionally, according to RootData, Network3 has achieved $5.5 million in pre-seed and seed round financing, and the next round of financing has already begun, with several leading institutions confirming their participation. The official claims that Network3 has now initiated the on-chain process.

ChainCatcher news, the world's first AI-driven comprehensive financial derivatives service platform EraAI today announced the official launch of its membership system. To align with EraAI's global strategy in the Asia-Pacific region and to gather initial traffic, achieving the market share target for the DePIN track in the Asia-Pacific region by June 2025, EraAI provides efficient, secure, and intelligent multi-domain AI technology solutions and hardware device solutions for enterprises and users within Asia.In addition, EraAI also announced a strategic partnership with D3X, with both parties working together to promote innovation in AI technology and jointly explore the Asian AI market. EraAI will leverage its advanced technology in the AI field and D3X's global resources and experience to not only optimize investment management and trading strategies but also achieve overall profitability, real-time decision-making, and automated trading, which is expected to significantly enhance the operational efficiency and innovation capabilities of enterprises in the region.EraAI's Asia-Pacific strategy will achieve a perfect combination of European and American technology with Asian traffic. Era's entry into the market will also provide blockchain and DePIN enthusiasts in the Asia-Pacific region with new services and more optimization options, laying a solid foundation for future market expansion and user growth.

According to ChainCatcher news, data from DePINscan shows that the AI Layer2 project Network3 has reached a total of 320,000 global nodes, with nodes distributed across 185 countries and regions including Europe, North America, and Southeast Asia.Previous news reported that the physical mining machine "N3 Edge V1" released by Network3 sold out lightning-fast on the first day of its presale. Currently, this product requires 94 days to reach the breakeven point, ranking first in daily returns among many DePIN projects.Additionally, according to RootData, Network3 has achieved $5.5 million in seed pre-round and seed round financing, with the next round of financing already underway and several leading institutions confirming their participation. The official claim is that Network3 has now initiated the above process.

ChainCatcher news, the decentralized content delivery platform Mawari's DePIN network Mawari Network has announced the completion of a $10.8 million strategic financing round, led by Anfield LTD, Borderless Capital, and 1kx, with participation from Accord Ventures, Animoca Brands Japan, Blockchange Ventures, Draper Dragon, iAngels, Mulana Ventures, Parami Investors, Samsung Next, and Waldo Holdings, as well as angel investors Ivan Brightly, Joshua Frank, Pete Townsend, and Sean Carey.This round of strategic financing brings Mawari's total funding to $17.3 million. Mawari plans to launch on the Solana mainnet in the first quarter of 2025 and will conduct a node license sale in the fourth quarter of this year to expand its infrastructure.It is reported that the project currently serves 40 clients, including global brands such as T-Mobile, Netflix, and BMW, with an average annual revenue of approximately $1.5 million. Mawari focuses on real-time 3D content rendering and streaming, supporting VR, AR, and XR devices, and has obtained 3 patents, with another 11 pending.

ChainCatcher news, according to DePINscan data, the AI Layer2 project Network3 has seen its first batch of mining machines, N3 Edge V1, reduce the payback period to 94 days (as of the time of publication), ranking second in payback period and first in daily earnings!As previously reported, Network3 will launch an LLM model for multi-end use in the N3 Dapp in October, allowing users to run it offline. The project has completed a $5.5 million seed round of financing, and the next round of financing is now open, with several well-known institutions confirming their participation, and the listing process has already begun.

ChainCatcher news, according to Coindesk, K33 Research analyst David Zimmerman pointed out that despite the skepticism surrounding the MEME coin craze, the actual applications of cryptocurrency have begun to emerge. The market capitalization of stablecoins has reached $175 billion, becoming an important financial tool in emerging markets. In the payment sector, Mastercard has partnered with Mercuryo to enable over 100 million merchants to accept crypto payments; PayPal and Venmo have integrated Ethereum Name Service to simplify the transfer process.In the communication field, the DePIN project Helium has attracted 113,000 users to its mobile services. In social applications, Telegram, with nearly 1 billion monthly active users, has integrated the Open Network (TON), while LINE, with 230 million monthly active users, has also partnered with Kaia to promote the use of cryptocurrency in instant messaging. The major ride-hailing app in Southeast Asia, TADA, has launched "TADA Mini," allowing users to pay for rides using TON or USDT through Telegram.Zimmerman emphasized that these developments indicate that cryptocurrency is gradually integrating into daily life, providing real value to users. Although MEME coins still hold a significant market share, the serious aspects of the crypto industry are steadily progressing, offering innovative solutions to real-world problems.