ChainCatcher news, according to official sources, the AI + DePIN project Privasea has completed Series A financing with a valuation of $180 million, raising a total of $15 million over three rounds. Investors include GSR, Amber, and Echo, with early-stage investment firms such as Binance Labs, OKX Ventures, Nomura's Laser Digital, and Gate Labs.It is reported that Privasea launched the DeepSea testnet Beta on January 6. This financing will be used to accelerate the deployment of the mainnet DeepSea and the development of related intelligent agents, promoting the development of human-computer interaction and intelligent agent interaction.According to the Web3 asset data platform RootData, Privasea is an AI + DePIN project focused on building decentralized privacy computing infrastructure. The company's mission is to provide efficient, user-friendly fully homomorphic encryption (FHE) solutions tailored for web2 and web3 environments, with a focus on machine learning (ML) applications.

ChainCatcher news, according to official sources, the DePIN network Hivera recently announced on the X platform that it has received $2 million in funding from the IPN Foundation.It is reported that Hivera is a decentralized physical infrastructure network (DePIN) supported by Ton Incubator. It allows users to contribute data for AI training through a Telegram mini-program and earn token rewards based on device bandwidth speed.

ChainCatcher news, according to Blockworks, the DePIN project DAWN (Andrena) has completed a $2.5 million financing round, with participation from VanEck Ventures and VanEck's Digital Assets Alpha Fund.According to the Web3 asset data platform RootData, [DAWN](https://www.rootdata.com/zh/Projects/detail/DAWN - Andrena?k=NzExNQ== "Decentralized Wireless Network") is a decentralized wireless network designed to provide internet services, developed by the Andrena team. Owners or residents have the opportunity to buy and sell internet capacity in their surrounding areas—allowing users to operate as their own internet service providers. DAWN facilitates a trustless exchange system that utilizes backhaul, location, and frequency proofs.ChainCatcher previously reported that in August 2024, according to The Block, the Solana-based DePIN project Andrena completed a $18 million financing round, led by Dragonfly, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures, and ParaFi.

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 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, Animoca Brands announced a partnership with GEODNET, a "decentralized" real-time kinematics (RTK) network aimed at driving mixed reality gaming and immersive experiences, integrating positioning technology into consumer applications.In addition, Animoca Brands has also invested in GEODNET to support its development within the DePIN community while promoting the development of positioning and mixed reality technologies.GEODNET will collaborate with Mocaverse, a consumer network that features an interoperable accounts, identity, reputation, and PointFi system infrastructure layer developed by Animoca Brands, to help "facilitate network growth and explore various consumer applications that integrate precise location into the Moca network."

ChainCatcher news, Li Rongbin, founding partner of SevenX Ventures, expressed during the "User-Centric: Exploring New Opportunities for Web3 Applications" Space hosted by RootData that he is not very optimistic about the prospects of the integration of blockchain projects with the real world. He pointed out that many RWA and DePIN projects have not yet reached an ideal state.He believes that in the next three to five years, the entire industry will continue to develop in parallel with the traditional world, and the intersection between the two will not be easy to achieve. Excessive overlap may lead to regulatory intervention, which could trigger centralized control, whether from the government or other regulations. This situation contradicts the original decentralized philosophy of the blockchain industry.Li Rongbin stated: "The only DePIN project we are currently investing in is io.net, which we view as a bilateral market project. Blockchain technology still has the potential to solve the problem of matching supply and demand, thereby addressing the challenges of incentive issues. io.net exists to solve the incentive problem."

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 DePIN project Daylight tweeted that it has launched the first phase of its testnet. Users can earn Daylight Lumens by contributing to the network, inviting friends, and participating in social activities. Daylight Lumens are non-transferable tokens on the Base Sepolia testnet, serving as an accounting mechanism for network contributions.According to data from the crypto platform RootData, Daylight completed a $9 million funding round on August 1, led by a16z Crypto.

ChainCatcher news, according to Decrypt, the DePIN project Spacecoin plans to provide high-speed internet services to underdeveloped areas by launching nanosatellites. The project has the support of U.S. military generals, lunar scientists, NASA astronauts, and blockchain industry experts.Spacecoin will utilize blockchain technology to manage data transmission, allowing users to pay network fees with cryptocurrency. The first satellite, CTC-0, is expected to be launched in the fourth quarter of 2024, aiming to establish a global 5G network at a lower cost to help bridge the digital divide.

ChainCatcher news, according to The Block, the Solana-based DePIN project Andrena has completed a $18 million financing round, led by Dragonfly, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures, and ParaFi.Andrena co-founder Neil Chatterjee stated that this financing round is an extension of the Series A round, structured with a simple agreement for future equity (SAFE) that includes token warrants. Furthermore, this round of financing was "significantly oversubscribed," with an initial target of only $5 million, but ultimately raised more funds in batches earlier this year to facilitate the smooth launch of the token.

ChainCatcher news, according to The Block, the DePin project Daylight has completed a $9 million Series A funding round led by A16z Crypto. The project is dedicated to building a decentralized energy protocol on the Base blockchain. Co-founder and CEO Jason Badeaux stated that this round of financing brings Daylight's total funding to $13 million.Daylight allows users to connect energy devices and earn rewards through its app. The market currently covers New York, New Jersey, and Pennsylvania, with plans to expand to Texas and California in the future.