ChainCatcher news, the DePIN protocol Teneo Protocol has completed a $3 million seed round financing, led by RockawayX and Borderless, with participation from Generative Ventures and others.Teneo is built on the first layer of the machine economy, peaq, unlocking social media data for Web3 and Web2 builders through the power of the community. The Teneo community node is a Web3 browser extension that allows anyone to contribute to the growing data network by collecting public posts from platforms like X and Reddit.According to RootData, Teneo Protocol is a DePIN data protocol. By targeting data pools that are behind paywalls or currently inaccessible (such as real-time social media insights and machine-generated data from industries like mobile and energy), Teneo has created a standardized access point. This allows AI companies, exchanges, market makers, builders, ecosystems, and more to utilize it.

ChainCatcher news, according to CoinDesk, the Wingbits protocol, which creates a DePIN flight tracking network based on Solana, announced the completion of a $3.5 million seed round financing, led by Borderless Capital and Tribe Capital, with participation from Antler and several angel investors.The team stated: "Wingbits rewards the data quality captured by antennas maintained by enthusiasts. Individuals are rewarded based on performance, coverage, and uptime, with a global leaderboard to compare the best-performing antennas. As of the end of 2023, there were 40 nodes on the Wingbits platform, which has now increased to nearly 2000."

ChainCatcher news, the Solana ecosystem DePIN protocol io.net announced on the X platform that the IO Summit 2024 Keynote will be live-streamed starting at 12 PM Beijing time on the 4th (click here to join the live stream).Guests attending the summit and giving speeches include: io.net CEO Ahmad Shadid, io.net COO Tory Green, io.net CTO and Solana co-founder toly.In addition, io.net recently released the product IO Summit Video.

ChainCatcher news, the Solana ecosystem DePIN protocol io.net announced on X that Ignition Season 1 points are now live.

ChainCatcher news, Bitcoin L2 project BVM announced integration with Solana ecosystem DePIN protocol io.net to fully leverage the potential of decentralized GPU clusters.The collaboration between BVM and io.net will also support Eternal AI, a Bitcoin L2 blockchain focused on AI smart contracts and model storage. Currently, there are over 3,800 user-generated models in the pre-release stage.

ChainCatcher news, the Solana ecosystem DePIN protocol io.net stated on its social platform that since the launch of the Ignition program, the number of GPU miners has increased from 26,000 to over 51,000 within 10 days.According to data from the RootData platform, io.net aims to build the world's largest decentralized GPU network and address the AI computing shortage. On March 5, io.net announced the completion of a $30 million Series A funding round, led by Hack VC, with participation from Multicoin Capital, 6th Man Ventures, Delphi Digital, Solana Labs, Aptos Labs, Foresight Ventures, and Animoca Brands.

ChainCatcher news, the Solana ecosystem DePIN protocol io.net announced the completion of a $30 million Series A financing round, led by Hack VC, with participation from Multicoin Capital, 6th Man Ventures, M13, Delphi Digital, Solana Labs, Aptos Labs, Foresight Ventures, Longhash, SevenX, ArkStream, Animoca Brands, Continue Capital, MH Ventures, and OKX, as well as industry leaders including Solana founder Anatoly Yakovenko, Aptos founders Mo Shaikh and Avery Ching, Animoca Brands' Yat Siu, and Perlone Capital's Jin Kang.It is reported that io.net is a decentralized computing network that supports the development, execution, and scaling of ML applications on the Solana blockchain, combining 1 million GPUs to form the world's largest GPU cluster. DePIN.io.net aggregates GPUs from underutilized resources (such as independent data centers, crypto miners, and crypto projects like Filecoin and Render) to address this issue. These resources are combined in a decentralized physical infrastructure network (DePIN), enabling engineers to access a large amount of computing power in a system that is accessible, customizable, cost-effective, and easy to implement.