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

ChainCatcher news, the Goatseus Maximus ($GOAT) token on the IoTeX chain has surged by 112.85% in the past 24 hours, with a price of $0.0004206 as of the time of writing.$GOAT is a MEME token driven by a community team passionate about DePIN and AI, aimed at bringing together builders, investors, device holders, and ecosystem participants through MEME culture to accelerate the adoption and development of the DePIN ecosystem.It is worth mentioning that IoTeX founder @Raullen previously retweeted @GOAT_on_IoTeX's news about locked liquidity, injecting confidence into the market and attracting widespread attention, further boosting community engagement and the strong performance of $GOAT.As market attention continues to rise, $GOAT is becoming a popular MEME project in the DePIN space, warranting ongoing attention.

ChainCatcher news, hosted by IoTeX and co-hosted by Messari, the DePIN and AI summit "R3AL World" DePIN Summit will be held from September 16 to 17 in Singapore during Token2049. This summit invites leading institutions such as OKX, EV3, Borderless Capital, Samsung Next, Hashkey, SNZ, FMG, CoinFund, Dragonfly, Lattice, and others to attend. IoTeX's Cofounder Raullen, Messari researcher Bane, and Sam from Samsung Next will give speeches discussing the development prospects of DePIN. Dozens of projects including CyberCharge, SilentSwap, DeSIM, Nubila, PowerPod, Network3, GeodNet, DePHY, Scannit, InferiX, Sweatemple, Qualoo, Multiple Network, CESS, XNET, Secret Network, 375ai, AEON, Conflux, WiFi Map, De Charge, PublicAI, Nesa, iZUMi, LBank, DepinX, Alchemy will showcase their latest developments at the event."R3AL World" is a Web3 real-world themed offline event that has traveled through 10 cities over the past 2 years, gathering over 650 top VCs, research institutions, communities, and innovative projects in the DePIN and AI fields. This year's DePIN Summit at Token2049 is the largest in scale, with the most participating institutions and projects, and will feature various Web3 physical mining machines and equipment on-site, making it an excellent platform to understand the cutting-edge developments in the DePIN field and engage with industry leaders.

ChainCatcher message, the dual mining of Network3 and IoTeX will start at 15:00 Beijing time on August 29 (00:00 PST on August 29). Users who purchase mining machines in the first batch can receive double rewards.According to RootData, Network3 is building a decentralized AI infrastructure, allowing users to provide inference, fine-tuning, and training services for edge AI models by sharing bandwidth, computing power, datasets, etc., thus earning token rewards.It is reported that Network3 has completed a $5.5 million financing round, with participation from Borderless Capital, EV3, and others. The next round of financing has already begun, with multiple institutions participating. Network3 has already initiated the listing process.

ChainCatcher news, during the industry conference DePINsubmit hosted by EV3, the head of the DePIN & Edge AI project Network3 ecosystem revealed in a panel with the IoTeX Founder: Network3 will launch the first batch of physical mining machine pre-sales on August 20, 2024, at 10 AM California time. This physical mining machine can participate in dual mining of both IOTEX tokens and Network3 tokens.It is reported that 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 the Network3 project token $N3 has now initiated the listing process.

ChainCatcher message, according to the official website, the OKX Web3 wallet has now integrated with the IoTeX mainnet, allowing users to view and transfer IOTX assets within the OKX Web3 wallet. IoTeX is a Layer 1 mainnet focused on DePIN application infrastructure. The OKX Web3 wallet is an industry-leading one-stop Web3 gateway, now supporting over 100+ public chains and providing a unified user experience across app, plugin, and web platforms.

ChainCatcher news, according to the official announcement, Binance is expected to suspend the token deposit and withdrawal services for IoTeX (IOTX) at 07:00 on July 22, 2024, UTC+8, to support its network upgrade and hard fork. This move aims to provide users with a better experience. The project team will perform the network upgrade and hard fork at block height 31,174,201 (expected at 08:05 on July 22, 2024, UTC+8).

ChainCatcher news, the DePIN project IoTeX has released the IoTeX 2.0 white paper, which details the composable modules, unified trust layer, and new token economics, with plans to onboard 100 million devices and unlock trillions of dollars in value over the next 3-5 years.The token economics of IoTeX 2.0 will expand the utility of IOTX, rewarding stakeholders based on their contributions, balancing inflationary staking rewards with usage-based deflationary burns, while incentivizing DePIN dApps and L2 to leverage its modular infrastructure.

ChainCatcher news, Mask Network announced a collaboration with the IoTeX ecosystem AI Layer2 project Network3, and the two parties will jointly shape the digital frontier.In June, Network3 launched its iOS application, which had previously been launched on multiple platforms including Windows, macOS, Android, and Linux. Users can run Network3 nodes adapted to their devices and earn N3 token rewards.Network3 aims to help global AI developers efficiently, conveniently, and economically perform large-scale inference, training, or model validation. It currently has over 230,000 nodes worldwide, covering 184 countries or regions.

ChainCatcher news, according to official sources, the oracle project Nubila, which provides ESG data specifically for the decentralized physical infrastructure network (DePIN) ecosystem, has launched a new round of financing, led by IoTeX and VeChain+ Boston Consulting Group, and has raised $2.5 million so far. OrangeDAO, MH Ventures, Future Money Group, SNZ Capital, DePINsurf, Kronos Research, Taisu Ventures, Bytetrade, WaterDrip, Deepin Lab, Assembly Partners, Cyber, Radiance Ventures, and Genopets also participated.It is reported that Nubila focuses on providing accurate ESG data for the DePIN ecosystem, aiming to leverage AI and tokenization to promote sustainability. The funds will be used to expand its ESG data network, enhance data accuracy, and increase user engagement. Nubila plans to capture key environmental data through advanced weather stations and sensor networks to improve the accuracy of ESG assessments.

ChainCatcher news, Xinxin Fan, the chief scientist of the IoTeX research team, published a paper on accelerating ZKP (Zero-Knowledge Proof) algorithms in IACR (International Association for Cryptologic Research), proposing a solution that enhances the performance of ZK-SNARK systems by 20% to 40%, applicable to all ZK-SNARK systems. The paper has been included in the ZK Newsletter and selected as a Top Pick alongside Vitalik's latest article. The IoTeX research team stated that this solution represents a breakthrough in the field of zero-knowledge proofs.The proposal in the paper regarding the MSM algorithm to improve the performance of ZK-SNARK systems will first be applied in the off-chain data computation module W3bstream of the IoTeX ecosystem, providing proof support for physical devices and off-chain data, making it easier for DePIN projects to be built on-chain.

ChainCatcher news, the Web3 smartwatch project WatchX officially announced that it has joined the IoTeX ecosystem. It will leverage IoTeX's AI+DePIN technology modules and ecosystem to promote the large-scale application of Web3 smart devices.WatchX is a smart wearable terminal that integrates dApp functions such as sports, health, and Web3 payments. It features high-quality hardware and design, while also monitoring professional data related to sports and health. This data will be transformed into a value circulation system on its platform, such as being sold to data demanders or integrated into sports-related dApps, GameFi, and more.In addition, it can also serve as a second mobile device for Web3 users, aside from their smartphones, making basic on-chain operations like payments more convenient.