ChainCatcher news, the decentralized Edge AI infrastructure platform Network3 officially announced the establishment of a $10 million mining fund, co-hosted by the DePINX Super Node Alliance with initial funding. The aim is to promote a fairer, more efficient, and lower-cost AI development. It is reported that the fund will be used to support outstanding projects and teams within the ecosystem, including areas such as technology research and development, application implementation, and community operations, attracting more institutions to participate in POS staking mining.The fund will mainly be used for the following aspects:Technology Research and Development: To cultivate projects deployed in the Network3 mining ecosystem, focusing on three major directions: "energy-saving," "efficient," and "secure" for technological iteration, collectively leveraging the advantages of the decentralized Edge AI network to enhance usability;Application Implementation: To provide one-stop services covering industry research, product development, business expansion, and application commercialization, assisting in product implementation;Community Operations: To attract outstanding market and operational talents, plan market expansion and operational activities, and promote community-scale growth.As a leader in continuous construction within the industry, Network3 is committed to technological innovation and application promotion in the Edge AI field. By introducing a high-performance computing power network, Network3 provides users and developers with a fairer, more transparent, and efficient computing power trading platform, exploring a new paradigm for the AI computing resource market.Since its establishment, Network3 has achieved significant results in the DePIN and AI tracks, with over 620,000 global nodes covering 188 countries. By building a high-performance computing power network and massive user Edge Data, it has completed the commercial monetization loop for both supply and demand sides.Previously, the $N3 token was launched for spot trading on exchanges such as Bybit, Gate.io, and BingX at 16:00 Beijing time on January 22.Network3 completed a $5.5 million pre-seed & seed round financing on July 23, 2024. Investors include well-known VCs such as Borderless, EV3 Labs, IoTeX, SNZ, Bing Ventures, Waterdrip Capital, and Web3port Foundation.

ChainCatcher news, according to official information, the decentralized Edge AI infrastructure Network3 announced that it will take a snapshot of users at 8 AM UTC on January 21 (4 PM Beijing time). Users who have registered and bound their wallets prior to this will be eligible to receive airdrops in the future. After the snapshot is completed, software and hardware nodes will switch to producing N3C computing power tokens, which can be exchanged for the mainnet $N3 tokens.Previously, it was announced that the Network3 token $N3 will start spot trading on Bybit, Gate.io, and BingX on January 22. Currently, Network3 is holding a Pre-TGE airdrop event, with 50 million tokens as rewards to give back to the community and node users. Users can log in to the Network3 official website to complete designated tasks to receive a free airdrop quota of 40,000 points.Network3 completed a $5.5 million pre-seed & seed round financing on July 23, 2024. Investors include well-known VCs such as Borderless, EV3 Labs, IoTeX, SNZ, Bing Ventures, Waterdrip Capital, and Web3port Foundation.

ChainCatcher message, in order to give back to the support of N3 Edge V1 users and to allow more users to participate in the pre-mining activities of the N3 computing power testnet, Network3 officially opens the function channel for exchanging N3E points for N3C testnet tokens. N3 Edge V1 users can exchange their N3E points in their accounts for N3C testnet tokens at a preferential price. The official will facilitate staking pairing between GPU owners and N3C token holders to participate in the computing power testnet mining. In the future, the testnet N3C tokens can be exchanged for mainnet tokens N3 at a 1:1 ratio.Recently, Network3 has continuously provided benefits to the community, launching activities such as airdrops for the first 20,000 mining machine users, high-performance testnet computing power staking mining, and a TGE airdrop of 50 million tokens, and announced that it is expected to launch on multiple well-known exchanges in January to provide liquidity support for the community.

ChainCatcher news, according to official sources, the Network3 high-performance computing testnet N3 Compute Network testnet has opened whitelist applications and will launch testnet staking mining on December 26 at 8:00 am (GMT+8).High-performance GPU providers can participate in staking mining while earning rental income. GPU renters can obtain high-performance computing at an average cost 50% below market price. Computing power owners, developers, or institutions can apply for the whitelist through official channels. The platform plans to later open joint mining features to users without high-performance GPU devices, allowing users to participate in staking to earn token rewards.In addition, Network3 has launched a Pre-TGE airdrop event and plans to list on several well-known exchanges in January next year.The launch of N3 Compute Network marks further improvement of Network3 in the decentralized Edge AI infrastructure field. It upgrades from small model application inference of Edge AI to supporting training, fine-tuning, and data processing for large and medium AI models and other compute-intensive tasks.

ChainCatcher news, according to official information, the number of N3 Edge V1 miners online globally has surpassed 6,000, marking a further expansion of Network3 in the field of decentralized storage and computing. This milestone reflects the high recognition of N3 Edge V1 by users and its core position in distributed storage and the Web3 ecosystem.N3 Edge V1 not only has powerful distributed storage and cross-device file management capabilities but also enables edge computing on local devices through AI, providing users with mining rewards. As an important node in promoting the construction of decentralized networks, the widespread application of N3 Edge V1 further consolidates Network3's leading position in global decentralized infrastructure.Network3 has secured $5.5 million in investment, 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 plans to launch N3E point redemption and staking activities, and a TGE will be conducted soon.

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 reliable sources, the decentralized edge artificial intelligence infrastructure platform Network3 will launch its Token Generation Event (TGE), accompanied by the first round of token airdrops. This marks an important milestone in the platform's development and opens a new growth phase for Network3.Details regarding the TGE schedule, airdrop rules, eligibility requirements, token distribution, and other specifics are expected to be announced soon. Investors can follow Network3's official channels and social media platforms for the latest updates.Based on feedback from its community members, this TGE will provide new opportunities for the global Network3 community, further promoting the expansion of the decentralized artificial intelligence network. The airdrop event will reward early participants and supporters, distributing tokens to encourage more users to join the ecosystem, contribute computing power and bandwidth, become network nodes, and collectively promote the platform's development.Through this TGE and airdrop, Network3 aims to attract more users, developers, and partners, accelerating the popularization and application of edge computing and decentralized artificial intelligence technology.Network3 is at the forefront of decentralized edge artificial intelligence infrastructure, committed to breaking the monopoly of large tech companies on AI development and its narratives, aiming to democratize the AI industry globally. By creating a decentralized federated learning framework, Network3 enables users to collaboratively participate in AI model training without sharing raw data.Currently, Network3 has raised $5.5 million in funding from top investment institutions, including Borderless, EV3 Labs, IoTeX, Mask Network, Bing Venture, Waterdrip Capital, SNZ, and Candaq. The platform is continuously expanding its network infrastructure and forming significant business partnerships to accelerate its development.

ChainCatcher news, according to data from DePINscan, the number of nodes in the decentralized edge artificial intelligence infrastructure project Network3 has surpassed 507,261, an increase of over 100 K compared to last week, spread across 188 countries and regions worldwide. According to official news, the Network3 airdrop will also be launched soon, with the TGE scheduled for the end of the year.This groundbreaking growth demonstrates the strong support of community members for Network3's decentralized vision. With powerful distributed computing capabilities and a wide global network, Network3 is providing smarter and more reliable artificial intelligence infrastructure services for various industries, further promoting the deep application of decentralized technology in edge computing and artificial intelligence.As a leading Decentralized Edge AI-Infrastructure, Network3 is committed to the democratization of the AI industry. By building a decentralized federated learning framework, Network3 enables users to collaborate in training without sharing raw data. Network3 has secured $5.5 million in funding from top institutions such as Borderless, EV3, IoTeX, Mask Network, and Bing Venture.

ChainCatcher news, according to DePINscan data, the number of nodes in the decentralized edge artificial intelligence infrastructure project Network3 has exceeded 439,000, surpassing the well-known DePin project Helium, ranking fifth globally. According to official news, the Network3 airdrop will also be launched soon, with the TGE scheduled for the end of the year.This milestone achievement demonstrates Network3's strong appeal and technical strength in the global market. With the continuous expansion of decentralized AI applications, Network3 is expected to continue to increase its market share in the future and become a leader in the edge AI infrastructure field.As a leading Decentralized Edge AI-Infrastructure, Network3 is committed to the democratization of the AI industry. By building a decentralized federated learning framework, Network3 enables users to perform collaborative training without sharing raw data. Network3 has secured $5.5 million in funding from top institutions such as Borderless, EV3, IoTeX, Mask Network, and Bing Venture.

ChainCatcher news, Network3 founder Rock confirmed his attendance at the "DeInsight 2024" annual summit to be held on November 11 in Bangkok during Devcon. Network3 is building a decentralized Edge AI infrastructure, allowing users to provide inference, fine-tuning, and training services for edge AI models by sharing bandwidth, computing power, datasets, etc., in exchange for token rewards.The "DeInsight 2024" annual summit will take place on November 11 at Hotel Nikko Bangkok in Bangkok. This summit is co-hosted by ChainCatcher and RootData, with SoSo Value as a co-organizer, and aims to gather elites from the Web3 field to exchange insights about the industry, expecting to attract over 1,000 industry elites.In addition, the conference will unveil the RootData List 2024, which objectively selects influential individuals or institutions in the industry from a data perspective.

ChainCatcher news, according to DePINscan data, the AI Layer2 project Network3 has reached a new high of 360,000 global nodes, with nodes distributed across 185 countries and regions including Europe, North America, and Southeast Asia.Previous news reported that Network3's miner sales were once booming, and from November 1, an expansion upgrade will take place, potentially accelerating the payback period.Additionally, 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 claim states that the process has now been initiated.

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, 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: At the R3al World DePIN Summit of Token2049 in Singapore, Rock, the founder of the DePIN & AI project Network3, announced the launch plan for its new local large language model (LLM) feature, which will significantly enhance the efficiency and performance of edge AI technology.Rock pointed out that although edge AI has deeply integrated into people's daily lives, the complexity and importance behind it are often overlooked. For example, the ability of smartphones to perform data processing tasks at night fully demonstrates the potential of edge devices to utilize idle resources for efficient computing. With the newly launched local LLM feature, Network3 will significantly optimize the efficient computing capabilities of smart devices during idle times, especially for local inference and processing without relying on cloud computing. This not only greatly reduces bandwidth consumption but also enhances data security and privacy protection.Network3 will provide strong support and vast resources for edge AI by integrating global idle edge device resources. The upcoming local LLM feature will allow users to seamlessly enjoy AI chat services on mobile devices without relying on expensive cloud computing infrastructure. Additionally, users can earn tokens by interacting with the model and customize and optimize algorithms based on personal needs, enhancing the personalized experience. According to Network3, the beta version is planned to be released in October, at which time users can download it from the official website for experience.It is reported that Network3 is helping global AI developers efficiently, conveniently, and economically perform large-scale inference, training, or validation of models by building an AI Layer2. Previously, it was announced that Network3 had completed $5.5 million in pre-seed and seed round financing, and the next round of financing has already begun, with several leading institutions participating.

ChainCatcher news, according to the metrics released by DePINscan on September 5th, California time, the DePIN & AI project Network3's first batch of mining machines "N3 Edge V1" is expected to break even in 120 days, ranking in the top 3 among numerous DePIN projects, with the highest daily return.Previously, it was reported that the physical mining machine "N3 Edge V1" released by Network3 sold out lightning-fast on the day of its presale. The dual mining of tokens was launched on August 29th, allowing users who purchased the first batch of mining machines to receive double profits.According to the Web3 asset data platform RootData, Network3 has built an AI Layer2 aimed at helping global AI developers efficiently, conveniently, and economically perform large-scale inference, training, or validation of models. The project 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 already initiated the process. As of the date of publication, the number of project nodes has exceeded 300,000, widely distributed across 185 countries and regions globally.

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, according to DePINscan data, the AI Layer2 project Network3 has surpassed 290,000 global nodes, with devices distributed across 185 countries and regions including Europe, North America, and Southeast Asia.Previously on August 23, the AI Layer2 network Network3's physical mining machine N3 Edge V1 sold out lightning fast on the first day of its presale.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.

ChainCatcher news, according to the Korea Economic Daily, the presale of the physical mining machine N3 Edge V1 released by the AI training Layer2 network Network3 sold out within five seconds of its launch.The N3 Edge V1 is a dual-mining device from Network3, capable of mining the native token N3 and the IoTeX (IOTX) token. This device integrates IoTeX's infrastructure such as W3bstream and ioID, providing device ID and decentralized IoT network (DePIN) verification, and supports IoTeX's advanced zero-knowledge (ZK) and off-chain computing technologies, working in conjunction with a modular tech stack.It is reported that the N3 Edge is lighter than other token mining devices and has stronger processing capabilities, allowing users to mine both tokens efficiently and smoothly.

ChainCatcher news, the first batch of mining machines N3 Edge V1 for the DePIN & AI project Network3 sold out lightning-fast after going on sale, with a limited first batch of 3,000 units. The second batch of mining machines is in preparation, and users can log in to the official website to apply for the reservation list for the second batch of mining machines.It is reported that this is the first time Network3 has launched a physical mining machine sales business. Purchasing this physical mining machine can improve the mining efficiency of Network3 tokens. Additionally, the mining machine integrates IoTeX's on-chain identity module ioID and data verification module, and can also participate in mining the native IOTEX token $IOTX.Furthermore, 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. Network3 has currently initiated the process for going public.