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 news, Solana ecosystem DEX Jupiter announced on social media that a new proposal for Uplink funding has been launched, allowing users to vote on whether to provide funding to Uplink WG to continue achieving its goal of communicating with the public.

ChainCatcher news, according to CoinDesk, the DePIN project Uplink announced the completion of a $10 million financing round, led by Framework Ventures.It is reported that Uplink provides decentralized network connectivity, aiming to create better distributed and user-operated infrastructure. The company stated that its idea is to reduce reliance on traditional centralized telecom providers. Users and businesses will be able to earn tokens as rewards by contributing to or using the network.

ChainCatcher news, the BRC20 ecosystem decentralized stablecoin protocol Uplink Finance announced that SATS and ORDI will become one of the first collateral assets for the Uplink Finance stablecoin protocol. Additionally, the BRC20 ecosystem address snapshot airdrop plan has been updated, which will conduct multiple rounds of airdrops for users holding both SATS and UPFI, as well as those holding both ORDI and UPFI, with a maximum airdrop amount of 100,000 UPFI. The snapshot time for the airdrop plan remains at 11:33 PM on December 13, 2023 (UTC+8).

ChainCatcher news, the BRC20 ecosystem decentralized stablecoin protocol Uplink Finance announced an update to its product roadmap and plans to launch the Uplink OG NFT this weekend. Users who participated in the UPFI IDO and the top 100 holders of UPFI (snapshot time was December 15 at 11:33 PM) will have the opportunity to obtain whitelist eligibility for the UPFI OG NFT.Uplink officials stated that subsequent stablecoin products will be launched by the end of the month, with the team's long-term goal of holding 5% of BTC and 20% of top BRC20 assets as collateral, aiming to become the largest stablecoin protocol in the BTC ecosystem.As of now, $UPFI has risen to second place in trading volume on the OKX Web3 wallet market, with a 24H increase of over 100%.

ChainCatcher news, according to official information, the BRC20 stablecoin protocol Uplink Finance will launch its IDO event on December 6 at 19:00 and will end on December 9 at 19:00.As of now, this IDO event has completed 87%, and the official stated that any unsold tokens will be transferred to Satoshi Nakamoto's address for destruction.