DePin, short for Decentralized Physical Infrastructure Network, represents the natural evolution of blockchain technology beyond Web3 and into the physical world. As blockchain and decentralized solutions gain traction, DePin has emerged as a topic of growing interest. While still in its early stages, this innovative concept has the potential to disrupt existing technologies and create …
Cosmo Jiang, portfolio manager at Pantera Capital, says that crypto investing will get more fundamentals-oriented as the industry matures.
Decentralized physical infrastructure networks (DePIN) took off bigtime this year, and EV3 Ventures’ Ramakrishnan was at the center of it all.
Cointelegraph Research examines how the U2U Network leverages DePIN to solve enterprise challenges in scalability, security and compliance.
peaq has listed its native utility token, PEAQ, on 12 crypto exchanges, including crypto.com, BitGet, and KuCoin. The listing enables users to engage with a decentralized infrastructure network (DePIN) that connects over two million devices worldwide. As of press time PEAQ is trading around $0.35, up 600% from its listing price of $0.05. Where to […]
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Most venture capital and hedge funds expect Solana (SOL) to reach at least $600 in this bull cycle, according to the “Q4 2024 Crypto Investment Manager Survey” by MV Global. Almost a third of the survey respondents believe SOL will breach the $600 ceiling, while 23.2% see this price area as the asset’s all-time high. […]
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GRASS token, one of the latest DePIN projects, attracts significant attention from analysts and the investing public. As a Layer-2 platform on the Solana blockchain, the Grass platform allows users to share unused internet bandwidth to train AI models using a browser extension. With its promising technology, it’s no surprise that its token launch and airdrop last October 28th was highly anticipated. Related Reading: Bitcoin Breaks $73,000, Yet Google Searches Stay Stagnant—Is Hype Fading? While the airdrop was marred by a few issues, including a three-hour outage, the token’s price rally succeeded. Last October 29th, the token peaked at October 29th, then made a massive rally from October 31st until November 2nd, breaching the $1.50 level. After hitting a high of $1.9175 on November 2nd, it has slowed down, settled below the $1.75 level, and now trades at the $1.45 level. GRASS has rejected the $2 price, with analysts seeing a deeper pullback—so, is this the right time to buy? A Rough Start For GRASS Trading for GRASS started on October 28th, but a few issues delayed the token’s airdrop and launch. The team recorded technical issues, including users being prevented from accessing their tokens on their Phantom wallets. Also, the rush to claim the tokens was marred by the three-hour power interruption. Furthermore, some users reported flagged transactions, and many were disqualified from the airdrop. WTF is this @getgrass_io @grassfdn I’m using it since Epoch 1 and after 10 months of using, it is saying that your wallet is not eligible?? Really?#grassairdrop #grassfoundation #grassSCAM pic.twitter.com/wt7BWPBI1R — Phantom Soul (@PhantomSoulll) October 28, 2024 A total of 1 billion GRASS tokens were circulated, and 10% were given to early supporters and contributors. It’s still too early to see the full extent of these issues’ effect on GRASS, but the token started well price-wise. Token Tries To Breach $2 It’s challenging to make sense of GRASS’s price action since it only launched a few days ago. However, analysts see a bullish trend on the chart’s lower timeframes. The token boasts above-average volume in the last 24 hours. Also, the token’s on-balance volume and price increased starting October 30th. In short, there was buying pressure for the token, suggesting that price gains may happen soon. However, GRASS rejected $2, making it the token’s short-term psychological resistance. Analysts said the price could dip to $1.75 since the RSI reflects a bearish divergence. Related Reading: Will Bitcoin Hit $176K? Anthony Scaramucci Lays Out His High-Stakes Forecast Other Analysts See A Deeper Dive For GRASS Based on the technical charts, the analysts found two notable liquidity pools at prices of $1.56 and $1.96. The current price is currently closer to the liquidity pool at $1.56, with the token appearing to reject the $1.96 level. Since there’s a bearish momentum and a liquidity pool at $1.56, traders and holders can expect a price dip below $1,75. Swing traders and new buyers who want to enter a position can wait for the token’s retesting of $1.56 or even $1.4. Featured image from Pexels, chart from TradingView
Nansen takes a detailed look at an emerging opportunity for Web3-powered investors in a new report.
Funds will support the expansion of Glow’s solar grid in India, which is expected to replace the energy consumption of 34,000 households.
Decentralized internet solutions could create greater global access, a growing need in developing nations with limited internet infrastructure.
Wallet provider Phantom services experienced nearly three hours of downtime on Oct. 28 amid users’ rush to claim GRASS tokens. Users on X reported missing balances and an inability to perform transactions. According to Phantom Status, a major incident with the wallet’s back end made the service unresponsive at 1:36 P.M. UTC and went back […]
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In episode 62 of the Hashing It Out podcast, host Elisha Owusu Akyaw explores Web3s attempt to disrupt internet infrastructure with Harrison Hines, CEO and co-founder of Fleek Network and Kyle Okamoto, chief technology officer of Aethir.
The report indicated that DePIN and NodeFi may be the most profitable verticals for decentralized finance going forward.
Discover how DePINs work: DePINs allow the sharing of physical resources like data storage and connectivity without intermediaries.
DePIN refers to physical infrastructure networks built using blockchain technology and token incentives which other projects can use without having to buy and run their own equipment.
The Wall Street ratings agency's first-ever report about the sector underscores the increased attention towards DePIN apps.
Lufthansa and Deutsche Telekom are among a few major enterprises to launch blockchain nodes on the Peaq network, signaling a significant move toward enterprise DePIN adoption.
Applications range from digital storage to energy markets, the report said, while pointing to significant use cases for the technology.
Sui blockchain innovates with alternative methods, like radio waves, to enable offline crypto transactions for unbanked communities, even those without internet access.
Lemniscap is targeting zero-knowledge infrastructure, consumer applications and decentralized physical infrastructure (DePIN).
Auto insurers take a blanket approach to setting premium prices, disadvantaging drivers with better records. DePINs can help individualize policies while keeping data secure, writes Hugo Feiler, CEO of Minima.
In this episode of Hashing It Out by Cointelegraph, host Owusu Akyaw interviews Pavel Bains, co-founder and CEO of Bluzelle, about decentralized physical infrastructure networks (DePINs).
Bitrue Ventures’ new fund aims to support Web3 startups with up to $200,000 in investment, offering extensive industry resources.
High switching costs and long-term contracts have previously made telcos impossible to compete against. Key changes in market structure today are allowing challengers with unique crowdsourced supply to challenge them, says EV3’s Mahesh Ramakrishnan.
SingularityNET and Filecoin collaborate to integrate decentralized AI and DePIN, emphasizing ethical AI development and decentralized infrastructure.
Decentralized Physical Infrastructure Networks (DePIN) are flourishing across multiple businesses, creating an “economy of things,” where value is shared across all participants. Scott Foo, founder of DePIN Daily, digs in.
Today, a small group of cartography companies control the world’s maps. What if there was a way of creating an open-source system where on-the-ground mappers were incentivized to participate? Hivemapper CEO Ariel Seidman outlines the argument.
Daniel Andrade, co-founder of Hotspotty, was deep in the DePIN space before it had a name. More than an incremental innovation for crypto, he sees it as a fundamental shift in how we manage everything from wireless networks to energy grids.
XYO co-founder Markus Levin argues that DePINs can make AI more trustworthy, empower users and businesses alike, and usher in blockchain mass adoption.