Check out the latest developments across DePIN &AI sectors
1. Huddle01 Launches Decentralized RTC on Ethereum
Huddle01 is set to disrupt the communication sector by launching a decentralized real-time communication (RTC) network built on Ethereum. Users can earn the $HUDL token by contributing their unused internet bandwidth. A significant 21% of the token supply is earmarked for Media Node Operators, targeting a share in the multibillion-dollar market.
2. Launch of IoTeX 2.0
IoTeX has launched IoTeX 2.0, evolving from a Layer 1 public chain to a modular DePIN platform. This update introduces a comprehensive set of DePIN Infrastructure Modules (DIMs), a Modular Security Pool (MSP), and meritocratic tokenomics, aimed at drastically reducing the time and cost of DePIN development. The platform is designed to support the creation and operation of diverse DePIN applications, fostering a more inclusive and collaborative development environment.
3. TON Foundation's Launch of TON Teleport BTC Initiative
The TON Foundation is enhancing Bitcoin utility within its network with the upcoming launch of TON Teleport BTC. This initiative will provide a secure bridge for seamless Bitcoin transfers to and from the TON network, allowing Bitcoin holders to participate in DeFi activities within the TON ecosystem. The bridge will be backed by actual Bitcoin, ensuring secure transactions.
4. BlockDAG's Scalability and X1 Miner Launch on AppStore
BlockDAG is gaining attention with its unique Directed Acyclic Graph (DAG) structure and Proof-of-Work (PoW) consensus, enhancing transaction speeds and scalability.
Additionally, the new BlockDAG X1 Miner app, now available on the App Store, enables users to mine BDAG coins directly from smartphones. Designed to minimize data and battery use, it integrates smoothly into daily smartphone activities. The app features easy sign-ups, referral codes, and progress reports to enhance the mining experience and community engagement. Users can mine up to 20 BDAG coins daily, presenting an opportunity for both seasoned miners and beginners, combining ease of use with substantial financial benefits
5. Grayscale Launches Decentralized AI Fund
Grayscale Investments has announced the launch of its new Decentralized AI Fund, targeting accredited investors. This fund aims to provide exposure to blockchain-based AI protocols, including Bittensor, Filecoin, Livepeer, Near, and Render. Focused on AI services, solutions to centralized AI problems, and AI infrastructure, the fund reflects the growing interest in decentralized AI solutions within the crypto industry. This strategic move aligns with increasing synergy between AI and blockchain technologies, promising to democratize access and enhance transparency in AI services.
