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Search Results for: depin

Web3 Innovation and Transformation: InnoBlock 2024 Held by ABGA and BBS

Web3 technology is leading a global technological revolution, propelling the internet industry into a new era of profound transformation and reconstruction. In this digital revolution, innovation is not only the driving force for the development of the Web3 industry, but also a crucial strategy for its future layout. In response

September 14, 2024 5 mins read

Hashrate: An Underrated Asset That Smart Crypto Businesses Should Utilize

It’s easy to dismiss hashrate as a metric that’s of concern to miners and no one else. After all, unless you’re running an ASIC farm, why should you care how much exahash the Bitcoin network is producing per second? Actually, if you’re a crypto business that’s actively trading digital asset

September 13, 2024 4 mins read

Sui Blockchain Enables Offline Crypto Transactions

One of the biggest concerns with cryptocurrency is what happens if the internet goes down. Typically, users would be unable to access their wallets or make transactions, which is an issue in regions where power shortages are common. However, the Sui blockchain is addressing this issue with a concept called

September 4, 2024 2 mins read

Polygon Productions, the World’s Most Immersive 360° Live Sound Experience Set to Debut at AFTER 2049, Singapore’s Biggest Pre-Formula 1 Grand Prix Party

TOKEN2049, the world’s largest Web3 conference, announced a collaboration with spatial sound pioneers Polygon Productions for AFTER 2049, the official closing event of this year’s highly anticipated Singapore edition. Set to redefine live music experiences with spatial audio technology, Polygon Productions will combine binaural sound and synchronised lighting to curate

August 31, 2024 4 mins read

FLock and io.net Introduce Proof of AI Consensus for Decentralized Compute Verification

FLock and io.net have collaborated to develop the first Proof of AI (PoAI) consensus mechanism in the world, which validates the integrity of nodes functioning inside a decentralized compute network. Through the completion of compute-intensive AI training tasks, decentralized physical infrastructure networks (DePINs) may use PoAI to verify the integrity of DePIN nodes. PoAI

August 29, 2024 3 mins read

Helium’s HNT Keeps Climbing on the Back of Key Network Proposals

Amidst a global market downturn, Helium (HNT) is changing the trend and showing significant gains. According to CoinMarketCap, the price of HNT surged over 12.29%, moving from $6.67 to a recent high of $7.49, with the upward momentum continuing. This rally comes with Helium’s official announcement of the approved proposals,

August 29, 2024 2 mins read

10 Rising Blockchain VCs That Are Making Waves

Everyone in web3 is familiar with names like Andreesen Horowitz, Coinbase Ventures, and Binance Labs. But outside of the big venture capital firms, there are hundreds more that undertake the same work, funding and supporting startups and advocating for web3 adoption. From this long tail of web3 VCs, a few

August 28, 2024 7 mins read