HO CHI MINH, Vietnam, November thirteenth, 2024, Chainwire
Not too long ago, CoinList carried out a ballot asking customers, “What class of tasks do you wish to see most on CoinList?” underscoring rising curiosity in decentralized infrastructure options. Following this, CoinList introduced an thrilling partnership with U2U Community, a DePIN-focused Layer 1, for an unique pre-listing marketing campaign.
DePIN – Greater than only a development
Decentralized Bodily Infrastructure Community (DePIN) is rising as a expertise geared toward shifting how infrastructure is managed. By decentralizing companies like computing, power, and telecommunications, DePIN seeks to supply scalability, resilience, and cost-efficiency past what centralized programs sometimes present.
This innovation represents a brand new section of technological progress—one which broadens entry and creates alternatives for communities traditionally excluded from financial development. DePIN’s impression is ready to be important
As of November 2024, the DePIN sector boasts a market capitalization exceeding $33.6 billion, based on CoinGecko. Enterprise capitalists are more and more investing in DePIN tasks, indicating robust curiosity within the sector. A 2023 report by Messari values the market potential for DePIN at $2.2 trillion, with projections to achieve $3.5 trillion by 2028. Up to now, DePIN tasks have collectively raised over $1 billion in funding, reflecting rising investor confidence on this space.
CoinList, the highest 1 IDO platform in crypto, acknowledged the potential of DePIN and joined the market with many profitable DePIN tasks similar to Filecoin, NATIX, Koii, peaq, and so forth. After the latest profitable itemizing interval of Peaq, CoinList has simply introduced its new collaboration with U2U Community, the main DePIN Layer1 in Asia, for a brand new pre-listing marketing campaign.
Coinlist x U2U Community: U2U Incentivized Mainnet Saga Marketing campaign
U2U Community, backed by Kucoin Ventures, Chain Capital, IDG Blockchain, JDI, Cointelegraph, Crypto Property Japan, and V3V Ventures, stands as the one DePIN undertaking chosen for collaboration by CoinList in This autumn 2024, a transparent signal of its innovation and management. As a modular Layer 1 community, U2U Community makes use of superior directed acyclic graph (DAG) expertise and Ethereum Digital Machine (EVM) compatibility to supply quick transactions and fast finality.
U2U Community goals to handle the fragmented nature of the DePIN market, the place full integration throughout purposes is uncommon. Its imaginative and prescient is to create an entire blockchain resolution for DePIN. The community’s distinctive subnet expertise permits for the creation of customizable, impartial sub-networks that supply scalability and adaptability tailor-made for DePIN purposes. This design supplies excessive efficiency, robust safety, and flexibility, giving builders the instruments to construct and launch DePINs effectively whereas enabling customers to attach, contribute, and earn from numerous DePIN tasks.
CoinList’s partnership with U2U Community displays their shared dedication to advancing the DePIN sector. This collaboration is highlighted by the U2U Incentivized Mainnet Saga Pre-listing Marketing campaign, marking a key step in driving the expansion and adoption of DePIN expertise. With a solution to earn with This marketing campaign to get entry to $U2U tokens earlier than they hit the market.
Customers now have a possibility to earn $U2U tokens by bridging $USDT on Owlto Finance to obtain $pUSDT after which staking $pUSDT within the U2U Incentivized Staking Pool. A reward pool of 10,000,000 $U2U tokens has been allotted for this initiative.
Timeline: 90 days, from twelfth Nov 2024 to tenth Feb 2025
For extra info, customers can go to: https://mainnetsaga.u2u.xyz/
Past its partnership with CoinList, U2U Community is ready to embark on an bold marketing campaign with Bitget, a world-leading cryptocurrency change and Web3 innovator. This collaboration marks one other important step in U2U Community’s mission to increase its attain and affect throughout the DePIN ecosystem. Keep linked with U2U Community’s social channels for upcoming particulars about this thrilling enterprise.
The Future Goes On
As pleasure builds throughout the neighborhood from U2U Community’s pre-listing campaigns, the anticipated itemizing is ready to launch in This autumn 2024. With its imaginative and prescient to be a complete blockchain resolution for DePIN, U2U Community is poised to take the blockchain house by storm, bringing strong innovation and worth to its ecosystem and customers alike. Because the itemizing approaches, the trail ahead for U2U Community guarantees thrilling alternatives and impactful contributions to the blockchain business and past.
About U2U Community:
U2U Community is a modular L1 with subnet expertise that good match for DePIN. Their backers embody Chain Capital, IDG Capital, Cointelegraph, JDI Ventures, Kucoin Enterprise, V3V Fund, Web3Port, and others. The undertaking has additionally entered into partnerships with AWS, Klaytn Basis, IoTex, Waterdrip Capital, Chain Catcher, and so forth. KOLs which have invested in U2U Community are KongBTC, Romano, ImNotTheWolf, Crypto Buzz, Antony, and so forth.
Mainnet is prepared with greater than 180K pockets addresses. DePIN Subnet launched with U2DPN product with greater than 155K downloads, 59K contributer nodes, and 9K DAU in 3 months of launching. 80 dApps dedicated to constructing on chain (EVM-compatible) vary from crypto purposes (Defi, Gamefi, SocialFi, and so forth) to real-world situations (Storage, knowledge mining, and so forth), and over 40 DePIN undertaking signed MOU and below integration, 25 different tasks within the pipeline.
In regards to the host VTIS
Vietnam Tech Influence Summit 2024 (VTIS) – The Premier Tech Occasion in Vietnam.
VTIS is a hub for transformative improvements, serving as “The gateway to Vietnam’s rising expertise market”. VTIS connects international specialists, companies, buyers, and tech lovers throughout expertise sectors. Specializing in 4 themes—Fintech, AI, Blockchain, Gaming, VTIS will unlock market entry, partnerships, and funding alternatives for startups. Hosted by SSI and FPT Group and Organized by SSID.
Web site: Vtis.io
REFERENCE:
- Prime depin cash by market cap (no date) CoinGecko. Obtainable right here (Accessed: 12 November 2024).
- Kassab, S. (2023) The DePIN Sector Map, Messari Crypto Information. Obtainable right here. (Accessed: 12 November 2024).
- The all-time prime 8 most funded Depin tasks (in US $ million). Obtainable right here. (Accessed: 12 November 2024).
ContactAstrid DangU2U [email protected]
Disclaimer: It is a sponsored press launch and is for informational functions solely. It doesn’t mirror the views of Crypto Day by day, neither is it supposed for use as authorized, tax, funding, or monetary recommendation.