HO CHI MINH, Vietnam, November 13, 2024, Chainwire
Lately, CoinList performed a survey asking customers: “Which class of tasks do you most need to see on CoinList?” highlighting the 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 pattern
Decentralized Bodily Infrastructure Community (DePIN) is rising as a know-how aimed toward altering the way in which infrastructure is managed. By decentralizing companies similar to IT, vitality and telecommunications, DePIN seeks to supply scalability, resilience and cost-effectiveness past what centralized programs sometimes supply.
This innovation represents a brand new part of technological progress, one which expands entry and creates alternatives for communities traditionally excluded from financial development. The impression of DePIN is predicted to be important
As of November 2024, the DePIN sector had a market capitalization above $33.6 billion, in keeping with CoinGecko. Enterprise capitalists are more and more investing in DePIN tasks, demonstrating sturdy curiosity within the sector. A 2023 report from Messari places the market potential for DePIN at $2.2 trillion, with projections anticipated to succeed in $3.5 trillion by 2028. Thus far, DePIN tasks have collectively raised greater than a billion {dollars} in funding, reflecting rising investor confidence on this space.
CoinList, the main IDO platform in crypto, acknowledged the potential of DePIN and joined the market with many profitable DePIN tasks similar to NATIX, Koii, peaq, and so on. Following 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: Mainnet saga marketing campaign instigated by U2U
The U2U Community, backed by Kucoin Ventures, Chain Capital, IDG Blockchain, JDI, Cointelegraph, Crypto Property Japan and V3V Ventures, is the one DePIN venture chosen for collaboration by CoinList in This autumn 2024, a transparent signal of its innovation and his management. As a modular Layer 1 community, the U2U community makes use of superior directed acyclic graph (DAG) know-how and digital machine (EVM) compatibility to supply quick transactions and fast finality.
The U2U community goals to deal with the fragmented nature of the DePIN market, the place full integration between functions is uncommon. Its imaginative and prescient is to create an entire blockchain answer for DePIN. The community's distinctive subnetting know-how allows the creation of customizable, impartial subnets that present scalability and suppleness appropriate for DePIN functions. This design delivers excessive efficiency, sturdy safety, and adaptableness, giving builders the instruments to effectively create and launch DePINs whereas permitting customers to attach, contribute, and earn by way of varied DePIN tasks .
CoinList's partnership with U2U Community displays their shared dedication to advancing the DePIN trade. This collaboration is highlighted by the U2U Incentivized Mainnet Saga pre-registration marketing campaign, marking a key milestone in driving the expansion and adoption of DePIN know-how. With a strategy to win with this marketing campaign to entry $U2U tokens earlier than they hit the market.
Customers now have the chance to earn $U2U tokens by linking $USDT on Owlto Finance to obtain $pUSDT, then staking $pUSDT into the U2U (NASDAQ:) incentive staking pool. A reward pool of 10,000,000 $U2U tokens has been allotted for this initiative.
Chronology: 90 days, from November 12, 2024 to February 10, 2025
For extra info, customers can go to: https://mainnetsaga.u2u.xyz/
Past its partnership with CoinList, U2U Community is getting ready to embark on an formidable marketing campaign with Bitget, one of many world's main cryptocurrency exchanges and Web3 innovator. This collaboration marks one other essential milestone within the U2U Community's mission to develop its attain and affect throughout the DePIN ecosystem. Keep linked with the U2U Community social media channels for upcoming particulars on this thrilling enterprise.
The longer term continues
As pleasure grows throughout the neighborhood following U2U Community's pre-listing campaigns, the deliberate itemizing is predicted to launch in This autumn 2024. With its imaginative and prescient to be an entire blockchain answer for DePIN, U2U Community is poised to take the blockchain house by storm, bringing sturdy innovation and worth to its ecosystem and customers. As itemizing approaches, the trail ahead for the U2U Community guarantees thrilling alternatives and important contributions to the blockchain trade and past.
Concerning the U2U community:
The U2U community is a modular L1 with subnetting know-how completely suited to DePIN. Their backers embody Chain Capital, IDG Capital, Cointelegraph, JDI Ventures, Kucoin Enterprise, V3V Fund, Web3Port and others. The venture additionally has partnerships with AWS, Klaytn Basis, IoTex, Waterdrip Capital, Chain Catcher, and so on. KOLs who’ve invested within the U2U community are KongBTC, Romano, ImNotTheWolf, Crypto Buzz, Antony, and so on.
Mainnet is prepared with over 180,000 pockets addresses. The DePIN subnet launched with the U2DPN product with over 155,000 downloads, 59,000 contributing nodes and 9,000 DAU in 3 months of launch. 80 dApps engaged in on-chain building (EVM suitable) vary from crypto functions (Defi, Gamefi, SocialFi, and so on.) to real-world eventualities (storage, knowledge mining, and so on.), and over 40 DePIN tasks signed by a memorandum of understanding and within the strategy of integration, 25 different tasks in preparation.
Concerning the Host VTIS
Vietnam Tech Impression Summit 2024 (VTIS) – The premier know-how occasion in Vietnam.
VTIS is a hub of transformative improvements, serving as a “gateway to Vietnam’s rising know-how market”. VTIS connects international consultants, companies, buyers and know-how lovers throughout all know-how 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 arranged by SSID.
Web site: Vtis.io
REFERENCE:
- Prime depin cash by market cap (undated) CoinGecko. Obtainable right here (Accessed November 12, 2024).
- Kassab, S. (2023) The DePIN Sector Map, Messari Crypto Information. Obtainable right here. (Accessed November 12, 2024).
- The 8 most funded Depin tasks of all time (in thousands and thousands of US {dollars}). Obtainable right here. (Accessed November 12, 2024).
ContactAstrid DanU2U Communityalice@uniultra.xyz09081246492
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