
IoTeX 2.0 and Arweave Lead DePIN Revolution with $20M Raise by peaq Network
Decentralized Physical Infrastructure Networks (DePIN) are gaining significant traction, revolutionizing various industries by decentralizing physical infrastructure. The latest advancements include IoTeX 2.0, which has upgraded its L1 blockchain into an open modular infrastructure for all DePINs, incorporating composable modules, a unified trust layer, and new tokenomics. This upgrade is expected to enhance the DePIN ecosystem, enabling greater innovation and resilience. Additionally, Arweave has integrated arbitrary scale computing into its decentralized ecosystem, further solidifying its position in the space. Projects like peaq network, which achieved the largest raise on CoinList in over 2 years with $20M and 2x oversubscription, and collaborations with platforms like NEAR DA, are also contributing to the rapid growth and adoption of DePIN technology. CoinDesk's robmsolomon highlights how DePIN is revolutionizing connected car culture. RISC Zero is providing ZK compute to all DePIN builds, further enhancing the ecosystem.
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RISC Zero 🟡Congratulations to our partner @iotex_io for launching 2.0 🎊 RISC Zero is proud to provide ZK compute to all DePIN builds 🤝 https://t.co/DjTZl3Ynf4
Espresso SystemsProud to help power DePIN for everyone with @iotex_io. Read more below! This is your chain on Espresso. https://t.co/FizEQkbeHM
Seeed Studio🔍 Curious about the potential of decentralized physical infrastructure (DePIN)? Check out @densone's article on @CoinDesk! From @helium's network to innovations by @wingbits and @Hivemapper, DePIN projects solve real-world problems and reward users. As DePIN grows, SeeedStudio… https://t.co/dVN0rzbaMW
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