The Good Tech Companies - CoinList To Develop The DePIN Market With The First DePIN Collaboration With U2U Network This Q4

Episode Date: November 17, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/coinlist-to-develop-the-depin-market-with-the-first-depin-collaboration-with-u2u-network-this-q4. ... This innovation represents a new phase of technological progress—one that broadens access and creates opportunities for communities historically excluded from e Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #coinlist, #chainwire, #press-release, #coinlist-announcement, #crypto-exchange, #depin, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Decentralized Physical Infrastructure Network (DePIN) is emerging as a technology aimed at shifting how infrastructure is managed. DePIN seeks to offer scalability, resilience, and cost-efficiency beyond what centralized systems typically provide. To date, DePIN projects have collectively raised over $1 billion in funding, reflecting growing investor confidence in this area.

Transcript
Discussion (0)
Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Coinlist to develop the DEPIN market with the first DEPIN collaboration with U2U network ThisQ4 by Chainwire. Ho Chi Minh, Vietnam, November 13, 2024, Chainwire. Recently, Coinlist conducted a poll asking users, what category of projects do you want to see most on Coinlist, underscoring growing interest in decentralized infrastructure solutions? Following this, Coinlist announced an exciting partnership with U2U Network, a DEPIN-focused layer 1, for an exclusive pre-listing campaign. DEPIN, more than just a trend, Decentralized Physical Infrastructure Network, DEPIN,
Starting point is 00:00:45 is emerging as a technology aimed at shifting how infrastructure is managed. By decentralizing services like computing, energy, and telecommunications, DEPIN seeks to offer scalability, resilience, and cost efficiency beyond what centralized systems typically provide. This innovation represents a new phase of technological progress, one that broadens access and creates opportunities for communities historically excluded from economic growth. Deepin's impact is said to be significant. As of November 2024, the DEPIN sector boasts a market capitalization exceeding $33.6 billion, according to Coingecko. Vent venture capitalists are increasingly investing in DEPIN projects, indicating strong interest in the sector. A 2023 report by Masari values the
Starting point is 00:01:33 market potential for DEPIN at $2.2 trillion, with projections to reach $3.5 trillion by 2028. To date, DEPIN projects have collectively raised over $1 billion in funding, reflecting growing investor confidence in this area. Coinlist, the top one ETO platform in crypto, acknowledged the potential of DEPIN and joined the market with many successful DEPIN projects such as Filecoin, NATIX, Koi, Peak, etc. After the recent successful listing period of Peak, Coinlist has just announced its new collaboration with U2U Network, the leading Dapin Layer 1 in Asia, for a new pre-listing campaign. COINLISTX U2U Network U2U incentivized Mainnet Saga
Starting point is 00:02:21 C-A-M-P-A-I-G-N UU 2U network, backed by KuCoin Ventures, Chain Capital, IDG Blockchain, JDI, Cointelegraph, Crypto Assets Japan, and V3V Ventures, stands as the only Dapin project selected for collaboration by CoinList in Q4 2024, a clear sign of ITS innovation and leadership. As a modular Layer 1 network, U2U Network uses advanced directed acyclic graph, DAG, technology and Ethereum virtual machine, EVM, compatibility to provide fast transactions and quick finality. U2U Network aims to address the fragmented nature of the DEPIN market, where full integration across applications is rare. Its vision is to create a complete blockchain solution for DEPIN. The network's unique subnet technology allows
Starting point is 00:03:11 forth creation of customizable, independent subnetworks that offer scalability and flexibility tailored for DEPIN applications. This design provides high performance, strong security, and adaptability, giving developers the tools to build and launch DEPINS efficiently while enabling users to connect, contribute, and earn from various DEPIN projects. Coinlist's partnership with U2U Network reflects their shared commitment to advancing the DEPIN sector. This collaboration is highlighted by the U2U Incentee Visd Mainnet Saga pre-listing campaign, marking a key step in driving the growth and adoption of DEPIN technology.
Starting point is 00:03:51 With a way to earn with this campaign to get access to $U2U tokens before they hit the market. Users now have an opportunity to earn $U2U tokens by bridging $USDT on OWL to finance to receive $PUSDT and then staking $PUSDT in the U2U incentive-viz'd staking pool. A reward pool of $10 million U2U tokens has been allocated for this initiative. Timeline, 90 days, from 12 November 2024 to 10 February 2025. For more information, users can visit https colon slash slash mainnet saga. U2U XYZ Beyond its partnership with CoinList, U2U Network is set to embark on an ambitious campaign with BitGit, a world-leading cryptocurrency exchange and Web3 innovator. This collaboration marks another significant step in U2U Network's mission to expand its
Starting point is 00:04:45 reach and influence within the DEPIN ecosystem. Stay connected with U2U Network's social channels for upcoming details about this exciting venture. The Future Goes ONA's excitement builds across the community from U2U Network's pre-listing campaigns. The anticipated listing is set to launch in Q4 2024. With its vision to be a comprehensive blockchain solution for DEPIN, U2U Network is poised to take the blockchain space by storm, bringing robust innovation and value to its ecosystem and users alike. As the listing approaches, the path forward for U2U Network promises exciting opportunities and impactful contributions to the blockchain industry and beyond. About U2U Network. U2U Network is a modular L1 with subnet technology that perfect fit for DEPIN. Their backers include Chain Capital, IDG Capital, Cointelegraph,
Starting point is 00:05:39 JDI Ventures, KuCoin Venture, V3V Fund, Web3Port, and others. The project has also entered into partnerships with AWS, Clayton Foundation, IoTeX, WaterDrip Capital, ChainCatcher, etc. KOLs that have invested in U2U network are Kong BTC, Romano, I'm Not The Wolf, CryptoBuzz, Antony, etc. Maynet is ready with more than 180k wallet addresses. DEPIN subnet launched with U2DPN product with more than 155k downloads, 59k contributor nodes, and 9k DAU in 3 months of launching. 80 DAPPs committed to building on-chain, EVM-compatible, range from crypto applications, DeFi, GameFi, SocialFI, etc., Toriel world scenarios, storage, data mining, etc., and over 40 DEPIN projects signed
Starting point is 00:06:35 MO and under integration, 25 other projects in the pipeline. About the host VTIS Vietnam Tech Impact Summit 2024, VTIS, the premier tech event in Vietnam. VTIS is a hub for transformative innovations, serving as the gateway to Vietnam's emerging technology market. VTIS connects global experts, businesses, investors, and tech enthusiasts across technology sectors. Focusing on four themes, fintech, AI, blockchain, gaming, VTIS will unlock market access, partnerships, and investment opportunities for startups. Hosted by SSI and FPT Group and organized by SSID. Website, VTIS, IO Reference. Top Deepin Coins by MarketCap, No Date, CoinGecko. Available here, accessed,
Starting point is 00:07:26 12 November 2024. Casub, S, 2023. The DEPIN Sector Map, Masari Crypto News. Available here, accessed, 12 November 2024. The All-Time Top 8 Most Funded Deepin Projects, in US Dollar Million. Available here, accessed, the 12th of November 2024, contact Astrid Dang U2U Network Alice at UniUltra, XYZ09081246492. Tip this story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoons story, read by Artificial Intelligence. Visit HackerNoons.com to read, write, learn and publish.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.