CoinList will develop the DePIN market with the primary DePIN collaboration with the U2U community on this fourth quarter

HO CHI MINH, Vietnam, November 13, 2024, Chainwire

CoinList just lately carried out a ballot asking customers, “What class of initiatives do you most need to see on CoinList? underlines the rising curiosity in decentralized infrastructure options. Following this, CoinList introduced an thrilling partnership with U2U Community, a Layer 1 targeted on DePIN, for an unique pre-listing marketing campaign.

DePIN – Greater than only a development

Decentralized Bodily Infrastructure Community (DePIN) is rising as a know-how geared toward altering the best way infrastructure is managed. By decentralizing companies equivalent to computing, power, and telecommunications, DePIN goals to supply scalability, resilience, and cost-effectiveness past what centralized methods sometimes present.

This innovation represents a brand new part of technological progress—one which expands entry and creates alternative for communities traditionally excluded from financial progress. The impression of DePIN is about to be important

As of November 2024, the DePIN sector boasts a market capitalization exceeding $33.6 billion, in response to CoinGecko. Enterprise capital traders are more and more investing in DePIN initiatives, indicating a powerful curiosity within the sector. Messari's 2023 report values ​​the market potential for DePIN at $2.2 trillion, with projections to succeed in $3.5 trillion by 2028. Thus far, DePIN initiatives have collectively raised greater than $1 billion, reflecting rising investor confidence within the subject.

CoinList, the highest 1 IDO platform in cryptocurrencies, acknowledged the potential of DePIN and joined the market with many profitable DePIN initiatives equivalent to , NATIX, Koii, peaq, and so forth. After the current profitable itemizing of Peaq, CoinList has simply introduced its new collaboration with U2U Community, the main DePIN Layer1 in Asia, on 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 Belongings Japan and V3V Ventures, is the one DePIN mission chosen for CoinList cooperation in This fall 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) know-how and digital machine (EVM) compatibility to make sure quick transactions and quick finalization.

The U2U Community goals to deal with the fragmented nature of the DePIN market, the place full integration throughout functions is uncommon. His imaginative and prescient is to create an entire blockchain resolution for DePIN. The community's distinctive subnetting know-how allows the creation of customizable, unbiased subnets that supply scalability and suppleness tailor-made to DePIN functions. This design gives excessive efficiency, robust safety, and adaptableness, giving builders the instruments to effectively construct and run DePIN whereas permitting customers to hitch, contribute, and earn from numerous DePIN initiatives.

CoinList's partnership with the 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, which represents a key step in driving the expansion and adoption of DePIN know-how. With this marketing campaign, you possibly can earn and get entry to $U2U tokens earlier than they hit the market.

Customers now have the chance to earn $U2U tokens by bridging $USDT to Owlto Finance to get $pUSDT after which stake $pUSDT within the U2U Incentivized Staking Pool (NASDAQ: ). A reward pool of $10,000,000 U2U tokens has been allotted for this initiative.

Timeline: 90 days, from November 12, 2024 to February 10, 2025

For extra info, customers can go to: https://mainnetsaga.u2u.xyz/

Along with the partnership with CoinList, U2U Community is about to launch an formidable marketing campaign with Bitget, the world's main cryptocurrency trade and Web3 innovator. This collaboration represents one other important step within the U2U Community's mission to develop its attain and affect inside the DePIN ecosystem. Keep linked to U2U's social channels for particulars on this thrilling enterprise.

The longer term strikes on

As group pleasure builds for U2U Community's pre-IPO campaigns, the anticipated itemizing is anticipated to launch in This fall 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 and ship strong innovation and worth for its ecosystem and customers. Because the record approaches, the trail ahead for the U2U community guarantees thrilling alternatives and spectacular contributions to the blockchain trade and past.

In regards to the U2U community:

The U2U Community is a modular L1 with subnet know-how that’s completely suited to DePIN. Their backers embody Chain Capital, IDG Capital, Cointelegraph, JDI Ventures, Kucoin Enterprise, V3V Fund, Web3Port and extra. The mission has additionally partnered 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.

The mainnet is prepared with greater than 180,000 pockets addresses. DePIN Subnet launched with U2DPN product with over 155,000 downloads, 59,000 contributor nodes and 9,000 DAUs in 3 months of launch. 80 dApps dedicated to construct on-chain (EVM appropriate), starting from crypto apps (Defi, Gamefi, SocialFi, and so forth.) to real-world eventualities (storage, knowledge mining, and so forth.), and greater than 40 DePIN initiatives signed MOUs and as a part of the combination, one other 25 initiatives are being ready.

In regards to the VTIS host



Vietnam Tech Influence Summit 2024 (VTIS) – Premier Tech Occasion in Vietnam.

VTIS is a middle for transformational innovation and serves as a “gateway to Vietnam's rising know-how market”. VTIS connects international consultants, companies, traders and know-how lovers throughout know-how sectors. Specializing in 4 themes – Fintech, AI, Blockchain, Gaming, VTIS will unlock market entry, partnership and funding alternatives for startups. Hosted by SSI and FPT Group and arranged by SSID.

Web site: Vtis.io

LINK:

• Prime depin cash by market cap (no date) CoinGecko. Accessible right here (Accessed: 12 November 2024).
• Kassab, S. (2023) The DePIN Sector Map, Messari Crypto Information. Accessible right here. (Accessed: 12 November 2024).
• Prime 8 most funded Depin initiatives of all time (in tens of millions of USD). Accessible right here. (Accessed: 12 November 2024).

ContactAstrid DangThe U2U communityalice@uniultra.xyz09081246492

This text was initially revealed on Chainwire