Ho Chi Minh, Vietnam, November 13, 2024, Chainwire

Lately, CoinList carried out a survey asking its customers, “What class of initiatives would you most prefer to see on CoinList?” It highlights the rising curiosity in distributed 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

Distributed bodily infrastructure networks (DePIN) are rising as a know-how geared toward altering the best way infrastructure is managed. By decentralizing companies comparable to computing, power, and telecommunications, DePIN seeks to supply scalability, resiliency, and price effectivity past what centralized techniques sometimes present.

This innovation represents a brand new stage in technological development, increasing entry and creating alternatives for communities which have traditionally been excluded from financial development. The influence of DePIN is more likely to be important.

As of November 2024, the DePIN sector boasts a market capitalization of over $33.6 billion, in response to CoinGecko. Enterprise capitalists are growing their investments in DePIN initiatives, demonstrating sturdy curiosity on this space. Messari's 2023 report valued DePIN's market potential at $2.2 trillion, which is projected to succeed in $3.5 trillion by 2028. So far, DePIN initiatives have collectively raised greater than $1 billion in funding, reflecting rising investor confidence within the sector.

CoinList, the highest 1 IDO platform for cryptocurrencies, acknowledged the potential of DePIN and joined the market together with many profitable DePIN initiatives comparable to , NATIX, Koii, and peaq. After Peaq’s latest profitable itemizing interval, CoinList has introduced a brand new platform. We’re collaborating with U2U Community, Asia's main DePIN Layer1, to run a brand new pre-listing marketing campaign.

Coinlist x U2U Community: U2U Incentive Mainnet Saga Marketing campaign

U2U Community, backed by Kucoin Ventures, Chain Capital, IDG Blockchain, JDI, Cointelegraph, Crypto Belongings Japan, and V3V Ventures, ranks as the one DePIN undertaking chosen for collaboration by CoinList in This autumn 2024 , which is a transparent signal of its innovation and 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 speedy finality.

The U2U community goals to deal with the fragmented nature of the DePIN market, the place full integration between purposes is uncommon. Its imaginative and prescient is to create a whole blockchain answer for DePIN. The community's distinctive subnet know-how permits the creation of unbiased, customizable subnetworks that present scalability and adaptability to your DePIN purposes. This design offers excessive efficiency, sturdy safety, and adaptableness, giving builders the instruments to effectively construct and launch DePIN whereas permitting customers to attach and contribute to numerous DePIN initiatives. , to be able to earn income.

The partnership between CoinList and U2U Community displays each corporations’ frequent dedication to the event of the DePIN sector. This collaboration, highlighted by the U2U Incentivized Mainnet Saga Pre-Itemizing Marketing campaign, is a vital step in driving development and adoption of DePIN know-how. The way in which you earn on this marketing campaign offers you entry to $U2U tokens earlier than they hit the market.

Customers have the chance to earn $U2U tokens by bridging $USDT on Owlto Finance to obtain $pUSDT and staking $pUSDT within the U2U Incentivized Staking Pool (NASDAQ:). This initiative has been allotted a reward pool of 10,000,000 $U2U tokens.

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

For extra data, please go to https://mainnetsaga.u2u.xyz/.

Past its partnership with CoinList, U2U Community will embark on an formidable marketing campaign with Bitget, the world's main crypto alternate and Web3 innovator. This collaboration marks one other vital step within the U2U Community's mission to increase its attain and affect inside the DePIN ecosystem. Keep tuned to U2U Community’s social channels for additional particulars on this thrilling enterprise.

the long run continues

The anticipated itemizing is scheduled to start in This autumn 2024, as U2U Community's pre-listing marketing campaign generates pleasure throughout the group. With a imaginative and prescient to turn out to be a complete blockchain answer for DePIN, U2U Community has taken the blockchain house by storm, delivering sturdy innovation and worth for each its ecosystem and customers. As we method public itemizing, the long run path of U2U Community guarantees thrilling alternatives and impactful contributions to the blockchain trade and past.

About U2U community:

The U2U community is a modular L1 with subnet know-how ideally suited for DePIN. Their backers embody Chain Capital, IDG Capital, Cointelegraph, JDI Ventures, Kucoin Enterprise, V3V Fund, Web3Port, and extra. The undertaking additionally companions with AWS, Klaytn Basis, IoTex, Waterdrip Capital, Chain Catcher, and extra. KOLs investing in U2U Community embody KongBTC, Romano, ImNotTheWolf, Crypto Buzz, and Antony.

There are over 180,000 pockets addresses obtainable on mainnet. The DePIN Subnet was launched with the U2DPN product and achieved over 155,000 downloads, 59,000 contributor nodes, and 9,000 DAU within the first three months of launch. The 80 dApps engaged on constructing on-chain (EVM appropriate) vary from crypto purposes (Defi, Gamefi, SocialFi, and so forth.) to real-world eventualities (storage, knowledge mining, and so forth.). Moreover, greater than 40 DePIN initiatives have signed MOUs and are within the means of integrating. There are 25 different initiatives underway.

About host VTIS

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Vietnam Tech Impression Summit 2024 (VTIS) – Vietnam’s premier tech occasion.

VTIS is a radical innovation hub and serves because the “gateway to Vietnam's rising know-how market”. VTIS connects the world's consultants, companies, buyers, and know-how lovers throughout the know-how sector. We are going to deal with 4 themes: fintech, AI, blockchain, gaming, and VTIS to unlock market entry, partnerships, and funding alternatives for startups. Organized by SSI and FPT Group and hosted by SSID.

Web site: Vtis.io

reference:

• High Depin Cash by Market Capitalization (undated) CoinGecko. Out there right here (accessed 12 November 2024).
• Kassab, S. (2023) DePIN Sector Map, Messari Crypto Information. Out there right here. (Accessed: 12 November 2024).
• High 8 most funded Depin initiatives of all time (in million USD). Out there right here. (Accessed: 12 November 2024).

contactAstrid DunnU2U community[email protected]09081246492

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