Decentralized Physical Infrastructure Networks (DePin) are revolutionizing technology by enabling decentralized projects in real-world infrastructure.
Here’s the latest in the DePin sector:
- VanEck’s $2.5M investment in DAWN for decentralized wireless
- IoTeX joining the Blockchain Association for policy advocacy
- Exabits securing $15M in seed funding
- Karrier One launching WiFi hotspots on Sui Network
VanEck’s $2.5M Investment in DAWN
VanEck recently invested in DAWN, a DePin project developing decentralized wireless networks. DAWN’s "AirBnB for internet" model aims to challenge traditional ISPs.
"Over 80M Americans have only one high-speed Internet option, creating local monopolies stifling innovation," — VanEck stated in their announcement.
Key takeaways:
- Rare DePin move by VanEck, known for crypto/AI ETFs.
- No indication of further sector expansion.
Exabits Raises $15M for AI GPU Tokenization
Exabits, an AI GPU fractionalization startup, gained $15M in seed funding led by Hack VC. Highlights:
- $150M valuation
- 300% quarterly revenue growth
Why it matters:
- GPUs power DePin AI ecosystems.
- Competes with projects like Aethir’s GPU-as-a-service.
IoTeX Advocates for DePin-Friendly Policies
IoTeX joined the Blockchain Association to push for clearer DePin regulations.
"Collaboration with policymakers is key to unlocking decentralized infrastructure’s potential," — Raullen Chai, IoTeX CEO.
Participants included:
- Hedera
- Helium (Solana-based)
Karrier One Launches Sui-Powered WiFi Hotspots
Karrier One deployed decentralized WiFi hotspots on the Sui Network, rewarding users with KONE tokens.
"Sui’s tech helps expand Internet access to underserved areas," — Sui Foundation.
Giveaway: 300 hotspot devices via promotion.
FAQ
Q: What is DePin?
A: Decentralized Physical Infrastructure Networks integrate blockchain with real-world infrastructure (e.g., WiFi, GPUs).
Q: Why did VanEck invest in DAWN?**
A: To disrupt ISP monopolies with decentralized wireless.
Q: How does Exabits’ model work?
A: Tokenizes GPU ownership for scalable AI compute.