CoinList to Develop the DePIN Market with the First DePIN Collaboration with U2U Network this Q4

[PRESS RELEASE – HO CHI MINH, Vietnam, November 17th, 2024]

Not too long ago, CoinList carried out a ballot asking customers, “What class of initiatives do you need to see most on CoinList?” underscoring rising curiosity in decentralized infrastructure options. Following this, CoinList introduced an thrilling partnership with U2U Network, a DePIN-focused Layer 1, for an unique pre-listing marketing campaign.

DePIN – Greater than only a development

Decentralized Bodily Infrastructure Community (DePIN) is rising as a expertise geared toward shifting how infrastructure is managed. By decentralizing companies like computing, power, and telecommunications, DePIN seeks to supply scalability, resilience, and cost-efficiency past what centralized programs usually present.

This innovation represents a brand new section of technological progress—one which broadens entry and creates alternatives for communities traditionally excluded from financial development. DePIN’s impression is ready to be vital

As of November 2024, the DePIN sector boasts a market capitalization exceeding $33.6 billion, in response to CoinGecko. Enterprise capitalists are more and more investing in DePIN initiatives, indicating sturdy curiosity within the sector. A 2023 report by Messari values the market potential for DePIN at $2.2 trillion, with projections to achieve $3.5 trillion by 2028. To this point, DePIN initiatives have collectively raised over $1 billion in funding, reflecting rising investor confidence on this space.

CoinList, the highest 1 IDO platform in crypto, acknowledged the potential of DePIN and joined the market with many profitable DePIN initiatives similar to Filecoin, NATIX, Koii, peaq, and so on. After the current profitable itemizing interval of Peaq, CoinList has simply introduced its new collaboration with U2U Community, the main DePIN Layer1 in Asia, for 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 Property Japan, and V3V Ventures, stands as the one DePIN venture chosen for collaboration by CoinList in This autumn 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) expertise and Ethereum Digital Machine (EVM) compatibility to offer quick transactions and fast finality.

U2U Community goals to deal with the fragmented nature of the DePIN market, the place full integration throughout functions is uncommon. Its imaginative and prescient is to create an entire blockchain answer for DePIN. The community’s distinctive subnet expertise permits for the creation of customizable, unbiased sub-networks that supply scalability and adaptability tailor-made for DePIN functions. This design supplies excessive efficiency, sturdy safety, and flexibility, giving builders the instruments to construct and launch DePINs effectively whereas enabling customers to attach, contribute, and earn from numerous DePIN initiatives.

CoinList’s partnership with 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, marking a key step in driving the expansion and adoption of DePIN expertise. With a approach to earn with This marketing campaign to get entry to $U2U tokens earlier than they hit the market.

Customers now have a chance to earn $U2U tokens by bridging $USDT on Owlto Finance to obtain $pUSDT after which staking $pUSDT within the U2U Incentivized Staking Pool. A reward pool of 10,000,000 $U2U tokens has been allotted for this initiative.

Timeline: 90 days, from twelfth Nov 2024 to tenth Feb 2025

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

Past its partnership with CoinList, U2U Community is ready to embark on an bold marketing campaign with Bitget, a world-leading cryptocurrency alternate and Web3 innovator. This collaboration marks one other vital step in U2U Community’s mission to broaden its attain and affect inside the DePIN ecosystem. Keep linked with U2U Community’s social channels for upcoming particulars about this thrilling enterprise.

The Future Goes On

As pleasure builds throughout the neighborhood from U2U Community’s pre-listing campaigns, the anticipated itemizing is ready to launch in This autumn 2024. With its imaginative and prescient to be a complete blockchain answer for DePIN, U2U Community is poised to take the blockchain area by storm, bringing sturdy innovation and worth to its ecosystem and customers alike. Because the itemizing approaches, the trail ahead for U2U Community guarantees thrilling alternatives and impactful contributions to the blockchain trade and past.

About U2U Community:

U2U Network is a modular L1 with subnet expertise that excellent match for DePIN. Their backers embody Chain Capital, IDG Capital, Cointelegraph, JDI Ventures, Kucoin Enterprise, V3V Fund, Web3Port, and others. The venture has additionally entered into partnerships with AWS, Klaytn Basis, IoTex, Waterdrip Capital, Chain Catcher, and so on. KOLs which have invested in U2U Community are KongBTC, Romano, ImNotTheWolf, Crypto Buzz, Antony, and so on.

Mainnet is prepared with greater than 180K pockets addresses. DePIN Subnet launched with U2DPN product with greater than 155K downloads, 59K contributer nodes, and 9K DAU in 3 months of launching. 80 dApps dedicated to constructing on chain (EVM-compatible) vary from crypto functions (Defi, Gamefi, SocialFi, and so on) to real-world eventualities (Storage, knowledge mining, and so on), and over 40 DePIN venture signed MOU and underneath integration, 25 different initiatives within the pipeline.

In regards to the host VTIS

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

VTIS is a hub for transformative improvements, serving as “The gateway to Vietnam’s rising expertise market”. VTIS connects world specialists, companies, traders, and tech fanatics throughout expertise sectors. Specializing in 4 themes—Fintech, AI, Blockchain, Gaming, VTIS will unlock market entry, partnerships, and funding alternatives for startups. Hosted by SSI and FPT Group and Organized by SSID.

Web site: Vtis.io

REFERENCE:

• High depin cash by market cap (no date) CoinGecko. Accessible here (Accessed: 12 November 2024).
• Kassab, S. (2023) The DePIN Sector Map, Messari Crypto Information. Accessible here. (Accessed: 12 November 2024).
• The all-time high 8 most funded Depin initiatives (in US $ million). Accessible here. (Accessed: 12 November 2024).