VC Roundup: Crypto fundraising grows, but investors are more wary
This edition of Cointelegraph’s VC Roundup features Parfin, Andrena, Blockscout, and Cartridge. Go to Source
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Andrena Raises $18 Million to Develop Solana-Based Depin Broadband Protocol Dawn
Andrena, a U.S.-based internet service provider, has announced the completion of an $18 million extended Series A funding round led by Dragonfly Capital, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures, and Parafi. The funds will be used to develop Dawn, a Solana-based decentralized broadband distribution network. Andrena Raises $18 … Read more
How DePin is shaping the future of crypto — Polygon Labs exec
Real-world tokenized assets returned an average of roughly 213% this year, making the sector one of the highest-performing in the industry. Go to Source
Hashing It Out: The era of decentralized physical infrastructure networks
In this episode of Hashing It Out by Cointelegraph, host Owusu Akyaw interviews Pavel Bains, co-founder and CEO of Bluzelle, about decentralized physical infrastructure networks (DePINs). Go to Source
Aethir and APhone unveil 10x scaling solution slashing mobile user costs by 90%
The strategic partnership promises significant benefits for the users of the decentralized smartphone, including 90% cost reduction and faster Web3 native mobile apps thanks to Aethir Edge. Go to Source
Bitrue Ventures launches Web3-focused $40M investment fund
Bitrue Ventures’ new fund aims to support Web3 startups with up to $200,000 in investment, offering extensive industry resources. Go to Source
DePin Helium Mobile releases first post-roadmap progress update
Decentralized physical infrastructure networks represented the fourth most profitable sector for investors in the first half of 2024. Go to Source
SingularityNET and Filecoin partner for AI and DePIN
SingularityNET and Filecoin collaborate to integrate decentralized AI and DePIN, emphasizing ethical AI development and decentralized infrastructure. Go to Source
Uplink CEO: Depins Enable Companies to ‘Bootstrap the Deployment Stage’
Decentralized Physical Infrastructure Networks (Depins) have the potential to connect companies or projects in markets or locations with limited internet connectivity, all without requiring telecom companies to invest billions of dollars in infrastructure. Additionally, Depins assist existing infrastructure in accommodating the ever-growing number of devices that require internet connectivity. Depins Can Help Telecom Companies Save … Read more
AI Depin Project Grass to Implement Rewards Distribution Using Solana
Grass, an artificial intelligence Depin project, has announced the inclusion of Solana wallets as part of its ongoing rewards distribution process. Grass stated that this new addition will allow them to track the origin of each piece of scraped data and reward the node providing this info according to its relative value. AI Depin Project … Read more