Decentralized Physical Infrastructure Networks (DePin) are revolutionizing real-world infrastructure by enabling decentralized projects to reshape industries. From decentralized wireless services to AI-driven innovations, the DePin space has been buzzing with activity. Here are some of the latest developments.
VanEck Invests $2.5M in DAWN
VanEck has made a bold move into the DePin sector with its $2.5 million investment in DAWN (Decentralized Autonomous Wireless Networks). DAWN is working to create a decentralized wireless service provider, which VanEck describes as an “AirBnB for the internet.”
In a statement, VanEck highlighted the limitations of legacy internet infrastructure:
While this is a rare DePin investment for VanEck, it demonstrates the growing potential of decentralized wireless networks to challenge traditional ISPs.
Exabits Raises $15M in Seed Funding
Exabits, an AI GPU tokenization startup, secured $15 million in seed funding, bringing its valuation to $150 million. The company tokenizes GPU resources, allowing fractional ownership and enabling greater access to AI compute power.
This funding marks a 300% quarterly revenue increase for Exabits. As GPUs play a crucial role in AI and DePin ecosystems, this innovation could significantly impact the growing demand for decentralized AI services.
IoTeX Advocates for Clear Regulations
IoTeX, a leader in DePin modular infrastructure, has joined the Blockchain Association to push for better regulations in the space. In a recent blog post, CEO Raullen Chai emphasized the importance of collaboration with policymakers to create a thriving DePin ecosystem.
“By joining the Blockchain Association, IoTeX aims to unlock the full potential of decentralized infrastructure under clear and consistent regulation,” Chai stated.
IoTeX is working with other DePin leaders, including Hedera and Helium, to ensure a regulatory environment that fosters innovation.
Karrier One Launches Decentralized WiFi Hotspots
Karrier One has launched its decentralized WiFi hotspot devices, leveraging the Sui blockchain to expand internet access. Users providing WiFi offloading services to carriers can earn KONE tokens.
This initiative aims to address underserved areas and relieve the strain on traditional telecom providers. Karrier One’s close collaboration with the Sui network has been essential to the project’s development, demonstrating how blockchain can bridge connectivity gaps.
Conclusion
DePin projects like DAWN, Exabits, IoTeX, and Karrier One are leading a wave of innovation in decentralized infrastructure. From transforming wireless networks to advocating for better regulations, these updates highlight the potential of decentralized technology to reshape real-world infrastructure.
