EchoLink’s Triumph on LBank Launchpad: Revolutionizing IoT with PoDW Mechanism

Celebrating its fourth Launchpad success with EchoLink, LBank achieves a milestone in the realms of Decentralized Physical Infrastructure Networks (DePIN) and the Internet of Things (IoT).

EchoLink introduces a groundbreaking Proof of Device Work (PoDW) mechanism, revolutionizing data interaction and garnering immense interest. The event saw a remarkable 130,425,381 USDT raised from 74,164 participants, highlighting the growing enthusiasm in this dynamic sector.

The native token of EchoLink.Network, $Echo, is poised to debut on LBank and commence trading on January 26th at 06:00 (UTC), marking a crucial moment for this evolving ecosystem.

EchoLink, a DePIN-oriented IoT oracle on the Solana blockchain, serves as a transformative gateway for numerous IoT devices. Beyond being a mere bridge, it amplifies device capabilities through the innovative PoDW mechanism, reshaping data interaction fundamentally.

Key to EchoLink is its dedication to data privacy and security, utilizing Zero-Knowledge/FHE technologies to cloak data and ensure integrity when reaching oracle nodes. EchoLink’s unique proof mechanism assesses rewards for each device unit seamlessly, aligning effort with value.

EchoLink provides a comprehensive toolkit, merging software SDK and hardware design, laying the groundwork for diverse DePIN projects. It signifies more than just infrastructure; it’s the foundation for future IoT blockchain integration, fostering a secure data flow and genuine contribution-based reward systems.

The participation rules for $ECHO mirrored the successful model of previous events, rewarding active users based on their daily average holdings and trade activity on LBank.

Official listing details for $ECHO:

  • Token Distribution Time: January 25th, 13:00 (UTC)
  • Trading Time: January 26th, 06:00 (UTC)
  • Withdrawal Time: January 28th, 06:00 (UTC)

EchoLink ($ECHO), a pioneering project in DePIN and IoT on the Solana blockchain, stands as a bridge between the physical and digital worlds, fostering a transparent and community-driven ecosystem with its decentralized approach.


Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

Follow Us

Top Selling Multipurpose WP Theme


Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!


Crypto feed news

Our team of crypto enthusiasts and market mavens is on a mission to deliver the latest, juiciest, and most insightful updates from the ever-evolving world of cryptocurrencies.

@CryptoFeedNews 2023 All Right Reserved. Designed and Developed by TheDevThingz

Skip to content