According to ChainCatcher, during the industry conference DePINsubmit hosted by EV3, the head of the DePIN & Edge AI project Network3 ecosystem revealed in a panel with IoTeX Founder: Network3 will start pre-sale of the first batch of physical mining machines at 10 a.m. California time on August 20, 2024. The physical mining machine can participate in dual mining of IOTEX tokens and Network3 tokens at the same time.

It is reported that Network3 has achieved 5.5 million USD in pre-seed and seed rounds of financing. The next round of financing has already started, and many leading institutions have confirmed their participation. The official claimed that the Network3 project token $N3 has now started the listing process.