PINGPONG announced the launch of the Compute Resource Exchange to convert computing power into liquid and tradable assets. (Previous summary: Grass fluctuated and rose after the airdrop! What is the charm of the combination of AI and DePIN?) (Background supplement: In-depth interpretation of Bittensor: the decentralized computing power market with ambitions to rewrite the AI ​​landscape) This article is edited by Guangdong and written by PINGPONG. It is provided and does not represent the position of Dongzhong, nor is it investment advice, purchase or sale advice. See the liability warning at the end of the article for details. PINGPONG announced today (11th) the launch of its computing resource exchange platform (Compute Resource Exchange), which converts computing resources into liquid and tradable assets, allowing users to access, trade and invest in structures supported by real computing resources financial products. Why trade computing resources? With the rapid advancement of technology, computing resources have become the backbone of many modern applications and have gradually evolved into an indispensable asset in daily life, forming a US$1 trillion market. The emergence of PINGPONG computing power resource exchange allows users to easily invest in assets supported by computing power resources and create diversified profit opportunities. PINGPONG's computing power resource exchange PINGPONG is the world's first computing power resource exchange, converting computing power resources into circulated and tradable assets. PINGPONG Multi-Mining App: Convert idle resources of personal computers into passive income. After the successful launch of Grass, many users received airdrop rewards of more than $500 by donating their idle bandwidth, attracting More users are willing to contribute their computer computing resources to the decentralized network to earn passive income. PINGPONG Multi-Mining App allows users to easily utilize idle computing resources to mine in parallel in 13+ decentralized networks, including popular projects such as Grass, DAWN, Nodepay, Blockmesh, 0G, Hemi, Soneium, Nesa, Titan, etc. , and more projects will be integrated regularly. PINGPONG Computing Resource Exchange: Standardizes and trades computing resources. PINGPONG has created an on-chain calculation verification system and an on-chain settlement protocol to commercialize computing resources and enable issuers to list any structured finance based on computing resources on PINGPONG. products and conduct transactions.This infrastructure converts computing resources into freely tradable assets, similar to traditional financial commodities. First Asset Issuance: Mining-Backed Yield-Enhancing On-Chain Forward Contracts Our first core asset is a mining-backed yield-enhancing on-chain forward contract. These contracts allow users to purchase tokens, such as $ATH, at a 10% to 20% discount to the current spot price, and set a delivery period of 90 or 180 days. The chart below shows how to provide users with competitive returns despite price fluctuations. Forward contracts on the PINGPONG platform allow buyers to obtain leveraged long positions without collateral, which allows users to enter at a discount of 10%-20%, thereby expanding potential returns. These tokens come directly from mining rewards, ensuring their value and low-cost entry. Considering $ATH is currently trading at all-time lows, this presents an attractive and risk-manageable entry opportunity for income-oriented investors. Future plans to expand product categories: launch more structured financial products based on computing power resources on the PINGPONG platform and supported by its on-chain settlement system. Establish a secondary market: Develop a secondary market for structured products with strong liquidity and relatively low liquidity to further enhance the liquidity and tradability of assets. About PINGPONG PINGPONG is the world's first computing resource exchange, converting computing resources into liquid and tradable assets. The main products include: PINGPONG Multi-Mining App: Easily utilize the idle computing power resources of the computer to mine on 13+ decentralized networks. PINGPONG Computing Resource Exchange: A market that enables everyone to obtain financial products based on computing resources and combines traditional finance with the Web3 field. Follow PINGPONG: This article is not intended to provide any investment, asset advice or legal advice and should not be considered an offer to buy, sell or hold assets. Any services, solutions or tools mentioned in the content of Guangxuan manuscripts are for reference only, and the final actual content or rules are subject to the announcement or explanation of the contributor. Dongguan is not responsible for any possible risks or losses and reminds readers to proceed. Be sure to check carefully before making any decisions or actions. Related reports Is mining Bitcoin no longer fun? Mining company Northern Data plans to sell its mining business to "focus on AI computing power" and its stock price jumps. In-depth interpretation of Bittensor: Ambitions to rewrite the decentralized computing power market in the AI ​​landscape. Is the non-nuclear homeland ruined? Jen-Hsun Huang: Nuclear power is a "good choice for power supply" for AI computing power centers; the United States is expected to triple the expansion of nuclear power plants "PINGPONG launches computing power resource exchange: Create discounted forward contracts and earn structural income without mining" This article was first published Yudong District BlockTempo (Dong District Dongzhi - the most influential blockchain news media).