As more people recognize its transformative potential in reshaping the digital landscape, the DePIN industry is experiencing significant growth and attracting widespread attention. Recently, CoinList conducted a survey asking users, 'What category of projects would you most like to see on CoinList?' DePIN emerged as the top choice, proving its increasingly important status. Subsequently, the Layer 1 project focused on DePIN, U2U Network, announced its collaboration with CoinList to launch mainnet incentive activities. This means U2U Network is the first DePIN project to initiate a growth campaign on CoinList in Q4 2024.
U2U Network is supported by Kucoin Ventures, Chain Capital, IDG Blockchain, JDI, Cointelegraph, Crypto Assets Japan, and V3V Ventures. It is a modular L1 network that employs advanced Directed Acyclic Graph (DAG) technology and Ethereum Virtual Machine (EVM) compatibility to provide fast transactions and rapid finality.
U2U Network aims to address the decentralization of the DePIN market, where comprehensive integration across applications is rare. Its vision is to create a complete blockchain solution for DePIN. The network's unique subnet technology allows for the creation of customizable independent subnets, providing tailored scalability and flexibility for DePIN applications. This design offers high performance, robust security, and adaptability, providing developers with efficient tools to build and launch DePIN while enabling users to connect, contribute, and profit from various DePIN projects.
The collaboration between CoinList and U2U Network reflects both parties' shared commitment to advancing the DePIN field. The U2U incentive mainnet activities underscore this collaboration, marking a key step in promoting the development and adoption of DePIN technology.
Imagine that users can simply bridge $USDT on Owlto Finance to receive $pUSTD and then stake $pUSDT into the U2U incentive staking pool to earn $U2U, getting a head start on earning $U2U. A massive reward pool of 10,000,000 $U2U tokens is up for grabs.
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In addition to its collaboration with CoinList, U2U Network will also engage in a significant initiative with the cryptocurrency exchange and Web3 innovator Bitget. This partnership marks another important step in U2U Network's mission to expand its influence and impact within the DePIN ecosystem.
As the pre-launch activities of U2U Network generate excitement within the community, the anticipated listing will commence in Q4 2024. U2U Network's vision is to become a comprehensive blockchain solution for DePIN, bringing powerful innovation capabilities and value to its ecosystem and users.
