As more people recognize its transformative potential in reshaping the digital landscape, the DePIN industry is experiencing significant growth and gaining widespread attention. Recently, CoinList conducted a survey asking users, 'What categories of projects would you most like to see on CoinList?' DePIN emerged as the top choice, demonstrating its increasingly important position. Subsequently, the DePIN-focused Layer 1 project U2U Network announced a partnership with CoinList to launch a mainnet incentive event. This means U2U Network is the first DePIN project to initiate a growth event on CoinList in the fourth quarter of 2024.
U2U Network, supported by Kucoin Ventures, Chain Capital, IDG Blockchain, JDI, Cointelegraph, Crypto Assets Japan, and V3V Ventures, is a modular L1 network that uses advanced Directed Acyclic Graph (DAG) technology and Ethereum Virtual Machine (EVM) compatibility to provide fast transactions and quick 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, equipping 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 the shared commitment of both parties to advance the DePIN field. The U2U incentive mainnet event emphasizes this collaboration, marking a key step in promoting the development and adoption of DePIN technology.
Imagine users simply bridging $USDT on Owlto Finance to receive $pUSTD, then staking $pUSDT in the U2U incentive staking pool to earn $U2U, thus earning $U2U ahead of others. A massive reward pool of 10,000,000 $U2U tokens is up for grabs.
Event Duration: 90 days, 2024.11.12 - 2025.2.10
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In addition to its partnership with CoinList, U2U Network will also engage in a significant event with cryptocurrency exchange and Web3 innovator Bitget. This collaboration marks an important step in U2U Network's mission to expand its influence and impact within the DePIN ecosystem.
With U2U Network's pre-launch event generating excitement in the community, the anticipated listing is set to kick off in the fourth quarter of 2024. The vision of U2U Network is to become a comprehensive blockchain solution for DePIN, bringing strong innovation capabilities and value to its ecosystem and users in the blockchain space.