According to Foresight News, IoTeX has released the list of projects selected for the second phase of its DePIN Surf Accelerator. A total of nine projects have been chosen, including Nubilia, Qualoo, Sweatemple, Scannit, Bedrock, Quenta, Magma, Pinswap, and Loxodrome. These projects cover a range of applications such as climate monitoring, network quality management, smart fitness, consumer data verification, and DeFi protocols with DePIN features.

DePIN Surf is an accelerator program initiated by the IoTeX Foundation in collaboration with FutureMoneyGroup and Borderless, among other organizations. The program aims to support innovative early-stage projects in the DePIN sector by providing capital, incubation, and marketing support. Additionally, it offers in-depth guidance from leading DePIN funds and project partners to help these projects grow into industry leaders.