The inaugural DePIN Alliance Yacht Party, recently held as a glamorous kickoff for the groundbreaking initiative, marked a significant milestone in the world of decentralized physical infrastructure networks (DePIN). Hosted by U2U Network, Chain Capital, and JDI Ventures, the event successfully brought together leaders and innovators from across the globe, setting the stage for a transformative approach to global infrastructure challenges. This event attracted notable leaders from IoTeX, Bmoon, Borderless Capital, MVL Chain, Deeplink Chain, NOTT, Aethir, Witness Chain, Powerpod, AzCoiner, Farmsent, Hashlock, Haven1, ATOR, and Hotspotty, among others. This festive gathering not only showcased the potential of DePIN but also served as a precursor to a more significant announcement.
This illustrious gathering also marked the official launch of the DePIN Alliance, an initiative established by U2U Network, Chain Capital, JDI Ventures, and Social Live. The DePIN Alliance harnesses decentralized technology to create robust, accessible, and community-empowering infrastructure networks that drive innovation and promote sustainable development worldwide. The vision of the DePIN Alliance is bold and transformative, foreseeing a world where communities are empowered through accessible and resilient infrastructure.
Furthermore, the Alliance is dedicated to supporting cutting-edge research and development initiatives that push the boundaries of what decentralized technologies can achieve. This approach not only addresses the immediate needs of communities but also ensures long-term benefits, such as reduced environmental impact, increased resilience to global challenges, and enhanced social equity. By driving widespread adoption and educating communities, policymakers, and businesses about the practical benefits of DePIN solutions, the Alliance seeks to foster a new era of infrastructure development that is not only technologically advanced but also sustainable and beneficial to society at large.
The governance of the DePIN Alliance includes a council comprising leading venture capital investors such as Chain Capital and JDI Ventures, which specialize in DePIN investments, Social Live – The Protocol for Building Web3 Social Media, alongside U2U Network, the largest layer 1 blockchain network focusing on DePIN in Southeast Asia. The Alliance also boasts many top-tier VC firms and DePIN projects as members, including LBank, Blockus, Lightnet, Farmsent, Ktro Media, W Tech Labs, Zero1 Labs, Nott, Nimbus, and more. This council is actively seeking to expand its membership to include influential key opinion leaders and reputable Web3 organizations, thereby incorporating a diverse range of insights and expertise.
Members of the DePIN Alliance will gain access to many benefits such as exclusive industry insights, networking opportunities with key stakeholders, participation in collaborative projects, early access to research findings, and discounts on events and seminars. These benefits are designed to foster an environment of growth and innovation among its members.
Looking ahead, the DePIN Alliance has outlined a clear and ambitious roadmap for its development. Over the next two weeks, the Alliance plans to launch its official website and social media channels to facilitate communication and engagement. Within the next four weeks, it aims to onboard 20 pioneering DePIN projects. The next three months will see the hosting of the first DePIN Summit, establishing key partnerships that will further the Alliance’s goals. Over the next six months, the Alliance plans to expand its membership to include over 50 members and launch several collaborative projects that will demonstrate the practical applications of DePIN technologies. Within a year, the Alliance will release industry standards and a bi-annual report detailing the progress and developments within the DePIN sector.
The DePIN Alliance is steadfastly expanding its membership, ensuring a wealth of resources and fostering both the Alliance’s growth and the development of each individual member. This deliberate expansion underscores a commitment to creating a dynamic and collaborative environment, driving collective progress and innovation.
To become a member of the DePIN Alliance, interested parties are encouraged to follow the Alliance’s activities on X, join the Telegram group for real-time discussions, submit a membership application for approval, and actively participate in community initiatives and working groups.
The DePIN Alliance represents not just a technological shift but a paradigm shift in how infrastructural projects are conceived, developed, and implemented. It stands at the forefront of blending technological innovation with practical, community-focused solutions.
About U2U Network:
U2U Network is a pioneering modular chain built on top of DAG and compatible with EVM. Setting sights on becoming a comprehensive ecosystem for Web3 builders, U2U Network is dedicated to delivering a robust infrastructure emphasizing a Modular Layer-1 Network and a DePIN Ecosystem. Leveraging the innovative Helios Consensus mechanism, U2U Network’s Modular architecture bring an impressive throughput of 17,000 transactions per second (TPS) and a finality time of approximately 350 milliseconds, ensuring high performance, efficiency, and Ethereum Virtual Machine (EVM) compatibility. All this makes our network structure a perfect fit for DePIN.
Learn more about U2U Network:
X (Twitter) | Telegram | Discord | YouTube | CoinMarketCap | CoinGecko