23 September, 2024
DePIN Updates: Borderless Capital Launches $100M Fund, Aethir Embraces Filecoin, and More
23 September, 2024
The decentralized physical infrastructure (DePIN) space is heating up, with exciting new developments emerging from key players. Here’s a rundown of the latest news:
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- Borderless Capital, a leading venture capital firm, has announced the launch of a $100 million fund dedicated to investing in DePIN projects. This significant investment signals a strong belief in the transformative potential of this technology, which aims to bridge the gap between the physical and digital worlds.
- Aethir, a pioneering AI and Web3 company, has forged a strategic partnership with Filecoin, a decentralized storage network. This collaboration will enable Aethir to leverage Filecoin’s secure and efficient storage capabilities to further its AI and Web3 initiatives.
- Fluence, a decentralized compute platform, has introduced a staking feature for its users. This allows users to earn rewards by contributing their computing power to the network, thereby increasing the platform’s overall security and performance.
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These developments underscore the growing momentum and innovation within the DePIN sector. As these projects mature, they have the potential to revolutionize industries ranging from logistics and supply chain management to energy and infrastructure, ushering in a new era of interconnectedness and efficiency.