DePIN Heads to Tokyo 🗾

GM and happy Friday! Matt here, serving up the latest news with DePIN Digest.

This week, Solana heads to Japan for the DePIN Tokyo event, showcasing projects such as Wingbits, DePHY, ARO Network, and more. 

Meanwhile, Helium supercharged its tokenomics by announcing that 100% of subscriber revenue will be allocated to burning $HNT. The resulting token deflation could definitely liven up the party at the Helium House event in Abu Dhabi.

Let’s rock! 🎉

🤝 Partnerships & Integrations

Speaking of parties, a lot of projects have reasons to celebrate some collaboration:

• Polyhedra x Aethir Ecosystem (Partnership)

• Gaia x Exabits (Partnership)

• Big Water X FIO (Partnership)

• Aethir x Sogni (Integration)

• NodeOps Network ZooFinance (Integration)

• Solana Bonds x Hivello (Integration)

More collaboration means more value.

🌍 Mapping & Computing

Nobody knows incentives like DePIN, and the results in mapping have been massive. NATIX Network charted over 200 million km (triggering a giveaway!) while Hivemapper is swiftly approaching 600 million km mapped. They also announced their Explore Your Region event with 50k in $HONEY rewards.

These numbers are massive, but Io.net can surely calculate after hitting 20 million total compute hours. Tashi Network is also ramping up, hitting 22,000 nodes within 10 days of launching Alphanet, while Akash Earnings API has gone live, and Kaisar Network announced upgrades to the Provider App.

💎 Tokens & Incentives

All that token value floating around means greater incentives:

• Gate.io launches 50% Fixed Term APR for $PEAQ

• 10m $AUKI tokens burned

• Binance Futures to Launch $CUDIS USD-M Perps

• New $CUDIS staking pool goes live

• CUDIS goes live on Byreal with $1m in prizes

• Titan receives $150k grant from Filecoin

Supercharged rewards are definitely the way to grow.

💡 Innovation Spotlight

Upgrades like these are the bread-and-butter of DePIN, which is why USD AI’s first partner incentive on Arbitrum and public launch are such a big deal. We also saw Gradient Network release more information on its RL framework “Echo” this week, along with Tenderly kicking off its Peaq Explorer.

But that’s not all – some more tantalizing innovations include: 

• TouchBrick completes first milestone of Peaq's DePIN Grant Program

• ICN Top-Up & Stake Platform Goes Live

• Geodnet scores 37.5/40 on Blockworks' Token Transparency Framework

• Peaq scores 40/40 on Blockworks' Token Transparency Framework

🤖 Robotis & Telecoms

AI-focused DePINs have been making progress, as outlined in IoTex’s July Recap. The company reveals IIP-48 outcomes and announces Crypto’s Got Talent season 2. Tending the fields, Grass revealed ClipTagger-12b, deployed by Inference.

Telecoms also tapped into the conversation, as World Mobile released more impressive growth stats, and Wayru launched an eSIM. 

Finally, Dabba Network updated us on their progress with issue #11 of Dabba News.

📋 Updates & Reports

On the subject of updates, here are some reports to read over if you want to dive even deeper into the DePIN waters:

• Filecoin Weekly Update

• ICN Milestones and Recap

• BrushO Network Weekly Updates

• Beamable Network Developer Signups Reach ATH

• Silencio Token Burn Stats Update

• XMAQUINA DAO Proposal BOT-04 (Agility Robotics shares)

• XNET Welcomes James Childs as new CEO

• Geodnet GIP-7 and 8 Open for Voting

• Onocoy Supply Team Secures 100 GNSS Stations in Malaysia

👋 See you next week!

Stay tuned for Monday’s video recap as well as other news & updates on DePIN. 

To stay fully in-the-know, follow Matt, Will, and DePIN Digest on X!