GENIUS Moves & Multi-Miner Mania

GM and happy Friday! Matt here, feeling a bit smarter with the GENIUS Act officially passed.

The regulatory framework is now in place for the institutional adoption of crypto, with even PNC partnering with Coinbase to allow purchases directly from customer bank accounts. 🏧

Needless to say, BIG things are happening. 👣

The crypto market cap briefly surpassed $4 trillion on the news, while DePIN briefly hit over $22 billion.

This market shift comes at the perfect time, as funding for DePIN projects ramps up and projects work hard to bring stunning new releases! 💎

⚡ DAWN Black Box Multi-Miner

Charging ahead at full speed is DAWN with its Black Box multi-miner – all your favorite DePINS in one sleek box. Partner projects include:

🤝Storj (Decentralized Storage)
 🤝Arcium HQ (Encrypted Data)
 🤝Helium (Decentralized Wireless)
 🤝Pipe Network (Content Delivery)
 🤝Inference (Artificial Intelligence)
 🤝Blockcast (Content Delivery)
 🤝FortyTwo (Swarm Intelligence)

And more!

💡 Innovation Spotlight

Hivemapper is abuzz, shipping more Bee devices, as Session sent a new Android app update, and Wicrypt integrated crypto purchases for their devices.

Meanwhile, Titan combined Testnet 3 and 4 on its Mac Client, Geodnet launched a vote for its new prototype, and DATS announced a Node landscape competition.

Anyone Protocol went live on Base and quickly crossed 1,000 registered “.anyone” names, and Aethir closed in on a staggering 1 billion hours of compute delivered.

That’s 11,455 years of computing! 🤯

🤝 Partnerships & Integrations

DAWN wasn’t the only one making headlines in the partnership department this week:

🤝 AethirCloud x Credible (Partnership)
🤝 AYDO x IG3 (Partnership)
🤝 Silencio x Cuebiq (Partnership)
🤝 DATS x Spheron (Partnership)
🤝 Timpi x MASQ (Partnership)
🤝 Theta Network x George Mason University (Partnership)
🤝 Koii x DePIN Union (Partnership)
🤝 Teneo x Galaxis (Partnership)
🤝 IoTex x U Power (Partnership)
🤝 Geodnet x DroneDash Malaysia (Partnership)

DePIN is proof that teamwork makes the dream work!

🌐 DePIN Sectors

Peaq lept to new heights for L1, hitting 50+ DePIN projects on their network, while new listings on WEEX and Pionex drove demand for the native $PEAQ token. Messari also released its State of Peaq Q2 report, highlighting various metrics of the Peaqosystem as Pancake Swap’s $CAKE stakers begin receiving $PEAQ rewards and KaitoAI rewards begin paying out.

Mapping out milestones, the ROVR network surpassed 20 million kilometers mapped after releasing their new app. Map Metrics broke down the need for the switch to hyper-local data, and WiFi Map boasted 97,206 speed tests in a week while highlighting over 1 million unique active wallets. 

Blazing trails for telecoms, Dabba built a massive bridge by closing a 5,000 hotspot enterprise deal and boosted user adoption by giving an in-depth breakdown of the Dabba ecosystem.

Bandwidth increased this week as Ping Network shared how to maximize rewards from their airdrop and detailed the process of their NFT verification. Meanwhile, Titan had some fun with their third meme challenge and teased details of their Referral Program.

As you can probably tell, things are heating up for DePIN. 🔥

💎 Tokens & Incentives

Financial ecosystems thrive on incentives, and DePIN doesn’t disappoint:

• Arkreen went live with round 8 of their retroactive value boost

• Geodnet burned 390,000 $GEOD tokens

• Onocoy’s $ONO token went live

• Teneo announced its giveaway winners

• Timpi Node Sale is starting July 29th

• DeEEP Network's DIN NFT sale kicked off

• Nubila shared details of its ambassador program

• Datagram reiterated its July 27th ambassador application deadline

• Nodle Network announced its staking pool

• Bistroo announced an eat-to-earn program (uhh, sign me up? 🍽️)

📋 Updates & Reports

In case you’re a bit of a DePIN nerd (like me), here are some reports to sink your teeth into once you’re done with the Messari State of Peaq:

• PowerPod recapped their event in SEA

• Arkreen outlined their experiences at DePIN Summit Africa

• BrushO Network issued another Weekly Update

👋 See you Next Week…

…with another issue of the Digest! Be sure to follow Matt, Will, and DePIN Digest on X for the full scoop.

Have a fantastic weekend, and we’ll see you soon!