Latest news with #DePINs
Business Insider
2 days ago
- Business
- Business Insider
peaq and Pulsar launch Machine Economy Free Zone for the United Arab Emirates
Abu Dhabi, UAE, June 11th, 2025, Chainwire The far-reaching initiative aims to set the foundations for the Machine Economy in the United Arab Emirates (UAE) and will center on advancing regulation and investment frameworks, deploying robots (Physical AI) and physical infrastructure (DePINs), and driving relevant innovation in the region. peaq, the Machine Economy computer, and Pulsar Group, a leading Emirati venture studio and consultancy focused on tech and blockchain, unveil the world's first Machine Economy Free Zone, to be launched in Abu Dhabi and Dubai. The Machine Economy Free Zone (MEFZ) is a sandbox environment for a human-centric Machine Economy as envisioned by peaq — a society in which humans and machines co-exist, co-create value, and thrive together in the Age of Abundance. The MEFZ includes multiple facets, focusing on four core pillars: Regulation: As part of the MEFZ, peaq is working on the development and testing of a range of regulatory initiatives and sandboxes, such as compliant tokenization and investment into autonomous machines and robots. Deployment: peaq is working with Emirati partners to set up physical and virtual sandboxes where founders can experiment with new business models and deploy apps, devices and technologies aimed at powering more advanced smart cities. Investment: peaq is connecting top apps (DePINs) on peaq with the most visionary investment bodies and institutional partners in the region, enabling them to scale and deploy at lightning speed. Innovation Hub: peaq is establishing a regional innovation hub focused on supporting DePIN (Decentralized Physical Infrastructure) apps in research and development, deployment, and connection with 'demand side' organizations. Among the first initiatives to be tested in the MEFZ is a framework for Machine Tokenization, which aims to lower the barrier to entry for individuals to invest in more expensive robots and machines. A key element in peaq's 'Machine DeFi' vision for a decentralized financial system for robots, vehicles, and machines. The MEFZ will also include the world's first pilot of 'Universal Basic Ownership (UBO)' – an income stream directly tied to machine-generated profits, with no intermediaries. The goal of the UBO pilot will be to use the MEFZ to test how abundance generated by robots can be directly distributed to individuals and communities affected by job automation. peaq will also make the Emirates the center of its operations, setting up its new headquarters there. The Machine Economy Free Zone sets the foundation for a Machine Economy in the United Arab Emirates, boosting the nation's smart city and blockchain innovation through community-powered apps, networks, and machines, and paves the way to wider global adoption of this vision at a nation-state level. The Machine Economy is on the proverbial doorstep, driven by the rise of AI and robotics, also known as Physical AI. A world where machines create value autonomously with little to no human interference no longer seems like a utopian dream. Without Web3, though, this transformation can worsen the existing economic situation, with innovation and its benefits concentrated in the hands of a few companies. With peaq, these are the early days of a future where communities co-own, earn from, and govern the machinery the world runs on. These initiatives are the first on a long list that will create the environment for founders to build, deploy, create revenue, network, raise funds, go to market, and scale fast and with full regulatory compliance. The announcement follows the Machine Economy Days in Abu Dhabi and Dubai, which peaq and Pulsar organized earlier in the year. The successful events saw several apps (DePINs) building on peaq showcase their applications in action and make the case for Web3 as a vital part of smart cities before a distinguished audience of government officials and business decision-makers. The attendee list included His Highness Sheikh Zayed bin Suroor Al Nahyan as well as representatives of the Ministry of Economy, Abu Dhabi Department of Municipalities, Careem, Microsoft, and other top companies and government bodies. 'We're honored to be part of peaq's transformative journey. peaq is redefining what's possible for the future of the Machine Economy. By boldly bridging the physical and digital worlds through a decentralized, scalable, and sustainable Layer-1 blockchain, peaq is laying the foundation for a new era of real-world connectivity and autonomy. This is more than technology—it's a movement, and we're proud to help shape what comes next.' – Alyazi Al Khattal, CEO of Pulsar. 'The Machine Economy is no longer a far-fetched dream, it is a reality quickly shaping up before our very eyes,' says Till Wendler, co-founder of peaq. 'peaq makes this transformation work for everyone — and the Emirates, as one of the most innovative nations in the world, is the perfect place to pilot this vision, setting a template and example for the rest of the world.' About peaq peaq is the computer and operating system powering the global, human-centric Machine Economy. peaq empowers people to own and earn from the devices, robots, vehicles, and infrastructure they use. The peaq network is designed to be the go-to backbone for the Machine Economy, and is already home to more than 60 applications in 20+ industries and to millions of devices and machines that run on them. peaq serves as the permissionless, borderless infrastructure and financial system for increasingly intelligent machines to serve all of humanity as AI-driven job automation increases. An open economy that anyone can opt-in into and share in the Age of Abundance. For more information, users can visit peaq or follow peaq on Twitter/X for updates. Pulsar is a pioneering venture studio and consultancy based in Abu Dhabi, specializing in helping technology disruptors navigate complex regulatory environments, build strategic partnerships, and accelerate market expansion. Pulsar partners with bold tech disruptors and leaders of the digital economy. By leveraging their expertise in developing strategic frameworks and fostering collaboration with regional partners, Pulsar facilitates their partners' market adoption and growth in the UAE and the region. For more information, users can visit Pulsar. Contact PR Associate peaq
Yahoo
05-06-2025
- Business
- Yahoo
Your GPS tracker could be making you money—IoTeX's Jing Sun explains how
Your GPS tracker could be making you money—IoTeX's Jing Sun explains how originally appeared on TheStreet. Imagine a world where your solar panel, GPS tracker, or flight monitor earns passive income 24/7 — feeding valuable data to AI giants and global businesses. That's the world IoTeX is building. Co-founder Jing Sun says their platform is at the center of a new machine economy — where real-world devices plug into Decentralized Physical Infrastructure Networks (DePINs) and start generating real yield. Jing Sun started in venture capital, backing deep-tech startups across AI, data, and IoT. But things changed in 2017. 'We saw a huge vision,' she said. Inspired by the Ethereum whitepaper, she co-founded IoTeX, a Layer 1 blockchain designed to connect device data with AI models and traditional businesses. 'From 2010 to 2018, I was running venture capital, investing in groundbreaking tech startups—AI, data, IoT, and edge companies,' she shared. Now, that vision is reality. IoTeX powers networks where communities contribute data from devices like GPS antennas or solar panels and earn rewards from AI firms and enterprises. 'We connect device data from the real world and feed it into AI models, specifically vertical AI models,' Sun said. You've heard of DeFi. But DePIN might be crypto's most promising real-world use case. 'Messari coined the term in 2021,' Sun said. 'We call it MachineFi—the financialization of machine data or resources.' DePIN projects crowdsource infrastructure that used to be run by governments or big tech—think GPS, solar, and flight tracking—and bring it to underserved regions. 'DePIN creates coverage for underserved areas through community contributions,' Sun added. Projects like GEODNET (GPS), Glow (solar), and Wingbits (flight tracking) are already live on IoTeX. 'These are meaningful for society,' Sun said. And they're making real money. 'You and I can purchase devices, deploy them in our city, and operate them,' Sun said. These devices gather data—like location or energy output—sell it to networks, and pay you in tokens. 'It's a kind of basic income,' she added. 'You become an operator of a diverse machine network and earn rewards.' For example, a $300–$500 GEODNET node earns tokens by feeding precise GPS data into robotics systems. With IoTeX's DePINScan dashboard, you can track earnings in real time. It's plug-and-play crypto that anyone can do. Jing Sun says DePIN is a perfect fit for traditional investors. 'The business model is very clear,' she said. These networks have revenue, cost structures, and customer demand. 'You can value them like a traditional company—gross margins, unit economics, current revenue, and projections.' And it's working. IoTeX is already powering 100+ DePIN projects with $2.7B in total locked value. 'We see huge potential to onboard traditional investors to crypto through DePIN,' Sun said. Even Franklin Templeton named DePIN a top crypto theme for 2025. Looking ahead, IoTeX wants to power the next generation of AI agents and smart devices. 'AI agents will run on devices and need identities to monetize their work,' Sun said. Their tools like ioID and W3bstream give devices identity and verify their data. 'Machines will be the biggest users of blockchain for payments and automation,' Sun predicted—and IoTeX is already building the foundation. Your GPS tracker could be making you money—IoTeX's Jing Sun explains how first appeared on TheStreet on Jun 4, 2025 This story was originally reported by TheStreet on Jun 4, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hamilton Spectator
28-05-2025
- Business
- Hamilton Spectator
Hivello's 'Buy Back & Burn' Initiative to Support $HVLO Growth & Sustainability
LONDON and AMSTERDAM, May 28, 2025 (GLOBE NEWSWIRE) — Hivello, a DePIN aggregator that enables users to earn by monetizing idle (computing) resources across multiple DePINs (Decentralized Physical Infrastructure Networks), has announced plans to introduce a new 'Buy back and burn' initiative, designed to strategically support the long-term value and sustainability of its native token, $HVLO. Under this initiative, a variable percentage of Hivello's revenue will be allocated quarterly to buying $HVLO back off the open market and burning it, gradually reducing the circulating supply of $HVLO. This approach reflects Hivello's commitment to aligning its business growth with the broader health of its token economy, while reinforcing long-term incentives for its community. Additionally, making the HVLO token deflationary by linking it's supply to the performance of the rapidly growing Hivello network further aligns the token with the network for all participants. 'We've seen how buy back and burn models can boost trust and sustainability when executed correctly,' added Domenic Carosa, Co-founder & Chairman of Hivello. 'This initiative helps us stay community-first while building a stronger foundation for HVLO's future utility and growth.' About Hivello : Hivello is an aggregator of DePIN projects that allows any user to participate in a variety of DePIN networks with just a few clicks. This eliminates the technical hurdles that many users face when trying to join these networks, and allows users to earn passive income by mobilizing their idle aim to create a simple app that allows users to contribute their computer resources and earn passive income, with no technical knowledge required. It's as easy as downloading, installing, and running nodes, making complex technologies accessible and beneficial to all. Website | X | Discord | LinkedIn | Youtube Contact information: Karla Janse van Rensburg Marketing coordinator @ Hivello karla@ A photo accompanying this announcement is available at
Hamilton Spectator
27-05-2025
- Business
- Hamilton Spectator
Hivello x Banxa - $HVLO Token Available via Apple Pay & Credit Card
LONDON and AMSTERDAM, May 27, 2025 (GLOBE NEWSWIRE) — Hivello , a DePIN aggregator that enables users to earn by monetizing idle (computing) resources across multiple DePINs (Decentralized Physical Infrastructure Networks), announces that its native token $HVLO will soon be integrated with Banxa, a global fiat-to-crypto on-ramp solution trusted by leading Web3 platforms. This integration means that users in over 130 countries will be able to buy $HVLO directly using local fiat payment methods, including credit/debit cards, bank transfers, Apple Pay, Google Pay, and more. Crucially, users will not need to go through a centralized exchange, making it faster and simpler for anyone, regardless of technical expertise, to acquire HVLO and participate in Hivello's growing ecosystem. For Hivello, this marks a meaningful step forward in its mission to onboard millions of Web2 users into Web3. By integrating with trusted platforms like Banxa, Hivello is making it even easier and more accessible for anyone to participate in DePIN, enabling users to go from 'idle device' to contributor with just a few clicks, no prior crypto experience required. Not only is Hivello making DePIN more accessible through seamless fiat integration, but it's doing so at the right time. According to Messari's Q1 2025 DePIN Sector Report , the sector has already surpassed $50 billion in market cap and is projected to reach $3.5 trillion by 2028. With over 13 million devices contributing daily and $350 million in capital raised over the past year, DePIN is entering a phase of rapid expansion, and Hivello is building the infrastructure to bring everyone in. The integration is expected to go live in the coming weeks and HVLO will be supported directly within Banxa's interface. 'Banxa is a proven bridge between traditional finance and Web3,' said Holger Arians CEO of Banxa. 'This partnership accelerates our ability to reach users who've never touched crypto before. Our mission is to simplify access to the digital asset ecosystem. Partnering with Hivello allows us to empower millions of users to participate in the rapidly growing DePIN economy—easily, securely, and without friction. Users around the world can now go from fiat to HVLO in just a few clicks—and immediately start contributing to and earning from the decentralized economy.' 'This is a big step toward making DePIN truly accessible to the mainstream,' said Domenic Carosa, Co-founder & Chairman of Hivello. 'With Banxa, it's now easier for anyone to buy HVLO using regular payment methods—no crypto experience needed.' About Hivello : Hivello is an aggregator of DePIN projects that allows any user to participate in a variety of DePIN networks with just a few clicks. This eliminates the technical hurdles that many users face when trying to join these networks, and allows users to earn passive income by mobilizing their idle computers. We aim to create a simple app that allows users to contribute their computer resources and earn passive income, with no technical knowledge required. It's as easy as downloading, installing, and running nodes, making complex technologies accessible and beneficial to all. Website | X | Discord | LinkedIn | Youtube About Banxa : Banxa is a global on-and-off-ramp infrastructure provider that bridges the gap between traditional finance and digital assets. Operating in 130+ countries, Banxa offers fully compliant fiat-to-crypto payments, helping users and businesses access digital assets easily and securely. Website Contact information: Karla Janse van Rensburg Brand & Marketing coordinator @ Hivello karla@ A photo accompanying this announcement is available at
Yahoo
16-05-2025
- Business
- Yahoo
5 DePIN Projects Rebuilding Infrastructure in 2025
A new kind of infrastructure is emerging—quietly, efficiently, and without fanfare. It's called DePIN, short for Decentralized Physical Infrastructure Networks, and it's changing how the physical world gets connected. The idea is simple: replace bloated institutions and outdated middlemen with crypto incentives and a network of independent operators. Instead of centralized telecom giants, you've got individuals running devices from garages, rooftops, and back offices. Cell towers become community-powered. Sensor grids are crowdsourced. Cloud storage is distributed across thousands of independently operated machines. This isn't about permits or subsidies—it's about participation. Stake a device, provide coverage, contribute data or bandwidth—earn tokens. No corporate hierarchy. No red tape. Just a protocol and an open invitation. DePIN flips the model. You don't need a résumé to join—just the right hardware. You don't need permission—just a signal. It's peer-to-peer, edge-run, and open-source at its core. Here are five DePIN projects actively rebuilding real-world infrastructure in 2025—decentralized, token-powered, and already operating at scale. While most blockchains are scrambling to retrofit themselves for the DePIN wave, Peaq didn't have to pivot — it was created for this. 'Peaq was built to power DePIN before this Web3 section even got its name,' says co-founder Leonard Dorlöchter. '[Peaq's] clear focus on real-world applications is its defining edge.' Peaq's vision has always centered on enabling the Machine Economy, with DePIN as one of its core pillars. That vision runs through every layer of its infrastructure. 'Everything about Peaq is meant to empower DePINs in some way,' Dorlöchter adds. 'Its fundamentals give DePINs the quick and cheap transactions they need to scale. Its Modular DePIN Functions deliver builders ready-to-use key functionalities they need to build fast.' Beyond tooling, Peaq's DePIN Grant Program backs builders with enterprise partnerships, funding, developer resources, and go-to-market support. Its community is made up of DePIN-native pioneers, eager to back serious teams with serious ambitions. 'It's the kind of synergy only possible with a blockchain built end-to-end for DePIN,' Dorlöchter emphasizes. As DePIN projects lay down cables, spin up sensors, and stake hardware in the real world, most wouldn't function without The Graph pulling the strings in the background. 'The Graph isn't just another DePIN protocol—it's the protocol that powers other protocols,' says Nick Hansen, team lead at The Graph. 'It gives these projects mission-critical access to indexed blockchain data. Without it, you're basically flying blind.' The Graph functions as the data layer for DePIN, providing decentralized access to the information these projects need to operate. Its network of Indexers ensures that data remains open, reliable, and verifiable—foundational traits for any decentralized physical system. 'By simplifying data access, The Graph helps these projects run more efficiently and transparently,' Hansen adds. 'It's what brings the decentralized vision of DePIN to life.'. From environmental sensors to mobility infrastructure, The Graph bridges blockchain data with real-world systems, making it easier for DePIN builders to create applications that actually work—at scale, and without compromise. In the crowded landscape of decentralized cloud infrastructure, Flux is carving out a broader lane. 'InFlux Technologies (Flux) stands out from other DePIN competitors because of the depth of services we provide,' says CEO Daniel Keller. 'There are numerous decentralized cloud computing networks, but how many of those only provide cloud computing?' Flux isn't limiting itself. Built on global infrastructure, it enables unlimited localized deployment scenarios and integrates decentralized AI at its core. 'We've introduced a new operating system, called Arcane, into our decentralized computing marketplace—FluxEdge—that enables private container deployment for secure application environments,' Keller explains. But the real differentiator? Strategic execution. Flux is actively onboarding Web2 giants into the Web3 world. 'We just partnered with NVIDIA and NexGen Cloud to provide top-of-the-line GPU hardware at ridiculously affordable rates,' says Keller. With a focus on privacy, partnership, and practical scaling, Flux is turning DePIN from concept to compute-ready reality. In the overcrowded world of decentralized cloud infrastructure, Flux isn't just competing—it's expanding the category. Helium has quietly become one of the most established players in the DePIN space, building a decentralized wireless network powered by everyday users who earn HNT tokens for providing coverage. 'We started as an IoT network, but we've since expanded to a mobile network—and now we support both,' said Abhay Kumar, protocol lead at Helium Labs. What sets Helium apart is how it abstracts the crypto layer from the end user. 'The hotspot owner gets paid in HNT. The carriers burn HNT. But the subscriber just pays with a credit card,' Kumar explained. That model is gaining traction. In a single weekend, over 900,000 unique phones connected to Helium hotspots. Through a new partnership, AT&T subscribers can now access Helium's network across the U.S., expanding coverage to thousands of new locations built and maintained by individuals. AT&T is also adopting Helium's real-time coverage quality metrics. 'The winners,' Kumar said, 'will be the ones who solve for demand." Helium is already answering. 'There hasn't been a new approach to mapping since Waze in 2012,' says Ariel Seidman. 'Hivemapper is like Waze—but with eyes, intelligence, and rewards.' Forget apps. This is a self-running, edge-powered mapping system built for the real world. At its core is the Bee—a purpose-built device that captures spatial AI data and processes it mid-drive. 'The Bee updates the map in near real time,' says Ariel Seidman, CEO of Hivemapper. 'Every drive is edge-processed, no heavy servers.' No server farms. No lag. Just raw data, converted into live maps as the world shifts—lane by lane, sign by sign, block by block. That real-time responsiveness feeds into Hivemapper's DePIN architecture: a decentralized network of drivers and fleets turning the world into constantly refreshed, high-res map data. Contributors don't just feed the system—they get paid for it. 'Our decentralized system removes the bottlenecks,' Seidman says. 'And by running computer vision directly on the Bee, we can power everything from autonomous vehicles to logistics platforms with constantly refreshed, high-res map intelligence.' The pitch is simple: faster maps, smarter data, no middlemen. Just hardware, vision models, and a token incentive system that actually works.
