In the current blockchain field, the decentralized physical infrastructure network (DePIN) sector is experiencing significant growth. Recently, a survey conducted by the CoinList platform showed that DePIN ranked first in the category of projects that users are most looking forward to seeing, which fully reflects the widespread attention in this field.
Against this backdrop, U2U Network, an L1 project focused on DePIN, announced a partnership with CoinList to launch an exclusive incentivized mainnet event, becoming the first DePIN project to launch a growth plan on CoinList in the fourth quarter of 2024.
DePIN trend is strong, U2U Network provides "new infrastructure"
As one of the most promising technologies today, DePIN is responding to the doubts about the blockchain industry. This technology is not a flash in the pan, but a fundamental change in infrastructure management. By decentralizing core services such as computing, energy, and telecommunications, DePIN demonstrates scalability, resilience, and cost-effectiveness that traditional centralized systems cannot achieve. This innovation not only promotes technological progress, but also creates wealth growth opportunities for groups outside the traditional economic system.
Market data shows that the DePIN sector is developing strongly. According to Coingecko statistics, the market value of this sector has exceeded US$33.6 billion. A report released by Messari in 2023 even predicted that the DePIN market potential is as high as US$2.2 trillion, and it is expected to grow to US$3.5 trillion by 2028. At present, major DePIN projects have accumulated more than US$1 billion in investment, highlighting investors' firm confidence in this field.
U2U Network is committed to solving the fragmentation problem of the DePIN market. It uses advanced DAG (directed acyclic graph) technology, combined with EVM (Ethereum Virtual Machine) compatibility, and supports customized independent network deployment through innovative subnet technology. This architecture ensures high performance and fast determinism in transaction processing, provides developers with tools to efficiently build and launch DePIN, and enables users to connect, contribute, and gain benefits from various DePIN projects.
Based on its strong technical strength, U2U Network has successfully attracted investments from many top institutions, including Kucoin Ventures, Chain Capital, IDG Blockchain, and has obtained support from strategic partners such as JDI, Cointelegraph, Crypto Assets Japan and V3V Ventures.
Cooperate with CoinList to launch mainnet incentive plan
As the world's leading token issuance and distribution platform, CoinList has successfully incubated several star projects including Filecoin, Near, Solana, etc. Following the successful support of peaq, U2U Network became the first DePIN project on the CoinList platform to launch a growth plan in the fourth quarter of 2024, marking the platform's continued optimism about the DePIN track. The U2U Incentivized Mainnet Saga Campaign , as the core of this cooperation, will provide the following participation opportunities:
Activity period: 90 days (November 12, 2024 to February 10, 2025)
Reward size: 10 million U2U tokens
How to participate: Use Owlto Finance to bridge USDT to obtain pUSDT and pledge it
Future Outlook
In addition to the cooperation with CoinList, U2U Network will also cooperate with the cryptocurrency exchange Bitget to further expand the influence of the ecosystem. In addition, the project plans to complete the official listing in the fourth quarter of 2024 and continue to promote the innovation and application of DePIN solutions.
*Note: U2U Incentive Mainnet Activities are not open to residents of certain jurisdictions such as the United States (and its territories), Canada, etc. Investors should fully understand the relevant risks before participating and comply with the laws and regulations of their region.
