🚀 Network3 Launches First Batch Of N3 Edge V1 Mining Machines
#Network3 #N3EdgeV1 #MiningMachines #IoTeX #DePIN #AIInfrastructure #DualMining #IOTX #DeviceVerification #Blockchain #ModularInfrastructure #Web3
According to BlockBeats, on September 7, data from DePINscan revealed that nearly 2,000 units of the first batch of Network3's N3 Edge V1 mining machines are now operational. These machines, part of the IoTeX ecosystem project DePIN & AI infrastructure, have initiated dual mining incentives for N3 and IOTX device verification modules. The current payback period is estimated to be 120 days, ranking among the top three in recorded DePIN projects.
Network3 aims to build a DePIN & AI Layer2 to assist global AI developers in efficiently, conveniently, and economically conducting large-scale inference, training, or model verification. The N3 Edge V1 mining machines, which sold out quickly on their pre-sale day, are the first physical devices to integrate IoTeX's on-chain device identity verification module, ioID. Each device's authenticity and operational status are verified in real-time on the blockchain, and users receive additional IOTX incentives for the device verification module.
As the proposer of modular infrastructure for DePIN, IoTeX has modularized the complex and burdensome real-world and Web3 connection systems, including on-chain device verification, off-chain data computation, privacy communication, and on-chain data storage. This modular construction allows DePIN projects to utilize these modules as needed to improve construction efficiency and reduce costs, paving the way for large-scale DePIN applications.#Network3 #N3EdgeV1 #MiningMachines #IoTeX #DePIN #AIInfrastructure #DualMining #IOTX #DeviceVerification #Blockchain #ModularInfrastructure #Web3
🚀 0G Labs To Open Node Sales On November 11
#0GLabs #NodeSales #Web3 #ModularInfrastructure #ETH #Blockchain #PreSeedFunding #HackVC #ForesightVentures
According to Foresight News, Web3 modular infrastructure company 0G Labs will commence node sales on November 11. The sale will feature 32 tiers, with each node starting at a price of 0.05 ETH. The initial sales period, from November 11 at 20:00 to November 13 at 20:00 (UTC+8), will be exclusively available to whitelisted users. Following this period, the sales will be open to the general public.
Previously, in March 2024, 0G Labs successfully completed a $30 million Pre-Seed funding round. The round was led by Hack VC, with participation from Foresight Ventures and other investors.#0GLabs #NodeSales #Web3 #ModularInfrastructure #ETH #Blockchain #PreSeedFunding #HackVC #ForesightVentures
🚀 Tether and Lugano Collaborate to Advance Digital Infrastructure
#Tether #Lugano #DigitalInfrastructure #DigitalAssets #BTC #USDT #Blockchain #PublicFinance #PlanB #DigitalSovereignty #AI #DeFi #SwissFrancs #DigitalTrade #DigitalIdentity #AutonomousAgents #ModularInfrastructure
On March 3, Tether announced its collaboration with the Lugano city government to promote the integration of digital assets into everyday commerce. According to BlockBeats, over the past four years, this partnership has enabled more than 400 local merchants to accept BTC and USDT payments, embedding digital assets into daily business transactions and facilitating real-world payments. With strategic and technical support from Tether, Lugano has also introduced digital bond issuance and supports municipal digital asset payments, integrating blockchain directly into public financial infrastructure beyond private sector use.
Tether and Lugano have jointly committed to investing 5 million Swiss francs to advance the second phase of Plan ₿, aiming to position Lugano as a global digital infrastructure hub. Between 2026 and 2030, Tether will provide infrastructure support to empower Lugano with long-term digital sovereignty. Initiatives include building secure digital asset automated management infrastructure, developing Lugano into a hub for digital trade and commodity flows, advancing digital identity systems that protect sovereignty and privacy, fostering a local AI ecosystem and autonomous digital agents, and implementing distributed, modular, and resilient urban digital infrastructure to support next-generation DeFi activities.#Tether #Lugano #DigitalInfrastructure #DigitalAssets #BTC #USDT #Blockchain #PublicFinance #PlanB #DigitalSovereignty #AI #DeFi #SwissFrancs #DigitalTrade #DigitalIdentity #AutonomousAgents #ModularInfrastructure