CoinList, a major player in the crypto world, is teaming up with U2U Network, a leading Asian DePIN (decentralized physical infrastructure network) project, for a special pre-listing campaign. This collaboration highlights the growing interest and potential of the DePIN market.
What is DePIN?
DePIN is all about decentralizing essential services like computing, energy, and telecommunications. The idea is to create more scalable, resilient, and cost-effective systems than traditional centralized approaches. This technology is seen as a game-changer, potentially opening up economic opportunities for communities often left behind. The DePIN market is already huge, with a market cap exceeding $33.6 billion and projections reaching trillions in the coming years.
CoinList and U2U Network Partner Up
CoinList has a history of supporting successful DePIN projects, and they’ve chosen U2U Network for their first DePIN collaboration of Q4 2024. U2U Network uses advanced technology to offer fast transactions and is aiming to create a unified blockchain solution for the currently fragmented DePIN market. Their unique subnet technology allows for customizable networks, giving developers the tools they need to build and launch DePIN applications easily.
Earn U2U Tokens!
As part of the partnership, CoinList and U2U Network are launching an incentivized mainnet campaign. Users can earn U2U tokens before the official launch by bridging USDT on Owlto Finance and staking pUSDT in a special pool. A massive 10,000,000 U2U tokens are up for grabs in this 90-day campaign (November 12, 2024 – February 10, 2025).
Beyond CoinList: U2U Network’s Growth
U2U Network isn’t stopping with CoinList. They’ve also partnered with Bitget, another major player in the crypto space, showing their commitment to expanding their reach and influence.
The Future of U2U Network
With its mainnet already launched and boasting impressive numbers (over 180,000 wallet addresses, a DePIN subnet with thousands of users and contributors, and many DApps committed to building on their platform), U2U Network is well-positioned for success. Their Q4 2024 listing is highly anticipated.
About U2U Network
U2U Network is a modular layer-one blockchain built for DePIN. They have a strong list of backers and partners, including Kucoin Ventures, Chain Capital, and several others. They’ve also partnered with major players in the tech space, including AWS and Klaytn Foundation.
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