HO CHI MINH, Vietnam, November 13, 2024 — Chainwire
CoinList, a leading Initial DEX Offering (IDO) platform, has announced a partnership with U2U Network, a prominent Layer 1 blockchain focused on Decentralized Physical Infrastructure Networks (DePIN).
This collaboration aligns with CoinList’s recent user poll, which highlighted a rising interest in decentralized infrastructure solutions.
Understanding DePIN’s Potential
DePIN represents a transformative approach to infrastructure management, decentralizing services like computing, energy, and telecommunications. With a current market cap of $33.6 billion (CoinGecko), the sector’s potential is substantial, projected to grow from $2.2 trillion in 2023 to $3.5 trillion by 2028 (Messari). DePIN offers unparalleled scalability, resilience, and cost efficiency, opening new economic opportunities for underrepresented communities.
Spotlight on U2U Network
U2U Network is emerging as a leader in DePIN innovation. Backed by prominent investors such as Kucoin Ventures and IDG Blockchain, it leverages advanced directed acyclic graph (DAG) technology and Ethereum Virtual Machine (EVM) compatibility to deliver fast transactions and seamless integration. Its modular Layer 1 architecture and customizable subnet technology address the fragmented nature of the DePIN ecosystem, empowering developers and users alike.
The network has achieved significant milestones:
- Over 180,000 wallet addresses created.
- DePIN Subnet adoption with more than 155,000 downloads and 59,000 contributor nodes.
- 80 decentralized applications (dApps) committed to building on the chain, spanning DeFi, GameFi, SocialFi, and real-world use cases like data storage.
CoinList x U2U Campaign Highlights
CoinList and U2U Network’s Incentivized Mainnet Saga Pre-Listing Campaign offers participants early access to $U2U tokens. Users can bridge $USDT via Owlto Finance, receiving $pUSDT, which can then be staked in the U2U Incentivized Staking Pool.
- Timeline: November 12, 2024 – February 10, 2025
- Rewards: 10,000,000 $U2U tokens allocated.
For details, visit the campaign website: mainnetsaga.u2u.xyz.
Expansion Beyond CoinList
U2U Network is also collaborating with Bitget, a top cryptocurrency exchange, to further its mission of advancing DePIN technology. These initiatives underline U2U’s commitment to driving innovation and expanding adoption within the decentralized infrastructure space.
Vietnam Tech Impact Summit 2024
The announcement coincides with the Vietnam Tech Impact Summit (VTIS) 2024, a premier technology event connecting global innovators in Fintech, AI, Blockchain, and Gaming. Hosted by SSI and FPT Group, VTIS is pivotal in fostering partnerships and investments in Vietnam’s tech ecosystem.
Looking Ahead
As U2U Network’s pre-listing campaigns generate anticipation, its Q4 2024 listing promises to redefine blockchain solutions for DePIN. With robust backing, cutting-edge technology, and a growing ecosystem, U2U Network is set to make a lasting impact on the blockchain and infrastructure sectors.
For further inquiries, contact:
- Astrid Dang
- Email: alice@uniultra.xyz
- Phone: 09081246492
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