Parasail's DePIN Weekly News Roundup 🧵👇
1/ @NATIXNetwork & @bittensor_ Revamp AI Mining
🔍 What happened:
The teams partnered to create the first decentralized AI mining protocol for edge devices like cameras and sensors, using Bittensor's subnet technology.
🔍 Why it matters:
Processes real-world data 50% faster than centralized alternatives
Devices can now earn $TAO tokens for contributing compute
First deployment in smart city traffic management systems
2/ Investors Shift to @ColdwareNetwork
📈 What happened:
$50M+ flowed from legacy DePIN projects to Coldware's next-gen physical infrastructure platform in Q2.
🔍 Why it matters:
Offers 200% APR for early storage providers
Institutional validators include Coinbase Ventures
Solving last-mile data center shortages
3/ @DIMO_Network May Developer Updates
🚗 What happened:
Launched new SDK with enhanced EV telemetry and driver reward algorithms.
🔍 Why it matters:
3x faster data processing for mobility dApps
Drivers now earn 15% more from data sharing
New partners: Geico, Tesla aftermarket services
4/ @roam_network Reinvents WiFi
📶 What happened:
Global mesh network now covers 12 countries with 50,000+ nodes.
🔍 Why it matters:
Average speeds of 150Mbps at 90% cost reduction
First major ISP partnership secured in Indonesia
Node operators earning $50+/month in $ROAM
5/ @Theta_Network Streams Decentralized Video
🎥 What happened:
V3.0 upgrade enables 4K streaming at scale using edge nodes.
🔍 Why it matters:
Netflix-like quality at 60% lower CDN costs
Content creators keep 95% of ad revenue
35% more earnings for cache node operators
✗ Final Takeaway
DePIN is achieving enterprise-grade scalability across AI, connectivity and media.
🔍 Early stakers through @ParasailNetwork are best positioned for this growth!
#DePIN #Web3 #Staking #Blockchain