As more and more people recognize its transformative potential in reshaping the digital landscape, the DePIN industry is experiencing significant growth and attracting widespread attention. Recently, CoinList conducted a poll asking users, "What category of projects would you most like to see on CoinList?" DePIN emerged as the top choice, demonstrating its increasingly important position. Subsequently, the Layer 1 project focused on DePIN, U2U Network, announced a partnership with CoinList to launch a mainnet incentive campaign. This means that U2U Network is the first DePIN project to initiate a growth campaign on CoinList in the fourth quarter of 2024.
Supported by Kucoin Ventures, Chain Capital, IDG Blockchain, JDI, Cointelegraph, Crypto Assets Japan, and V3V Ventures, U2U Network is a modular L1 network that utilizes advanced Directed Acyclic Graph (DAG) technology and Ethereum Virtual Machine (EVM) compatibility to provide fast transactions and quick finality.
U2U Network aims to address the decentralization of the DePIN market, where comprehensive integration across applications is rare. Its vision is to create a complete blockchain solution for DePIN. The network's unique subnet technology allows for the creation of customizable independent subnets, providing tailored scalability and flexibility for DePIN applications. This design offers high performance, robust security, and adaptability, equipping developers with efficient tools to build and launch DePIN while enabling users to connect, contribute, and profit from various DePIN projects.
The collaboration between CoinList and U2U Network reflects a shared commitment to advancing the DePIN space. The U2U incentive mainnet activity underscores this partnership, marking a key step in promoting the development and adoption of DePIN technology.
Imagine users simply bridging $USDT on Owlto Finance to receive $pUSDT, then staking $pUSDT in the U2U incentive staking pool to earn $U2U, thus earning $U2U ahead of others. A massive reward pool of 10,000,000 $U2U tokens is up for grabs.
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In addition to the partnership with CoinList, U2U Network will also engage in a significant initiative with the cryptocurrency exchange and Web3 innovator Bitget. This collaboration marks another important step in U2U Network's mission to expand its influence and impact within the DePIN ecosystem.
As the pre-launch activities of U2U Network generate excitement within the community, the anticipated listing is set to commence in the fourth quarter of 2024. U2U Network's vision is to become a comprehensive blockchain solution for DePIN, bringing powerful innovation capabilities and value to its ecosystem and users.
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