Recently, CoinList conducted a poll asking users “What category of projects do you want to see most on CoinList?” underscoring growing interest in decentralized infrastructure solutions.
Following this, CoinList announced an exciting partnership with U2U Network, a DePIN-focused layer-one, for an exclusive pre-listing campaign.
DePIN More than just a trend
DePIN (decentralized physical infrastructure network) is emerging as a technology aimed at shifting how infrastructure is managed.
By decentralizing services like computing, energy and telecommunications, DePIN seeks to offer scalability, resilience and cost-efficiency beyond what centralized systems typically provide.
This innovation represents a new phase of technological progress one that broadens access and creates opportunities for communities historically excluded from economic growth.
DePIN’s impact is set to be significant.
As of November 2024, the DePIN sector boasts a market capitalization exceeding $33.6 billion, according to CoinGecko.
Venture capitalists are increasingly investing in DePIN projects, indicating strong interest in the sector.
A 2023 report by Messari values the market potential for DePIN at $2.2 trillion, with projections to reach $3.5 trillion by 2028.
To date, DePIN projects have collectively raised over $1 billion in funding, reflecting growing investor confidence in this area.
CoinList, the number-one IDO platform in crypto, acknowledged the potential of DePIN and joined the market with many successful DePIN projects such as Filecoin, NATIX, Koii, Peaq and more.
After the recent successful listing period of Peaq, CoinList has just announced its new collaboration with U2U Network, the leading DePIN layer-one in Asia, for a new pre-listing campaign.
Coinlist x U2U Network U2U incentivized mainnet saga campaign
U2U Network backed by Kucoin Ventures, Chain Capital, IDG Blockchain, JDI, Cointelegraph, Crypto Assets Japan and V3V Ventures stands as the only DePIN project selected for collaboration by CoinList in Q4 2024, a clear sign of its innovation and leadership.
As a modular layer-one network, U2U Network uses advanced DAG (directed acyclic graph) technology and EVM (Ethereum Virtual Machine) compatibility to provide fast transactions and quick finality.
U2U Network aims to address the fragmented nature of the DePIN market, where full integration across applications is rare. Its…
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