What's New in DePin? Bitget Wallet Integrates Grass, InFlux and Akash Launch Web3 Advocacy Group, and More

10/08/2024 00:08
What's New in DePin? Bitget Wallet Integrates Grass, InFlux and Akash Launch Web3 Advocacy Group, and More

DePin is growing fast with Bitget Wallet's AI partnership, a Web3 advocacy group by InFlux and Akash, and Chirp's P2E game teaser.

Decentralized Physical Infrastructure Networks (DePin) are transforming the tech by enabling decentralized projects in real-world infrastructure.

Here’s the latest in the DePin sector: Bitget Wallet integrated the AI data protocol Grass, InFlux Technologies and Akash teamed up to launch a Web3 advocacy group, and Chirp is currently developing a new play-to-earn (P2E) game.

Bitget Wallet Partners with Grass

According to an October 3 press release, Bitget Wallet, a Web3 non-custodial wallet that’s grown quickly thanks to TON integration, has announced a new partnership. Bitget Wallet is integrating with Grass, an AI data protocol that allows users to trade unused bandwidth for token rewards, which is then used to train AI models.

Read more: What Is DePIN (Decentralized Physical Infrastructure Networks)?

Grass is now live as a decentralized application (DApp) on Bitget Wallet, designed to simplify the user experience. This is crucial for Grass, as it aims to collect vast amounts of data to train future AI projects. Alvin Kan, COO of Bitget Wallet, highlighted the collaboration’s benefits, emphasizing the streamlined approach for users and the potential for AI advancements.

“Our goal at Bitget Wallet is to offer our users simple yet powerful ways to take part in the Web3 ecosystem. Grass is a great example of how users can earn rewards by doing something easy while also contributing to the future of AI. This integration demonstrates our commitment to making Web3 accessible and beneficial for everyone,” said Kan.

InFlux and Akash Launch a Web3 Advocacy Group

Another announcement from InFlux Technologies (Flux) and growing cryptocurrency network Akash has shown a different kind of potential. These two companies have not come together for a physical or digital infrastructure mission but rather a regulatory one. According to their press release, Flux and Akash Network are launching a Web3/DePin advocacy group.

Both companies have similar backgrounds: Akash calls itself “Airbnb for data centers,” while Flux “bridges the infrastructure gap” with decentralized cloud solutions. Their new advocacy group will focus on US regulation, engaging with lawmakers and government agencies.

However, these goals are not the only focus. Flux and Akash have expressed a desire to build education and awareness for the DePin ecosystem and bring other firms into their alliance. In short, the new group wants to build a framework for future collaboration in the growing DePin scene and bring the whole space forward.

Chirp Teases New P2E Game

Chirp, a DePin network and Internet of Things ecosystem, has announced the development of a new play-to-earn game. The game will utilize the Sui network and offer users the opportunity to earn CHIRP rewards.

The project invites players to “focus on scanning and detecting wireless signals,” but has not revealed specific details. Chirp stated that the game will integrate with its built-in wallet, allowing users to claim and earn Chirp tokens. However, beyond these highlights, few additional details about the game have been made publicly available.

Read more: Tap-to-Earn: What to Know About the Crypto GameFi Trend

Chirp's new game teaser
Teaser for Chirp’s Upcoming Game. Source: Chirp

In short, the DePin ecosystem is full of new activity in early October. The word of the day is apparently “partnership,” and new collaborative projects are declaring ambitious goals. The DePin ecosystem may not be as well-established as the other sectors of Web3, but new plans like these will help push it to the future.

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