U2U Network Joins CoinList Pre-Listing Program to Drive the Growth and Adoption of DePIN Technology

HO CHI MINH, Vietnam, November 13th, 2024, Chainwire

HO CHI MINH, Vietnam, 13th November, 2024, Chainwire

In a move highlighting growing interest in decentralized infrastructure solutions, CoinList recently conducted a poll asking users, “Which category of projects do you want to see most on CoinList?” Following this, CoinList announced an exciting partnership with U2U Network, a DePIN-focused Layer 1, for an exclusive pre-listing campaign.

DePIN – A trend in the making

Decentralized Physical Infrastructure Network (DePIN) is emerging as a technology set to shift how infrastructure is managed. By decentralizing services like telecommunications, energy, and computing, DePIN aims to offer cost-efficiency, resilience, and scalability beyond what is typically possible with centralized systems.

This innovation marks a new phase of technological progress—one that broadens access and creates opportunities for communities that have been 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 showing increasing interest in DePIN projects with a 2023 report by Messari valuing the market potential for DePIN at $2.2 trillion, projected 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 top 1 IDO platform in crypto, has recognized the potential of DePIN and joined the market with many successful DePIN projects such as Filecoin, NATIX, Koii, peaq, etc. After the recent successful listing period of Peaq, CoinList has just announced its new collaboration with U2U Network, the leading DePIN Layer1 in Asia, for a new pre-listing campaign.  

Coinlist x U2U Network: U2U Incentivized Mainnet Saga Campaign

Backed by Kucoin Ventures, Chain Capital, IDG Blockchain, JDI, Cointelegraph, Crypto Assets Japan, and V3V Ventures, U2U Network 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 1 network, U2U Network is designed for fast transactions and quick finality with advanced directed acyclic graph (DAG) technology and Ethereum Virtual Machine (EVM) compatibility.

U2U Network is set on addressing the fragmented nature of the DePIN market, where full 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 sub-networks that offer scalability and flexibility tailored for DePIN applications. This design provides high performance, strong security, and adaptability, giving developers the tools to build and launch DePINs efficiently while enabling users to connect, contribute, and earn from various DePIN projects.

CoinList’s partnership with U2U Network reflects their shared commitment to advancing the DePIN sector. This collaboration is highlighted by the U2U Incentivized Mainnet Saga Pre-listing Campaign, marking a key step in driving the growth and adoption of DePIN technology. With a way to earn with This campaign to get access to $U2U tokens before they hit the market.

Users now have an opportunity to earn $U2U tokens by bridging $USDT on Owlto Finance to receive $pUSDT and then staking $pUSDT in the U2U Incentivized Staking Pool. A reward pool of 10,000,000 $U2U tokens has been allocated for this initiative.

Timeline: 90 days, from 12th Nov 2024 to 10th Feb 2025

For more information, users can visit: https://mainnetsaga.u2u.xyz/ 

Beyond its partnership with CoinList, U2U Network is set to embark on an ambitious campaign with Bitget, a world-leading cryptocurrency exchange and Web3 innovator. This collaboration marks another significant step in U2U Network’s mission to expand its reach and influence within the DePIN ecosystem. Stay connected with U2U Network’s social channels for upcoming details about this exciting venture.

The Future Goes On

As excitement builds across the community from U2U Network’s pre-listing campaigns, the anticipated listing is set to launch in Q4 2024. With its vision to be a comprehensive blockchain solution for DePIN, U2U Network is poised to take the blockchain space by storm, bringing robust innovation and value to its ecosystem and users alike. As the listing approaches, the path forward for U2U Network promises exciting opportunities and impactful contributions to the blockchain industry and beyond.

About U2U Network:

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