IoTeX Ecosystem DePINscan Launches Native Staking Function, Hivello is the First Supported Project

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On May 23, 2024, the DePIN full-stack data platform DePINscan, powered by IoTeX, completed a strategic upgrade and officially launched its native asset staking functionality module. This upgrade marks the platform's transformation from a data observation tool to a DePIN portal with on-chain interaction capabilities. The first supported project, Hivello, has simultaneously opened the HVLO token staking channel, allowing users to participate with zero barriers through a complete chain of "data analysis - node selection - earnings staking".

This initial staking phase supports two native projects on IoTeX: Hivello and Functionland. Hivello co-founder Dom Carosa stated that DePINscan's staking function is a key breakthrough for the Hivello community. It lowers the barrier for users to participate in decentralized infrastructure construction through an intuitive and sustainable earnings model.

IoTeX is committed to building a new DePIN + AI paradigm, not only establishing a pathway for connecting offline devices to the chain but also integrating AI and blockchain technology to help construct a DePIN network with intelligent judgment and autonomous incentive capabilities, enabling data generated by real-world devices to not only be "connected" but also help AI "think" and "collaborate".

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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