Recently, a concerning piece of news emerged in the Web3 field: the investment institution LF Labs announced that it would lead the seed round financing for UBI Network, with a financing amount of $600,000. This move has drawn significant attention to UBI Network and added new highlights to the innovative exploration of the combination of AI and DePIN (Decentralized Physical Infrastructure Network).

01 UBI Network: Making Web3 Simpler and More Inclusive

UBI Network is headquartered in New York, and its team consists of technical experts who have worked for many years in Google Cloud, Microsoft, and the Ethereum scaling field. Their goal is clear: to allow ordinary people to easily participate in Web3 and share in the benefits of the distributed economy. UBI Network has launched a set of plug-and-play hardware node devices through AI edge computing and DePIN technology, allowing users to participate in AI data processing, distributed computing, and other tasks to earn point rewards without needing to understand blockchain or configure wallets—just by simply connecting the devices.

More importantly, UBI Network has also designed an integrated points trading market that allows users to cash out their earnings at any time. This model lowers the participation threshold for Web3 while ensuring user privacy and asset security through local device operation and data encryption. The transparent information design also enables users to stay updated on task dynamics and not miss any earning opportunities.

02 LF Labs: Targeting Industry Trends

LF Labs was established in 2021 and is headquartered in Colorado, USA. It focuses on Web3.0 investment through its subsidiary, Lafite Capital, and has long-term collaborations with institutions such as Binance Labs. LF Labs is particularly optimistic about the potential of DePIN and AI tracks, believing that the rise of edge intelligence is reshaping the computing power landscape. The technological innovation and inclusive philosophy of UBI Network align closely with LF Labs' investment logic of 'supporting grounded projects.'

This leading investment not only brings $600,000 in financial support to UBI Network, but LF Labs will also leverage its industry resources to help accelerate the project's development. LF Labs stated: 'The model of UBI Network brings Web3 closer to ordinary users, and we believe it can play an important role in the distributed economy. We support teams that use decentralization to achieve real-world inclusivity.'

03 Financing Boost: Moving Towards Global Layout

With this funding, UBI Network plans to focus on several key directions:

  • Accelerate the deployment of the global node network and increase hardware device coverage;

  • Enhance the efficiency of edge devices in processing AI tasks;

  • Improve the points trading market and token economic system;

  • Expand the global community and collaborate with more Web3 projects.

04 New Signals in the Industry: Web3 is Closer to Us

LF Labs leads the seed round of UBI Network, which not only recognizes the project's potential but also reflects a trend in Web3 development: through technological innovation, more people can participate. The model of UBI Network opens a door for ordinary users; if its global network and technological capabilities continue to advance, it may bring more possibilities for the popularization of Web3 in the future.