August1X

DePHY Network Briefing: AI Native DePIN Project Launches on Binance Alpha

July 26 Launching on Binance Alpha — DePHY Network, a decentralized infrastructure project focused on bringing hardware devices and AI data on-chain.

Below are some key pieces of information I've compiled for your reference:

🧩 Project Overview: Building a Decentralized Hardware Network

DePHY is a typical DePIN (Decentralized Physical Infrastructure) + AI project, aiming to standardize the data from real-world edge devices (IoT, sensors, cameras, etc.) onto the blockchain, and further compute or analyze it through AI to serve various Web3 scenarios.

It aims to create a distributed physical data network that can operate without a centralized cloud platform using blockchain, ZK technology, and token incentives.

🌟 Project Highlights

AI Native Design: The data from devices on-chain is inherently compatible with AI, used for training or inference, with real-time and verifiable data.

Decentralized Incentives: Through token rewards of #PHY for device providers, node operators, and data contributors.

ZK Technology Ensures Privacy: Data uploads protect privacy simultaneously, suitable for medical, industrial, and other scenarios.

Binance Alpha Launch: As the first DePIN project on Alpha, it enjoys platform endorsement and airdrop support, attracting high attention.

Wide Compatibility: Supports implementation scenarios such as smart cities, industrial IoT, and smart homes.

💰 Investment Institutions

DePHY has completed several million dollars in seed round funding, with a valuation of 40 million dollars, and investors include: Waterdrip Capital, Foresight Ventures, IoTeX, Polychain Capital, and other well-known capital in the Web3 field.

📅 July 26 Launch Approaches, hoping everyone participates in the airdrop and enjoys big rewards.

$WCT #PHY