U2U Network Launches First DePIN Node Sale for Decentralization

HO CHI MINH, Vietnam, October 15th, 2024, Chainwire

U2U Network, a groundbreaking Layer-1 blockchain innovator in decentralized systems, proudly supported by leading investors like KuCoin Ventures, Chain Capital, and IDG Blockchain, is thrilled to introduce its inaugural DePIN Node Sale. This sale represents a chance for participants to obtain decentralized nodes and play a part in the expansion of U2U’s DePIN ecosystem. Through this initiative, U2U intends to create a fresh avenue for users to engage in the decentralized network and tap into substantial earning prospects through its Node Sale model.

Importance of Nodes in Blockchain Ecosystems

Nodes are crucial within decentralized networks as they facilitate communication, validate transactions, and bolster security. In these networks, nodes distribute computational power effectively, thereby minimizing the risk of centralized oversight. This decentralization enhances the overall network’s security, scalability, and durability.

The U2U Subnet enables node operators to contribute computational resources, ranging from mobile devices to high-performance computers, thereby creating a decentralized infrastructure network. These nodes provide vital resources including CPU, RAM, GPU, storage, and internet bandwidth, ensuring applications function seamlessly. The U2U DePIN architecture encompasses two varieties of nodes: Master Nodes and Edge Nodes.

Master Nodes: These nodes handle essential duties such as transaction storage, data validation, and proof submission between the Subnet and Mainnet.
Edge Nodes: These nodes offer additional computational power for specific protocols, enhancing scalability and performance.

Both types of nodes are rewarded based on their contributions, forming a foundational aspect of U2U Network’s DEPIN infrastructure.

Node Sale Details

The Public Node Sale will commence on October 22, featuring 40,000 nodes available across six tiers. The entry price for a checker node starts at $200, with subsequent price increases at each tier. Early participants stand to gain significant ROI with the potential to recoup their investment in only 58 days. This affordable entry point allows anyone to take part in the Node Sale, requiring no programming expertise.

No programming skills are necessary to manage a node, and operators can earn token rewards from a dedicated pool of 1 billion $U2U tokens (10% of the total supply). With over 40 DePIN initiatives within the U2U DePIN Ecosystem, node operators can foster the development of a variety of projects spanning computing, cybersecurity, telecommunications, and artificial intelligence. Through their involvement, operators are rewarded based on their node’s contributions to the network; the more decentralized applications (DApps) involved, the higher the earning potential. Additionally, participants can anticipate recovering their initial investment within just 58 days, making this Node Sale an exceptional opportunity. The expansive range of projects engaging with the U2U Network catalyzes demand for node resources, enhancing the earning potential for participants.

Team

The U2U team comprises over 120 experts from renowned tech companies such as Google, Kardiachain, and a Y Combinator-backed startup, supplemented by advisors from Stanford, RMIT University, and Animoca. This diverse expertise positions them strongly for leadership in the sector.

Community Engagement and Network Expansion

U2U Network has successfully secured funding from multiple investors, including Kucoin Ventures, Chain Capital, JDI Ventures, and IDG Blockchain, among others. Chain Capital, recognized as one of Asia’s leading crypto investment firms, focuses on Web3 infrastructure, AI, and DePIN, boasting over 300 successful investments, including billion-dollar Layer-1 ecosystems such as Solana and Polkadot, as well as DePIN leaders like Filecoin and Theta Network. JDI Ventures, a dynamic player in DePIN funding led by JDI Global, maintains a $200 million portfolio and is known for advancing DePIN projects. The investment roster also features IDG Blockchain, a global frontrunner in early-stage blockchain and AI investments, which has supported innovative projects like dappOS and Pontem. These top-tier venture capitalists, among others, have proudly aligned with U2U Network to transform DePIN and promote widespread adoption. The network’s community has expanded to encompass over 1 million members.

With a minimal entry cost, substantial ROI, and no coding requirements, this DePIN Subnet Node campaign is crafted to draw a wide array of participants. Seize the opportunity to join the U2U Network Node Sale and contribute to powering the next generation of the internet.

For more information on the U2U Network’s node sale, please visit the official blog on the U2U Network website.

About U2U Network:

U2U Network is a modular L1 utilizing subnet technology, an ideal fit for DePIN. Its supporters include Chain Capital, IDG Capital, Cointelegraph, JDI Ventures, Kucoin Ventures, V3V Fund, Web3Port, and more. The project has also established partnerships with AWS, Klaytn Foundation, IoTex, Waterdrip Capital, Chain Catcher, etc. Influencers backing U2U Network include KongBTC, Romano, ImNotTheWolf, Crypto Buzz, Antony, and others.

The mainnet is operational with over 180K wallet addresses. The DePIN Subnet launched with the U2DPN product, achieving over 155K downloads, 59K contributor nodes, and 9K daily active users within three months of launch. Eighty decentralized applications (dApps) are committed to development on the chain (EVM-compatible), ranging from crypto applications (DeFi, GameFi, SocialFi, etc.) to real-world applications (storage, data mining, etc.), with over 40 DePIN projects having signed MOUs and pursuing integration, and 25 other projects in the pipeline.

Website: https://u2u.xyz/team