CoinList, the main IDO platform, has introduced its new partnership with U2U Community, the main DePIN Layer1 in Asia, for a brand new pre-listing marketing campaign.
This transfer marks a notable milestone for the corporate. CoinList will be a part of efforts to develop the DePIN market whereas offering alternatives for crypto customers to earn $U2U tokens forward of the itemizing occasion.
CoinList Enters DePIN Market
In response to an official announcement immediately, the event follows CoinList’s choice to affix the Decentralized Bodily Infrastructure Community (DePIN) sector to handle the rising curiosity in decentralized infrastructure options.
Other than its mission to supply scalability, resilience, and cost-efficiency past what centralized methods usually present, the DePIN market has garnered large curiosity from enterprise capitalists who’re more and more investing in its tasks. This surge in buyers’ curiosity is clear in its outstanding market capitalization, which surpassed $33.6 billion as of November 2024.
Since its entry into the DePIN sector, CoinList has efficiently listed notable DePIN tasks like Filecoin, NATIX, Koii, Peak, and so on. Nonetheless, CoinList has revealed that it’s set for a brand new pre-listing marketing campaign.
CoinList Companions U2U Community
Whereas CoinList has set its eyes on the U2U community for the following prelisting marketing campaign, it’s the solely DePIN mission CoinList has chosen for collaboration in This fall 2024.
Backed by Kucoin Ventures, Chain Capital, IDG Blockchain, JDI, Cointelegraph, Crypto Property Japan, and V3V Ventures, the U2U Community guarantees to create an entire blockchain resolution for DePIN.
Following its design, the community makes use of superior directed acyclic graph (DAG) know-how and Ethereum Digital Machine (EVM) compatibility to supply quick transactions and fast finality. As such, tackle the fragmented nature of the DePIN market, the place full integration throughout functions is uncommon.
Notably, the partnership between CoinList and the U2U community is targeted on the U2U Incentivized Mainnet Saga Pre-listing Marketing campaign. The companions are a terrific match as they share the identical dedication to driving the expansion and adoption of DePIN know-how.
Whereas the itemizing of the $U2U token is scheduled for This fall 2024, the prelisting marketing campaign will supply customers entry to incomes $U2U tokens earlier than they hit the market. With a reward pool of 10,000,000 $U2U tokens, customers have the chance to earn $U2U tokens by bridging $USDT on Owlto Finance to obtain $pUSDT after which staking $pUSDT within the U2U Incentivized Staking Pool.
Whereas relentlessly pursuing enlargement of its attain and affect throughout the DePIN ecosystem, U2U Community additionally revealed that it’s set to embark on an bold marketing campaign with Bitget, a world-leading cryptocurrency change and Web3 innovator.