Blockchain Gaming

Investment Firm Borderless Capital Launches $100M Fund for DePIN Projects

Wednesday. September 18 at 9:00 PM

1 min. read
Investment Firm Borderless Capital Launches $100M Fund for DePIN Projects

Investment firm Borderless Capital has introduced its third fund dedicated to decentralized physical infrastructure networks (DePIN). The venture firm recently unveiled a $100 million fund to support blockchain-based projects focused on developing and managing physical infrastructure globally. Since 2021, the firm has been investing in the sector, supporting initiatives like Helium, Render Network, and GEODNET. Led by Álvaro Gracia and Helium co-founder Sean Carey, the new fund has garnered backing from various entities, including the Solana Foundation and Jump Crypto. DePIN systems leverage blockchain technology to create and sustain physical infrastructure, enabling individuals and smaller entities to contribute resources and receive tokens in return. Projects like Helium and Filecoin exemplify decentralized infrastructure delivery, offering services for IoT devices and data storage. The rise of DePIN protocols has attracted attention from layer-1 blockchains like Solana, which is enhancing its network infrastructure to support DePIN applications.

More news 🗞️

Innovative Ethereum Game Studio Unveils New Shooter on B3 Network

Innovative Ethereum Game Studio Unveils New Shooter on B3 Network

Thursday. September 19 at 1:00 PM

The creators of the Ethereum NFT card game Parallel, known for its success on the Epic Games Store, have introduced a new 3D first-person shooter game named 'Project Tau Ceti' at Token2049 in Singapore. In this game, players will engage in battles on a sci-fi planet using their Parallel NFT avatars. Unlike the AI-focused game Colony on Solana, Project Tau Ceti returns to Ethereum's Base network, specifically on the B3 layer-3 gaming network. B3's emphasis on gaming technology and experience aligns with Parallel Studios' vision. The launch of B3.fun in August, backed by a $21 million investment, introduced a web-based crypto arcade platform called BSMNT. Project Tau Ceti, developed in collaboration with a third-party studio using Unreal Engine 5, is set to undergo early alpha testing on PC in 2025, with potential mobile and console releases in the future.

Blockchain Gaming

Solana Unveils New Smartphone 'Seeker'

Solana Unveils New Smartphone 'Seeker'

Thursday. September 19 at 10:00 AM

Solana has recently introduced its latest smartphone, named 'Seeker,' which is priced at half the cost of its predecessor. The team behind the device assures that it will not solely rely on free memecoins. The previous model, Saga, faced initial criticism but gained popularity due to a significant price surge of the memecoin Bonk in December. Solana aims to offer similar rewards to the 140,000 users who pre-ordered Seeker. The new device will feature an upgraded DApp store, improved hardware, and enhanced user experience. While emphasizing rewards, Solana also focuses on providing diverse crypto-integrated experiences to users. Seeker's zero-fee App Store aims to foster innovation in crypto apps, a feature lacking in mainstream platforms like Apple and Google. The device is expected to support various token launchpads and DePIN apps, offering users a unique and versatile crypto experience.

Blockchain Gaming

The Intersection of Longevity and Bitcoin

The Intersection of Longevity and Bitcoin

Thursday. September 19 at 9:30 AM

Tech entrepreneur Bryan Johnson, known for his anti-aging regimen, sees a strong connection between the longevity movement and Bitcoin. Johnson, who has reversed his biological age by five years, believes that tech developers are drawn to solving complex problems like aging and peer-to-peer cash systems. He envisions futuristic material science advancements to combat aging. Ethereum's Vitalik Buterin has also supported anti-aging research, influenced by SENS co-founder Aubrey de Grey. Other tech figures like Mark Miller, Roger Ver, and Balaji Srinivasan are interested in life-extension techniques. Srinivasan, a venture capitalist, views technology as a means to achieve immortality. The Longevity Science Foundation is exploring how blockchain and cryptocurrencies can revolutionize funding for anti-aging research. This convergence of technology and longevity research hints at a future where AI could potentially make us 'biologically immortal' by 2030.

Blockchain Gaming

Biometric Data Security and Privacy Concerns

Biometric Data Security and Privacy Concerns

Thursday. September 19 at 12:00 AM

Biometric verification has become a common practice in daily life, from work attendance to banking and smartphone access. Despite frequent use, many users overlook what service providers do with their biometric data. Data breaches and privacy concerns are prevalent, raising questions about ownership and future use of such data. In a podcast discussion, Sebastian Rodriguez, Privado ID's chief product officer, highlighted the risks of granting perpetual access to biometric data. Distinct from play-to-earn schemes, selling biometric data raises uncertainties about its future value and applications. Rodriguez also critiqued Worldcoin's monopoly assumption and emphasized the need for caution in handling biometric information. As biometric technology evolves, ensuring data security and privacy remains crucial. Listen to the full podcast on Cointelegraph for more insights on this topic.

Blockchain Gaming