Crypto goes to Paris: The Olympics’ unexpected DePIN installation

Crypto goes to Paris: The Olympics’ unexpected DePIN installation

Table of Contents

Today, enjoy the LightSpeed ​​newsletter on Blockworks.co. Tomorrow, get the news that is being delivered directly to your in inventive box. Subscribe to the Lightspeed newsletter.


Welcome!

I have some depression after today’s Olympics. Roku TV from BlockWorks did not see a lot of uses before I was obsessed with games, and it is likely that it is not used much again.

The Olympic flame may have been extinguished, but we keep it alive for another day on Lightspeed:


Password of the Olympics

There was not much encryption ads In the Paris Olympics, I recently heard about one of the interesting ways that Crypto had in summer games.

Weatherxm 40 of the weather stations of the Olympic weather stations. The devices that Assign 900 dollars each, bonuses with the symbols and weather followers, including fine temperatures, solar radiation, and air pressure near the place where the athletes compete.

Fans who watched Australia Samoa can see in the rugby game in The Stade De France, for example, seeing one of these devices near the corner of the stadium.

This installation was met when Yannis Pitsiladis, a professor and member of the International Olympic Olympic Committee, was concluded, a partnership deal between Weatherxm and its HumanteleTrics, Thanos Dasalopoulos, Business Director at Weatherxm. Humantelemetrics has bought 40 from the weather station and will now receive symbolic bonuses to participate in the network.

In a statement, Pitsiladis explained that sensors will be used to track the “local climate” in sporting events to maintain the safe athletes and observers during “extremist environmental conditions”. Therefore, weatherxm stations may provide more accurate monitoring of lightning or excessive heat storms.

Daskalopoulos said that from the point of Weatherxm, what the “terrorist” weather – of the type that has been collected by the weather forecast was collected.

Weatherxm is a decentralized material infrastructure, or a material infrastructure, which has individuals who spread their own devices as part of the infrastructure networks that are stimulated using encrypted codes. One of the common examples is Helium, which runs the decentralized Internet of Things (IOT) using “miners” that drive bonuses in Solana’s -based symbols.

Some Weatherxm stations use the IOT Helium network, although the pulse stations bought by Pitsiladis and its company no, no, According to To Explorer Weatherxm. The WEATXM code depends on Ethereum.

One of the questions that all DePin projects have to account is whether they can find a request source to make the network contract to be operated as possible. Daskalopoulos told me that Weatherxm is currently focusing on the demand for business (B2B) and is preparing to launch the API platform in the fourth quarter this year. Daskalopoulos said that weatherxm are currently with two exercises in “ports, agriculture and insurance infrastructure” as he is holding talks with weather and climate companies.

In addition, as we know, it is doing commercial works around the Olympic Games.

The International Federation of Sports Medicine (FIMS), which is Subordinate With IOC, he is a third partner in the deal between Weatherxm and HumanteleTrics, according to a statement of Pitsiladis. Daskalopoulos said Weatherxm issued Humantelemetrics a license to access data, but her relationship with Fims is still in review.

Andrew told me that weatherxm sensors during the Olympic Games will appear in a coming report, and Andrew told me that weatherxm sensors during the Olympic Games will appear in a coming report.

Jack Kobinic

Zero in

Here comes Camino.

The lending protocol has become the second largest Solana Defi project through the total closed value, according to Devilia.

Part of Kamino’s last use of the PyusdCoin incentive program came from PayPal. Those who provide the special code for the platform earn 18.58 % of APY, according to Kamino.

Of the about 705 million pyusd symbols, about 250 million are held on Kamino.

Jack Kobinic

Pulse

Friday, the distinctive icon bomber is no longer a pump. Von Declare This distinctive symbol creation will be for free soon. Instead of paying $ 2, the cost is transferred to the first poor spirit that buys a certain currency. For Devs who managed to complete the bonding curve, there is an elegant small reward: 0.5 Sol (about $ 80). This payment comes from the reduced immigration fees for Pump.fun, now 1.5 Sol, a decrease of 2 Sol. So, the incentive exists whether DeV has carried the currency or still.

Crypto Twitter, skeptical ever. Anon_rip Piercing“I don’t see how this system is not exploited by people who buy their own icons 100 times to make 50 Sol,” while yogurt_ETH Add“It is good, and now excessive inflation will continue in the coins with the Devs with anything in their strength to launch hundreds of coins per day in the hope that it will reach $ 80.”

One user Duplicate Shortly after the switch, only 0.12 % of the newly launched codes were up to Raydium.

But hey, some in chaos. “This is beautiful. Incentives are good. It will attract more users and give them attention to creating more.” male Remy_bull. However, others do not buy it. @Kinggwhite criticize“How is this victory? to request“Isn’t this a ten -fold size of the distinctive symbols as all prozlin tries to get 0.5 Sol?”

Pump.fun’s Gamble can bear fruit or flood the market with garbage (more). As @georgehristov7 He saidIt is “the greatest casino on the ground.”

Jeffrey Albous

Good one dm

A message from Rob Hadik, General partner in dragonfly:


Start your day with the highest visions of encryption from David Kanis and Catherine Ross. Subscribe to the newsletter of the empire.

Explore the increased intersection between encryption, macroeconomic, politics and financing with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the guideline newsletter forward.

Get alpha directly in your inbox with 0xresearch newsletter – The most prominent market, charts, Degen commercial ideas, governance updates, and more.

The newsletter of light is all the Solana things, in your in the inbox, every day. Subscribe to Solana Daily Solana News From Jack Kubinic and Jeff Albous.

Our offer on Sallar Marketplace