BlockBeats News, March 1st, during ETHDenver 2025, the DePIN + AI R3al World Summit co-hosted by IoTeX and ElizaOS successfully concluded, attracting over 1200 registered attendees, including 500+ industry leaders, venture capital representatives, and government officials gathered in Denver to explore the integration of DePIN and AI. IoTeX CEO Raullen and Multicoin Capital Partner Shayon engaged in a fireside chat discussing how DePIN is breaking the AI data silos and compute bottlenecks. Raullen emphasized that DePIN enables AI to perceive reality through its "senses" and act through its "limbs" by connecting millions of devices. Blockchain Association Policy Director Salah and IoTeX Ecosystem Lead Larry also held a dialogue on global regulatory trends, highlighting that the interaction between AI and the physical world should be built on a compliant and decentralized framework.
EV3 Ventures Researcher Vinayak pointed out that in 2024, the total market value of the DePIN track surpassed $500 billion, covering over 250 tokens, far outperforming the overall cryptocurrency market. GEODNET Founder Mike shared how his team, leveraging blockchain technology and the DePIN community, has built the world's largest decentralized real-time kinematic (RTK) positioning network and integrated AI algorithms to achieve centimeter-level geospatial data resolution. At the summit, IoTeX showcased Bino AI, jointly developed with Eliza Labs—the first perception-based AI agent on the DePIN network, demonstrating the closed-loop capabilities of "perceive-decide-execute."
Since its founding in 2017, IoTeX has continued to collaborate with giants such as Grayscale, Coinbase, and serves as the Co-Chair of the Blockchain Association DePIN Working Group.