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What’s New in DePin: Aethir Integrates LayerZero, The Graph Introduces GRC-20, DCG Launches Ecosystem Accelerator

What’s New in DePin: Aethir Integrates LayerZero, The Graph Introduces GRC-20, DCG Launches Ecosystem Accelerator

BeInCryptoBeInCrypto2024/11/25 09:00
By:Landon Manning

Decentralized tech thrives with Aethir’s LayerZero partnership, The Graph’s GRC-20 launch, and DCG’s Yuma initiative for AI startups.

Decentralized Physical Infrastructure Networks (DePin) are transforming the tech by enabling decentralized projects in real-world infrastructure.

Here’s what happened in DePin sector recently: Aethir partnered with LayerZero to support blockchain development, The Graph announced a new GRC-20 standard for Web3 data, and Barry Silbert’s DCG launched the Yuma ecosystem accelerator.

Aethir Integrates LayerZero

Aethir, the DePin “GPU-as-a-service” network, recently announced a new partnership with LayerZero to support blockchain development. Specifically, Aethir claimed that this partnership will transform the company into a “multichain AI and gaming ecosystem.” This investment aligns with Aethir’s other recent collaborations for AI-centric game development.

“With the help of LayerZero, Aethir’s DePIN stack will transition to a multichain network infrastructure, which will ease the Aethir GPU infrastructure’s upcoming migration to Sophon’s ZK chain. LayerZero’s omnichain technology will maintain network stability [while] ensuring a frictionless experience for the Aethir community,” the company’s blog post claimed.

Although Aethir’s core business model is ostensibly a DePin GPU network, the firm has been heavily investing into AI gaming development. Last month, it launched a $100 million ecosystem fund to support independent developers in this sector. Earlier today, it also announced DePin Stack integration to further optimize its cloud gaming services.

The Graph Introduces GRC-20 Standard

The Graph, a decentralized blockchain indexing system, made a blog post announcing their new GRC-20 Knowledge Standard. This will create a new baseline for Web3 data, specifically how it is structured, stored, and connected, similar to the ERC-20 protocol for Ethereum. This comes after developer Yaniv Tal proposed a practical implementation via GitHub:

“Knowledge is created when information is linked and labeled to attain higher understanding. This document outlines [a] serialization format for knowledge data that is anchored onchain, shared peer-to-peer or stored locally. Using this standard, any application can access the entire knowledge graph, [producing] knowledge [to] become part of The Graph,” Tal said.

The Graph stated in its blog post that it hopes to replace the Resource Description Framework (RDF), the current Web3 knowledge standard. GRC-20 will improve on RDF in multiple ways, being Web3-native and less reliant on centralized server operators. Additionally, it will render data in an easily visualized manner, important for “cumbersome and complex” proposals.

What’s New in DePin: Aethir Integrates LayerZero, The Graph Introduces GRC-20, DCG Launches Ecosystem Accelerator image 0The Graph GRC-20 Knowledge Graph. Source: The Graph

DCG Launches Yuma Ecosystem Accelerator

Digital Currency Group (DCG) announced the launch of Yuma, a new subsidiary led by DCG founder Barry Silbert. Yuma will be an “ecosystem accelerator” for startups on Bittensor’s platform, hoping to decentralize AI development.

“Yuma offers startups and enterprises access to everything they need – including capital, technical resources, and operational support – to deploy their innovative ideas onto the Bittensor network. Yuma will shift the transformative power of AI and machine learning away from centralized companies to an open and accessible resource for all,” Silbert stated.

Analyst Mark Jeffrey called Yuma “sort of a Y Combinator for decentralized AI apps,” and said that Silbert had more conviction for this project than anything since the early days of Bitcoin. Silbert himself retweeted these comments, validating the sentiment. This new resource could provide radically transformative benefits for new AI developers.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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