DeNet April Highlights
April was a great start for DeNet in Q2 2024. The month was filled with remarkable product updates, growth within our community, increasing recognition of the DE token, and our participation in TOKEN2049, the largest crypto gathering. DeNet continues making remarkable strides in the DePIN sector, with results that simply cannot be overlooked. Here’s more detail on this month’s progress.
Numbers
- Opened storage deposits reached 5 PB;
- 2.9 PB of opened storage deposits within the Store&Earn program;
- Discord community members reached 1000;
- Datakeepers network continues to expand, with a total number of 56;
- ~15 TBY were paid to active community members.
Updates and releases
DeNet Storage v1.15.0: meet the file sharing feature!
DeNet Storage had a remarkable update that introduced a new feature for generating private file links for sharing. Here is a video on how it works: https://www.youtube.com/watch?v=gVt5dINHeaY
Additional improvements include enhancing UI, fixing errors, increasing speed and stability, and optimizing the overall performance.
DeNet Node v1.4.5
The latest version of DeNode came with enhanced replication stability, a gas limit update, minor bug fixes, and internal improvements.
Datakeepers experience is continuously enhanced as contributing the resources as part of the DePIN initiative must be made easily accessible, financially rewarding, and appealing to all.
Store&Earn Web Version release (beta)
Store&Earn has made a significant impact on the development of the DePIN sector, and it is now even more accessible in its Web version. This version offers the following features:
- Making storage deposits;
- Completing selected tasks to increase rewards (such as inviting friends, making posts, and becoming a Datakeeper);
- Claiming rewards.
As an added bonus, 4.9 TBY has been distributed among beta testers.
DE token recognition
DeNet File Token $DEwas gaining momentum on Coingecko in April. The token marked as the largest gainer in the categories:
- Top DePIN Coin by Market Cap
- Top Storage Coin by Market Cap
- Top Infrastucture Coin by Market Cap
And among the largest gainers of Polygon Ecosystem Coins.
Community
April marked a significant milestone in the growth and development of the DeNet community. The DeNet Discord community has successfully reached the impressive mark of 1000 members!
The growing support for DeNet Storage Protocol and its associated services is evident as more individuals demonstrate their belief and commitment. In recognition of the dedicated members’ contributions, ~15 TBY were distributed in April as a reward.
Datakeepers: contributors to DePIN
The DeNet Datakeepers network is growing fast and getting stronger. With a total of 56 Datakeepers, 2500 proofs for storing users’ files were sent in April, resulting in a reward of 11.6+ TBY_mined. In addition to this, ~6.9 TBY have been distributed as a system reward.
It is worth mentioning that Datakeepers are the recipients of the most substantial rewards within the Store&Earn program, thanks to the incredible boost of 4 for their role. Keep up the excellent work!
TOKEN2049 Conference
The DeNet team participated in the largest crypto gathering, TOKEN2049, which took place in Dubai and brought together crypto enthusiasts from around the world.
It was an incredible opportunity to connect with like-minded individuals who share a genuine interest in decentralization and real-use products, rather than speculative trends. Several of the meetings bear great significance and we’re preparing to announce some promising collaborations soon.
TOKEN2049 also bolstered our confidence in DePIN and its potential to thrive in the next bull market, much like what was seen with DeFi.
April 2024 was truly a month to remember. With its strong position in the DePIN sector, the recognition it has received from the market, and the support of the community, DeNet is ready to skyrocket.
