Sailing to Success: A Night to Remember of DePIN Alliance Yacht Party

U2U Network
U2U Network
Published in
6 min readJun 8, 2024

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The DePIN Alliance Yacht Party officially concluded, heralding a promising future for DePIN in Vietnam and globally.

A collaborative effort by U2U Network, Chain Capital, and JDI Ventures, the DePIN Alliance Yacht Party aimed to pave the way for a brighter future for DePIN. As the most anticipated side event of GM Vietnam — Vietnam Blockchain Week, Vietnam’s most highly anticipated blockchain conference, the party became a hotspot for over 150 top-tier VCs, industry leaders, and influential figures in blockchain, DePIN, RWA, and key members of the Web3 market. Notable attendees included IoTeX, Bmoon, Borderless Capital, MVL Chain, Deeplink Chain, NOTT, Aethir, Witness Chain, Powerpod, AzCoiner, Farmsent, Hashlock, Haven1, ATOR, Hotspotty and many others. The event successfully showcased the potential and innovation within the DePIN ecosystem, setting the stage for future advancements and collaborations.

The event achieved remarkable audience engagement, evidenced by impressive metrics: 800+ registrations, 200+ total approved attendees, a total of 1,000,000+ impressions across all our social media platforms and event channels. Also, over 360,000 people at Times Square witnessed our event, significantly extending our reach and showcasing it to a global audience. These figures highlight the high level of interest and active participation from our attendees, contributing significantly to the overall success of the event.

Kicking off the event, Mr. Luu Tran, Co-Founder & CEO of U2U Network, welcomed all guests and delivered an inspiring opening speech. He expressed his utmost appreciation to all the participants and partners who collaborated to create such an innovative playground for all DePIN enthusiasts. He emphasized the potential of advanced DePIN technology and its revolutionary impact on the world. Mr. Luu highlighted that the DePIN Alliance Yacht Party was just the first step in building a bright future for DePIN, stating, “Together, I believe we can shape a future where DePIN can empower individuals and communities.”

Following Mr. Lew Tran’s opening remarks, Mr. Simon Li, Founder of Chain Capital, took the stage. He discussed Chain Capital’s commitment to driving DePIN projects, especially in Vietnam, to reach the global market. Mr. Simon also shared his admiration for the incredible team at U2U Network and how our visionary approach impressed Chain Capital. After working with U2U Network, Chain Capital decided to invest in U2U Network, became the Lead investor in the Seed Round, and joined the journey of revolutionizing the future of DePIN.

Next on stage was Ms. Ruki, Vice President of Strategic Partnerships at JDI Ventures. In her speech, she highlighted JDI Ventures’ mission “to push the boundaries of Web3 technology and DePIN projects through investments and cooperation.” She emphasized that “DePIN is the future,” which is why JDI Ventures partnered with U2U Network and Chain Capital to host the biggest and most luxurious DePIN networking event in Asia, the DePIN Alliance Yacht Party.

The most anticipated segment of the evening was the Panel Discussion titled “Sharing Resources, Shaping Future,” featuring experts from U2U Network, MVL Chain, Deeplink Chain, NOTT Innovative Technology, and Haven1. The panel provided valuable insights into DePIN’s unique business model, its robust measures for data privacy and user control, and the main challenges and opportunities in scaling for wider adoption. They also talked about how DePIN is a real solution for DeFi, discussed the role of AI and machine learning in optimizing operations, and shared their vision for DePIN’s future evolution and expansion. This engaging session deepened attendees’ understanding of DePIN’s potential in blockchain technology.

Following up was the introduction of Mistery Lab, presented by Mr. David Bui, Co-Founder & Director at Mistery Lab. David emphasized Mistery Lab’s commitment to innovation and their vision to play a pivotal role in the evolution of decentralized technologies. The audience was captivated by his insights and the potential impact of Mistery Lab on the blockchain landscape.

Finally, to wrap up the event, the most anticipated part began — a networking party on a luxurious yacht, creating the most dynamic atmosphere of the evening. During the yacht networking party, participants had a fantastic time connecting, mingling, and sharing their ideas and projects. The spirit of “sharing resources, shaping the future” of DePIN in Vietnam and globally was at the forefront, making it a memorable and impactful conclusion to the event.

DePIN Alliance Yacht Party has laid a robust foundation for DePIN projects in Vietnam to thrive on the global stage, setting the stage for a brighter future for DePIN. This event was a showcase of innovative ideas and groundbreaking technologies, fostering valuable connections among top-tier VCs, industry leaders, and influential figures in the blockchain space. The discussions and networking opportunities provided a platform for sharing resources and shaping the future of DePIN, highlighting its immense potential and strategic importance.

We extend our heartfelt gratitude to all the co-hosts, partners, and participants for their invaluable contributions and unwavering support. Your presence and collaboration were crucial in making this event a remarkable success. Together, we are not just envisioning a decentralized future but actively building it. Thank you for being a part of this incredible journey toward innovation and excellence in the DePIN ecosystem.

Now, let’s take a look at the highlight moments of DePIN Alliance Yacht Party:

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U2U Network
U2U Network

U2U Network is a DAG (Direct Acyclic Graph) based and EVM-compatible chain leverages Subnet technology to provide infinite scalability and perfect fit for DePIN