Network3, a key component of the IoTeX ecosystem, has reached a significant milestone, exceeding 190,000 nodes worldwide. These nodes are spread across 175 countries and regions, including major regions such as Europe, North America, and Southeast Asia.

These nodes are part of a decentralized network that enables users to contribute resources such as bandwidth and computing power to support the training of small AI models. In return, node users receive incentives, making it a mutually beneficial arrangement. This decentralized approach allows for the efficient and cost-effective development and deployment of AI and DePIN projects.

IoTeX, the parent ecosystem, is a modular AI+DePIN infrastructure platform that utilizes unique physical device identifiers (ioID), a physical world data verification platform (W3bstream), and a visual AI+DePIN data center (DePINscan). These tools enable AI and DePIN projects to seamlessly connect to Web3, paving the way for large-scale applications.

The rapid development of the IoTeX ecosystem this year has been remarkable, with AI and DePIN projects across various scenarios, including distributed computing power, energy systems, and smart wearables, already or soon to rely on IoTeX's modular support. This growth is a testament to the platform's ability to facilitate the development and deployment of innovative AI and DePIN applications.

In conclusion, the success of Network3 and the IoTeX ecosystem is a significant step forward in the development of AI and DePIN applications. The decentralized approach and modular infrastructure of IoTeX have enabled the creation of a global network of nodes, providing a platform for the efficient and cost-effective development and deployment of AI and DePIN projects.