HashPower has signed a Memorandum of Understanding (MOU) securing up to $50 million in investment for its $HPX token.
The announcement was made during the AI & DePIN Powerhouse event at Consensus HK, a significant gathering focused on the future of decentralized AI and infrastructure.
A Successful Web3 Event Brings Industry Leaders Together
The AI & DePIN Powerhouse event brought together over 2,000 attendees, including leading founders, investors, and industry experts. The event featured discussions on decentralized artificial intelligence, blockchain-powered infrastructure, and new opportunities within Web3. Panels, networking sessions, and keynote speeches provided insights into the evolving landscape of decentralized technology.
A key highlight was a discussion with Invest HK, focusing on the long-term impact of decentralized AI and the role of infrastructure in shaping the industry.
The newly established MOU includes agreements with Aethir, Network3, Multiple Network, XPIN Network, Planck Network, DMC AI, and Inferix.
These partnerships aim to support ecosystem growth, technological progress, and industry-wide collaboration. By pooling resources, conducting joint research, and making targeted investments, these organizations will work together to advance decentralized AI and infrastructure solutions.
HashPower’s initiative aligns with the broader trend of integrating artificial intelligence with decentralized networks, paving the way for a more efficient and scalable Web3 ecosystem.
The success of the AI & DePIN Powerhouse event was made possible by the contributions of leading sponsors and partners. Companies such as Gaianet, DMC.AI, Wearfit, BIT, Likwid.fi, IO.net, IoTeX, Filecoin, elizaOS, Amber Group, Fenbushi Capital, Nubila, Cyberport, and FBG Capital played a vital role in supporting the event and its discussions on the future of AI-driven blockchain infrastructure.