NATIXIANs, we hope that everyone is enjoying their summer as we continue to build, improve, and perfect the best DePIN has to offer. The hot days are less suitable for grandiose things, but they are a sign that it's about to get even hotter.
Until then, we focus our efforts on smaller, but no less important matters that we were forced to put on the slow burner. For that reason, we’ll keep July’s progress update short.
The community numbers never cease to amaze us. With over 259K drivers in the network, we’re pushing through the limit of DePIN, as we continue to scale. Not to mention that with over 195M KMs driven, we’re getting close to hitting the second Network Laps milestone, which will trigger another set of rewards.
The biggest milestone achieved this month is the incredible amount of over 1B data points detected, which means not only are our users putting in the work, but it generates immense value!
We can’t thank VX360 users enough for taking part in this campaign, as you helped spread the word of how DePIN can be used to power the next generation of Physical AI (autonomous vehicles and robots) to the world.
The winners were announced, earning an extra $450 worth of $NATIX for standing out and helping make this community amazing. Kudos to the winners, your videos were fantastic! More similar campaigns are sure to return, so keep your eyes peeled for your chance to win extra rewards.
July’s weather may be hot, but it wasn’t the hottest thing to happen, as the June token burn was issued, with an additional 34.4M $NATIX taken out of circulation. We expect the next couple of burns to match these numbers before we blast it into hyperdrive and reach new heights.
The total amount of $NATIX burned now stands at over 352.5M.
While July is typically a dry season, we still made sure to make waves across the ecosystem. With participation in DePIN Summit and being highlighted in Syndica’s report on Solana’s DePIN ecosystem, NATIX is a well-known brand among Web3 fans all over the world. Nevertheless, we’ll continue to take the opportunity to prove that DePIN is the new frontier.
We hope you all continue to enjoy August days, as there won’t be much to announce next month. We’ll use this time to continue building, fixing, and maintaining ahead of the last quarter of the year, where big things will be coming.
As always, make sure to follow our Twitter @NATIXNetwork to stay up-to-date with our announcements and releases.
