Tianrong Internet Products and Services Inc. (TIPS) Announces Successful Graduation of DEPIN Token for Depinfer and Completion of Phase I Decentralized Deployment
Globenewswire·2026-02-18 17:01

Core Insights - Tianrong Internet Products and Services Inc. has successfully graduated the DEPIN token for the Depinfer project, marking a significant milestone in its decentralized deployment on the Solana blockchain [1][3] - The DEPIN token aims to facilitate a decentralized GPU compute-sharing platform, allowing participants to contribute idle GPU resources for AI inference and compute workloads [2][4] - The initial trading of the DEPIN token generated substantial activity, with 647,541,061 DEPIN tokens pooled and a trading volume of approximately $192,000 within the first 22 hours [3][7] Company Overview - Tianrong Internet Products and Services Inc. focuses on blockchain incubation, decentralized infrastructure initiatives, and Web3 opportunities, providing strategic guidance and commercialization pathways for digital asset projects [5] Project Development - Following the completion of Phase I, Depinfer plans to advance to Phase II, which will enhance access to AI infrastructure and offer cost-efficient alternatives to centralized cloud providers by leveraging underutilized GPU capacity [4][8] - The project aims to implement dynamic resource allocation for AI workloads and strengthen data privacy and security protocols [8] Market Performance - The DEPIN token's initial trading performance is seen as early market validation for decentralized physical infrastructure network models, particularly in the growing demand for AI inference capacity [3]

Tianrong Internet Products and Services Inc. (TIPS) Announces Successful Graduation of DEPIN Token for Depinfer and Completion of Phase I Decentralized Deployment - Reportify