Intro

This October has been a pivotal month for AiGO Network, marked by significant growth, rapid increase in strategic partnerships, and the expansion of digital footprint. Also, right at the end of the month, the web3 industry got its Uptober vision realized with Bitcoin almost reaching the all-time high and Top 200 altcoins rising by over 20%. Here’s a detailed look at what transpired.

User Growth and Engagement

The AiGO ecosystem has seen remarkable growth this month. The number of devices using the AiGO app has surpassed 130,000 (to be specific, 134,772 devices across 52 countries & regions as of the writing time), indicating a strong adoption rate among users. This growth is not just in numbers but in engagement, with over 310,000 transactions recorded on the Base blockchain. The network’s social presence has also expanded, with combined followers now exceeding 291,000. This growth underscores the increasing interest and trust in AiGO’s vision.

Product Developments

The AiGO Ride mobile app (App Store | Play Store) became available as a mini-app on Telegram, boosting the AiGO usability and adoption in October. More than one billion people use Telegram and don’t need to install a standalone app to enter the AiGO ecosystem. This allows users to access core features of the AiGO Network directly through Telegram, enhancing user interaction through daily check-ins, friend invitations, and participation in various competitions, all of which contribute to earning GO points. This move is called for, because DePIN is one of the top growing sectors in web3, along with Memes, AI, BRC-20, and RWA:

Source: https://x.com/milesdeutscher/status/1851303995715022850

In order to further boost brand visibility, AiGO Network secured a listing on DappRadar, a highly trusted source for exploring web3 projects across 60+ blockchains.

To keep the community informed and engaged, the AiGO website underwent an update, providing a fresh interface for users to explore the project’s overview, data, ecosystem partners, and delve into the realms of mobility data and DePIN.

Strategic Partnerships

In October AiGO revealed the full set of its strategic investors. Their combined support has enabled AiGO to achieve over 130,000 active devices using our various applications in just one month.

• K300 Ventures: A well-known name in the Southeast Asia region and a crypto powerhouse in Vietnam. Partnered with Coin98, Avalanche, and Immutable X.

• Waterdrip Capital: A highly digital renowned blockchain investment institution that focuses its investment strategy on DePIN and the BTC ecosystem. Invested in Polkadot, Footprint and Cosmos.

• Chain Capital: A leading crypto fund in Asia since 2017. Invested in Solana, Klaytn (now Kaia), and Algorand.

• Ticker Capital: A South Korea and Hong Kong-based web3 investment and acceleration firm with market resources and deep connections within the Asian blockchain landscape. Invested in 50+ gaming, AI, and DePIN projects.

• Cryptomind Group: Thailand’s pioneer in digital asset financial services and investment product development since 2017, holding licenses for Digital Asset Fund Management and Advisory Services in Thailand and offering a comprehensive range of services in the blockchain sector.

Besides web3-faced VCs, the existing partnership between AiGO Network and South Korea’s food delivery service company NyamNyam Box was upgraded to become strategic. Thanks to their extensive web2 expertise and advanced AI routing technology, NyamNyam Box will drive progress in the mobility data and delivery industries across South Korea. For reference, NyamNyam Box has over 5,000 registered riders, more than 80 branches, and partnerships with over 7,000 restaurants nationwide.

Community and Sentiment

On October 7, AiGO joined the PinGo DePIN Gala Space Episode 3 together with the esteemed projects Nubila Network, Huddle01 dRTC, Roam by MetaBlox, DePHY, and SendingNetwork for a fresh and insightful discussion on DePIN.

AiGO put excitement in the air with the announcement of “DePIN Summer,” hinting at upcoming initiatives or features that could involve decentralized physical infrastructure solutions and related technologies. There always is something behind the teaser, keep your eyes peeled for AiGO!

Conclusion

October 2024 has been a month of robust growth and strategic advancements for AiGO Network. From expanding its user base and enhancing its product offerings to forming key alliances, AiGO is clearly positioning itself as a significant player in the blockchain and mobility data sectors. The community’s engagement is on an upward trajectory, buoyed by the network’s developments and the promise of what’s to come. As AiGO continues to evolve, it stands as a testament to the dynamic potential of blockchain technology in real-world applications.

About AiGO

AiGO Network is committed to creating a comprehensive go-to solution to all mobility scenarios, guiding urban planning, enhancing traffic efficiency, automobile and navigation in the 21st century — ultimately creating a more livable and sustainable world.

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