Press Release

IoTeX-Led Showcase of DePIN Innovation Draws Global Attention as Crypto’s Got Talent Wraps Phase 1

April 30, 2025 — San Francisco  — Crypto’s Got Talent (CGT), the world’s first live talent show spotlighting the next wave of builders in the Decentralized Physical Infrastructure Networks (DePIN) movement, has officially concluded Phase 1: Live Pitches with overwhelming success. Powered by IoTeX, in collaboration with Polygon Labs, and ElizaOS, CGT has flipped the traditional grant process, offering unprecedented visibility, transparency, and real-time community participation.

From logistics to AI, EV infrastructure to decentralized science, CGT attracted over 190,000 impressions, 40,000+ live views per episode, and nearly 3,000 community votes, setting the stage for a new era in Web3 builder support. Eleven standout projects have now advanced to Phase 2, where they will deliver deep-dive demos to a global audience for a chance to win a $500,000 project grant.

Crypto’s Got Talent: Where DePIN Dreams Take the Spotlight

“CGT is more than a talent show—it’s a global launchpad for builders, creators, and dreamers,” said Jing Sun, Co-Founder of IoTeX. “We’re proud to host the world’s first DePIN-native showcase, where real problems meet real solutions—and where innovation meets inspiration.”

Projects were evaluated live by leading voices from across the Web3 ecosystem, including VCs, KOLs, DePIN experts, and ecosystem partners. The standout semi-finalists include Nubila, DeCharge, JamGalaxy, Rovr, Flashback, Captur Network, GenPulse, Gargoyle Systems, Axal, Traxa DAO, Lilypad, Avo, and Datagram, each tackling real-world infrastructure problems with blockchain-based solutions. Giuseppe De Luca, Head of Developer Relations at IoTeX, commented: “Developers are the heartbeat of Web3. CGT gives them the stage to turn that pulse into a movement. We’re witnessing DePIN projects evolve from pitch to platform, and it’s just the beginning.”

Phase 2 will kick off with live streamed demos, pitch decks, and in-depth Q&As where semifinalists will showcase their product-market fit, infrastructure alignment, and real-world deployment plans. These demos will be evaluated on technical feasibility, and potential for real-world adoption, with community members and industry leaders weighing in once again. Leonarda Rajeckyte, Ecosystem Lead at CoinMarketCap Labs & Launch, shared: “”Crypto’s Got Talent is a great way to spot DePIN innovation. As a judge, I was excited to see the caliber of builders launching in the space. The show brings together a solid mix of DePIN solutions and I’m excited to be a part of it!”

With backing from Messari, Polygon, Samsung Next, and AggLayer, CGT is shaping up to be the go-to stage for emerging DePIN startups.

CGT on Spotify: Listen Now

Catch past episodes and apply for Season 2: iotex.io/cryptos-got-talent

Explore docs and project details: CGT Docs

For media inquiries, partnership opportunities, or to become a sponsor of Crypto’s Got Talent, please contact:

press@iotex.io

About IoTeX

IoTeX is DePIN’s only modular infrastructure platform connecting smart devices and real-world data to blockchains. As the leading provider of DePIN infrastructure, IoTeX facilitates new rewards from devices and on/off-chain activity for users, turns personal devices into communal economies, and tokenizes the “data of everything.”

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