Quick take:
- Atlas Network by NodeOps rebrands to NodeOps Network.
- The network currently supports over 80 chains and services including Movement Labs, Avail, CARV, Celestia, and Farcaster.
- The piloted incentivised testnet attracted more than 282k verified users and a total of 3.44 million registered wallets.
NodeOps, the chain-agnostic DePIN orchestration layer, was the fourth top-earning decentralised physical infrastructure network in 2024, with $2.53 million in annual recurring revenue.
The company has followed that milestone with Atlas Network, NodeOps’ DePIN orchestration layer’s rebranding to NodeOps Network. Atlas Network was the name used to pilot the incentivised testnet, which according to the latest metrics attracted more than 282k verified users and a total of 3.44 million registered wallets.
The rebrand fits in NodeOps’ overall strategy to expand the NodeOps ecosystem, which features four core services including NodeOps Console, NodeOps Validator, NodeOps Cloud, and an upcoming product, dubbed “Agent Terminal”.
Commenting on his company’s rapid growth into cash positive NaaS (Node-as-a-Service) offering, Naman Kabra, the CEO & Co-Founder of NodeOps, said, “NodeOps Network’s discovery phase indicates market demand far exceeding our early expectations. This positions us to scale effectively and unlock new offerings”.
This milestone achievement comes at a time when the DePIN sector continues to experience accelerated growth and interest from venture capital investors. According to Messari, this burgeoning crypto vertical attracted more than $350 million in funding across pre-seed, seed and Series A rounds in 2024.
Moreover, the sector now counts more than 13 million devices contributing to the DePIN ecosystem daily.
Decentralised Physical Infrastructure Networks are being used to decentralise traditional service networks like general-purpose compute (GPUs), energy grids, transportation networks, or telecommunication systems, allowing individuals and organisations to contribute their physical resources in exchange for tokenised incentives.
Stay on top of things:
Subscribe to our newsletter using this link – we won’t spam!
