Gate Crypto News

4 Oct 2025 13:07

IoTeX, the blockchain platform specializing in Real-World AI, has announced the return of its popular competition, Crypto's Got Talent (CGT), for a second season. The event, set to commence on September 8, will spotlight 25 teams across a series of episodes, culminating in a live finale.

CGT, a community-driven initiative designed to unearth and nurture high-potential Decentralized Physical Infrastructure Network (DePIN) projects, has garnered significant attention in the crypto space. The competition's inaugural season attracted nearly 200,000 impressions and provided support to five diverse projects spanning energy, mapping, drone technology, environmental data, and finance sectors.

For its sophomore run, CGT aims to blend entertainment with ecosystem collaboration and tangible funding opportunities, fostering Web3 adoption. The competition will unfold over eight to nine episodes, with participants vying for milestone-based grants. Six winning projects will ultimately secure funding, along with an additional 4-6 months of post-competition support to aid in scaling and delivering measurable outcomes.

Jing Sun, co-founder of IoTeX, emphasized the competition's focus on builders addressing real-world infrastructure challenges. She noted, "The success of Season 1 demonstrated the crypto community's hunger for innovative DePIN projects. We're excited to make Season 2 even more impactful on a global scale."

The competition maintains its unique format, featuring public pitch rounds, video demonstrations, and a final showcase. Winners will be selected based on their innovative approach, execution prowess, and potential for real-world impact, with input from both the community and a panel of judges and mentors.

Michael Heinrich, CEO and co-founder of 0G Network, the Layer 1 network built for AI that is sponsoring the event, expressed enthusiasm for the competition. "CGT aligns perfectly with our mission to empower AI and Web3 innovators. In collaboration with IoTeX, we're supporting teams that are pushing the boundaries of decentralized infrastructure and real-world AI applications," Heinrich stated.

Since its inception in 2017, IoTeX has emerged as a significant player in the blockchain space, powering over 100 projects and 40 million devices across various sectors including mobility, robotics, energy, and health. The platform facilitates access to verified real-time physical world data for AI systems and DeFi applications.

In a notable development, IoTeX has recently been listed on CF Benchmarks, an FCA-regulated crypto index provider utilized by major financial institutions. This listing paves the way for banks and asset managers to develop regulated products such as ETFs and derivatives using IOTX.

As the crypto community eagerly anticipates the commencement of Crypto's Got Talent Season 2, it's clear that the competition is poised to play a crucial role in driving innovation and adoption in the DePIN and Web3 spaces.

*Disclaimer: This article is for informational purposes only. Past performance does not guarantee future results.*