PANews reported on January 20 that according to official news, the decentralized Edge AI infrastructure Network3 announced that it will take a snapshot of users at 8:00 am UTC on January 21 (4:00 pm Beijing time on January 21). Users who have completed registration and bound their wallets before that time will be eligible to receive airdrops in the future. After the snapshot is completed, the software and hardware nodes will switch to produce N3C computing power tokens, which can be exchanged for the main network $N3 tokens.

According to previous news, Network3 token $N3 will start spot trading on Bybit, Gate.io, and BingX on January 22. Currently, Network3 is holding a Pre-TGE airdrop event, which will give back 50 million tokens to the community and node users as rewards. Users can log in to the Network3 official website to complete the designated tasks to get a free airdrop of 40,000 points.

Network3 announced on July 23, 2024 that it had completed a pre-seed and seed round of financing of US$5.5 million. Investors include well-known VCs such as Borderless, EV3 Labs, IoTeX, SNZ, Bing Ventures, Waterdrip Capital, and Web3port Foundation.