In recent times, SmartChain, a blockchain dedicated to the DePIN lane, has taken a significant step by announcing an investment in SmartWatch as a crucial part of its ecosystem. This move aims to deepen SmartChain's influence in the Web3 field through close cooperation with the DePIN DAO ecosystem alliance and top Web3 mobile platform CoralApp, providing users with a richer and more diverse range of services and participation avenues. The partnership will jointly explore the potential of Web3 DePIN application markets, promoting their rapid growth and practical implementation. This action not only strengthens SmartChain's core competitiveness in the Web3 ecosystem but also brings more diversified and innovative service experiences to users, accelerating the overall development pace of the Web3 DePIN lane.