DePIN projects are flourishing, with each multi-chain ecosystem having its own characteristics.

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Overview of DePIN Projects on Major Public Chains

With the continuous development of decentralized physical infrastructure networks (DePIN), projects on different public chains are showing a trend of diversification. Although Solana has recently attracted much attention, some well-known DePIN projects are beginning to choose Arbitrum and Polygon as their underlying technological support. At the same time, public chains specifically aimed at DePIN, such as IoTex and Peaq, as well as L1 and L2 public chains focusing on artificial intelligence, such as Near and Aptos, are expected to continue to grow in the future.

Ethereum: A Representative of Diverse Applications

The DePIN projects on Ethereum demonstrate a wide range of application scenarios:

  1. ORA: A verifiable AI oracle that is developing technology to bring AI models onto the blockchain.

  2. ATOR: A decentralized WiFi network where users can earn token rewards by providing bandwidth. The project has 3,400 nodes and a market capitalization of approximately $76.72 million.

  3. AIOZ: A comprehensive DePIN solution that covers fields such as Web3 storage, decentralized AI computing, and streaming. Currently has over 180,000 nodes, with a market cap/fully diluted valuation of approximately $510 million.

  4. Janction: An AI Layer2 project that provides GPU network and traceable data input services for small and medium-sized enterprises and startups.

  5. Deeper: A decentralized VPN network with 150,000 nodes, fully diluted valuation of approximately $23.47 million.

Solana: Leading Number of Nodes

The DePIN project on the Solana blockchain is known for its large number of nodes:

  1. A wireless hotspot network project: has over 1 million nodes and a market value exceeding 1.1 billion USD.

  2. A certain GPU network project: Users can contribute idle GPU resources to complete rendering tasks and earn rewards. The project has 3,783 nodes and a market capitalization of over $2.3 billion.

  3. A certain map data network: Users contribute map information by providing dashcam data. The project has over 150,000 nodes and a market value of approximately 169 million dollars.

  4. DePHY: An integrated framework dedicated to simplifying DePIN project development.

  5. HajimeAI: A Solana sidechain project focused on bringing multi-intelligent AI to the blockchain.

Polygon: Highest DePIN Activity

The DePIN projects on the Polygon network exhibit a high level of activity.

  1. A vehicle sensor project: a decentralized automotive data network with over 100,000 nodes and a market capitalization of approximately $32.9 million.

  2. A WiFi hotspot project: a WiFi sharing network with 15 million nodes, with a market value of approximately 11.13 million USD.

  3. A certain geographic data network: Users can obtain rewards by installing GNSS antennas, applicable to multiple industry sectors. The project has 8719 nodes and a market value of approximately 20.77 million USD.

Arbitrum: A Choice for Mature Projects

There are some mature DePIN projects on Arbitrum:

  1. A decentralized video streaming project: a decentralized video streaming network where nodes earn rewards by providing computing resources and bandwidth. The project has a market capitalization of approximately 483 million dollars.

  2. A WiFi project: a WiFi sharing platform where users can purchase dedicated devices to share WiFi and earn token rewards. The project has 1832 nodes and a market cap of approximately $1.49 million.

IoTex: Sensor-Dominated Ecosystem

The projects on the IoTex chain mainly focus on the fields of sensors and the Internet of Things.

  1. Wayru: A decentralized WiFi network where users can set up nodes in various ways to share WiFi and earn rewards.

  2. Inferix: A decentralized GPU network with 1533 nodes.

  3. PowerPod: A decentralized electric vehicle charging station network currently in development.

  4. Network3: A decentralized AI network in the testing phase, where users can provide various resources to support the operation of AI models.

Peaq: An Incubator for Innovative Use Cases

The projects on-chain of Peaq showcase the innovative potential of DePIN:

  1. Natix: A decentralized camera network aimed at building a real-time world map, with a market capitalization of approximately 19.18 million USD.

  2. Silencio: A global noise pollution measurement network where users can participate in measurements through their mobile phones and earn rewards.

The diversity and innovation of these projects showcase the immense potential of the DePIN field, while also reflecting the unique advantages of different public chains in supporting DePIN projects. With continuous advancements in technology and the expansion of application scenarios, DePIN is expected to continue its rapid development in the future, bringing new opportunities for the practical application of blockchain technology.

Overview of Major DePIN Projects on L1/L2

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BuyHighSellLowvip
· 07-27 17:31
Another wave of suckers is here.
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NFTRegretDiaryvip
· 07-27 07:58
A pile of white chains, everything has an Oracle Machine.
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LoneValidatorvip
· 07-24 22:27
Sound serious but actually just a bluff.
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CommunitySlackervip
· 07-24 22:21
Multi-chain mixing is a bit top.
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PumpStrategistvip
· 07-24 22:16
Projects that can't raise funds are all piled up in depIN to Be Played for Suckers.
View OriginalReply0
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