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The DePIN project is thriving on major blockchain platforms, with Ethereum and Solana leading the way.
The Current Development Status of DePIN on Different Blockchains
Recently, despite the widespread attention on Solana, some well-known DePIN (Decentralized Physical Infrastructure Network) projects have started to choose Arbitrum and Polygon as their underlying Blockchains. As the DePIN field continues to develop, it is expected that Blockchains focusing on DePIN such as IoTex and Peaq, as well as L1 and L2 chains like Near and Aptos that are vigorously developing AI, will continue to grow.
Ethereum: Diversification of Applications
ORA (AI Oracle): Developing opML, aimed at bringing AI models on-chain. The project has received support from several well-known venture capital firms.
ATOR (WiFi Network): A decentralized WiFi network where users can earn token rewards by contributing bandwidth. Currently, there are about 3,400 nodes with a market cap of approximately $76.72 million.
AIOZ (Streaming Platform): Provides comprehensive DePIN solutions covering Web3 storage, decentralized AI computing, streaming, and other areas. It has over 180,000 nodes, with a market cap/fully diluted valuation of approximately $510 million.
Janction (AI Layer2): Provides GPU network and traceable data input services for small and medium-sized enterprises and startups.
Deeper (Decentralized VPN): Users can earn token rewards by contributing idle bandwidth. Currently, there are about 150,000 nodes, with a fully diluted valuation of approximately 23.47 million USD.
Solana: Leading Number of Nodes
A certain wireless hotspot network project: Users can earn token rewards by sharing bandwidth. It has over 1 million nodes and a market capitalization of approximately $1.127 billion.
A certain GPU network project: Users can connect idle GPUs to complete rendering tasks and earn tokens. There are approximately 3783 nodes, with a market value of about 2.349 billion dollars.
A certain map data network: Users contribute data to the map through dash cams to earn token rewards. It has over 150,000 nodes and a market capitalization of approximately 169 million USD.
DePHY: A comprehensive DePIN framework that simplifies the development process for related projects.
HajimeAI: An AI sidechain on Solana, dedicated to introducing multi-intelligent AI systems into the Blockchain. Users can become nodes to provide computational support for the reasoning and training of AI agents.
Polygon: Highest DePIN Activity
A vehicle sensor network: Users can create and share verified vehicle data streams to earn token rewards. It has approximately 109,000 nodes and a market value of about 32.9 million USD.
A certain WiFi hotspot network: Users can earn token rewards by contributing WiFi. It has about 15 million nodes and a market value of approximately 11.13 million USD.
A geographic data network: Users can connect GNSS antennas to earn rewards, applicable in agriculture, transportation, and other fields. There are approximately 8719 nodes, with a market value of about 20.77 million USD.
Arbitrum: Established Decentralized Applications
A certain video streaming network: nodes contribute CPU/GPU resources and network bandwidth to provide live or on-demand services for enterprises. It has about 100 nodes and a market value of approximately 483 million dollars.
A WiFi sharing platform: Users purchase dedicated devices to share WiFi and earn token rewards. There are about 1832 nodes, with a market capitalization of approximately 1.49 million dollars.
IoTex: Sensor-Driven
Wayru (WiFi Network): Users can purchase dedicated devices or use existing WiFi devices to set up nodes through a specific system and share WiFi to earn token rewards.
Inferix (GPU Network): Users can share idle GPU computing power to earn token rewards. It has about 1533 nodes.
PowerPod (Electric Vehicle Charging Pile Network): Users purchase charging equipment and share to receive token rewards. The official version has not been launched yet.
Network3 (AI Network): Users can share bandwidth, computing power, and datasets to provide services for AI models and earn token rewards. Currently in the testing phase.
Peaq: Innovative Applications Rich
A decentralized camera network: aims to build a real-time world map, where users can collect geographical images through a dedicated camera program to earn token rewards. Market cap is approximately 19.18 million USD.
Silencio (Environmental Sensor Network): Users can measure the surrounding noise pollution levels through their mobile phones and receive token rewards.