What other DePIN projects are worth paying attention to besides Mobile?

Joyce

23-12-19 17:50

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With the recent continuous innovation of $MOBILE, it has completely ignited the sentiment of the DePIN market. According to DePINscan data, the current market value of the DePIN concept market has exceeded 3 billion. In addition to Mobile, BlockBeats has compiled 6 DePIN projects worth paying attention to for readers' reference.

IoTeX（IOTX）

Unlike other DePIN projects, IoTeX, founded in 2017, is positioned as a platform designed for DePIN builders, combining fast and secure blockchain technology with the Internet of Things (IoT) and smart devices. The off-chain computing protocol W3bstream allows IoTeX DePIN projects to easily generate logic based on smart device data, triggering blockchain operations. The most famous IoTeX DePIN projects include Envirobloq, Drop Wireless, and HealthBlocks.

Currently, the market value of IoTeX exceeds 450 million US dollars, and its token is IOTX. In the past 24 hours, it has increased by 21.2%, and at the time of writing, the price is 0.05 US dollars.

Hivemapper (HONEY）

Hivemapper is a map tool platform built on Solana. It received a $18 million investment from Multicoin Capital, Solana's founder, and others in April 2022. Users can purchase Hivemapper's dashcams, accumulate data while driving, and upload map data to receive rewards. Currently, there are two dashcams available for purchase, priced at $300 and $649 respectively.

Currently, the market value of Hivemapper exceeds 93.21 million US dollars, and its token is HONEY, which has increased by 52.6% in the past 24 hours. As of the time of writing, the price is 0.28 US dollars. It is worth noting that the price of HONEY has increased by more than 15 times in the past month.

DIMO (DIMO)

DIMO is a decentralized car IoT platform. Users purchase their products and collect and share their vehicle data to earn tokens. In 2022, DIMO completed a $9 million financing round with CoinFund and other investors. Currently, Dimo has partnered with 9 Web2 companies, such as gas stations, repair shops, and auto parts stores, where users can use DIMO tokens to purchase services. According to the official website, DIMO is currently connected to over 28,000 vehicles with a total mileage of over 153 million kilometers.

Currently, the market value of DIMO exceeds 13.1 million US dollars. Its token is called DIMO, and it has increased by over 6 times in the past month. In the last 24 hours, it has increased by 67.6% and is currently priced at 0.66 US dollars at the time of writing.

Streamr（DATA）

Streamr Network is a decentralized network designed to collect and publish low-latency real-time data streams from IoT sensors, machines, and other smart devices. In April, Streamr Network launched The Hub, a gateway for developers to create and connect real-time stream data. DIMO created one of the first open data projects on The Hub. Earlier this month, Streamr launched the Streamr 1.0 incentive testnet.

Currently, Streamr's market value exceeds 40 million US dollars, and its token is DATA. The 24-hour increase is 84.1%, and the price at the time of writing is 0.06 US dollars.

WiCrypt（WNT）

Wicrypt Network is a decentralized sharing network service provider on Polygon, allowing users to earn rewards while sharing WiFi. Founded in 2018, Wicrypt Network is the first independent Wi-Fi sharing network based on blockchain in Africa. According to the official website, Wicrypt has a large platform with its own browser and storage servers, with over 1067 devices operating in more than 31 countries and 92 cities worldwide.

The current market value of Wicrypt is $840,000, with its token being WNT. Its 24-hour increase is 44.9%, and as of the time of writing, it is priced at $0.4.

XNET（XNET）

XNET is a decentralized quasi-licensed mobile operator built on Polygon. Its team has decades of experience in telecommunications, technology, and blockchain. Using CBRS spectrum, XNET focuses on building a reliable industrial-grade neutral host network. Additionally, 40% of all network revenue generated by XNET will be used to purchase and burn $XNET tokens from the open market. On November 30th, XNET launched the XR560 Wi-Fi access point, priced at $995.

XNET token has seen a 24% increase in the past 24 hours, with a current price of $0.01 USD at the time of writing.