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Cryptocurrency News Articles

6 DePIN Projects That Are Currently on My Radar

Oct 22, 2024 at 11:07 pm

DePIN is currently the most in-demand category among crypto investors. With VCs pumping billions into the sector and users testing new products

6 DePIN Projects That Are Currently on My Radar

DePIN is currently the most popular category among crypto investors.

VCs are investing billions into the sector and users are testing new products.

Here are 6 standout DePIN projects on my radar.

1. @Filecoin $FIL

Filecoin is a decentralized storage network that makes cloud storage more open, efficient, and secure.

🔹$90M FDV

🔹53% YTD growth in storage utilization

🔹1.5 EiB of active deals live on the network

🔹21 million in $FIL loans

2. Peaq network

is a multi-chain L1 blockchain purposely built and optimized for DePIN and Machine RWA.

🔹1M users

🔹1.3M devices

🔹45 DePIN projects building on peaq across 20 industries

🔹3 migrations to peaq from other L1s

3. NATIXNetwork

is an open geospatial intelligence network that uses AI and existing camera infrastructure.

🔹$90M FDV

🔹172,000 Drive& app users

🔹60% increase in users, 131% increase in kilometers covered, and 85% increase in data collected since token launch.

4. Koii Foundation

is a DePIN that allows individuals to earn passive income by installing Koii onto any device.

🔹670M total transactions

🔹30K+ daily active users

🔹93K+ total nodes

🔹1.5B+ transactions on K2 network in last 6 months

5. Plato2Earn

is the first Eat2Earn consumer app that aims to fix data around food.

🔹15M+ restaurant locations supported

🔹30,000+ registered users in past 9 months

🔹50,000+ partnerships with restaurants.

6. Drife_official

is a decentralized ride-hailing platform that connects drivers and riders with zero commissions.

🔹400,000+ registered users

🔹40,000+ registered drivers in India

🔹1,000+ registered drivers in Dubai

🔹Recent partnerships with Hydro Online, IoTeX, and GoSats

🔔 𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞r:

Always do your own research before investing in cryptocurrencies, as prices are volatile and subject to market conditions. CryptoPM is not responsible for any loss or profit associated with investments in crypto.

Trade & invest wisely! 💼

That's it for today folks,

Thanks for reading! For more insightful crypto content,

Follow Me @Crypto PM

Stay updated with the latest trends and analyses in the crypto world!

#DePIN #DePIN+AI #DePIN. #DePINProtocol #DePINs

News source:www.binance.com

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Other articles published on Nov 25, 2024