The Development Overview of DePIN on Different Blockchain Platforms

With the continuous development of the decentralized physical infrastructure network ( DePIN ) field, major blockchain platforms are actively laying out related projects. Although Solana has recently attracted much attention, some well-known DePIN projects have also begun to choose Arbitrum and Polygon as their underlying chains.

At the same time, public chains focusing on DePIN such as IoTex and Peaq, as well as L1 and L2 that are vigorously developing artificial intelligence like Near and Aptos, are expected to continue to maintain growth momentum. Let's take a look at the development of DePIN projects on major blockchain platforms.

Ethereum: Diversification of Applications

The DePIN projects on Ethereum exhibit a diversity of characteristics:

1. ORA: A verifiable AI oracle, developing opML to bring AI models on-chain.

2. ATOR: DePIN WiFi Network, users can connect and contribute bandwidth to earn token rewards. Currently, there are about 3,400 nodes, with a market value of 76.72 million USD.

3. AIOZ: A comprehensive DePIN solution that covers application scenarios such as Web3 storage, decentralized AI computing, and streaming. It has over 180,000 nodes and a market cap/FDV of 510 million USD.

4. Janction: AI Layer2 project, providing GPU network and traceable data input for small and medium-sized enterprises and startups.

5. Deeper: A decentralized VPN network where users can contribute idle bandwidth to earn tokens. It has 150,000 nodes and an FDV of 23.47 million dollars.

Solana: Leading in Node Count

The DePIN project on Solana is characterized by a large number of nodes:

1. Helium: A decentralized wireless hotspot network with over 1 million nodes and a market cap of up to $1.127 billion.

2. Render: Decentralized GPU network where users can provide idle GPU resources to complete rendering tasks and earn rewards. There are 3783 nodes with a market value of 2.349 billion dollars.

3. HiveMapper: A decentralized mapping network where users contribute data for the map through dashcams to earn tokens. It has over 150,000 nodes and a market capitalization of $169 million.

4. DePHY: An integrated DePIN framework aimed at simplifying the development process of related projects.

5. HajimeAI: Solana AI sidechain, aimed at bringing multi-intelligent AI into the Blockchain, users can provide computing power to support AI inference and training.

Polygon: High DePIN Activity

The DePIN project on the Polygon platform shows a high level of activity:

1. DIMO: Decentralized automotive data network, where users can create and share vehicle data streams to earn rewards. It has over 100,000 nodes and a market value of 32.9 million USD.

2. WIFI Map: WiFi hotspot network, derived from Web2 products, with 15 million nodes, a market value of 11.13 million USD.

3. Geodnet: Geographic Data Network, users can contribute data through rooftop GNSS antennas to earn rewards. There are 8719 nodes, with a market value of 20.77 million USD.

Arbitrum: A Long-established DePIN Project

There are some well-known DePIN projects on Arbitrum:

1. Livepeer: A decentralized video streaming network where nodes provide CPU/GPU resources and bandwidth to offer live and on-demand services for enterprises. It has 100 nodes and a market cap/FDV of $483 million.

2. Wicrypt: WiFi sharing platform, users purchase dedicated devices to share WiFi and earn token rewards. There are 1832 nodes, with a market value of 1.49 million dollars.

IoTex: Sensor Dominance

The DePIN projects on the IoTex platform are mainly based on sensors:

1. Wayru: Decentralized WiFi network, users can purchase dedicated devices or use existing WiFi devices to set up nodes.

2. Inferix: A decentralized GPU network where users share idle GPU computing power to earn rewards. It has 1533 nodes.

3. PowerPod: Decentralized electric vehicle charging pile network, users purchase charging equipment to share and obtain tokens.

4. Network3: Decentralized AI network where users can provide bandwidth, computing power, and datasets to support AI model services.

Peaq: Rich Innovations in Applications

The DePIN project on the Peaq platform presents a variety of innovative applications:

1. Natix: A decentralized camera network aimed at building a real-time world map. Users collect geographic images through a dedicated camera application to earn rewards. Market cap of $19.18 million.

2. Silencio: A global noise pollution measurement network where users can measure surrounding noise pollution through their smartphones to earn token rewards.

Overall, the DePIN field is showing a thriving trend across major blockchain platforms, with different platforms having their own characteristics, laying a solid foundation for the future development of this emerging field.