The Development Status of DePIN Projects on Different Blockchains

With the rapid development of the decentralized physical infrastructure network (DePIN) sector, multiple blockchain platforms are vying to establish themselves in this emerging field. Although Solana has received a lot of attention recently, some well-known DePIN projects have also begun to choose Arbitrum and Polygon as their underlying infrastructure. Meanwhile, public chains focused on DePIN, such as IoTex and Peaq, as well as L1 and L2 public chains that are emphasizing the development of artificial intelligence, such as Near and Aptos, are also continuing to grow.

Ethereum: Diverse Applications

The DePIN projects on Ethereum present diverse characteristics, covering multiple fields such as artificial intelligence, wireless networks, and streaming.

1. ORA: As a verifiable AI oracle, it is developing opML technology aimed at bringing AI models to the Blockchain.

2. ATOR: This is a decentralized WiFi network project where users can earn token rewards by connecting to the network and contributing bandwidth. It currently has about 3,400 nodes and a market cap of approximately $76.72 million.

3. AIOZ: As a comprehensive DePIN solution, AIOZ supports applications such as Web3 storage, decentralized AI computing, streaming, and video on demand. The project has over 180,000 nodes and a market cap of approximately $510 million.

4. Janction: This is an AI-focused Layer2 project that provides GPU networking and traceable data input services for small and medium-sized enterprises and startups.

5. Deeper: As a decentralized VPN network (DPN), users can earn token rewards by contributing idle bandwidth. Currently, there are approximately 150,000 nodes.

Solana: Leading Node Count

DePIN projects in the Solana ecosystem stand out in terms of the number of nodes:

1. Helium: This is a decentralized wireless hotspot network with over 1 million nodes and a market value of approximately $1.127 billion.

2. Render: As a decentralized GPU network, users can contribute idle GPU resources to complete rendering tasks and earn rewards. Currently, it has nearly 4,000 nodes with a market value of approximately $2.349 billion.

3. HiveMapper: This is a decentralized map network where users contribute data to the map by connecting dash cams to earn tokens. It has over 150,000 nodes and a market cap of approximately $169 million.

4. DePHY: Provides an integrated DePIN framework that simplifies the development process of DePIN projects.

5. HajimeAI: This is a Solana AI sidechain project dedicated to bringing multi-intelligent AI to the Blockchain, allowing users to support AI model inference and training by providing computational resources.

Polygon: High DePIN Activity

The DePIN projects on Polygon are showing high levels of activity:

1. DIMO: This is a decentralized automotive data network where users can create and share verified vehicle data streams to earn token rewards. It currently has over 100,000 nodes and a market cap of approximately $32.9 million.

2. WIFI Map: As a WiFi hotspot network, users can earn tokens by contributing WiFi resources. It has approximately 15 million nodes and a market value of about 11.13 million USD.

3. Geodnet: This is a geographic data network where users can earn rewards by connecting GNSS antennas. It currently has nearly 9,000 nodes and a market capitalization of approximately $20.77 million.

Arbitrum: Established Project Layout

There are some mature DePIN projects on Arbitrum:

1. Livepeer: As a decentralized video streaming network, nodes can contribute CPU/GPU resources and network bandwidth to provide live or on-demand services for businesses. Currently, it has about 100 nodes and a market capitalization of approximately $483 million.

2. Wicrypt: This is a WiFi sharing platform where users can purchase dedicated devices to share WiFi and earn token rewards. It currently has about 1800 nodes and a market cap of approximately $1.49 million.

IoTex: Leading Sensor Project

The DePIN projects in the IoTex ecosystem mainly focus on the sensor field:

1. Wayru: This is a decentralized WiFi network where users can share network resources by purchasing dedicated devices or setting up nodes using existing WiFi devices.

2. Inferix: As a decentralized GPU network, users can share idle GPU computing power to earn token rewards. Currently, it has over 1500 nodes.

3. PowerPod: This is a decentralized electric vehicle charging pile network where users can purchase charging equipment and share usage to earn token rewards.

4. Network3: As a decentralized AI network, users can share bandwidth, computing power, and datasets to provide inference, fine-tuning, and training services for AI models.

Peaq: Innovative Applications Emerging Continuously

The DePIN project in the Peaq ecosystem demonstrates strong innovation:

1. Natix: This is a decentralized camera network aimed at building a real-time world map. Users can collect geographical images to earn token rewards by downloading a dedicated camera application. The market cap is approximately $19.18 million.

2. Silencio: As a global noise pollution measurement network, users can measure the level of noise pollution in their surroundings using their mobile phones to earn token rewards.

Overall, DePIN projects are showing a thriving trend across major Blockchain platforms, with different platforms showcasing their unique characteristics and advantages. With continuous technological advancements and the expansion of application scenarios, the DePIN field is expected to welcome broader development opportunities.