As $MOBILE continues to hit new highs recently, it has completely ignited the mood of the DePIN market. DePINscan data shows that the current market value of the DePIN concept market has exceeded 3 billion. In addition to Mobile, BlockBeats has compiled 6 DePIN projects worthy of attention for readers reference.
IoTeX（IOTX）
Unlike other DePIN projects, IoTeX, founded in 2017, is positioned as a platform designed for DePIN builders that combines fast and secure blockchain technology with the Internet of Things (IoT) and smart devices. The off-chain computing protocol W 3 bstream allows the IoTeX DePIN project to easily generate logic based on smart device data to trigger blockchain operations. The most famous IoTeX DePIN projects include Envirobloq, Drop Wireless and HealthBlocks.
The current market value of IoTeX exceeds US$450 million, and its token is IOTX, which has increased by 21.2% in the past 24 hours and is quoted at US$0.05 at the time of writing.
Hivemapper (HONEY）
Hivemapper is a map tool platform built on Solana. In April 2022, it received US$18 million in financing from Multicoin Capital, Solana founders and others. Users purchase Hivemappers driving recorder, accumulate data while driving, and upload map data to receive rewards. There are currently two dash cams on sale, priced at $300 and $649 respectively.
Hivemappers current market capitalization exceeds US$93.21 million, and its token HONEY has increased by 52.6% in the past 24 hours, and is quoted at US$0.28 at the time of writing. 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 automotive IoT platform where users purchase their products, collect and share their vehicle data to earn tokens. DIMO completed US$9 million in financing in 2022 with participation from CoinFund and others. Currently, Dimo has cooperated with 9 Web2 companies, such as gas stations, repair shops, and auto parts stores. Users can use DIMO tokens to purchase services at these merchants. According to the official website, DIMO is currently connected to more than 28,000 vehicles, with a cumulative driving mileage of more than 153 million kilometers.
The current market value of DIMO exceeds US$13.1 million, and its token is DIMO, which has increased by 67.6% in the past 24 hours. As of the time of writing, the price is US$0.66, which has increased more than 6 times in the past month.
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. Streamr Network launched The Hub in April, an entry portal for developers to create and connect to real-time streaming data. DIMO created one of the first open data projects on The Hub. Earlier this month, Stramr launched the Streamr 1.0 incentivized testnet.
The current market value of Streamr exceeds US$40 million, and its token is DATA, which has increased by 84.1% in the past 24 hours and is quoted at US$0.06 at the time of writing.
WiCrypt（WNT）
Wicrypt Network is a decentralized shared network service provider on Polygon that allows users to get paid while sharing WiFi. Founded in 2018, Wicrypt Network is Africas first independent Wi-Fi sharing network based on blockchain. According to the official website, Wicrypt has a huge platform with its own browser and storage server, with more than 1,067 devices running in more than 31 countries and 92 cities around the world.
The current market value of Wicrypt is US$840,000, and its token is WNT. It has increased by 44.9% in the past 24 hours and is quoted at US$0.4 at the time of writing.
XNET（XNET）
XNET is a decentralized licensed mobile operator built on Polygon, with a team with decades of experience in telecommunications, technology and blockchain. Leveraging the CBRS spectrum, XNET focuses on building reliable, industrial-grade neutral host networks. Additionally, 40% of all XNET network revenue will be used to purchase and burn $XNET tokens from the open market. On November 30, XNET launched the XR 560 Wi-Fi access point, priced at $995.
The XNET token has increased by 24% in the past 24 days and is quoted at $0.01 at the time of writing.
