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Recently, the surge in Honey and Mobile has boosted the popularity of the entire DePIN sector.

The full name of DePIN is Decentralized Physical Infrastructure Networks, which is a decentralized physical infrastructure network, including two aspects: (1) Physical resource network, including wireless network, 5G network, Internet of Things network, image and mapping network, mobile network, etc. ; (2) Digital resource network, including bandwidth network, storage and computing network, etc.

DePIN essentially tokenizes the above two aspects and uses token incentives to attract user participation, thereby improving the utilization of idle resources and providing services to network users and users in need.

Most of the projects in the DePIN track are familiar to everyone, such as Filecoin and Arweave in the storage track. These projects are usually at the lower construction levels of the infrastructure track. Just like the original intent-centric, after being given a new name by well-known institutions such as Paradigm, it started a sector rotation and triggered an increase in the token prices of the projects associated with it.

In addition to the projects that have skyrocketed recently, what other treasure projects are there in the DePIN sector? Odaily screened 10 potential stocks.

WiFi Map

WiFi MapFounded in 2014, WiFi Map is a WiFi hotspot location and connectivity platform with over 450 million free WiFi hotspots added by its community.

Currently, it is based on the mobile app and has functions such as eSIM, offline map, WiFi finder, VPN and wallet. WiFi Map participates in the operation of the WiFi Map project by providing its own limited WiFi hotspot network through the community, and obtains token WIFI rewards based on corresponding indicators. Users can purchase WiFi tokens to use the corresponding network services provided by it, thereby realizing the positive rise of the entire decentralized WiFi. As of now, according to the official website, there are 170 million users and available in more than 200 countries.

according toCoinGeckoData shows that the circulating market value of WiFi Map is US$16.51 million, the token price is 0.19 USDT, and the token price has increased by up to 1000% in the past 30 days.

Hivemapper

HivemapperIt is a global street mapping project. Participants purchase Hivemapper driving recorders to collect data. After collecting the data, they map the streets. The reason for its early exit was the concept of X to Earn. Hivemapper provides participants with rewards for earning HONEY tokens by linking driving recorders and cars into mining machines. However, after the concept of DePIN came out of the circle, it was defined as one of the representatives of the physical resource network in the DePIN sector.

The current total travel distance is 100 million kilometers, with more than 32,000 participants, covering more than 1,500 regions.

according toCoinGeckoData shows that the circulating market value of Hivemapper is US$68.78 million, the token price is 0.16 USDT, and the token price has increased by up to 800% in the past 30 days.

ICE NET

ICE NETIt is a decentralized network privacy infrastructure based on zero-knowledge proof, aiming to provide all users with a reliable and efficient privacy protection network system. ICE NET uses zero-knowledge proof (ZK-SNARKs) technology and innovative network protocol ISN-Protocol to ensure that all user information is deeply protected during Internet access.

The ICE NET ecological matrix includes the hybrid network node service platform ICE-Shield PlatNet, the integrated web browser ICE Explorer, and the high-performance privacy public chain ICE-Shield Chain.

The total supply of ICE tokens is 1 billion, and the distribution of ICE tokens is community incentives: 90%; marketing incentives: 5%; team incentives: 5%.

ICE-Shield Network has introduced a mechanism called Use to earn to reward nodes and ordinary users who actively participate in network services. This mechanism encourages users to use ICE-Shield Network’s privacy services and receive rewards by providing proof of use (POU). The NFT purchased by users has different levels of privacy protection attributes. The higher the level, the more rewards will be obtained in the Use to earn mechanism. ICE tokens play the role of rewards and governance in the entire process. Users and nodes participate in the governance of the ecosystem by holding ICE tokens. This design aims to attract more users and nodes to participate and promote the safe, private and fair development of ICE-Shield Network.

ICE NET provides users with VPN services with its own decentralized privacy network, helping users conduct online activities without trace and ensuring user privacy. The current download volume of ICE NET is as high as 590,000, and the ICE NET dividend pool currently has 603,600 USDT, which will be used for token empowerment in the future.

Geodnet

Geodnet Through new rooftop space weather stations, real-time geospatial data of the earth and atmosphere are collected to provide high-precision positioning services, including RTK, PPP, PPP-RTK, etc. GEOD tokens are earned through mining and staking. For triple-band miners, satellite miners will receive up to 48 GEOD tokens per day (for dual-band miners, up to 24 GEOD tokens per day). Rewards are halved on June 30 every year.

There are currently 3,400 participants in nearly 1,800 cities.

according toCoinGeckoData shows that the circulating market value of Geodnet is US$13.66 million, the token price is 0.15 USDT, and the token price has increased by up to 200% in the past 30 days.

DIMO

DIMOis a decentralized software and hardware Internet of Things (IoT) platform that allows users to create streams of verified vehicle data to share privately with applications, which can allow users to negotiate better services such as car financing and insurance.

DIMO essentially decentralizes the native data of cars and users that only car manufacturers can master, thereby making profits by collecting and selling relevant data.Currently, the Tesla brand can directly use the App to participate, while other brands of cars need to purchase hardware equipment worth US$299 to enjoy the right to Drive to Earn.

according toCoinGeckoData shows that the circulating market value of DIMO is US$77.14 million, the token price is 0.39 USDT, and the token price has increased by up to 550% in the past 30 days.

Crust Network

Crust Network As a decentralized cloud storage provider, Crust supports multiple storage layer protocols such as IPFS, opening up instant access to on-chain storage functions to users. Crust’s technology stack can also support data operations and calculations. Crust Network has three major functions: NFT and Metaverse metadata storage, personal file storage, and website/dApp hosting.

Crust uses MPoW, a trustless and low-cost TEE-based technology, to authenticate and manage storage resources. Crust has created an on-chain storage market called DSM (Decentralized Storage Market). With DSM, users can easily upload files and place storage orders on the network in just 1-2 minutes. To maintain file availability, a maximum of 50 copies are stored on the network. also. Crust provides a storage guarantee pool for customized or permanent storage of high-value files such as NFT metadata.

according to CoinGeckoData shows that the circulating market value of CRU is US$43.59 million, the token price is 1.4 USDT, and the token price has increased by up to 251% in the past 30 days.

Render

The Render Network provides a decentralized GPU-based rendering solution designed to connect users who need rendering jobs with those who have spare GPUs to process. Owners connect their GPUs to the Render Network, using OctaneRender to receive and complete rendering jobs. Users send RNDR to individuals performing rendering work, and OTTOY collects a small portion of RNDR as a fee for transaction facilitation and running the Render Network.

Render, as the leader in the rendering industry, performed very well in the last bull market, with a maximum increase of nearly 200 times. Render has recently gained nearly 50% on DePIN’s sector and currently ranks 51st in market capitalization. If the DePIN track requires a multi-faceted layout, REND token is also a good choice.

according toCoinGecko Data shows that the circulating market value of CRU is US$1.763 billion, the token price is 4.71 USDT, and the token price has increased by up to 50% in the past 30 days.

Bittensor

Bittensor is an open source protocol focused on AI and machine learning. It provides a decentralized, scalable neural network solution. The protocol allows Bittensor models to perform data learning and value transfer with other AI models, breaking the barriers of AI information silos.

TAO is Bittensor’s token with a total supply of 21,000,000 and adopts a token economics model similar to Bitcoin. The consensus mechanism of TAO token is Proof of Intelligence, which builds a huge network to support machine learning and decentralized AI mining. TAO tokens still have a halving cycle and are not expected to be fully supplied until 2213.

Bittensor’s first product is Chattensor, an AI chat assistant bot. As an open source protocol, Bittensor is designed to power blockchain-based machine learning networks. It builds a decentralized, trustless network by collaboratively training machine learning models and rewarding their contributions to the overall information. This network not only allows users to obtain information, but also makes adaptive adjustments according to user needs, creating an open and transparent artificial intelligence market.

according toCoinGeckoData shows that the circulating market value of Bittensor is US$1.552 billion, the token price is 260.88 USDT, and the token price has increased by up to 30% in the past 30 days.

Bittensor is currently involved in currently hot sectors such as DePIN and AI, ranking 53rd in overall market capitalization, with an increase of nearly 13 times since the issuance of the currency.

The Graph

The Graph is a protocol for indexing and querying blockchain data. Anyone can build and publish an open API called subgraphs, making data easily accessible. The Graph analyzes and collects blockchain data and stores it into various indexes, called subgraphs, allowing any application to send queries to its protocol and get an immediate response.

The Graph’s native token is GRT, which is used to ensure the integrity of data stored on its network. Whether an indexer, curator or delegator, any user must stake GRT and receive fees from the network when performing their role.

according toCoinGeckoData shows that The Graph’s circulating market capitalization is US$1.789 billion, the token price is 0.19 USDT, and the token price has increased by up to 29% in the past 30 days.

IoTeX

IoTeX It is an EVM-compatible public chain founded in 2017 to build a trustworthy IoT ecosystem. As a Silicon Valley open source project, IoTeX is dedicated to creating a high-performance privacy-focused blockchain platform.

IoTeX is committed to building a trusted computing and application platform by combining blockchain, trusted hardware and edge computing. The platform provides a decentralized DApp network (such as Cyclone, Mimo), smart devices (such as UCam, Pebble), services (such as ioPay, ioTube) and digital assets for the Internet of Things to provide value to users.

IoTeXs goal is to create an ecosystem that can realize the trusted interconnection of all things and use blockchain technology to connect the world. By ensuring data security and user privacy, IoTeX is committed to advancing the development of a trusted Internet of Things, supporting secure interactions between humans and machines.

IoTeX also launched the DePIN Liquidity Center, with founding members including multiple projects in the DePIN field: GEODNET, DIMO, XNET, Drop Wireless, WiFi Map, Wicrypt. DePIN Liquidity Center achieves collaboration and mutual advancement within the industry by sharing IoTeXs technology, funds, and resources and broadening the ecosystem. This can prove its position in the DePIN sector to a certain extent.

according toCoinGeckoData shows that the circulating market value of IoTeX is US$489 million, the token price is 0.05 USDT, and the token price has increased by up to 300% in the past 30 days.