DePIN Ecosystem

Analysis | Diagrams | Innovators

Subject Expertise

• Investment Thesis
• Investment Analysis
• Industry Impact
• DePIN Standards
• DePIN Technology
• Software Architecture

Comparison Table

See analysis workbook

Protocol	Industry - Purpose	Agents	Blockchain	Architecture & Standards
375ai	Real-time marketing data	Unknown	Unknown
Aethir	High-performance GPU resources for AI and gaming	Unknown	Unknown
Akash Network	Decentralized cloud computing marketplace	Unknown	Cosmos SDK
Ambient	Environmental sensors for air quality monitoring	Unknown	Unknown
Anyone	Online privacy through a decentralized onion-routing network	Unknown	Unknown
AnyoneFDN	Decentralized privacy-focused communication	Unknown	Blockchain (specific chain unclear)
Aquasave	Smart water management to address global water scarcity	Unknown	Unknown
Arweave	Permanent decentralized data storage	Unknown	Blockchain (own protocol),	Permaweb for permanent data
Axal	Decentralized network for the global supply chain	Unknown	Unknown
Baxus	Whiskey Production and Trading		Solana
Beamable	Gaming infrastructure	Unknown	Unknown
Dabba Network	Decentralized internet access through Wi-Fi hotspots	Unknown	Blockchain (likely Solana or Polygon)
DeEEP Network	Decentralized energy and power management	Unknown	Blockchain (specific chain unclear)
DIMO Network	Decentralized vehicle data platform	Unknown	Polygon	IoT devices for vehicle data
DeVin Labs	Wine Trading
Dynex	Decentralized neuromorphic computing	Unknown	Own Protocol
Exa Bits	Decentralized computing for AI and big data	Unknown	Blockchain (likely Solana or Ethereum-based)
Filecoin	Permanent decentralized file storage	Unknown	Unknown
Fleek	Geo-aware decentralized web and edge compute services	Unknown	Unknown
GEODNET	Decentralized GNSS (GPS) network for precise location data	Unknown	Polygon
Glow	Solar power	Unknown	Unknown
Heale Labs	Logistics solutions	Unknown	Unknown
Helium	Decentralized wireless network for IoT devices	Unknown	Solana	LoRaWAN
Hivemapper	Decentralized mapping using dashcams	Unknown	Solana
IO Net	Decentralized GPU computing for AI and ML	Unknown	Solana
Kuzco	Unknown	Unknown	Unknown
Mawari	Real-time 3D content streaming in spatial computing	Unknown	Unknown
Metablox	Global decentralized WiFi roaming	Unknown	Unknown
Minima	Motor sports	Unknown	Unknown
Minutes	Decentralized wireless network for telecommunications	Unknown	Unknown
Natix	Geospatial intelligence network	Unknown	Unknown
Nosana	Decentralized GPU cloud computing and CI/CD tools	Unknown	Solana
Novanet	ZKP incentive network for privacy-preserving proofs	Unknown	Unknown
Nubila AI	Unknown	Unknown	Unknown
Oasis	ROSE	Unknown	Unknown
Obortech	Decentralized network for the global supply chain	Unknown	Unknown
PDS	Storage solutions for Arweave's permaweb	Unknown	Unknown
Peaq	Provides blockchain infrastructure for DePIN applications	Unknown
Phaidra	Unknown	Unknown	Unknown
Power Ledger	Renewable energy	Unknown	Unknown
Render Network	Decentralized GPU rendering	Unknown	Polygon
Ritual	Decentralized AI	Unknown	Unknown
Roam	Data	Unknown	Unknown
ROVR Network	Spatial AI & Intelligent Transportation	Unknown	Solana
RunOnFlux	Decentralized cloud infrastructure and dApp hosting	Unknown	Blockchain (own protocol)
Silencio	Combating noise pollution	Unknown	Unknown
Sky Trade	Monetize airspace rights above buildings and land	Unknown	Unknown
Streamr	Decentralized real-time data sharing	Unknown	Blockchain (Ethereum, Polygon)
Teleport	Unknown	Unknown	Unknown
The Graph	Unknown	Unknown	Unknown
Theta Token	Unknown	Unknown	Unknown
Uprock	Turn spare bandwidth into benefits	Unknown	Unknown
WeatherXM	Decentralized weather data network	Unknown	Blockchain (Polygon)
Wicrypt	Community WiFi network	Unknown	Unknown
Wingbits	Decentralized flight tracking network	Unknown	Blockchain (likely Polygon or Solana)
Xnet Mobile	WiFi, partnership with AT&T	Unknown	Unknown

DePIN Projects

• DePIN Investment Thesis
• DePIN Analysis Protocol

375ai

• Purpose: AI Driven Insights at the Edge
• Leader: CEO Interview

Akash Network

• Purpose: Decentralized cloud computing marketplace.
• Technology: Blockchain (Cosmos SDK).
• Use Case: Cloud computing for developers, hosting, DeFi applications.
• Recent Developments/Impact:
  • Marketplace for unused computing resources reduces costs for developers.
  • Gaining traction as a DePIN leader in cloud infrastructure.

AnyoneFDN

• Purpose: Decentralized privacy-focused communication.
• Technology: Blockchain (specific chain unclear).
• Use Case: Secure communication and privacy for IoT and messaging.
• Recent Developments/Impact:
  • Focuses on privacy in DePIN, likely for secure IoT communication.
  • Limited data but aligns with the sector’s emphasis on security.

Arweave

• Purpose: Permanent decentralized data storage.
• Technology: Blockchain (own protocol), permaweb for permanent data.
• Use Case: Long-term data storage for dApps, NFTs, and archives.
• Recent Developments/Impact:
  • Plans to expand ecosystem in 2025 with more dApp integrations.
  • Enhanced developer tools; key player in DePIN for data permanence.

Dabba Network

• Purpose: Decentralized internet access through Wi-Fi hotspots.
• Technology: Blockchain (likely Solana or Polygon).
• Use Case: Internet access in underserved areas.
• Recent Developments/Impact:
  • Aims to bridge the digital divide by incentivizing Wi-Fi hotspot deployment.
  • Aligns with DePIN’s mission to improve accessibility.

DeEEP Network

• Purpose: Decentralized energy and power management.
• Technology: Blockchain (specific chain unclear).
• Use Case: Energy grid management, EV charging, and renewable energy integration.
• Recent Developments/Impact:
  • Emerging as a DePIN project for energy ecosystems by reducing costs and improving efficiency.
  • Limited public data but part of a growing trend in energy-focused DePIN initiatives.

DIMO Network

• Purpose: Decentralized vehicle data platform.
• Technology: Blockchain (Polygon), IoT devices for vehicle data.
• Use Case: Automotive finance, insurance, maintenance.
• Recent Developments/Impact:
  • Users earn DIMO tokens by sharing vehicle data, reducing financing costs.
  • Growing adoption in automotive sectors for data monetization.

Dynex

• Purpose: Decentralized neuromorphic computing.
• Technology: Blockchain (own protocol).
• Use Case: Quantum-like computing for AI, simulations, and research.
• Recent Developments/Impact:
  • Offers neuromorphic computing, simulating brain-like processes.
  • A unique DePIN project with potential in advanced AI and scientific research.

Exa Bits

• Purpose: Decentralized computing for AI and big data.
• Technology: Blockchain (likely Solana or Ethereum-based).
• Use Case: AI, big data processing, analytics.
• Recent Developments/Impact:
  • Emerging player in DePIN; focuses on high-performance computing.

GEODNET

• Purpose: Decentralized GNSS (GPS) network for precise location data.
• Technology: Blockchain (Polygon).
• Use Case: Precision navigation for drones, autonomous vehicles, robotics.
• Recent Developments/Impact:
  • Collaborates with Helium and Wingbits for flight tracking.

Helium

• Purpose: Decentralized wireless network for IoT devices.
• Technology: Solana, LoRaWAN for long-range connectivity.
• Use Case: IoT connectivity (e.g., smart devices, sensors).
• Recent Developments/Impact:
  • Expanded global network with thousands of hotspots.
  • Collaboration with GEODNET and Wingbits for flight tracking solutions.
  • Revenue growth aligned with DePIN's 100x surge in 2024 (Forbes).

Hivemapper

• Purpose: Decentralized mapping using dashcams.
• Technology: Solana.
• Use Case: Real-time mapping, autonomous driving, urban planning.
• Recent Developments/Impact:
  • Incentivizes users to map roads with dashcams.

IO Net

• Purpose: Decentralized GPU computing for AI and ML.
• Technology: Solana.
• Use Case: AI model training, machine learning workloads.
• Recent Developments/Impact:
  • Impressive revenue trajectory noted by DePIN Connection reply.

Nosana

• Purpose: Decentralized GPU cloud computing and CI/CD tools.
• Technology: Solana blockchain.
• Use Case: GPU computing for AI, machine learning, and CI/CD pipelines.
• Recent Developments/Impact:
  • Scalable GPU resources on Solana.
  • Growing relevance in AI and ML workloads.

Render Network

• Purpose: Decentralized GPU rendering.
• Technology: Blockchain (Polygon).
• Use Case: 3D rendering, animation, visual effects for creators.
• Recent Developments/Impact:
  • Increased adoption in creative industries.
  • High potential for scalable, cost-effective rendering solutions.

ROVR Network

Website

• Purpose: Spatial AI & Intelligent Transportation
• Technology: Blockchain (specific chain unclear).
• Use Case:
• Recent Developments/Impact:
  • Focuses on IoT for pet owners, an emerging niche in DePIN.
  • Limited data, but part of the growing IoT-DePIN trend.

RunOnFlux

• Purpose: Decentralized cloud infrastructure and dApp hosting.
• Technology: Blockchain (own protocol).
• Use Case: Cloud hosting, dApp deployment, and Web3 infrastructure.
• Recent Developments/Impact:
  • Provides a decentralized alternative to AWS with a focus on Web3 apps.
  • Growing in the DePIN space for scalable infrastructure.

Streamr

• Purpose: Decentralized real-time data sharing.
• Technology: Blockchain (Ethereum, Polygon).
• Use Case: Data streaming for IoT, dApps, and real-time analytics.
• Recent Developments/Impact:
  • Enables peer-to-peer data sharing, reducing reliance on centralized servers.
  • A veteran in decentralized data with growing relevance in DePIN.

WeatherXM

• Purpose: Decentralized weather data network.
• Technology: Blockchain (Polygon).
• Use Case: Weather forecasting, agriculture, and climate research.
• Recent Developments/Impact:
  • Users deploy weather stations to collect hyper-local data, earning tokens.
  • Supported by HeliumDeploy for hardware; showing growth in climate-focused DePIN applications.

Wingbits

• Purpose: Decentralized flight tracking network.
• Technology: Blockchain (likely Polygon or Solana).
• Use Case: Flight tracking for aviation, AI, robotics.
• Recent Developments/Impact:
  • New devices offer real-time flight tracking data.

DePIN Directories

• Coin Gecko
• DePIN Hub
• DePIN Ninja
• Depin Scan
• DePIN Summit
• Mycelium Networks

DePIN Investors

• ev3.xyz: An investment firm focusing on DePIN.
• goldandhawks.com
• solulab.com

DePIN Media

• DePIN Hub News
• Manufacturing Matters
• Proof of Coverage

Links

• Daneher | Continuous Innovation in Industry