Overview of DePIN Projects Development on Different Public Chains

With the continuous development of decentralized physical infrastructure networks (DePIN), a number of notable projects have emerged across major public chains. Although the Solana ecosystem is currently receiving much attention, some well-known DePIN projects have also begun to choose Arbitrum and Polygon as their underlying infrastructure.

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

Ethereum: Diversification of Applications

The DePIN projects on Ethereum exhibit diverse characteristics, covering multiple fields such as AI, WiFi, and streaming.

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

2. ATOR: DePIN WiFi network, users can earn token rewards by contributing bandwidth. Currently has about 3,400 nodes, with a market value of approximately 76.72 million USD.

3. AIOZ: A comprehensive DePIN solution covering Web3 storage, decentralized AI computing, streaming, and other application scenarios. It has over 180,000 nodes, with a market cap/FDV of approximately $510 million.

4. Janction: AI Layer2 solution that provides GPU networks and traceable data input for small and medium enterprises and startups.

5. Deeper: A decentralized VPN network where users can earn token rewards by contributing idle bandwidth. It has approximately 150,000 nodes and an FDV of about $23.47 million.

Solana: Leading in Node Count

The DePIN projects in the Solana ecosystem are known for their large number of nodes.

1. Helium: A decentralized wireless hotspot network with over 1 million nodes and a market capitalization of over 1.1 billion dollars.

2. Render: A decentralized GPU network where users can earn token rewards by providing idle GPU computing power. It has approximately 3,783 nodes and a market capitalization of over 2.3 billion dollars.

3. HiveMapper: A decentralized mapping network where users contribute map information by providing dashcam data. It has over 150,000 nodes and a market cap of approximately $169 million.

4. DePHY: An integrated DePIN framework designed to simplify the development process of DePIN projects.

5. HajimeAI: Solana AI sidechain, dedicated to bringing multi-intelligent AI on-chain, users can support AI reasoning and training by providing computing power.

Polygon: The highest activity of DePIN

The DePIN projects on Polygon exhibit a high level of activity.

1. DIMO: A decentralized automotive data network that allows users to earn token rewards by creating and sharing verified vehicle data streams. It has approximately 109,000 nodes and a market capitalization of around 32.9 million dollars.

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

3. Geodnet: A geographic data network where users can contribute geographic data by connecting GNSS antennas to earn rewards. It has approximately 8719 nodes and a market value of about 20.77 million USD.

Arbitrum: Most are established dApps

DePIN projects on Arbitrum are mainly mature decentralized applications.

1. Livepeer: A decentralized video streaming network where nodes support video services by providing CPU/GPU resources and bandwidth. It has about 100 nodes, with a market cap/FDV of approximately $483 million.

2. Wicrypt: A WiFi sharing platform where users can purchase dedicated devices to share WiFi and earn token rewards. It has approximately 1832 nodes and a market cap of about 1.49 million USD.

IoTex: Sensor Dominance

The DePIN project in the IoTex ecosystem mainly focuses on various sensor applications.

1. Wayru: A decentralized WiFi network where users can set up nodes to share the network by purchasing dedicated devices or using existing WiFi equipment.

2. Inferix: A decentralized GPU network where users can earn token rewards by sharing idle GPU computing power. It has approximately 1533 nodes.

3. PowerPod: A decentralized network of electric vehicle charging stations where users can earn token rewards by purchasing and sharing charging equipment.

4. Network3: A decentralized AI network where users can earn token rewards by sharing bandwidth, computing power, and datasets to support AI model services.

Peaq: Rich Use Cases for Innovation

The DePIN project in the Peaq ecosystem is known for its innovative application scenarios.

1. Natix: A decentralized camera network aimed at building a real-time world map. Users can earn token rewards by collecting geographic images. Market capitalization is approximately $19.18 million.

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

Overall, DePIN projects on major public blockchains are actively exploring different application scenarios and business models, providing a rich and diverse range of solutions for the development of decentralized infrastructure. With technological advancements and market maturity, we have reason to expect more innovations and breakthroughs in the DePIN field in the future.