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No longer a PPT concept. Which DePIN projects have real income?
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2025-01-11 18:02 8,994

Author: Paul Veradittakit; Compiled by: Luffy, Foresight News

Decentralized Physical Infrastructure Network (DePIN ) is the fusion of blockchain and infrastructure networks. Currently, DePIN is present in industries such as energy, telecommunications, storage, artificial intelligence, and data collection.

In the last round of encryption cycles, many projects took advantage of the DePIN craze to target directions with huge market opportunities. However, when the core products were not developed on both the supply and demand sides, When they can gain enough traction, they turn to cryptocurrency tokenomics.

However, among those projects that survived, many companies spent time building infrastructure. They achieved sustainable profits by solving existing problems, or even Rely on the flywheel effect of token economy. Let’s take a look at some of these cases.

Geodnet

Core problems solved

Traditional global positioning systems (GPS) usually lack advanced Accuracy required for applications that require centimeter-level accuracy rather than meter-level accuracy. Geodnet Network’s solution improves positioning accuracy by a factor of 100 compared to traditional GPS technology.

Target Customers

Geodnet Network serves industries that rely on high-precision geospatial data, including :

Autonomous vehicles

Agriculture

Smart City

National defense and security

Space exploration

Profit model

< p style="text-align: left;">Data licensing: Sell geospatial data to commercial customers.

Node participation fees: fees related to the installation and use of mining machines.

Partnerships: Working with industries such as agriculture and autonomous driving systems to integrate the Geodnet network's services into existing workflows.

For 2024, Geodnet Networks reported revenue growth of more than 500% year-over-year to $1.7 million.

Token Economics

The Geodnet network uses the native token GEOD to incentivize participants:

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Miners earn tokens based on data contribution and network uptime.

Destruction mechanism: Tokens are destroyed during the data transaction process and a deflation mechanism is introduced.

Average daily income: The average daily income of each miner is approximately US$4.30, and the expected investment payback period is 3-4 months.

Circulation: The distribution of tokens ensures liquidity while incentivizing early adopters.

Token purpose: used for payment, pledge and governance within the network.

How to participate and contribute

1. Become a miner:

Purchase mining equipment (cost between $500 - $700).

Set up and connect the miner to the network and upload 20 - 40GB of data per month.

2. Use the Internet:

Access real-time updates (RTK) through subscription or direct purchase Correction data.

3. Development of applications:

Develop software for specific industries based on data from the Geodnet network.

4. Governance:

Participate in protocol governance by staking GEOD tokens and voting on proposals.

Helium

Core problem solved

Traditional mobile network operators (such as T-Mobile ) requires huge capital expenditures to build base stations, maintain infrastructure and expand coverage. Helium solves this problem by creating a decentralized wireless network that leverages community-owned hotspots to provide affordable, scalable, and resilient network connectivity to mobile and IoT devices.

Target customers

Consumers: You can use Helium to go to the center by paying $20 per month Unlimited data provided by the Internet.

Telecom providers: Implement WiFi offloading for major operators to reduce their infrastructure costs.

IoT device manufacturers: Provide connectivity for low-power IoT devices through the LoRaWAN protocol.

Enterprises and Institutions: Helps organizations deploy private wireless networks for asset tracking, sensors and environmental monitoring.

Profit model

The Helium network generates revenue through two main channels:

1. Direct-to-consumer mobile plans:

Offers unlimited data plans for $20 per month. Users can use Helium network hotspots and partner networks (such as T-Mobile) at the same time.

2. Operator WiFi offload fee:

0.50 per GB is charged to the telecommunications provider USD fee, allowing it to offload data through decentralized hotspots on the Helium network rather than traditional base stations.

Financial performance

Subscribers: more than 100,000 direct subscribers and more than 300,000 indirect WiFi offload users.

Revenue: from mobile subscriptions and operator offload fees Generating seven-figure annualized revenue

Forecast: As carrier partnerships expand, potential annual revenue from WiFi offloading business alone is expected to exceed $50 million.

Token Economics

The Helium Network’s HNT token is at the heart of its incentive and payment structure:

Earn rewards: Hotspot operators earn HNT by providing coverage and transmitting data

Purpose. : Tokens are used for network transactions, payment for network services and governance proposals

Destruction mechanism: HNT tokens are destroyed when used to pay for network services, reducing supply.

Participation and contribution methods

1. Hotspot deployment:

Purchase and set up hotspots compatible with the Helium network to provide network coverage and earn HNT rewards

Choose from 16 approved hardware types designed for IoT or mobile offloading.

2. Consumer Plans:

Subscribe to Helium Networks' $20 monthly mobile plan to get affordable mobile data coverage

3. , Carrier Partnership:

Telecom providers can integrate with the Helium network to divert data traffic and reduce operating costs.

4. Governance and pledge:

Pledge HNT generationCoin participates in network governance, making suggestions and voting on key upgrades.

Akash

Core Problem Solved

Akash Network aims to solve problems like Amazon Web Services (AWS) ), Google Cloud, Microsoft Azure and other traditional cloud computing providers’ high costs, scalability limitations and centralization issues. It solves these problems by providing a decentralized cloud computing marketplace that allows users to monetize idle machines while reducing costs.

Target customers

Artificial intelligence developers: need high-performance GPU to train and deploy machines Learning model.

Startups and enterprises: Need affordable and scalable cloud computing to support data processing, storage and AI-driven applications.

Profit model

Akash Network generates revenue in the following ways:

Market Transaction Fees: Transaction fees are charged for calculating leases and payments processed over the network.

Compute resource leasing: A share of the revenue generated from GPU and CPU leasing for AI training and workloads.

Developer Tools: By charging developers for using its computing infrastructure API integration and SDK licensing fees.

Enterprise partnerships: Work with artificial intelligence labs and decentralized platforms to expand computing power.

Financial Performance

Annual Revenue: Akash Network reports in 2024 from counting leases and $2.5 million was received in fees.

Growth rate: Due to the popularity of artificial intelligence, the demand for GPU computing resources has increased by 33 times.

Network scale: supports more than 400 GPUs.

Tokenomics

The Akash network uses the AKT token for payments, governance, and incentives.

1. Purpose:

Payment: Buyers use AKT tokens to purchase computing resources.

Staking: Providers stake tokens to gain job opportunities and enhance their reputation.

2. Incentives:

Providers earn AKT tokens for supplying computing resources .

Tokens are distributed based on uptime, performance, and task completion.

3. Governance:

Token holders can make upgrade suggestions and make comments on the protocol Changes are voted on.

4. Destruction mechanism:

Network fees are destroyed, reducing the token supply.

How to participate and contribute

1. As a provider:

Set up GPU, CPU or storage servers on the Akash network.

List resources, set prices and start earning AKT tokens.

2. As a consumer:

Use the Akash Network's Web interface or command line interface (CLI) leases computing resources.

Deploy AI training workloads, web services, and decentralized applications.

3. As a developer:

Access the API and SDK to integrate Akash Network's services into your applications.

Use GPU clusters for deep learning training or inference tasks.

4. Governance participation:

Pledge AKT tokens to price network upgrades and resources Take a vote.

Looking to the future

The above are just a small number of projects that are effective and have sustainable income. In the coming months, DePIN acceptance will undoubtedly increase again and lead to the creation of more sustainable, scalable and profitable companies.

The above companies are all consumer-facing, but another area that excites me is infrastructure. The underlying blockchain, oracle services, smart contract services, middleware, token issuance services, etc., these companies are in areas that will benefit from the development of the DePIN project. Some examples include Solana, Peaq, Base, Story, Arweave, Opacity Network and DeForm.

Keywords: Bitcoin
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