There is growing interest in Decentralized Physical Infrastructure Networks (DePINs), which use token rewards to incentivize the deployment of hardware networks and real-world tasks.
Messari researcher Sami Kassab took an in-depth look at DePIN’s infrastructure platforms and projects.
DePIN infrastructure platform and projects
common platform
L1 public chain Solana, DePIN projects on Solana include: Hivemapper, Render, Helium, Onocoy; L2 public chain Polygon, DePIN projects on Polygon include: Geodnet, XNET, Karrier One, DIMO;
Dedicated App Platform
The dedicated App Rollup Eclipse, the DePIN projects on Eclipse are: React, Wynd; the dedicated App application chain Polkadot and Cosmos, the DePIN projects on them are: Nodle, Gensyn, Akash, Soarchain
Dedicated DePIN platform
L1 public chains specially designed for DePIN: IoTeX, peaq, Althea
Some observations about DePIN
1. Solana has become the first choice for DePIN
Because Solana has advantages such as high throughput, low fees, and a large developer community.
It’s worth noting that projects like Helium and RenderToken have already migrated to Solana, citing Solana’s advantages of state compression, low cost, and low storage requirements.
2. However, EVM-compatible Polygon is also favored by DePIN.
While Polygon has the advantage of high throughput and low fees, some projects, such as RenderToken, find Solana to be a more cost-effective option.
3. In order to cope with scalability challenges and customization requirements, app-specific platforms emerged as the times require.
Application chains like Cosmos and Polkadot support dedicated chain applications.
Dedicated application rollup services such as Eclipse provide customized solutions.
4. The dedicated DePIN platform caters to the needs of developers to release hardware networks.
The peaq network aims to be the center of the Polkadot ecosystem, offering machine-centric design and innovative token economics.
IoTeX focuses on the Internet of Things and the machine economy, providing a complete DePIN solution.
Althea Network works in the field of decentralized telecommunications and infrastructure ownership.
in conclusion
The success of DePINs relies on a high-performance, scalable and cost-effective infrastructure.
Competition among platforms will drive innovation and progress in the DePIN field.
