Top Solana DePIN Projects to Watch in 2024 | Everything You Need to Know

Grant and 563 are back with a monster episode of DYOR. This time, it is solely focussed on Decentralized Physical Infrastructure Networks (DePIN).

You may have heard about the likes of Render, Akash and Helium, but these projects are just the tip of the iceberg. In this episode, Grant and 563 will extensively go through the projects that catch their eye in this space and talk through the opportunities, tokenomics and use cases for their DePIN picks of 2024.

DePIN covers a wide variety of topics, such as crypto and AI, GPUs and even ride-sharing. This is a very strong emerging field that the whole blocmates team have their eyes on for this year and beyond.

Solana’s first big step towards connecting the digital world to reality came with the Solana phone (“Saga”). Designed to be a seed vault with easy access to Web3 apps (that also can make phone calls), the Solana phone has now become a hot commodity, given how many Solana-native projects have airdropped to buyers. Many of the protocols listed in this report build off the back of this connection Solana has with practical, real-world use cases - if Ethereum is science, Solana is engineering.

DePIN is a huge umbrella term, and in this report, we are going to dive into projects that attempt to build marketplaces for:

Computing / AI
Mapping
Rideshare
Price feeds
File storage
Measurement
In all of these cases, the role of the protocol is to provide a network that simplifies the experience of users on either side of the exchange. The blockchain takes on the role of a mediator, connecting demand with supply of real-life infrastructure.

Free Meal Deal Solana DePIN Article - https://www.blocmates.com/research-re...

blocmates buffet - https://t.me/blocmatesbuffet

Find the team at:
  / grantblocmates  
  / 563defi  

Timestamps:
00:00 Intro
01:00 Disclaimer
03:00 What is DePIN?
11:45 Nosana
19:55 Render
29:00 IONET
35:50 Hivemapper
44:50 Teleport
54:14 Onocoy
59:00 Helium
01:12:00 GenesysGo
01:14:00 Pyth
01:24:00 Synesis One
01:34:00 Grass

On this channel, we will talk about Bitcoin, Ethereum, BTC, ETH and many altcoins including Arbitrum ARB, Solana SOL, Avalanche AVAX, Optimism OP tokens etc. We will discuss how to get your hands on the latest crypto airdrops, yield farming strategies, new DeFi projects and much more crypto news.

Disclaimer:

The information presented on the Blocmates podcast is for educational and entertainment purposes only. It is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented on this podcast without undertaking independent due diligence and consultation with a professional broker or financial advisor. You understand that you are using any and all Information available on or through this podcast at your own risk.

Cryptocurrency is a highly volatile and risky investment. You should only invest money that you can afford to lose. Before investing in cryptocurrency, you should do your own research and understand the risks involved. You should also consult with a financial advisor to get personalized advice on whether cryptocurrency is right for you."

Note: This is simply for entertainment purposes. Nothing in this video is financial advice as we are simply commenting on what is going on in the markets and the world. Do your own research.

#Solana #DePIN #crypto #altcoins