Google’s significant investment in Decentralized Physical Infrastructure (DePIN) has opened up a massive opportunity for investors to make life-changing profits. By farming and accumulating the most promising DePIN protocols while they are still in their early stages, investors can potentially enjoy 7-figure returns. In this article, we will explore the top 7 DePIN projects with the highest potential and most generous rewards, shared by analyst Nobler.
What you'll learn 👉
Understanding DePIN
DePIN is a decentralized application that utilizes tokens to incentivize people to crowdsource and build connected real-world physical infrastructure. The DePIN industry focuses on providing real-world services to people via real-world devices and community-governed Web3.
Google’s Investment in DePIN
Over the past few months, Google has been heavily investing in DePIN, primarily in AI-related protocols and startups. This investment has sparked interest among investors looking to capitalize on the potential of DePIN projects.
Top 7 DePIN Projects
1. Peaq ($PEAQ)
Peaq is the blockchain for real-world applications, having raised $23.5M from Tier-1 VCs at a $150M valuation. It boasts the second-largest DePIN ecosystem in Web3, with over 25 projects. Peaq’s estimated impact value by 2027 is $1.8B+.
To earn rewards, users can provide liquidity, mint Machine NFTs, participate in DAO, add and manage machines, send them on missions to provide services, and earn rewards.
2. IoTeX ($IOTX)
IoTeX is creating an open network where all physical and virtual things can cooperate with full trust and privacy. Having raised $70M and valued at $750M, IoTeX received a direct grant from Ethereum and recently announced a $50M investment into its own DePIN ecosystem.
Users can earn rewards by engaging with the DePIN Liquidity Hub, participating in decentralized governance, and exploring ecosystem projects such as $NAXIT, $WIFI, and $NODLE.
3. Render Network ($RNDR)
Render Network is the leading provider of decentralized GPU-based rendering solutions, revolutionizing the digital creation process. Having raised $30M from Solana and Multicoin Capital, Render Network is currently valued at $5.25B and recently transitioned its full network to Solana.
To earn rewards, users can fill the onboarding form, connect to a node, and earn token rewards by running the node and accepting rendering jobs.
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Show more +4. Theta Network ($THETA)
Theta Network is the leading decentralized blockchain cloud for AI. Having raised $134M from Solana and Multicoin, Theta Network is backed by Binance, OKX, and others. It is set to launch the first cloud computing platform built on a fully distributed architecture.
Users can earn rewards by setting up an Edge Node, contributing unused computational and bandwidth resources, and participating in governance.
5. Helium ($HNT)
Helium is a decentralized wireless network built around WHIP on a purpose-built blockchain. Having raised $365M from a16z, Multicoin Capital, and Google Ventures, Helium is valued at $1.2B and backed by Coinbase, Kraken, and others. It is built on Solana and has a strong DePIN narrative.
To earn rewards, users can set up a miner, earn Helium tokens for building and securing network infrastructure and transferring device data, and participate in governance.
6. Akash Network ($AKT)
Akash Network is the first decentralized computing marketplace to provide permissionless access to cloud resources. Having raised multi-million funding and valued at $1.6B, Akash Network is backed by Coinbase, Kraken, and KuCoin. It is built on Akash Chain, which is based on the Cosmos SDK.
Users can earn rewards by becoming an Akash Network cloud provider, filling the form and joining the Akash Insiders, staking $AKT, and participating in governance.
7. OpenTensor ($TAO)
OpenTensor is an open-source protocol that powers a decentralized machine learning network. Backed by Binance and Polychain and valued at $12B, OpenTensor has a strong AI + DePIN narrative and offers a unique ecosystem for machine learning with a ground-breaking incentive mechanism.
To earn rewards, users can set up a Mining Node, stake and delegate $TAO, and explore the ecosystem projects.
As Google continues to invest heavily in DePIN, the opportunities for investors to make significant profits are becoming increasingly apparent. By focusing on the top 7 DePIN projects with the highest potential and most generous rewards, investors can position themselves to capitalize on the growth of this exciting and rapidly evolving industry.
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