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Topic: Are DePIN projects still underrated? (Read 126 times)

legendary
Activity: 2758
Merit: 4073
All these projects are closer to services and do not need separate tokens to represent them as they can be done centrally with a Bitcoin or any cryptocurrency payment gateway and the result will be more efficient.
Their current pumping is closer to a pump-dump scam as they do not represent sustainable ideas.
legendary
Activity: 3332
Merit: 1034
Leading Crypto Sports Betting & Casino Platform
DePin is by no mean underrated, try to observe the market cap of DePin niche you'd easily find out the market cap of DePin overall has been reaching $30 billion in just short amount of time, I don't think it's underrated at all and even though there is still a chance that DePin category might grow overtime, I think we're already in the middle of hype probably at the last stage of hype.

plenty of people already changing narrative after NVIDIA conference to AI agent these days and people moving their capital from DePin.
still i think DePin is one of the sector that gonna greatly helped by the AI narrative because most of project are always about providing computing power.
hero member
Activity: 3136
Merit: 579
January 09, 2025, 11:37:00 PM
#11
You cannot underestimate projects with usecase, DePins are a new concept; many of these are on the testing and token sales. Once the roadmap and the whitepaper are implemented, we will see how things will work out on DePins Who knows after the AI This is the next big thing, One of the DePin that I see that has potential in the market is the already launched Natix

https://www.natix.network/
A global mapping network of smart cameras Join the world's largest AI camera network (DePIN) and earn.

With over 230k registered, this DePin proved that it has usage.
legendary
Activity: 3164
Merit: 1506
January 09, 2025, 09:46:15 PM
#10

There are a lot of depin projects, really good ones with goals and solutions. There's interesting one I've been holding its airdrop. Grass Io, which focuses on monetizing unused internet bandwidth and using those data to improve AI..

The demand for AI compute will certainly be a very big usecase for DePin in the cryptospace. This demand will be increased more this year because we have a new entry for the AI storyline. This will be the metaverse with AI inside of them. This will be something similar to the television show in HBO with the title West World. This is where humans' relationship with AI will begin to change.

However, I reckon the hardware power might not be enough to make this world a possibility without DePin hehehe. DePin, AI and the metaverse will be working together to create new products for human entertainment.
hero member
Activity: 3192
Merit: 597
Leading Crypto Sports Betting & Casino Platform
January 09, 2025, 06:28:36 PM
#9
So do we still lack something in DePIN to make it truly trend?
It is already a trend and people needs to see how the hype is going. It cannot go with what's the sentiment of the market as of now for which there's a lot of fear and then bad news about dumping Bitcoins. So, even if the hype is there then the market sentiment is stronger and most of the depins out there seems to be overrated and waiting to get some attention from the community. Good for those that have went first and got the attention and those that are about to come, they're struggling for now but we will see once the market recovers.
hero member
Activity: 1050
Merit: 747
January 09, 2025, 05:03:29 PM
#8
So do we still lack something in DePIN to make it truly trend?
We lack proper orientation on how the projects work, and how to invest early in such projects because the hype behind these Depin projects is huge, and that is why the trend is much, and these trends might lead to a better project unlike telegram projects what’s wasted a lot of peoples time in the name of mining.
For people that knows crypto and trend of the projects in lines knows the important of given DePin project’s attention because we have seen them with huge potential.
?
Activity: -
Merit: -
January 09, 2025, 01:07:43 PM
#7
You know guys what's interesting? The development of DePIN. It has evolved so much that it's kinda hard to ignore its potential. I know that a few of you guys have been discussing this, maybe I can know even more what's possible with it..

There are a lot of depin projects, really good ones with goals and solutions. There's interesting one I've been holding its airdrop. Grass Io, which focuses on monetizing unused internet bandwidth and using those data to improve AI..

I have also seen some solutions come to handy, such as U2U project, they leverage advanced DAG technology and EVM compatibility for ultra-fast transactions and scalability. Their unique subnet tech enables developers to build scalable, independent networks, perfect for DePIN apps. Not to mention their U2U token powers the network's innovation incubation programs, where devs can propose and receive support for their projects. It's been hyped on X since the listing on exchanges like Bitget, MEXC and others.

So do we still lack something in DePIN to make it truly trend?
DePIN has been fascinating to watch evolve. Personally, I have been really intrigued by Grass Io, which turns unused bandwidth into something valuable for AI and U2U Network with its advanced DAG tech and subnets that make scalable DePIN apps a reality. 

For me, what stands out about U2U is how it is not just about speed and scalability but also about supporting innovation through its incubation programs. It feels like a project with real purpose. 

To answer your question , i will say yes and i think what will make it trend will be broader adoption and real-world intergration. Also, with its listing announcement on platforms like Bitget things are definitely looking up. You can check out the latest updates on their [Twitter](https://x.com/U2UNetwork) as they continue to build momentum.
What is your take?
hero member
Activity: 2464
Merit: 594
January 09, 2025, 09:29:37 AM
#6
For me I don't think DePIN is underrated as it hasn’t really proven itself yet. Maybe once there are more success stories and practical applications emerging from this project it could start gaining mainstream attention. Right now I feel one of the reasons why it’s still holding back is the lack of awareness and understanding.

Like with Grass I’ve also participated in other DePIN projects. It’s much better than those airdrops on Telegram that require too many tasks. With DePIN you just install their extension or app let it run in the background and you’re good to go.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
January 09, 2025, 09:11:46 AM
#5

So do we still lack something in DePIN to make it truly trend?

It still needs more time; the DePin projects I'm working on, many of which are similar to Grass, are in their testing stage with a number of participants as high as 100k to 500k on every DePin. Many are hoping this is the next big thing, but we still have to see what it will bring to the community.
For a concept to remain and generate support, it needs to have contribution to the industry or it will just die down
I have seen so many concepts come and go, so sustainability is the key factor in this concept.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
January 08, 2025, 11:08:42 PM
#4
So do we still lack something in DePIN to make it truly trend?

I agree about DePin being underrated given that they have a real utility that they can offer compared to meme coins that is obviously worthless token. I recently manage a campaign for DePin in the forum but it has lack of exposure since people might be assuming it’s just another DeFi hype in different form.

I think crypto world is just still busy on meme coins investment as well with airdrops from different blockchain project.

Let’s see if DePin can create buzz after the hype on Bitcoin and meme coins investment is over.
hero member
Activity: 3108
Merit: 537
Leading Crypto Sports Betting & Casino Platform
January 08, 2025, 10:59:10 PM
#3
So do we still lack something in DePIN to make it truly trend?
I think most of depin lacks sustaining earning for the people who truly participated in the infrastructure, as of know, most of depin got massive amount of people contributing to the network because they incentivizes them with potential airdrop.
but what happen after that? probably the depin will be abandoned and has lesser public participation.

it'd be great if they truly can find some strong use case where demand can follow supply, but so far I'm pretty pessimistic, DePIN as a concept is great, but we'll see whether they truly have place in the market or not in 1-2 year even more so when market shifted bearish.
hero member
Activity: 1736
Merit: 798
January 08, 2025, 07:25:44 PM
#2
From my POV, DePIN isn't underestimated. It's more that it's not yet a promising category from the investor's perspective. Let's take the example of the $GRASS project, what will investors get if they buy this token? The final purpose is only for the bandwidth costs used, right?

I'm not too deep into this category, so I only know a little about the projects in this category, but so far the fact is that DePIN projects are less profitable from the investor's perspective.
jr. member
Activity: 168
Merit: 1
January 08, 2025, 01:51:03 PM
#1
You know guys what's interesting? The development of DePIN. It has evolved so much that it's kinda hard to ignore its potential. I know that a few of you guys have been discussing this, maybe I can know even more what's possible with it..

There are a lot of depin projects, really good ones with goals and solutions. There's interesting one I've been holding its airdrop. Grass Io, which focuses on monetizing unused internet bandwidth and using those data to improve AI..

I have also seen some solutions come to handy, such as U2U project, they leverage advanced DAG technology and EVM compatibility for ultra-fast transactions and scalability. Their unique subnet tech enables developers to build scalable, independent networks, perfect for DePIN apps. Not to mention their U2U token powers the network's innovation incubation programs, where devs can propose and receive support for their projects. It's been hyped on X since the listing on exchanges like Bitget, MEXC and others.

So do we still lack something in DePIN to make it truly trend?
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