This article takes stock of the DePIN projects that are worth paying attention to in the near future

This article is a text version of a selection of TrendX Institute’s weekly projects. The weekly selection time span of this issue is from December 1st to December 15th, with a total of 9 projects.

HiveMapper

Basic Information:

Twitter followers: 22,600

The number of top KOLs to follow: 55

Number of asset whales followed: 11

Number of NFT whales followed: 21

Voting popularity: 23.58 million votes

Introduction: Hivemapper is a decentralized, constantly updated map built by people using dashcams. This new map economy represents a fundamental shift in the way people build maps and ownership, sharing the economic benefits with those who build global maps.

Recent developments: It is a DePin project with relatively fast development of the Solana ecosystem, which has risen well recently, with a current circulating market value of about 60 million US dollars, and the follow-up will not rule out the launch of first-tier exchanges.

Meson Network

Basic Information:

Twitter followers: 196,200

Number of top KOLs to follow: 66

Number of asset whales followed: 18

Number of NFT whales followed: 35

Voting popularity: 15.41 million votes

Introduction: Meson Network is committed to creating an efficient bandwidth marketplace on Web3, replacing the traditional labor-based sales model with a blockchain protocol model, integrating and monetizing idle bandwidth from long-tail users at low cost.

Recent developments: BNB Chain’s snapshot assistant tool, the token name has been revealed, but the specific coin issuance information has not been announced, and it can be tracked continuously.

Render Network

Basic Information:

Twitter followers: 124,000

Number of head KOLs to follow: 45

Number of asset whales followed: 12

Number of NFT whales followed: 29

Voting popularity: 26.39 million votes

Summary: Render Network provides a decentralized GPU-based rendering solution designed to connect users who need rendering jobs with people who have spare GPUs to work on them.

Recent developments: With the development of VR, AR and other fields, the higher the demand for GPUs, the better the trend of RNDR.

Helium

Basic Information:

Twitter followers: 190,300

Number of head KOLs followed: 191

The number of asset whales followed: 68

Number of NFT whales followed: 137

Voting popularity: 33.4 million votes

Summary: Helium is a globally distributed hotspot network that creates public long-range wireless coverage for LoRaWAN-enabled IoT devices and cellular devices.

Recent developments: The DePin project, the head of the Solana ecosystem, is also one of Solana’s core strategic focuses in 2024.

Thala

Basic Information:

Twitter followers: 57,100

The number of top KOLs to follow: 96

Asset whale followers: 50

Number of NFT whales followed: 53

Voting popularity: 36.78 million votes

Introduction: Thala is a decentralized stablecoin protocol that builds a yield-generating stablecoin and liquidity supply layer on Aptos

Recent developments: The representative DeFi project of the Aptos ecosystem has a current market value of about $7 million, and has a great upside prospect.

Zephyr Protocol

Basic Information:

Twitter followers: 16,100

Number of top KOLs to follow: 16

Number of asset whales followed: 2

Number of NFT whales followed: 7

Voting popularity: 88.2 million votes

Introduction: Zephyr Protocol is a private stablecoin protocol that blends the principles of privacy and stability to create a truly much-needed digital currency.

Recent developments: Create a privacy stablecoin paradigm while providing DeFi services that meet the needs of users. Recently, the price has fallen, and you can open a position moderately in the later stage.

TurtSat

Basic Information:

Twitter followers: 43,200

The number of top KOLs to follow: 48

Asset Whale Followers: 15

Number of NFT whales followed: 24

Voting popularity: 38.92 million votes

Introduction: TurtSat is a community-led, open platform based on Ordinals that aims to become the Gitcoin of Ordinals.

Recent developments: BTC ecological Launchpad leader, several projects currently online have risen well. The TURT token community has a strong consensus and can be held for a long time.

MultiBit

Basic Information:

Twitter followers: 18,500

Number of top KOLs followed: 23

Number of asset whales followed: 8

Number of NFT whales followed: 17

Voting popularity: 9.86 million votes

Introduction: MultiBit is the first-ever two-way bridge designed for cross-network transfers between BRC20 and ERC20 tokens.

Recent developments: BTC the ecological prosperity and the demand for cross-chain will gradually increase, MultiBit provides cross-chain tools to facilitate the transfer of assets inside and outside the BTC ecosystem.

Liquidium

Basic Information:

Twitter followers: 7421

Number of top KOLs followed: 33

Number of Asset Whale Followers: 5

Number of NFT whale followers: 20

Voting popularity: 22.39 million votes

Introduction: Liquidium is the first NFT lending protocol on ordinals, allowing users to access NFT-backed loans.

Recent developments: BTC ecological lending leader, which has just completed a $1.25 million Pre-Seed round of financing, led by Bitcoin Frontier Fund. You can keep an eye on it.