Recap · · 2 min read

The Future of DePIN Hardware Integration

The Future of DePIN Hardware Integration

Explore Projects Redefining AI and IoT in Decentralized Networks

1. IoT Networks & Connectivity

- Helium (HNT):  Decentralized IoT network via proof-of-coverage hotspots.  

Funds: Raised $200M from Tiger Global and FTX Ventures to expand its network.  

Latest Update: Partnered with Dish Network for an expanded IoT network and mobile 5G connectivity.

- Nodle Network:  Bluetooth-based IoT network for data and connectivity.  

Funds: Raised around $25M over multiple funding rounds.  

Latest Update: Launched "Nodle Cash," a reward token for data providers in its network.

- IoTeX:  Secure IoT with blockchain and AI-powered devices.  

Funds: Raised $10M and launched a $100M Sustainable Ecosystem Fund.  

Latest Update: Partnered with DIMO for secure, user-controlled vehicle data via Web3.

2. Decentralized Storage

- Filecoin (FIL):  Blockchain-enabled storage with IPFS.  

Funds: Raised $205M via an ICO.  

Latest Update: Rolled out a Filecoin Plus program for more efficient, verified storage.

- Arweave (AR):  Permanent data storage through blockchain.  

Funds: Raised $22.1M across multiple rounds.  

Latest Update: Integrated with the Internet Archive to secure historical data.

- Ocean Protocol:  Shares IoT data via AI models while maintaining privacy.  

Funds: Raised $5M for secure IoT data sharing.  

Latest Update: Announced an alliance with Fetch.ai and SingularityNET for a decentralized AI ecosystem.

3. Computing Power & Creative Rendering

- Render Network (RNDR):  Distributed GPU marketplace for 3D graphics.  

Funds: Raised $30M for a distributed GPU marketplace.  

Latest Update: Migrated to Solana to improve speed and scalability.

- Fetch.ai:  Combines blockchain and AI to build autonomous economic agents.  

Funds: Secured $40M from DWF Labs.  

Latest Update: Launched autonomous agents for smart grid energy management.

4. Video Streaming

- Theta Network(THETA): Decentralizes video streaming and bandwidth.  

Funds: Raised $113M, with the latest round in October 2023.  

Latest Update: Released EdgeStore, a decentralized storage system for video content.

5. AI & Autonomous Agents

- Phala Network:  Privacy-preserving AI computation in IoT devices.  

Funds: Initially raised $1M for secure IoT computation.  

Latest Update: Launched Phat Contract, a secure execution environment for Web3 developers.

- SingularityNET:  Decentralized AI marketplace powers smart contracts for IoT devices.  

Funds: Raised $36M in its ICO.  

Latest Update: Rolled out the beta version of its AI-as-a-Service platform.

6. Mobility & Navigation

- eTukTuk:  AI-powered navigation and mobility in electric tuk-tuks.  

Funds: Raised $2.1M via an ICO to empower EV charging stations.  

Latest Update: Announced the launch of its EV stations in Sri Lanka.

- DIMO:  Analyzes connected vehicle data with AI for better driving patterns.  

Funds: Secured $9M from CoinFund.  

Latest Update: Expanded its developer ecosystem by providing SDKs for data analysis apps.

7. Weather Forecasting

- WeatherXM:  AI-based weather analysis using decentralized stations.  

Funds: Raised $5.26M for AI-powered weather analysis.  

Latest Update: Expanded its network to include new weather stations across Europe.

Read next