<100 subscribers
Here’s a breakdown of how you can work on DePIN, broken down by role and actionable steps.
First, make sure you have a solid foundation. DePINs use blockchain technology, cryptocurrencies, and token incentives to build and operate physical infrastructure in a decentralized way. This includes:
Hardware Networks: Wireless (e.g., Helium Network), geospatial data (e.g., Hivemapper), energy grids, and sensor networks.
Digital Resource Networks: Storage (e.g., Filecoin), computing power (e.g., Render Network), and bandwidth.
The core idea is: instead of one company owning and running everything, individuals and small businesses own the hardware and are rewarded with tokens for providing services.
How you "work on DePIN" depends on your skills and interests.
If you have technical skills, this is where you can create the next groundbreaking project.
What to do:
Develop Core Protocols: Work on the blockchain smart contracts (often in Rust or Solidity) that manage tokenomics, rewards, and verification of work. This requires deep blockchain knowledge.
Build Hardware/Software Integration: Develop the software that runs on the hardware nodes (often in Python, Go, or C++) to communicate with the blockchain, perform tasks, and validate data.
Create dApps (Decentralized Applications): Build user-facing applications that allow people to interact with the DePIN. For example, an app to buy storage on Filecoin or map data from Hivemapper.
How to start:
Learn Blockchain Basics: Understand smart contracts, oracles, and how transactions work.
Pick a Ecosystem: Many DePINs are built on Ethereum Virtual Machine (EVM)-compatible chains (Polygon, Solana) or their own L1/L2s. Solidity is a key language for EVM.
Explore Existing Projects: Dive into the documentation and GitHub repos of major DePINs to see how they are built.
Join Developer Communities: Discord and Telegram are where most builder communities live.
This is the most common way to "work on" a DePIN. You provide the physical hardware and are rewarded for it.
What to do:
Research Projects: Find a DePIN project that aligns with your interests, budget, and technical comfort level (e.g., Helium for wireless, Hivemapper for mapping, Render for GPU power).
Acquire Hardware: Purchase the official or approved hardware (e.g., a Helium Hotspot, Hivemapper Dashcam).
Set Up and Maintain: Install the hardware, connect it to the network, and ensure it stays online and functional to maximize your rewards.
How to start:
Pick a Project: Use sites like DePINscan or CoinMarketCap's DePIN category to research different networks.
Calculate ROI: Look into the cost of hardware, energy consumption, and potential token rewards. Be aware that rewards often decrease as more nodes join the network.
Join Community Forums: Learn from experienced node operators about the best practices for your location and setup.
You can work on DePIN by providing capital to support the growth of the sector.
What to do:
Token Investment: Buy and hold the native tokens of DePIN projects you believe in. Your investment supports the network's economy.
Early Funding: Participate in early-stage funding rounds or Initial Coin Offerings (ICOs) for new DePIN projects (this carries high risk).
Liquidity Provision: Provide liquidity to token pairs on Decentralized Exchanges (DEXs) to help facilitate trading.
How to start:
Do Your Own Research (DYOR): Thoroughly analyze the project's whitepaper, team, tokenomics, and market need.
Use Reputable Exchanges: Buy tokens from well-known exchanges that list them.
Understand the Risks: Crypto investing is highly volatile. Never invest more than you can afford to lose.
The simplest way to participate is to use the services provided by DePINs.
What to do:
Use the Service: Buy decentralized storage from Filecoin or Arweave, use decentralized compute from Render, or connect to decentralized WiFi from Helium Mobile.
Provide Data: Use apps like DIMO (vehicle data) or Hivemapper to contribute data and earn tokens in return.
How to start: Simply find a DePIN product that solves a problem you have and start using it!
Educate Yourself: Follow key resources like the DePIN Hub, Messari's DePIN reports, and influencers in the space on X (Twitter).
Join a Community: Discord is the #1 place for DePIN projects. Join a few servers for projects that interest you and just listen (a practice called "lurking") to learn the ropes.
Start Small: Consider becoming a node operator for a lower-cost project to get hands-on experience. Alternatively, use a small amount of capital to try out a DePIN service as a user.
The DePIN space is still young and experimental, but it represents a powerful new paradigm for building the infrastructure of the future. The best way to learn is to dive in and start participating
Here’s a breakdown of how you can work on DePIN, broken down by role and actionable steps.
First, make sure you have a solid foundation. DePINs use blockchain technology, cryptocurrencies, and token incentives to build and operate physical infrastructure in a decentralized way. This includes:
Hardware Networks: Wireless (e.g., Helium Network), geospatial data (e.g., Hivemapper), energy grids, and sensor networks.
Digital Resource Networks: Storage (e.g., Filecoin), computing power (e.g., Render Network), and bandwidth.
The core idea is: instead of one company owning and running everything, individuals and small businesses own the hardware and are rewarded with tokens for providing services.
How you "work on DePIN" depends on your skills and interests.
If you have technical skills, this is where you can create the next groundbreaking project.
What to do:
Develop Core Protocols: Work on the blockchain smart contracts (often in Rust or Solidity) that manage tokenomics, rewards, and verification of work. This requires deep blockchain knowledge.
Build Hardware/Software Integration: Develop the software that runs on the hardware nodes (often in Python, Go, or C++) to communicate with the blockchain, perform tasks, and validate data.
Create dApps (Decentralized Applications): Build user-facing applications that allow people to interact with the DePIN. For example, an app to buy storage on Filecoin or map data from Hivemapper.
How to start:
Learn Blockchain Basics: Understand smart contracts, oracles, and how transactions work.
Pick a Ecosystem: Many DePINs are built on Ethereum Virtual Machine (EVM)-compatible chains (Polygon, Solana) or their own L1/L2s. Solidity is a key language for EVM.
Explore Existing Projects: Dive into the documentation and GitHub repos of major DePINs to see how they are built.
Join Developer Communities: Discord and Telegram are where most builder communities live.
This is the most common way to "work on" a DePIN. You provide the physical hardware and are rewarded for it.
What to do:
Research Projects: Find a DePIN project that aligns with your interests, budget, and technical comfort level (e.g., Helium for wireless, Hivemapper for mapping, Render for GPU power).
Acquire Hardware: Purchase the official or approved hardware (e.g., a Helium Hotspot, Hivemapper Dashcam).
Set Up and Maintain: Install the hardware, connect it to the network, and ensure it stays online and functional to maximize your rewards.
How to start:
Pick a Project: Use sites like DePINscan or CoinMarketCap's DePIN category to research different networks.
Calculate ROI: Look into the cost of hardware, energy consumption, and potential token rewards. Be aware that rewards often decrease as more nodes join the network.
Join Community Forums: Learn from experienced node operators about the best practices for your location and setup.
You can work on DePIN by providing capital to support the growth of the sector.
What to do:
Token Investment: Buy and hold the native tokens of DePIN projects you believe in. Your investment supports the network's economy.
Early Funding: Participate in early-stage funding rounds or Initial Coin Offerings (ICOs) for new DePIN projects (this carries high risk).
Liquidity Provision: Provide liquidity to token pairs on Decentralized Exchanges (DEXs) to help facilitate trading.
How to start:
Do Your Own Research (DYOR): Thoroughly analyze the project's whitepaper, team, tokenomics, and market need.
Use Reputable Exchanges: Buy tokens from well-known exchanges that list them.
Understand the Risks: Crypto investing is highly volatile. Never invest more than you can afford to lose.
The simplest way to participate is to use the services provided by DePINs.
What to do:
Use the Service: Buy decentralized storage from Filecoin or Arweave, use decentralized compute from Render, or connect to decentralized WiFi from Helium Mobile.
Provide Data: Use apps like DIMO (vehicle data) or Hivemapper to contribute data and earn tokens in return.
How to start: Simply find a DePIN product that solves a problem you have and start using it!
Educate Yourself: Follow key resources like the DePIN Hub, Messari's DePIN reports, and influencers in the space on X (Twitter).
Join a Community: Discord is the #1 place for DePIN projects. Join a few servers for projects that interest you and just listen (a practice called "lurking") to learn the ropes.
Start Small: Consider becoming a node operator for a lower-cost project to get hands-on experience. Alternatively, use a small amount of capital to try out a DePIN service as a user.
The DePIN space is still young and experimental, but it represents a powerful new paradigm for building the infrastructure of the future. The best way to learn is to dive in and start participating
Share Dialog
Share Dialog
No comments yet