At present, the depin projects in the secondary market mainly come from the previous cycle. A new narrative has emerged in this cycle: lightweight projects, such as bracelets/watches/mobile phones, etc. Such projects have lower customer acquisition costs and can penetrate web2, bringing mass adoption to crypto. However, there are still many projects under construction in the primary market and have not been released to the public. Currently, there are 200-300 Depin projects in the entire primary and secondary markets. The entire track has not yet exploded, but it has great potential.

From a technical perspective, Depin has a lot of room for development and opportunities. On the one hand, for the storage layer, the entire infrastructure is not enough for Depin ecological applications. I believe that DA for depin will have good development. On the other hand, the combination of Depin+AI is also an important direction.

First, Dipin connects with the real world to build a network; second, there are many opportunities for lightweight consumer projects at present, which can reach C-end customers and bring repeat purchases; third, the opening of Depin application scenarios brings a considerable market, such as mining, Solana mobile phones and other soft Depin projects.  

Recommend a few secondary Depin projects worth paying attention to?

io: a leading value target

AR: transforming into AO, to come up with a token economic model for IO and AO

TAO: the economic model design is remarkable, encouraging subnet competition

Helium Moblie: the favorite of Solana ecosystem, the project party has been working

Hivemapper: map collection, the project is very meaningful

Dimo: trams will have a very large market in the future

Ator: network relay