During TOKEN2049, Airmoney will introduce the AirMoney Degn Device, a web3 hardware solution made specifically for DePIN. Beyond what a traditional hardware wallet can do, the device lets users engage with web3 protocols via a secure DePIN (Decentralized Physical Infrastructure Network) architecture.
With AirMoney, users can do more than just storage unlike in a typical wallet—they can operate nodes, earn tokens via Proof of Activity, trading, staking, and gaming on a completely decentralized, standalone device. Every device has a Node that users may turn on after it’s set up in order to connect to the network, begin operating, and begin earning tokens via Proof of Activity. This signals a change from solitary, basic storage units to fully interactive ecosystems that let users to take charge of their cryptocurrency experience in novel ways.
In order to give easy access to decentralized apps and services straight from the device, AirMoney Degn Device has collaborated with a number of top blockchains and dApp providers. Access to an extensive array of cryptocurrency tools and products is ensured by the integration of many unique dApps into AirMoney’s decentralized app store. It has access to Bybit-powered spot and perpetual futures trading, along with a dedicated physical knob for adjusting leverage, and Synesis One’s AI data labeling dDapp, the Workspace.
The actual OLED-powered buttons on the AirMoney device, which enable users to conduct transactions and communicate with dApps at the touch of a button, are one of its most notable features. This makes interacting with cryptocurrencies more tangible and intuitive than previously. It also gives customers the ability to have complete custody over their assets in a very secure hardware environment.
AirMoney is dedicated to increasing everyone’s access to cryptocurrency. The AirMoney Degn Device, which comes pre-loaded with native tokens, serves as a gateway to facilitate users’ participation in DeFi and the growth of their cryptocurrency holdings. To ensure that everyone involved in the network benefits from its success, Proof of Activity (PoA) will be used to distribute the bulk of AirMoney’s native token supply among users.
With its DePIN device, the AirMoney Degn device, which was introduced on September 18 at TOKEN2049 in Singapore, will revolutionize how consumers engage with cryptocurrency. Users are enabled to become active participants, operating nodes, trading, staking, and gaming inside a fully decentralized standalone device, as opposed to passively retaining assets.
Top-Tier Security: Powered by Web3Auth’s MPC Technology
AirMoney puts security first by using Web3Auth’s Multi-Party Computation (MPC) technology, which has been validated by more than 10 million accounts globally. AirMoney offers an additional degree of security by simply storing a portion of the private key on the device, in contrast to conventional wallets that save the complete key. AirMoney divides the key across many places using Shamir Secret Sharing to make sure that the user’s assets are never compromised by a single point of failure. With the flexibility to freely participate in the decentralized ecosystem without worrying about losing their assets, users are safeguarded by this state-of-the-art security architecture.
The only features that current hardware wallets provide are basic token swaps and safe storage of cryptocurrency holdings. Concurrently, the development of DeFi and web3 has given rise to dynamic ecosystems that need more involvement, usability, and engagement. The AirMoney Degn Device is an example of how hardware wallets have developed into all-purpose tools for maximizing DeFi and Web3.
AirMoney CEO Kryzstof Gagacki said:
“The AirMoney device advances crypto hardware beyond the era of passive storage. Just like the Kindle was built for reading, AirMoney is purpose-built for crypto, offering users a gateway to the decentralized economy where they can actively trade, stake, and earn from a single, powerful device.”
The introduction of the AirMoney Degn Device will improve the bar for cryptocurrency hardware and encourage more users to join the network and earn money.
Source: AirMoney Unveils Groundbreaking DePIN Hardware AirMoney Degn Device
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