Following the buzz from our last article about earning in DePIN, it’s safe to say DePIN is the talk of the town in 2024 and one of the hottest crypto trends, with its market cap (total project value) going up over 400% since last year (which signals – stable), and it’s expected to hit $3.5 trillion by 2028 based on Messari’s report.
DePINs aren’t just digital assets – they connect to real-world things we use daily, like energy, AI, and wireless tech, and this utility is exactly what drives the growth of this sector to such a massive extent. And while DePINs are definitely starting to catch on, it’s still early, meaning you don’t need much to get started (especially with AYDO by your side), and the potential benefits are much greater.
Now, let’s dive deeper into why today it’s the best time to get involved with DePIN.
Being part of something as exciting as DePIN is a great feeling and you’ll really get how this tech works and how it can make a difference for you and everyone else. The best part? When new technology like this comes around, the people who jump in first often end up with the best rewards.
DePIN relies on the so-called “network effect.” Basically, as more people join and use the network, it becomes more valuable for everyone. Think of it like a party – more guests make it livelier and more fun!
Within this framework, your early involvement can lead to better opportunities, such as getting premium access to new features, being the first to find out about partnerships, or receiving rewards that come with being a foundational member.
Discord is where you can earn roles that come with another layer of benefits. As an early supporter of a DePIN project, you might snag a VIP or early supporter role, get access to private channels, direct chats with the project team, join in on contests and giveaways that other people can’t access, and more.
Some roles might even let you beta test new features or preview updates before they’re made available to the public.
We at AYDO are about to kick off our closed beta, and being an AYDOHelper could open new doors for you. If you’re active on Discord, join chats, take part in contests and giveaways, you could land a spot on the AYDO List. It’s limited to around 300 members, so getting in early really has its perks if AYDO resonates with you. Plus, the AYDO Helper, AYDO OG, and Special Ambassador roles on Discord can also get you early beta access.
So, to sum it up – since you’ve been around from the beginning, the more you get involved, the higher your role can go, giving you even better perks as the project you’re supporting grows.
A lot of DePIN projects are just getting started, which means they’re looking for people to join in and support their development. This includes giving people a chance to invest in their native tokens at really good prices right from the start – and some may even give out tokens for free in the form of airdrops.
An airdrop is when a project hands out free tokens to early supporters or members, almost like a welcome gift, just for being involved and helping get things going.
DePIN projects reward users for helping out in various ways, like improving map accuracy and freshness, providing affordable AI computing power (processing power for big data tasks), sharing data, running nodes (guiding data and making sure it moves correctly from one point to another), making predictions, or training AI by playing simple games on their devices.
Remember the network effect we mentioned? As the project grows and the demand for its service gets higher, the value of the tokens backing up the network also tends to rise. So, if you picked them up when they were cheap or better yet, got some for free – you could be in for an even bigger upside later. It’s like buying something on sale and watching its value go up – who wouldn’t want that?
The Graph is one DePIN project that airdropped its native token, $GRT, and those who sold when it hit $2 saw some nice returns. Now, $GRT is a top 5 DePIN token with over 40% growth in the past year. Same story with Filecoin and its token, $FIL – it has had even bigger gains, now trading at $4, with a 180% increase over the past year.
And while some people think they need special hardware to get started with DePIN projects, that’s not the case (well, because, there’s AYDO). You can actually jump in and start earning without all that, keeping the profits almost entirely in your pocket.
For some early adopters in DePIN, the rewards have been huge. And when you choose projects that prioritize a safe, positive environment, crypto becomes a space you can trust and grow in. Until the next time, and our next article that will further explain all of the benefits of being an early AYDO adopter, be sure to connect with AYDO and follow us on social media – X, Telegram, and Discord for more updates!