The DePin Discussion: Today & Tomorrow
This space is hosted by IntractCampaign
Space Summary
The Twitter space focused on the DeepIn model within the Development Agency niche, showcasing unique services such as exposure and awareness tools, personalized profiles for founders, and a liquidity hub for token bridging. It emphasized the importance of utilizing market information and highlighted a feature for displaying device locations on a map. The discussion also offered collaboration opportunities for projects to enhance token liquidity, with a focus on the modular approach of DeepIn. The DeepIn model aimed at project growth through decentralized exchange, bridges to major blockchains, and wallet integration. Additionally, liquidity mining incentives were discussed to support project development, addressing technical challenges, operational challenges, end-user functionalities, and data visualization in the context of decentralized networks.
Questions
Q: What services were highlighted for project exposure and awareness?
A: The Twitter space emphasized exposure and awareness tools to enhance project visibility.
Q: How can founders manage their profiles connected to projects?
A: Founders can create personalized profiles linked to their projects for better management.
Q: Which platform provides relevant market information for projects?
A: Platforms like Coingecko were mentioned for accessing relevant market information.
Q: What unique feature does DeepIn offer for projects to showcase device locations?
A: DeepIn offers a unique feature where device locations are displayed on a map for projects.
Q: What is the liquidity hub concept introduced for DeepIn projects?
A: The liquidity hub concept introduced a platform for token bridging and shared liquidity pools on Dex.
Q: How does the liquidity hub facilitate token bridging for projects?
A: The liquidity hub enables collaborative token bridging to support shared liquidity pools on Dex.
Q: What collaboration opportunities are available for projects on different chains?
A: Projects have the opportunity to bootstrap token liquidity on different chains through collaborations.
Q: How does DeepIn support projects in bootstrapping token liquidity?
A: DeepIn supports projects by offering collaboration opportunities for token liquidity bootstrapping.
Q: What modular approach is adopted by DeepIn for project growth?
A: DeepIn adopts a modular approach involving decentralized exchange, bridges to major blockchains, and wallet integration for project growth.
Q: How are liquidity mining incentives utilized for project development?
A: Liquidity mining incentives are utilized to promote project growth by offering incentives for liquidity provision.
Highlights
Time: 00:06:08
Introduction to DePIN: Overview of the Twitter Space discussion on Decentralized Physical Infrastructure Networks.
Time: 00:07:55
Titan Network’s Mission: Explanation of how Titan Network matches idle resources from devices.
Time: 00:17:56
Resource Sharing in DePIN: Discussion on the types of resources (physical and digital) that can be shared in DePIN.
Time: 00:42:34
Challenges for Mainstream Adoption: Addressing the fundamental challenges DePIN projects face to achieve widespread adoption.
Time: 00:47:37
Technical Challenges: Overview of technical challenges, including system design and token incentive structures.
Time: 00:49:21
Operational Challenges: Insights into operational challenges, such as market penetration and building community trust.
Time: 00:59:47
Demand Side Communication: Strategies for effectively communicating the benefits of DePIN to a wide audience.
Time: 01:15:27
Future Developments in IoTeX: Announcements about upcoming launches, including new tokenomics and a revamped whitepaper.
Key Takeaways
- Importance of exposure and awareness for project visibility.
- Personalized profiles for founders linked to projects.
- Utilizing market information through platforms like Coingecko.
- Displaying device locations on a map for DeepIn projects.
- Introduction of a liquidity hub for token bridging and shared liquidity pools.
- Collaboration opportunities for projects to bootstrap token liquidity on other chains.
- Customizable pages for projects and founders.
- Utilizing latitude
- longitude
- and device liveness for project visibility.
- Modular approach with decentralized exchange
- bridges to major blockchains
- and wallet integration.
- Offering liquidity mining incentives for project growth.
Behind the Mic
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Deep in founders can create a profile for themselves personally and then link it to their project so they can edit their page at any time. And it pulls in all the relevant information from say Coingecko for market cap and token price. And then also the really cool thing that’s kind of deep and specific is that deepen projects can basically push the latitude and longitude and liveness of their devices to deepen scan and have the devices kind of show up on the map. So that’s something unique to deepen that we enable there. And then the other kind of pretty modular way that we are appealing to deepen founders is with the liquidity hub. So this is kind of a combination of a decentralized exchange on Iotex, our bridges to and from all the other major blockchains and our wallet. And basically what we do is we’ll work with any deep end project to bridge their token over from their home chain, whether it’s Polygon, Ethereum, Solana, whatever it is, and then they’ll contribute say $20,000 of their token, will contribute $20,000 of Iotex to match it to create like a shared liquidity pool on the Dex. And then we will do liquidity mining incentives and co marketing around that to basically help them bootstrap token liquidity on another chain. Right. And by the way, to all the builders. If you are interested in collaborating with us, feel free to dm our dm me and our account, let’s put it thank you. Thank you for sharing this and consenting. Chang and Conan, thank you for joining in and sharing for incredible insights today. I hope that our listener found it as engaging and informative as I did. So yeah, to everyone who tuned in, thank you for joining us on the twister space. If you enjoyed the discussion, please make sure to follow us. And I and our amazing partners who are on the call. So, yeah, stay curious, keep exploring until next time. Take care. Goodbye. Bye. Bye, everyone. Thanks, everyone. Bye. Bye. Bye, guys. Have a good one. Bye.
