Today, we would be looking at several projects that have the potential to 10X even 50X your investment. Some of which include DEPIN projects and altcoins that would be listed on binance and could skyrocket in value very soon.
By the way, if you're interested in learning about DeFi and discovering innovative projects, you may want to check out our 'Mastering DeFi' course. It's designed to help you understand DeFi in a fun and easy way, with lessons that you can access immediately. Now let's get started!
AI (Artificial Intelligence) and DePIN (Decentralized Physical Infrastructure Network) are two of the most exciting trends in technology today.
AI can optimize the operations of DePIN networks, leading to increased efficiency and cost savings.
DePIN networks generate vast amounts of valuable data. AI can help extract insights from this data, which can then be monetized through various applications. Now you all see how these two are, and why we need to catch them early.
Many AI and DePIN projects have their own native tokens. By investing in these tokens, you can potentially benefit from the growth of the project and its ecosystem, mind you, the AI tokens or projects we would be looking at are going to be listed by binance, so get ready for some bullish moves.
First of all we have Dimo network. For starters, DIMO is the most open and secure mobility platform in the world, powering the next generation of connected car applications and services.
DIMO means Digital Infrastructure for Moving Objects and allows vehicle owners to collect, use, and monetize data from their vehicles.
DIMO lives on the Polygon blockchain (EVM-compatible) and establishes an open, blockchain-based identity for users and vehicles.
If you are a user, you can mint your car as an NFT, self-custody its data, and choose if and when you’d like to monetize said data. DIMO offers new opportunities for app developers and data consumers to make use of rich, verifiable data and build new app subcategories.
$DIMO is the native blockchain token of the DIMO protocol issued to users and contributors. It’s used for accessing data, building on the network, and voting on upgrades.
Getting involved with DIMO and getting started mining their $DIMO token can be facilitated through the DIMO Mobile app. Participants can either buy a hardware device or connect via their car’s app if it has one.
After going through the onboarding process within the DIMO app, you just need to maintain this connection to begin collecting vehicle data and earning $DIMO tokens.
Their team is helping create an active developer ecosystem that will continuously generate new opportunities for earning tokens and capturing and then using vehicle data.
The $DIMO token holders can create and vote on proposals called DIMO Improvement Proposals (DIPs) that have control over the network, upgrade DIMO smart contracts and token, and set aside tokens for grants.
There are no limitations on what the DIMO community can vote on or do as it is built as a decentralized community.
Second project will be an ai project, devolved ai. Devolved AI's breakthrough approach is based on a unique blend of blockchain technology and artificial intelligence.
This integration provides a degree of decentralization and community engagement that distinguishes Devolved AI from its competitors.
On August 5, 2024, AGC, the native token of Devolved AI, had its grand debut on MEXC, one of the top exchanges in the world.
This shows that Devolved AI's creative approach to AI development and governance is being increasingly recognized rather than merely being another player in the cryptocurrency industry.
However, the update doesn't end there. The listing closely follows a previous significant accomplishment: the smooth introduction of Devolved AI's Layer 1 mainnet on Argochain on July 1, 2024.
These accomplishments represent a leap for Devolved AI in the endeavor to democratize artificial intelligence and make it available to everyone.
The future is tremendously bright for Devolved AI as it continues to add new features to its blockchain and develop collaborations with top firms in the blockchain and AI space.
The firm is at the forefront of a new age in artificial intelligence owing to its creative approach to AI development, dedication to community involvement, and openness.
Looking ahead, it's evident that Devolved AI is spearheading the AI space rather than merely taking part. When you check them out, make sure to let us know in the comments.
Up next let's look at filecoin. Some of us must have heard about this one. Filecoin is a decentralized storage system that aims to store humanity’s most important information. When I first heard this. I was like, “how is this possible”??
Filecoin was founded by Juan Benet, who also created the Interplanetary File System. Benet is an American computer scientist who studied at Stanford University.
Filecoin aims to store data in a decentralized manner. Unlike cloud storage companies like Amazon Web Services or Cloudflare, which are prone to the problems of centralization, Filecoin leverages its decentralized nature to protect the integrity of a data’s location, making it easily retrievable and hard to censor.
Filecoin allows people to be their own custodians of their data, as well as make the web more accessible to people worldwide.
Since participating in the Filecoin network by mining and storing is directly related to winning more block rewards, Filecoin encourages participants to act honestly and store as much data as possible.
Following its significant success in 2021, where it achieved substantial returns, investors’ interest in FIL is growing. If you’re considering investing in FIL but are uncertain about its future outlook and long-term potential, we’ve got you covered.
Messari reports show Filecoin’s Q2 storage utilization was up 26%. According to the report, about 518 clients onboarded large datasets less than 1000TIB. Also, FIL’s TVL reached an all-time high of 63m FIL ($273M), driven by staking and leading
Filecoin’s ecosystem has also introduced new decentralized storage solutions, such as integrating Swan Multi-Chain Storage.
This integration allows for a more seamless user experience in uploading, storing, and retrieving data across the Filecoin network without requiring deep technical expertise . How easy could this be for you and I, tech is going places these days.
The 4th will be orai chain. Oraichain is a Layer 1 chain and AI-based oracle. The chain runs on Cosmos IBC. On the chain, a team can both develop apps AND use the AI oracle when it needs it.
Those needs for off-chain info can include stock prices, weather temperatures, or real estate prices in Southern California.
Right now, Oraichain’s token is trading at $5.35 at the time of publishing this video. While it’s had a good last 12 months up a healthy 195%, in the last 90 days it’s been down over 60%.
We think this is just a breather before the next leg up for the project.
Its market cap is just under $80 million. Almost 90% of the total and maximum supply of $ORAI tokens are currently in circulation. We like seeing this. No huge unlock surprises coming.
$ORAI’s all-time high is $105 from back in 2021. And if the project tests that high again, that would be almost 20x for investors from here. Plus, the downside risk at this price seems lower than many crypto projects, which is one of the reasons we added it to the list.
And finally guys, we have GEOD. This project has done 41% over the last month, 27% over the last week and 10% over the last few days.
The Global Earth Observation Decentralized Network (GEODNET) is a decentralized network of Space Weather mining stations that report the real-time influence of the Sun’s solar winds on the Global Navigation Satellite System (GNSS) signals.
This data is commonly used to accurately correct GNSS (GPS and other navigation satellite) signals to provide centimeter level positioning accuracy and improve absolute time accuracy to nano-second level, this must be some rocket science next level shit.
Despite GEODNET's wild swings in value and the controversy surrounding its environmentally unfriendly energy usage, billionaire venture capitalist Tim Draper is sticking to his prediction that GEODNET will reach $0.50 by the end of 2025 or early 2025.
In conclusion, DeFi and AI continue to evolve, offering exciting opportunities for investors like you and I. As you check out these projects, consider the unique value propositions they offer and how they align with your investment goals.
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