In previous articles, we wrote about some up-and-coming DePIN projects in the Cosmos, Solana, and Cardano ecosystems. In this post, we will cover three emerging DePIN projects on the Polygon blockchain.
Recall that DePINs (Decentralized Physical Infrastructure Networks) are initiatives that harness blockchain technology to build out decentralized physical infrastructure for networks related to data streaming, cellular communications, solar energy, and more.
Although several DePIN projects (including DIMO, XNET, and GEODNET) are already migrating from Polygon onto other blockchains such as Solana and Base, there are still a few that are staying operational on this older Ethereum Layer 2 scaling solution.
In this article, we are going to briefly cover the latest updates for a few of these DePIN projects that still remain on Polygon.
Streamr (DATA)
Streamr is a decentralized network of independent nodes that delivers real-time data without any centralized control. Participants earn DATA tokens by operating nodes that relay and secure data streams across a peer-to-peer network.
X posts from mid-March highlight Streamr’s push into decentralized video streaming. The project has teased capabilities like serverless live streaming with Streamr TV, enabling creators to broadcast with minimal latency and no intermediaries.
Arkreen Network (AKRE)
Arkreen is a blockchain-powered data network for connecting distributed renewable energy resources, and monetization towards a carbon-neutral planet. Arkreen rewards green behaviors with its ERC20 token AKRE, which was minted on Polygon.
On the supply side, it captures data from eco-friendly actions like solar power generation, energy-efficient appliances, and electric vehicles. On the demand side, Arkreen targets carbon offset participants, offering a voluntary marketplace for tokenized green assets.
Arkreen recently partnered with GEODNET, with the aim of offsetting 87870 kWh of energy.
Boson Protocol (BOSON)
Boson is a protocol that enables the exchange of digital assets for real-world goods and services without intermediaries. It is the decentralized base layer for the tokenization and secure exchange of any physical Real World Asset (RWA).
X posts from January and February highlight Boson’s focus on integrating AI agents into its ecosystem. Founder Justin Banon, featured in CoinDesk articles, emphasized Boson as a base layer for AI-powered decentralized commerce.
Upon further investigation, it would seem that Boson is also in the process of migrating to another blockchain (Base, in this case).
Until next time...
Although quite a few DePIN projects have already started to migrate from Poly"gone" to other blockchains, there are still a few that remain.
The above projects are pushing the boundaries of E-commerce, energy, and data streams, and are certainly worth keeping an eye on as we advance into 2025.
If you learned something new from this article, be sure to check out my other posts on crypto and finance here on the Hive blockchain. You can also follow me on InLeo for more frequent updates.
Further Reading
- Three Up-And-Coming DePIN Projects On The Solana Blockchain
- Three Promising DePIN Projects In The Cardano Ecosystem
- Three Rapidly Growing DePIN Projects In The Cosmos Ecosystem
- How To Invest In DePIN Projects on Polygon