Introduction
DePIN Launchpad was created on the 1st of January 2024, after years of being in the De PIN space and seeing all the factors that influence the industry and mainly all the boundaries that restrict members of the crypto industry from being able to invest in the De PIN industry we decide that something needed to be done.
What issues does DePIN solve?
Many De PIN projects that seek to solve a problem with Decentralized Infrastructure inherently face a major problem when trying to onboard and grow their networks to the level that the data collected is deemed as valuable by the clients of said De PIN projects, therefore not only do many projects fail but a lot of contributing investor lose their capital investment.
There is a very clear boundary that prevent and restricts a lot of investors from entering De PIN projects and that is COST, most De PIN projects hardware ranges in cost from $100 well into over the $1000 price range, this creates a imbalance in early contributors and later contributors who can only invest when the project is becoming more stable this can also create problems for the stability of price and the network at large.
How Does DePIN Solve This issue?
At DePIN Launchpad we are pursing to solve this problem by creating in essence what can be seen as a crowdfunded De PIN industry Contributing investor token. Members of the crypto community who seek to be part of the DePIN space or even are just looking to gain some value from the DePIN space however are restricted by the high cost to buy into the Hardware of these project, can essentially buy the DePIN token and get rewarded from these projects indirectly just by Staking DePIN.
Tokenomics
Total Supply: 1,000,000 Million $DePIN tokens
Initial Token Distribution:
Staking - 200,000 DePIN
Founder - 40,000 DePIN (one max wallet)
LP -760,000 DePIN
45762.9226 DePIN Burnt Forever
Key Features:
Liquidity Mechanism (1% Per Transaction) to ensure stability.
Marketing/Hardware Mechanism (4% Per Transaction) to build value for token.
Reward mechanism from DePIN projects Hardware to be distributed to Stakers (minimum 2% staked).
Renounced contract ownership
Community driven
Market Potential
According to data from digital asset marketing intelligence firm Messari, the DePIN market has a current valuation of nearly $2.2 trillion, with a trajectory that could see itrech up to $3.5 trillion in the next four years.
The technology has facilitated developments such as the Peaq Network blockchain tokenizing a fleet of Tesla’s through the use of DePIN technology or bosch’s recent efforts with the European Union to build a decentralized IoT.
Some have even specutlated that DePIN technology will be one of “this decade’s most important crypto investments.” However, the widespread emergence and integration of artificial intelligence (AI) over the past year raises the question of compatibility between these two technologies.
Leonard Dorlöchter, the CEO of the Peaq Network, told Cointelegraph that he sees the DePIN sector as “set to blossom in 2024,” which is “inherently linked with the AI boom.
Roadmap (Community driven)
Q1 2024:
Token development and smart contract creation.
Website launch.
Slow Launch and organic growth.
Social media presence establishment.
Establish a solid base of followers and community.
Contract Renounced and Tax finalised.
Community decides was DePIN project to invest in as the first investment.
NFT collection for Rewards Mechanism Created and start marketing for the collection.
Rewards and buybacks full transparency over the process.
Q2 2024:
Establish a more based community.
Expand listing and presence.
Invest in other projects and continue monitoring rewards and distributions.
review project direction and update whitepaper.
Conclusion
DePIN Launchpad aims to establish itself as a leading utility coin with a unique identity and a strong focus on simplicity, fairness and community engagement. By prioritizing decentralization, fairness and community, $DePIN aspires to create an inclusive ecosystem that enables sustainable growth, innovation, and long-term value for its holders.