Posemesh DePIN Picks Up Steam with Latency Testing, Liquidity Pool
Hong Kong, Hong Kong, May 30th, 2024, Chainwire
The posemesh, the ambitious decentralized physical infrastructure network (DePIN) for AI perception, has been busy progressing through its roadmap. Two recent milestones reflect the protocol’s forward momentum.
Pinging the DePIN
The launch of a tap-to-earn DePIN diagnostics app, which helps to test the latency of the posemesh, has seen over 11,000 users sign up to potentially earn rewards in less than a week. A Telegram Mini App (TMA), the ‘Pinger’ records the typical internet latency of average app users by pinging the posemesh’s DePIN servers – hence the name. All community members must do is hit a key to ping a small batch of nodes.
At present, the posemesh’s distributed infrastructure features around 300 servers, though parent company Auki Labs says the goal is to expand to thousands and then millions. The ultimate goal is to create a spatial computing network vast and powerful enough to onboard “the next 100 billion people, devices, and AI.”
By gamifying latency testing with a leaderboard, Auki Labs wants to compel users to compete with one another by completing tasks on an hourly, daily, or weekly basis. Users who ping for five consecutive days receive 1,000 bonus points, while participants can also increase their ranking by using the referral program: 3,000 points are disbursed per friend invited. Those who accrue 100,000 are welcomed into the Posemesh League, a role with access to a private channel within the project’s Discord server.
To date, some 12 million pings have been made, providing the valuable data needed to refine the posemesh network’s latency.
Incentivizing Innovation
Aside from the new diagnostics app, the posemesh has been busy on other fronts. A partnership with Drip Finance saw the arrival of Posemesh Launchpools, which allow users to stake stablecoins or ETH to potentially earn rewards in the form of Auki points ahead of The Posemesh Foundation’s upcoming TGE. This token is at the heart of the posemesh, rewarding node operators and domain service providers to establish an economy around the DePIN for AI perception.
Drip Finance leverages an array of battle-tested DeFi protocols like Aave and Compound, automatically restaking funds to potentially generate rewards for The Posemesh Foundation treasury.
Another partnership with Web3 community builder Zealy also saw the launch of a referral campaign. In a nutshell, users are tasked with completing various ‘quests’ – such as referring a project to build on the posemesh SDK, joining the official Discord or completing a posemesh-themed quiz – in return for XP points.
At this juncture, incentivization is at the heart of the posemesh, as it seeks to spread the word about its transformative technology. In a sense, the posemesh is incentivizing innovation since those who participate in its ecosystem and help drive it forward are laying the building blocks for the creation of a universal spatial computing protocol, allowing machines to reason about physical space collaboratively.
The posemesh DePIN enables users to create domains and anchor digital objects in physical reality. By allowing “devices to come together and form ad-hoc distributed spatial computers,” Auki Labs says its DePIN will facilitate an era of shared Augmented Reality in which AI and machines can collaboratively come to understand the dimensions of the physical world.
Utility-driven DePIN solutions are on the rise, proliferating across blockchains and raising millions of dollars in strategic funding rounds. As well as decentralized compute networks like Filecoin and Arweave, we have seen the emergence of energy networks Powerpod and React, which let users share renewable energy power and surplus electric vehicle batteries.