DePIN | Messari Curates Industry Development Status and Project Introductions
Sweatcoin: Encouraging Users to Exercise with Token Rewards Based on Walking Data, and Utilizing Data for Advertising Business Models. However, the current advertising system of Sweatcoin only analyzes step and user location data, resulting in a lower conversion rate. Sweatcoin is waiting for the number of registered users to exceed 13 million.
Dimo: Utilizing OBD readers and OEM integration, it can directly decode real-time car data from the vehicle’s OBD. It is expected that the data can help users reduce expenses on car insurance, financing, maintenance, gasoline, and registration fees (average Americans spend $4,000 to $6,000 per year), thus attracting users. By 2023, the number of vehicles within the Dimo system is expected to grow tenfold to 25,000.
Petastic: By utilizing a pet’s birthday, location, vaccination records, dietary history, and other data, AI provides pet owners with care advice to reduce the cost of pet ownership. On the other hand, users can earn token rewards based on interaction frequency. It is estimated that Petastic can reduce annual expenses for American pet owners in terms of food, insurance, medical care, and toys by over $600. The platform already has over 600,000 registered pet data.
