World Mobile surpasses 100K users, Helium explores energy sector with Srcful, and Crust teams up with Xcavate for better real estate tokenization storage.
Decentralized Physical Infrastructure Networks (DePin) are transforming technology by enabling decentralized projects in real-world infrastructure. Recent highlights include World Mobile’s user milestone, a Swedish energy project joining Helium, and Crust Network partnering with Xcavate for better storage solutions in real estate tokenization.
World Mobile, a global blockchain-based wireless network, has reached over 100,000 unique daily users, marking a 400% increase over the past year. This growth is due to the network's expansion across Africa, Asia, and the USA, with 1,798 AirNodes deployed globally, including 680 in Zanzibar, 1,113 in Pakistan, and five in the USA. World Mobile is now the largest network by unique users in the wireless DePin category.
"Over 100,000 daily customers across three continents, connecting to 1,846 AirNodes. One unifying mission, driving one visionary team, powered by one pioneering community," the team wrote on X. The network uses the World Mobile Token (WMT) for all transactions, including calls, data usage, and wallet transactions, rewarding node operators and token stakers. This system encourages active user participation and rewards.
Following this milestone, World Mobile has outlined ambitious plans for the rest of 2024, including further global AirNode deployments, additional AirNode sales, and a token migration to Base, Ethereum, and BNB Chain. On July 1, the Helium Foundation hinted at new “subnetworks” in a blog post, suggesting expansion beyond wireless. This speculation was confirmed when a Swedish energy project called Srcful proposed becoming a Helium subnetwork with its own ENERGY token.
A firmware upgrade would enable existing Helium IoT hotspots to support Srcful, expanding the network’s utility and providing another way to earn tokens. The proposal includes special “gateways” that act as hotspots, requiring vendors to stake 50 million ENERGY tokens to sell them. If the governance vote passes, Srcful plans to use Helium hotspots to run a virtual power plant (VPP), combining small energy sources like household solar panels and batteries to support the energy grid. In this plan, households share power from their solar panels or batteries, earning ENERGY tokens in return. Helium hotspots would manage these panels and batteries, and hotspot operators would also get rewards.
Srcful would then sell the VPP’s energy to clients like energy companies or grid operators, generating revenue to sustain the project. Crust Network has partnered with Xcavate to provide enhanced decentralized storage solutions for real estate tokenization. This partnership aims to secure and decentralize property data storage, preventing single points of failure and improving data integrity.
This collaboration offers several benefits: Crust’s decentralized network ensures all real estate data is kept safe and reliable. Combining Crust’s storage capabilities with Xcavate’s tokenization protocol creates a secure and trustworthy system for users. Crust’s solutions efficiently handle large amounts of property data, supporting Xcavate’s goal of making real estate investments accessible worldwide.
By using Crust’s decentralized storage, Xcavate ensures property data is secure, unchangeable, and easily accessible, boosting trust and transparency in real estate tokenization. Prophecy Market Insights predicts the global real estate tokenization market will grow at a compound annual growth rate (CAGR) of 2.90% from 2024 to 2034, with market revenue increasing from $3.8 billion in 2024 to $26 billion by 2034.
These developments indicate a promising future for DePin, with more prominent players entering the sector and new solutions emerging. While DePin is still in its early stages and has some flaws, it enables the exchange of tokens between synthetic and real-world assets, supporting traditional infrastructure by providing last-mile coverage in areas where conventional models are not economically feasible.
