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- Welcome Kevin_Lee to the Gate Square! 🎉
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Check out and engage with Kevin_Lee’s latest post!
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Let’s give Kevin_Lee a warm welcome! 👏👏👏
Multiple DePIN projects have annual revenues exceeding one million dollars, and Aethir has set a new record for a single payment.
Gate.io News bot message, according to the latest report from OurNetwork, among the 20 DePIN projects surveyed, more than 10 projects have achieved an annual income of over 1 million dollars. Projects like Arweave have exceeded the total amount of their Token distribution incentives.
The report points out that DePIN projects typically allocate 0.1% to 0.8% of the total token supply as monthly incentives during the early stages. Most DePIN projects handle off-chain payment operations through DAOs or related entities. Among them, Aethir transferred 30 million ATH (approximately 1 million USD) to its staking pool on March 20, setting a record for such payment transactions.
Source: Wu Says