Is DePin the answer to AI's unquenchable thirst for GPU's?

Hello Team,

DePin was on lots of people’s 2024 prediction list.

And what’s not to like? Big projects with significant user bases are out there providing real world services. And they’re growing.

These decentralised networks are being built with and for their communities. We simply love to see it.

So this time around we’re bringing you Bionic’s take on this emerging sector. Also we have a deep dive into one of our favourite DePin projects. So keep reading.

Oh yeah and just a heads-up - we’re going into an exciting week for Bionic with some big announcements and plans being revealed.

We’re excited to share what’s next with you. Coming soon…

We think you’ll be into it ⏩️

📍 Bionic Original: A Deep Dive on DePin

Decentralised. Physical Infrastructure. Networks.

We like this acronym.

One of many reasons we’re big on this emerging space is because it heralds the integration of Web3 mechanics into services and products where big centralised players have dominated.

So seeing services improved by this technology is a significant step forward for the technology - and for the space.

We’re delighted to share our thoughts with you and hope you enjoy the read!.

ON YOUR RADAR

We liked these. You might too…

🥽 Project E L Y S S A are marrying DeSci with AR. And they’re up to something.

📍If you want to explore DePin projects by blockchain, sector and market cap - DePin Hub has you covered.

🧬 This DeSci project has created a Rare Disease Registry with a top 10 pharma company on board as a partner. The institutions are here.

🎓️ Academic publishing is getting a blockchain-based platform for fair, accessible and equitable research. This is it.

👶 AthenaDAO explores one of science’s big Moonshots: the artificial womb.

💰️ DeSci Foundation are launching a fund for Scientific Innovation. Check the details here.

🖼️ This is a pretty good Farcaster Frames explainer. Watch.

THE BREAKDOWN
🎮️ Gaimin’s Processing Power Play

The futures of gaming and web3 seem inevitably intertwined. So watching these two huge sectors and their technologies come together is fascinating.

This podcast features Martin Spate, the CEO of Gaimin as he breaks down the innovative tech he’s created that’s fusing blockchain and gaming.

Gaimin connects the gaming community with blockchain technology and harnesses underutilized GPU power from gamers' PCs to support blockchain and AI technologies,

This offers gamers a new way to monetize their equipment.

Gaimin aims to be a bridge between Web 2.0 gaming and the emerging Web 3.0 ecosystem, promising significant growth and adoption in the near future.

Gaimin Broken Down:

1. Decentralized Computing Power: Gaimin taps into the vast, underutilized GPU power available in the global gaming community, addressing the growing demand for computational resources in blockchain and AI.

2. Innovative Monetization Model: The platform provides gamers with an innovative way to monetize their gaming hardware without compromising gaming performance, through background processes that support blockchain networks and AI computations.

3. Cross-Platform Utility: Gaimin's digital assets and tokens offer cross-platform utility, allowing gamers to own and use their digital assets across multiple games, enhancing the value and usability of in-game purchases.

4. Strategic Partnerships: The project has formed strategic partnerships, including with BNB Chain for Web 3.0 gaming, positioning Gaimin at the forefront of blockchain integration in the gaming industry.

5. Gaming Gladiators Esports: Gaimin's acquisition of the Gaming Gladiators esports organization not only serves as a marketing tool but also integrates esports with blockchain technology, creating new opportunities for engagement and monetization.

6. Commitment to Security: Gaimin places a high priority on security, employing industry-leading practices and undergoing regular audits to ensure the safety and integrity of its platform and software.

 📺️ Watch it all for yourself on YouTube here

The Bionic newsletter is meant for informational purposes only. It is not meant to serve as investment advice. Please consult with your investment, tax, or legal advisor before making any investment decisions.
Disclosure: Authors may own cryptoassets named in this newsletter.