June 25, 2024

Meet the first cohort of the DePIN Base Camp Accelerator Program

peaq

Community

Meet the first cohort of the DePIN Base Camp Accelerator Program

In a nutshell: Outlier Ventures, peaq, and Borderless Capital have announced the six teams chosen to join the DePIN Base Camp — a Web3 accelerator program for early-stage DePIN projects. The selected teams will receive the necessary funding, mentorship, and support to develop their projects into practical, real-world DePINs.

What is the DePIN Base Camp?

The DePIN Base Camp is a Web3 accelerator program run by Outlier Ventures — the leading global Web3 accelerator — in collaboration with peaq. It’s supported by Borderless Capital, the program’s capital partner and the leading venture capital firm in the DePIN space.

The goal of the program is to support entrepreneurs, founders, and projects working on real-world Web3 use cases. The selected teams not only have the opportunity to participate in workshops and gain mentorship from industry leaders over a period of 12 weeks, but will also receive investment from Borderless Capital.

Meet the teams

The DePIN Base Camp has carefully selected six early-stage startups building products across IoT hardware networks, decentralized computing and AI, wireless network optimization, digital twin technology, cybersecurity, and cloud gaming and metaverse. With the support of Outlier Ventures, peaq, and Borderless Capital, these six teams are in the perfect position to push the DePIN space forward and unlock the full potential of Decentralized Physical Infrastructure Networks.

Learn more about each of the projects bellow:

Aydo (United Arab Emirates)

AYDO allows users to connect third-party IoT devices and sensors based on ESP32 boards to supported DePIN projects. This allows users to save significant amounts on the hardware costs without locking them into a single ecosystem. At the same time, DePIN projects can focus on their core business and eliminate the need to manufacture and distribute hardware at all. In addition, AYDO Dashboards allow users to easily discover DePIN projects and manage streaming to them.

Kaisar Network (Vietnam)

Kaisar Network is a DePIN protocol specifically designed and optimized for decentralized computing and AI. Kaisar Network’s mission is to reshape the future of decentralized computing by harnessing AI and blockchain to aggregate spare GPU resources, offering them at significantly reduced costs and rewarding participants for providing their GPUs/computation resources

Roam Network (Finland)

Mobile networks connect your phone to the internet. For mobile network operators, enterprise connectivity managers, and tech-savvy users, collecting accurate, real-time mobile network performance data is often challenging and costly. Roam Network simplifies this with the Roam App, allowing users to share their network data for blockchain-based rewards. Our approach includes user-labeled data measurements, offering unique insights not available in traditional methods. Roam Network provides cost-effective, reliable analytics, improving network services and customer experiences for all stakeholders.

ROVR (Hong Kong)

ROVR is a decentralized, ultra-high-precision multidimensional digital twin platform for our planet fueling next-generation transportation and 3D AI engines. Thanks to proprietary highly specialized 3D environmental data acquisition devices, users can easily capture and record environmental information within a 100-meter range with 2cm accuracy. The vast amount of extremely high-definition data generated by ROVR will lay a solid foundation for the next generation of 3D AI training.

TouchBrick (USA)

TouchBrick’s cybersecurity network powers privacy agents that protect your business's most sensitive data, constantly learning and preventing emerging threats to data directly in your databases. TouchBrick’s privacy-first network enables ethical AI training through synthetic datasets. It is designed to secure the enterprise and enable the compliant use of sensitive data in an industry first. As AI models, healthcare, and fintech industries expand, and the risk of personal data exposure surges, TouchBrick offers true privacy and full data fidelity with a zero-trust onboarding experience.

YOM (UK)

YOM is building the first cloud gaming DePIN on Solana, streaming games, white-label experiences , and entirely new entertainment formats at scale. Leveraging a distributed network of gaming hardware, YOM offers global low-latency near-zero costs cloud gaming on any device and channel, effectively eliminating the need for dedicated game consoles such as Xbox or Playstation.

"DePIN is pushing through boundaries beyond digital resources – it’s rapidly expanding into data/IoT and social platforms as it goes mainstream. The decreasing cost of computational resources enables individuals and smaller organizations to contribute to DePIN networks, unlocking their true potential. With the launch of this program, we are leveraging our extensive industry expertise to support founders building scalable ventures with tangible impacts on the real world needs of people. Even in the toughest markets, we help founders break down barriers.”

— Riccardo Pagano, DePIN Accelerator Lead at Outlier Ventures

‍

“We’ve seen and spoken to so many talented teams at this first edition of the DePIN Base Camp. It’s been a pleasure to be a part of it. This first cohort demonstrated how DePIN is well on its way to upgrading today’s most important real-world industries, showcasing Web3's vast potential to drive real-world innovation and change. peaq was built to power this new paradigm, and we’re thrilled to see so many awesome projects bring it to life across the board with help from Outlier Ventures, Borderless Capital, and peaq.”

— Max Thake, co-founder of peaq

‍

“We are excited to support these great teams in their process to become leading DePIN networks in their respective verticals. This cohort comprises some of the best applications of this nascent technology to create solutions to real world problems by leveraging token incentives. Borderless has invested in 35+ DePIN projects and will continue to support this leading Web3 vertical.”

— Álvaro Gracia, Partner at Borderless Capital

‍