December 3, 2024

PING joins the peaqosystem

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In a nutshell: PING — a DePIN of gaming computers providing decentralized cloud services — has joined the peaqosystem. With its own dedicated PING laptop for gamers, this project is set to bring a whole new class of gaming rigs to the Machine Economy on peaq. You will be able to earn rewards for sharing your idle computing resources with game developers and other projects in need of GPU capacities.

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From idle machines to income streams

If you’re a gamer, you know too well how resource-intense modern games are. Want to run your favorite triple-A title at a smooth framerate? Chances are you need a powerhouse of a machine. But it’s so worth it — who cares about money when there’s Consort Radahn to beat, managed democracy to spread, and Shadowheart to romance! Today’s best games are so crisp and immersive that it’s no wonder the gaming industry is raking in more revenues than music and movies combined. But what happens to all that compute power when you’re sleeping, eating, working, or, well, doing anything other than gaming? The answer is nothing. It just sits there, unused.

But it doesn’t have to.

PING is building a DePIN that will let gamers monetize the spare resources of their rigs and earn rewards for letting the network leverage them. Devices connected to PING would serve as a decentralized backend for Web2 and Web3 online games, giving developers a cheaper and more transparent alternative to traditional cloud services. Their spare resources could also be used for things like training AI models, rendering visuals-heavy virtual experiences, mining crypto, and completing various other resource-intense tasks. PING hasn’t even launched yet, but it is already cooperating with 20 gaming projects that could run on its platform, including Yuliverse and Seraph.

But PING doesn’t just plan on using existing gaming hardware. It’s providing it as well.

Manufactured by ThundeRobot, a major Chinese gaming hardware company, the PING laptop is the powerful workhorse of the DePIN. Running on a 16-core Intel i7-14650HX processor, it leverages the high-end NVIDIA RTX4070 GPU and 16 GB of RAM to handle the most demanding Web2 and Web3 games. With some 2,000 units already sold, the laptop owners will get special benefits in the PING ecosystem, including priority in staking, exclusive rewards from partners, and more. However, the DePIN will be open for non-proprietary gaming rigs to join as well in the future.

As part of its integration with peaq, PING will set up a mechanism that will enable people to buy their PING laptops with stablecoins on peaq. It will also build the smart contracts that will enable gamers to mint these laptops as NFTs on peaq, thus confirming their ownership in a trustless and decentralized way. PING will also outfit all devices on its DePIN with self-sovereign peaq IDs and launch its token natively on peaq.

“The gaming industry is blossoming, and DePIN can help it scale to the next level. The PING DePIN is doing exactly that, aligning the incentives of all stakeholders: Gamers get to enjoy top titles while earning rewards for monetizing their spare compute while developers get a cheaper backend for all their cloud needs. This project is made possible by peaq’s impressive fundamentals, which will help PING scale and grow, and the peaq IDs will work as a powerful tool for secure authentication and identity management on the network.”

— Tony Zhang, co-founder of PING

“The DePIN model puts gamers at the helm of the industry they love and care for, making them the owners of the infrastructure their favorite games run on. PING is bringing this vision to life — and we are thrilled to see it join the peaq ecosystem, with its launch set to make an impact on one of the most important entertainment sectors in the world.”

— Leonard Dorlöchter, co-founder of peaq