DePIN on Solana

    Harnessing the power of Solana's robust fee structure and lightning-fast transaction speeds, the DePIN Dashboard delves into the remarkable growth and adoption of decentralized infrastructure projects like Helium and Hivemapper. It explores key performance indicators, user metrics, and growth trends to gain valuable insights into these pioneering networks and their impact on the global landscape. It discovers how these decentralized ecosystems are thriving on Solana and driving the future of decentralized physical infrastructure.

    ✨Introduction
    🛠 Methodology

    Welcome to the DePIN Dashboard, providing insights and analysis on decentralized physical infrastructure projects powered by Solana. In this dashboard, we focus on two notable projects: Helium and Hivemapper.

    Helium, a global network of Hotspots, utilizes the Helium blockchain to create a decentralized wireless network for IoT and cellular devices. With its native cryptocurrency, IOT, Helium incentivizes the expansion of this network, resulting in the largest LoRaWAN network worldwide.

    Hivemapper, on the other hand, is an open, global, and decentralized mapping network built by contributors with dashcams. Through their street-level imagery collection and AI Trainer games, Hivemapper aims to create a comprehensive map of the world while rewarding contributors with their native token, HONEY.

    Both projects demonstrate the power of decentralization and the potential for disruptive innovation in their respective industries. In this dashboard, we will analyze key performance indicators (KPIs), user growth, and assess signs of acceleration for these networks.

    This dashboard aims to analyze the growth of Helium and Hivemapper on Solana by evaluating various metrics such as the number of new and active interactors, interactions over time, and the swapping of native tokens for each project. The following procedure was followed to gather the necessary data and insights:

    1. Helium Analysis:

      To assess Helium's growth, queries from the provided dashboard were utilized. These queries focused on evaluating metrics such as NFT mints and the migration of wallets from Helium to Solana, providing insights into the user activity and engagement.

    2. Hivemapper Analysis:

      For analyzing Hivemapper's metrics, the payment contract address provided in the documentation was utilized. This allowed for the retrieval of relevant data associated with payments and transactions within the Hivemapper ecosystem.

    By following this methodology, it becomes possible to gain a better understanding of the growth and activity of both Helium and Hivemapper on Solana. These insights will enable the assessment of new user adoption, user engagement patterns over time, and the utilization of native tokens within each project.