DeSpeed - World's First Decentralized Internet Speed Data Layer

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15 Jan 2025

DePIN Projects On The Rise
There are so many new DePIN projects entering the market. For various reasons, I have stumbled upon several new projects lately that I have chosen to ignore. However, today’s project looks rather interesting and has just been released. This is imperative regarding securing a significant airdrop. My token allocation for the first two epochs of the Grass airdrop was significantly higher than the remaining epochs.
It is always best to get in as early as possible. Early users are sometimes rewarded with exclusive rewards, making early adoption more viable. As I mentioned, expect the DePIN sector to be flooded with new projects. This is why I have been addressing early and relevant projects. Future leaders in any particular niche are often the first to arrive. These are usually projects driven and motivated by purpose, not hype.
As soon as any niche garners attention, opportunists arrive to make a quick fortune. I will scrutinize projects more severely as the bull market matures. Projects like Nodepay, Gradient Network, Kaisar Network, and Teneo are still relatively early. However, they entered the market before the hype and should be solid choices for dedicated DePIN miners.
A New Rival
DeSpeed’s first tweet on X was on December 31st, a “Coming Soon” announcement. This project is still very early and mining before the masses arrive will be a good move. The only problem with a new project is that there isn’t much data to research, which makes it very difficult to analyze. However, the presentation, dashboard functionality, and UI are excellent.
As mentioned, the presentation reveals a lot regarding the caliber and dedication of the team. One of the projects I recently rejected has the same UI and dashboard as Grass. It is a perfect replica, including the color theme. This speaks volumes, as zero effort was made regarding the presentation. It’s simply just a slapdash copy/paste project. I prefer to avoid these as a rule, without exception.

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The official X account has already acquired 42K followers and the engagement is strong. There are various quests related to X, Discord, and daily activity. Most DePIN dashboards have a “Quests” tab where daily check-in streaks and other activity-based rewards can be earned. The installation process was quick and easy, and I was up and running within minutes, just the way I like it!
I am glad I discovered DeSpeed so soon after it launched. The Validator Browser Extension launched on January 4th, making it a little over a week old. It’s time to start mining Bytes and building another decent airdrop allocation. I have been running the extension for a couple of hours. However, everything is operational and running smoothly.

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Final Thoughts
I have not discovered what chain DeSpeed runs on. I would love to acquire this information, so if anyone knows, please let me know. My overall impression of DeSpeed is good. However, I don’t have much to analyze at this early stage. As mentioned, the presentation is good, and the dashboard’s UI is sleek, crisp, and professionally presented. Anyway, that’s it for this one! See you next time!

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Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
This article was first published on Sapphire Crypto.