Key Takeaways
- The DePIN Base Camp is a Web3 accelerator program run by Outlier Ventures in collaboration with peaq and supported by Borderless Capital, aiding early-stage Web3 founders working on real-world use cases.
- The DePIN Base Camp selected six startups building applications, products, and protocols that utilize digital networks, decentralized infrastructures, and data services, unlocking the full potential of DePINs.
- The remote 12-week accelerator program includes workshops with subject matter experts from Outlier Ventures, mentorship from industry leaders, and support from peaq and Borderless Capital for participating teams.
Outlier Ventures and peaq today announced the selected six teams taking part in the DePIN Base Camp accelerator program. The teams will receive investment from the program’s capital partner Borderless Capital, the leading venture capital firm in the DePIN space.
The DePIN Base Camp has selected six teams of leading 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. Collectively, their mission is to bring the DePIN sector to the next level with enhanced connectivity, data security, and resource utilization, and put it at the core of such industries as IoT, AI, digital infrastructure, and cloud gaming.
DePIN Base Camp Cohort:
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 network 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.
With its 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.
Riccardo Pagano, Outlier Venture’s DePIN Accelerator Lead, said: “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,” Pagano added.
“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.,” Max Thake, Co-founder of peaq. “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.”
During the program, the teams will receive tailored support from Outlier Ventures’ in-house experts on vital areas such as product roadmap, community building, entity structuring, and fundraising. peaq will also share its expertise in building and running a DePIN, covering aspects from architecture to core business model and incentive mechanisms.
Álvaro Gracia, Partner — DePIN, Borderless Capital, said: “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.”
The start-ups will have direct access to and support from a network of leading industry mentors and investors regarding their future fundraising efforts, with teams taking part in a Demo Day at the end of the program.
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