DePIN (Decentralized Physical Infrastructure Networks) is an innovative model for deploying and managing real-world physical infrastructure and hardware networks through encrypted economic protocols. With the increasing maturity of blockchain technology, DePIN is considered one of the important directions for large-scale application in the next decade, bringing new paradigms for the allocation of various physical resources and data.
In this context, Melos Network has launched MelosBoom, officially entering the DePIN market. MelosBoom, with its innovative technological architecture and market model, not only provides a lightweight and accessible way for ordinary users to participate in DePIN through smart hardware speakers, but also expands the application prospects of DePIN.
MelosBoom: A Web3 Data Network with DePIN at its Core
MelosBoom is a decentralized smart hardware speaker network launched by the Web3 music ecosystem Melos. Its design purpose is to provide not only high-quality audio experience, but also create income for users through data contribution and resource sharing.
MelosBoom hardware speakers not only have the entertainment and functionality of mainstream smart speakers on the market. In the process of daily use, users contribute data by keeping the devices online. This data can be used for AI model training, inference, and bring income to users. At the same time, these smart speakers integrate computing chips and will serve as core nodes in the MelosBoom network, providing support for Melos Network's on-chain verification, packaging, and potential computing needs for other DePIN systems in the ecosystem.
Melos Network itself is a customized DePIN ecosystem (DePIN as a Service), which can build DePIN systems for any project, ecosystem, or even enterprise with DePIN needs, providing distributed support for the allocation of various resources. Melos Network serves as the underlying blockchain, while MelosBoom serves as a node in the distributed ledger network.
Project Background and Strong Investment Support
MelosBoom is supported by the Web3 music ecosystem Melos. Melos is the largest and most well-known Web3 music ecosystem, which not only has 100,000+ music NFTs created by the community on-chain, but also has a trading volume of over 3 million USD for Melos Studio's music NFTs.
Most importantly, Melos is a member of the Binance Labs ecosystem, with investors including Binance Labs, Dapper Labs, Bybit, MEXC, Kucoin, DePIN Institute, etc. This means that MelosBoom not only has the endorsement of the Melos ecosystem, but also the endorsement of the aforementioned investment institutions, which will provide long-term market and resource support for MelosBoom.
In addition, MelosBoom has recently received high attention and recognition in the market, such as being invited to attend the "Incubation Alliance 2024" event hosted by BNB Chain at Token2049 in Singapore, CMO Florian being invited to participate in the Tokyo DePIN + RWA Web3.0 Summit, being invited to attend the Bybit Saigon Summer Up event, and being included in Iotex DePINscan. MelosBoom has significant market popularity and attention.
Why MelosBoom is Suitable for Ordinary Users
MelosBoom further reduces the technical and financial barriers in traditional DePIN projects.
Ordinary users only need to purchase and use MelosBoom smart speakers, connect to the network and keep the devices online to easily participate in the network. Users can not only enjoy high-quality audio entertainment experience, but also earn income through data contribution and supporting network node operations. Unlike traditional blockchain mining methods, MelosBoom has a very low entry barrier, and users can start earning income without professional technical knowledge or complex hardware configurations.
The price of MelosBoom hardware speakers is relatively affordable, with a minimum requirement of only 160 USDT for participation, and long-term income can be enjoyed through a one-time investment. The hardware devices not only meet daily entertainment needs, but also support IoT Internet of Things scenarios. Users can accelerate their earnings by staking mainstream coins and are expected to recoup their investment within 1 to 2 months. This is an attractive solution for users who want to quickly enter the DePIN market and capture early dividends.
More importantly, MelosBoom spans multiple potential areas and has the expectation of bringing substantial long-term income to users.
Market Development Prospects for MelosBoom
The long-term income expectation of users mainly depends on the development potential of the MelosBoom ecosystem, which is backed by three growth areas: the AI market, the smart speaker market, and the DePIN market. Each of these areas is full of opportunities and can provide continuous income for users.
AI Market: The AI market is in a period of rapid development and is expected to experience exponential growth in the next decade. According to Next Move Strategy Consulting, the market value of AI will grow from nearly 100 billion USD in 2023 to 20 trillion USD in 2030. Data is the core fuel of the AI industry, which presents great opportunities for the MelosBoom ecosystem and users.
Smart Speaker Market: By the end of 2023, the global smart speaker market is estimated to be around 5.57 billion USD, and it is expected to continue growing in 2024. MelosBoom's hardware devices, combined with the Web3 concept, provide a user experience superior to Amazon and Google, and are expected to quickly capture market share.
DePIN Market: DePIN is becoming an important development direction in the cryptocurrency market, with a market size already reaching billions of dollars. Messari predicts in its research report that the DePIN market will reach 3.5 trillion USD by 2028. DaaS (DePIN as a Service) will be a key driver in this field, highlighting the potential value of MelosBoom.
Summary
With its low barrier to entry, ease of participation, and long-term income potential, MelosBoom is the best choice for ordinary users to enter the DePIN market. Its unique combination of smart hardware and decentralized network not only provides users with the opportunity to participate in the Web3 revolution, but also ensures substantial returns through multiple income mechanisms. With the rapid growth of the AI, smart speaker, and DePIN markets, MelosBoom is undoubtedly becoming an important force driving the growth of these tracks.
For more information, visit the official website: melosboom.ai/; Twitter: x.com/MelosBoom