Intelligent Computing
Hyperas Chain is a blockchain AI Layer3 that utilizes the Salala dApp for AI training models. The Salala dApp has 1.3 million edge devices in its network and trained 3.19 million AI jobs. Salala users are rewarded with HYRA tokens, the official Hyperas Chain token. The project has partnered with Qualcomm, an established AI and IoT company. The HYRA token is still in presale. However, Salala users can earn HYRA before exchange listings.
According to the team, the token is expected to launch at $0.01 and is currently trading at $0.006 in the current presale phase. I first published an article on Hyperas Chain and the Salala dApp on the 7th of November. I had been running the application on a few devices for three days and earned almost 10K HYRA until today. Considering that I commenced use of the dApp on the 4th of November, I will have earned more than 10K HYRA over the past month.
It’s important to note that my earnings are constantly growing due to climbing the ranks as my earnings increase. I am currently on Level 6 which unlocks a 60% earning bonus. When I cross 10K I will be on Level 7 which will unlock a 70% bonus. Level 8 will however only be unlocked at 20K HYRA. It’s a typical “difficulty” adjustment often seen in Crypto and blockchain models. Due to this dynamic, I expect this month’s HYRA earnings to be near 16K to 17K.
DePIN Passive Income
This is another DePIN passive income opportunity similar to Grass that is rather speculative until the token is officially launched. DePIN opportunities and airdrops are speculative. However, many of them turn out to be profitable ventures. Considering monthly HYRA earnings of 10K at the expected listing price it would amount to $100 per month in passive income. At the current presale price, it would amount to $60.
My projected earnings for the current month amount to approximately $160 or $100 if I use the presale price. Either way, it’s a great passive income stream. As mentioned in the first article, multiple devices can be added to your network. I am running Salala on 5 devices with a comprehensive network of 10 devices. Salala users can only earn HYRA at this stage.
The HYRA Wallet is in development and I expect its release to coincide with the token launch. At this point, I would expect users to be able to withdraw their HYRA tokens to a non-custodial or exchange wallet. Hyperas Chain’s partnership with Qualcomm is a positive sign. However, the future of this project is unknown. I maximize as many DePIN opportunities as possible and let the rest unfold in time.
The great thing about DePIN is that you do not need to part with any capital. This mitigates risk. My previous article on Hyperas Chain and the Salala dAPP reveals how to set up passive AI training on the application. Interested parties can use the following link and code: 3a5401d6fb39 to download the official Salala application.
Final Thoughts
DePIN mining offers one of the most lucrative opportunities in Crypto today. Those who mine and accumulate copious amounts of tokens across multiple DePINs will be rewarded in the coming years, of which I am certain. However, not every project goes according to plan. This is why it’s important to gain as much exposure as possible. All the best, happy mining and I will see you next time!
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.
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