DePIN & AI Join Forces
AI and DePIN are both hot narratives this cycle with AI gaining an early start in 2022. Yes, certain projects and sectors can rally even in a bear market. Kaspa is a great example of this dynamic. Kaspa (KAS) experienced its most explosive growth during the heart of the bear market and I am not talking about modest gains either. Kaspa rallied from $0.0003 in 2022 to a local top of $0.21 in August this year.
Many AI projects experienced a similar dynamic in 2022. DePIN, on the other hand, began gaining traction in 2023. I have previously addressed numerous DePIN projects such as Peaq, Grass, and UpRock. Hyperas Chain is a pioneering Layer3 blockchain for AI training. Hyperas harnesses the computational power of billions of edge devices to provide a decentralized AI infrastructure. Being a DePIN project, passive income plays an important role.
Hyperas revolutionizes passive income with its Train2Earn model. This is accomplished via the Salala AI dApp. Here users can generate passive income by simply running the Train2Earn model in the background. It is important to note that this must be initiated by selecting “Auto” in the “Train AI” section of the dApp. Once selected, a new AI model will be completed every 30 seconds.
Users can passively earn approximately 0.025 HYRA every 30 seconds (per device) on autopilot. Another cool feature is that you can connect as many devices as you like. Simply log in with your first account’s details on a new device and it will be accredited to your devices. I run Salala on 4 devices and earn approximately 300 to 400 HYRA daily. The expected listing price of HYRA is $0.01.
This would imply a daily passive income of $3 to $4. The token is currently in private sale at $0.006. Even if we were to use $0.006 as a listing price, the earnings remain incredibly viable. However, you never know what will become of a project, good or bad. A lot of people were doubting Grass and it has proven to be one of the best DePIN launches with great passive earning potential.
After trading at approximately $0.75 on its first day of trade, GRASS is trading at $2.60 at the time of writing. This is in a little over a week, leaving one wondering where it will be trading in a month or two. The moral of the story is:
If it doesn’t cost you anything, what’s there to lose?
As far as altcoin tokenomics go, the HYRA tokenomics look relatively sound. I like the fact that 50% of the supply is reserved for the reward pool. Considering I earn a thousand HYRA on autopilot every 2 to 3 days, I eagerly await the official token launch. Early “miners” are always the most profitable, as earnings are usually reduced over time through various models similar to Bitcoin’s halving protocol.
Hyperas also supports the tokenization of real-world assets, which also promises to be a hot sector both now and in the future. My favorite RWA token will always be Ravencoin due to its inherent purity regarding its unique tokenomics and ethical approach. However, not every project will be on that level, which benefits Ravencoin in the long run.
Final Thoughts
Hyperas offers a great opportunity regarding passive income and Train2Earn models. DePIN is a super hot sector in terms of passive income, which is why I have been so focused on it over the past year. Being able to earn HYRA tokens at this rate, I should source out a few more devices and capitalize on HYRA during the early stages. All the best, hope this one helps! 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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