Web3 is reshaping traditional business models across industries, from wireless networks and supply chains to finance and creative economies. This article examines
2026/06/01
Hivemapper and Helium and Solana-based DePIN projects that Franklin Templeton believes can succeed. Credit: JHVEPhoto/Shutterstock
2026/04/01
As crypto markets stall in early 2026, one depin venture fund is quietly scaling up its war chest to back real-world infrastructure plays in the sector. Escape
2026/01/29
The post 5 DePIN projects turning real-world activity into infrastructure appeared on BitcoinEthereumNews.com. Decentralized Physical Infrastructure Networks (DePIN
Depin Darwinism: Helium Sinks $400K, Render Roars, and Grass Faces Extinction: Why This Crypto Sector Is Entering Survival Mode Crypto’s depin sector, short for decentralized physical infrastructure networks, is showcasing spectacular volatility as the market sorts winners from the hype. Projects like Helium, Render, Grass, and Hivemapper are all fighting for dominance in a fast-evolving landscape where actual utility — not just future promises — will separate the future blue chips from soon-to-be roadkill. Helium, once the darling of wireless decentralization, is burning through $400,000 every single week in “mobile revenue.” That figure isn’t just a rounding error; it means 100% of its mobile onboarding revenue vanishes into HNT emissions. The consequence? Helium effectively sets money on fire to attract what now stands at 500,000 mobile signups. With a market cap of $448 million, this looks less like sustainable business and more like an attention-grab with expensive party favors. The network’s economics right now are all about subsidizing demand without clear conversion to long-term, fee-generating usage. Critics are asking whether Helium is burning cash just to keep numbers climbing, even if those numbers don’t translate into lasting network value. Meanwhile, Render stands apart with a $1.2 billion market cap. It commands serious attention as an AI and graphics compute marketplace. But the big question haunting buyers is the elusive revenue share dynamics. Unlike Helium, Render promises to connect creators with GPU owners at scale, yet almost nobody outside core insiders can explain exactly how much flows back to token holders, let alone the actual percentage split between node operators, token stakers, and the project treasury. For now, Render enjoys more speculation than clear revenue streams. Grass, a bandwidth-sharing project once hyped for building the “data backbone of AI,” is in freefall. Grass is down 90% amid a looming 72% dilution event scheduled for tomorrow. The selloff suggests holders are bailing before another flood of tokens hits the market, crushing any hopes of recovery. Dilution remains a notorious killer in the crypto space, turning small investor stakes into dust overnight and halting all organic price discovery. On a brighter note, Hivemapper, known for its dashcam-powered global mapping, has surged 74% off the back of several enterprise partnership announcements. The project claims these new deals will bring real corporate money and actual adoption. But zoom out, and you see that global coverage only stands at 36%. The problem with such networks is coverage gaps equal lost value. While the price is pumping, there’s still skeptical chatter about whether even aggressive enterprise onboarding can overcome the inertia of incomplete global mapping. Stepping back, depin as a sector faces a reckoning. Most tokens are still just betas for infrastructure where revenue is theoretical and the user base is more promise than reality. Only one project in the ecosystem boasts genuine users actively paying fees that actually create network-wide deflationary effects, a milestone long promised, rarely achieved. That project’s ability to deliver true revenue-generating utility sets it apart from the rest of the field, where nearly every other token still survives on the hope that 2028 will deliver a global killer app, not just more testnets and speculation. In short, depin is entering a Darwinian phase. Cash burn headlines. Massive dilution. Unclear revenue sharing. These are not symptoms of a healthy market but growing pains of an ecosystem finally forced to prove itself. Speculators once rode token airdrops and narrative pumps. Now, only networks that convince actual users to pay actual fees are poised to become tomorrow’s infrastructure giants. Depin Darwinism: Helium Sinks $400K, Render Roars, and Grass Faces Extinction: Why This Crypto… was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story
2025/11/02
The post Bee Maps Raises $32M to Scale Solana‑Powered Decentralized AI Map appeared on BitcoinEthereumNews.com. Bee Maps, powered by Hivemapper, announced a $32 million funding round led by Pantera Capital with participation from LDA Capital, Borderless Capital, and Ajna Capital to scale its decentralized mapping network and advance development of a native artificial intelligence (AI) map. The company said the capital will accelerate device deployments, expand contributor rewards, and enhance […] Source: https://news.bitcoin.com/bee-maps-raises-32m-to-scale-solana%E2%80%91powered-decentralized-ai-map/
2025/10/07
The post Bee Maps Achieves $32M Funding Round for Global Expansion appeared on BitcoinEthereumNews.com. Key Points: Bee Maps, built on Hivemapper’s network, secured $32M for global mapping expansion. The influx of capital enables scaling and access to decentralized mapping data. Strong institutional support with demand noted across mobility and AI sectors. The decentralized mapping project Bee Maps has raised $32 million in funding led by Pantera Capital, LDA Capital, Borderless Capital, and Ajna Capital on the Hivemapper network. This investment highlights the growing interest in decentralized geospatial infrastructure, potentially transforming global mapping through AI-driven contributions and incentivized by the HONEY token on Solana. Historical Funding Trends and Token Performance Did you know? The current investment into Bee Maps follows the trend of increasing institutional interest in decentralized infrastructure projects, akin to past large-scale funding seen in similar protocols like Helium Network and DIMO. As per CoinMarketCap, HONEY, the native token of Hivemapper, is currently valued at $0.02. It exhibits a market cap of $78.28 million and a fully diluted market cap of $158.32 million. In the past 24 hours, HONEY’s trading volume surged 78.74% to $2.20 million, reflecting a 5.96% price increase. Despite the recent gain, it sees a 20.16% decline over 60 days. Insights from the Coincu research team underscore potential growth due to institutional backing and industry demand, suggesting promising technological advancements. However, regulatory impacts remain uncertain, necessitating attention to evolving legal landscapes. Market Insights and Future Outlook Did you know? Insert a historical or comparative fact related to this topic. As per CoinMarketCap, HONEY, the native token of Hivemapper, is currently valued at $0.02. It exhibits a market cap of $78.28 million and a fully diluted market cap of $158.32 million. Hivemapper(HONEY), daily chart, screenshot on CoinMarketCap at 05:54 UTC on October 7, 2025. Source: CoinMarketCap Pantera Capital Portfolio Manager, Cosmo Jiang, emphasized the pivotal role of this investment in scaling…
PANews reported on October 7 that DePIN infrastructure service provider Bee Maps (formerly Hivemapper, Inc., now using a new brand name) received US$32 million in financing. The specific financing round was not announced. Pantera Capital, LDA Capital, Borderless Capital and Ajna Capital participated in the investment. It is reported that Bee Maps has launched a new "Bee Membership" based on a subscription model to lower the participation threshold for contributors.
The post Bee Maps Raises $32M to Scale Solana-Powered Decentralized Mapping Network appeared on BitcoinEthereumNews.com. Bee Maps, the decentralized mapping project powered by Hivemapper, has raised $32 million in fresh funding to expand its global contributor network and scale its infrastructure, it announced Monday. The round was led by Pantera Capital, LDA Capital, Borderless Capital and Ajna Capital, marking one of the largest financings in the decentralized physical infrastructure (DePin) sector this year. Bee Maps is an application on the Hivemapper network, which is one of the largest decentralized physical infrastructure networks (DePIN) focused on mapping data on Solana. Hivemapper enables drivers to contribute data through AI-enabled dash cams, which detect real-time changes on roads (like new signs on the roads, detours, or construction zones), ensuring digital maps can update quickly to stay accurate. Bee Maps leverages this infrastructure by rewarding contributors with its native token, $HONEY, for collecting street-level imagery. The raise highlights strong investor appetite for Bee Maps’ vision of real-time, AI-powered maps. In recent months, Bee Maps has teamed up with major players including Lyft and Volkswagen’s robotaxi program to bring its mapping-data to their platforms. The fresh capital will be used to distribute more devices, enhance AI models that process and update map features and boost contributor incentives tied to $HONEY. “With this funding, we are accelerating global device deployments, expanding coverage, and strengthening our AI pipeline. Demand is not the problem — supply is,” said Ariel Seidman, the co-founder of Hivemapper, in a press release shared with CoinDesk. Bee Maps is also rolling out a Bee Membership plan, slashing upfront costs from nearly $600 to just $19 a month. The subscription bundles hardware, software, and contributor benefits into one package, lowering the barrier for new participants to join the network. Read more: Volkswagen ADMT Taps Solana-Based Hivemapper Bee Maps for Driverless Data Source: https://www.coindesk.com/tech/2025/10/06/bee-maps-raises-usd32m-to-scale-solana-powered-decentralized-mapping-network
The post Hivemapper raises $32M, launches new subscription for Bee dashcams appeared on BitcoinEthereumNews.com. This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Bee Maps has raised $32 million to scale its DePIN mapping network, with Pantera Capital, LDA Capital, Borderless Capital and Ajna Capital participating in the round. Hivemapper, Inc. now operates under the brand name Bee Maps. Alongside the raise, Bee Maps is introducing a new subscription-based “Bee Membership” to improve accessibility for contributors. Instead of paying $589 upfront for the Bee LTE device, drivers in the US can now get hardware, LTE connectivity and Beekeeper fleet software bundled for $19 per month on a 24-month term. Hivemapper CEO Ariel Seidman frames the network’s challenge as one of supply rather than demand. The funding is earmarked to quickly expand coverage and scale contributor rewards so Bee Maps can meet a backlog of enterprise needs across navigation, automotive and city planning. The company’s go-to-market momentum has grown through a string of notable customers in the past year. Bee Maps announced in May that ride-hailing company Lyft was sourcing real-time, crowdsourced street-level data to improve routing and support its autonomous strategy, while Volkswagen’s autonomous vehicle unit was revealed in July to be leveraging Bee Maps for robotaxi mapping data. Bee Maps’ site also highlights media and mapping companies like NBCUniversal, Mapbox and HERE (formerly Nokia HERE) among users of its technology. CEO Ariel Seidman tells me: “These aren’t small pilots; some of these are six and seven-figure deals,” noting that interest from those companies is driven by Bee’s ability to deliver data they can’t obtain elsewhere. Companies “want broader coverage, especially in smaller markets like Des Moines. Dropping the Bee price from a $500 upfront cost to $19 a month changes who can participate. It turns this from a niche device into something anyone can deploy anywhere.” Built on the…