Decentralized Bodily Infrastructure (DePIN) mission MapMetrics will go away the Solana ecosystem and migrate to peaq, a layer-1 resolution designed particularly for DePIN and Machine real-world property (RWAs).
MapMetrics is a drive-to-earn mission that rewards customers with tokens and NFTs for offering nameless dwell site visitors and map knowledge. Just like DePIN mission Hivemapper, the workforce hopes to create a decentralized international map utilizing Web3 know-how.
Learn extra: ‘Drive-to-earn’ app goals to bootstrap ‘dynamic maps’ with crypto rewards
Brent van der Heiden, co-founder at MapMetrics, advised Blockworks that the choice was made as peaq supplied a wide range of modular DePin performance.
“Peaq ID, a decentralized multi-chain machine id, allows the community to prioritize actual machines in instances of excessive load,” Heiden mentioned. “The Modular Capabilities, such because the DePIN knowledge verification framework, may even assist us additional broaden our DePIN’s personal options.”
Moreover, Heiden notes there are a handful of potential synergies within the wider peaq ecosystem, together with with different DePINs and its enterprise companions, which can allow the workforce to safe new partnerships to construct out demand for the mission.
“Peaq’s neighborhood consists of hundreds of DePIN fans, which is able to assist us develop, and the Machine Composability that comes with utilizing the identical id commonplace throughout the ecosystem will assist us faucet into the pool of gadgets already on peaq,” Heiden mentioned.
The transition course of will likely be accomplished over a number of phases, starting with good contract deployments on peaq, adopted by shifting core enterprise logic over to the layer-1. Afterwards, native token minting may even be accessible on peaq, and a bridging choice will likely be accessible to present holders.
Regardless of MapMertic’s resolution to go away the Solana ecosystem, the blockchain stays a well-liked dwelling for a lot of DePIN tasks in the present day.
Learn extra: DePin tasks have gained momentum on Solana blockchain
Natix, one other DePIN mapping mission, revealed in the present day that it will likely be launching its native token on the Solana blockchain, whereas persevering with to collaborate with the peaq community.