Open main menu
Home
Random
Donate
Recent changes
Special pages
Community portal
Preferences
About Stockhub
Disclaimers
Search
User menu
Talk
Contributions
Create account
Log in
Editing
Solana
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
=== <u>Use Cases</u> === ==== '''1. Teleport — Uber of Web3''' ==== Uber disrupted the taxi industry, democratising transportation and enabling ordinary folks like you and I to make an earning driving passengers in our own vehicles.No expensive taxi licences needed.Web3 is primed to supercharge this trend by decentralising Uber’s business model that will allow drivers to share in much more of the spoils.Vitalik Buterin talked up the potential of decentralised ride-sharing more than five years ago, but it has taken awhile for a project with the right model to really take off. Uber commands an estimated 72% of the US ride-sharing market, connecting drivers to riders and takes a significant cut of the fee. Teleport removes this intermediary, connecting drivers and passengers through a decentralised marketplace of ride-sharing apps that’s primed to foster innovation while better rewarding users. The project recently completed a $9 million seed raise to build out its prototype on Solana. ==== 2. '''Hivemapper — Google Maps of Web3''' ==== In 2006, Google began hiring casual drivers to map out the now-ubiquitous Google Street View. You were paid on a contract-basis to drive certain routes in a special Google-owned vehicle retrofitted with a 360 camera on the roof. An interesting gig that certainly got a lot of looks on the street! Say hello to 2022. Hivemapper just launched the world’s first crypto-enabled dashcam that enables anyone to earn rewards for driving their vehicle and contributing imagery.You will be paid HONEY tokens for your trouble, with your earnings based on three factors: coverage, freshness and quality. All in all, Hivemapper is the crowdsourced, decentralised version of Google Maps, that’s built on Solana.Firstly, retrofitting cars with big camera rigs and hiring dedicated contract drivers is expensive. This means maps aren’t updated too frequently.Using the power of crowdsourcing, Hivemapper leverages thousands of vehicles driving around at a fraction of the cost. This results in a lower-cost, up-to-date map that businesses pay for — a share of which is distributed to drivers in the form of HONEY tokens. The global mapping industry is worth $300 billion a year, with tech companies like Google, Apple, MapBox and OpenStreetMap all vying for a slice of the pie. In 2018, Uber paid Google $28 million alone to use the Google Maps API in their app! Now it’s easy for ordinary folks to get in on the action. ==== 3. '''Render — Decentralized GPU Rendering''' ==== The Render Network makes that possible, enabling on-demand rendering by connecting idle GPU resources on my computer to an eager user somewhere else in the world who need to spin up a job in a jiffy. The user will pay me RNDR tokens for rendering their job. This is an incredible use case that fulfils a real and well-established business need. What’s interesting is the pedigree of the team. Render Network was created by Otoy, a software company founded by Jules Urbach, a long-time industry pioneer who founded the Academy-Award winning company LightStage that has been involved in Hollywood productions like Avatar. You are looking at a team of graphics and rendering experts that has been at the forefront of their industry for a number of years before blockchain technology even took off. Urbach simply saw an opportunity to democratise his expertise and rendering technology for the masses when smart contracts platforms became sufficiently mature. Rendering jobs on the network are performed by Otoy’s OctaneRender engine, which is, according to the team, the world’s first and fastest unbiased, spectrally correct GPU render engine, delivering quality and speed unrivalled by any production renderer on the market. Urbach has been talking up the metaverse since 2016, way before it blew up in the wake of Facebook’s rebranding into Meta. The Render Network is a Solana-based project. ==== '''4. Helium — Be Your Own Telco Company''' ==== Helium can be best thought of as a decentralized infrastructure provider. Anyone can buy inexpensive hardware and become their own telco provider, servicing IoT, wifi and cellular 4G/5G coverage in the vicinity of their hotspot to other users and earn crypto for doing so. This is a revolutionary idea because the telecommunications industry has traditionally been incredibly difficult to crack into. Many companies are government-operated and need to invest millions in telco infrastructure and navigate a labyrinth of regulations before being fit to service a country’s wireless communications needs. Helium began in 2018 as a decentralized IoT provider. A window of opportunity opened when the US Federal Communications Commission (FCC) opened up and made available an unlicensed block of spectrum (3.55 GHz to 3.7 GHz) to ordinary folks to use. CEO Amir Haleem jumped on the opportunity to expand their scope from IoT into more mainstream wireless communications, like wifi and 4G/5G cellular. In 2022, Helium migrated from their own blockchain onto Solana in order to scale for tomorrow. To participate, users purchase and set up a Helium Miner which will earn a passive income of HNT tokens. Helium is ultimately about people-powered networks. We might just be witnessing the beginning of a new wireless revolution. ==== '''5. STEPN — Gamified Fitness''' ==== Need a kick in the butt to leave your desk and get some regular exercise? How does getting paid for it sound? Enter STEPN, a pioneering web3 lifestyle app that took the world by storm in early 2022, spurring an entire industry of move & earn apps. The premise is simple — buy a pair of NFT sneakers and earn cryptocurrency (GST & GMT tokens) while going on daily walks, jogs or runs. Use these tokens to level up in the game or cash out into stablecoins. The app is currently available on Solana, BNB Chain and Ethereum.
Summary:
Please note that all contributions to Stockhub may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Stockhub:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)