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Home»Blockchain»AirMoney Unveils Groundbreaking DePIN Hardware AirMoney Degn Device
Blockchain CoinViraBy CoinVira

AirMoney Unveils Groundbreaking DePIN Hardware AirMoney Degn Device

September 13, 2024No Comments3 Mins Read
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During TOKEN2049, AirMoney will unveil the AirMoney Degn Device, a revolutionary web3 hardware solution designed specifically for DePIN. Unlike traditional hardware wallets, this device allows users to interact with web3 protocols through a secure DePIN (Decentralized Physical Infrastructure Network) architecture.

With AirMoney, users can do much more than just store their assets – they can operate nodes, earn tokens through Proof of Activity, engage in trading, staking, and gaming all on a decentralized, standalone device. Each device comes equipped with a Node that users can activate after setup to connect to the network, start operating, and earn tokens through Proof of Activity. This marks a shift from simple storage units to fully interactive ecosystems, empowering users to take control of their cryptocurrency experience in innovative ways.

To provide easy access to decentralized apps and services directly from the device, the AirMoney Degn Device has partnered with various top blockchains and dApp providers. By integrating a range of unique dApps into AirMoney’s decentralized app store, users have access to a wide array of cryptocurrency tools and products. This includes Bybit-powered spot and perpetual futures trading, as well as Synesis One’s AI data labeling dDapp, the Workspace.

One of the standout features of the AirMoney device is its OLED-powered buttons, which allow users to conduct transactions and interact with dApps with a simple touch. This tactile and intuitive interface makes cryptocurrency interactions more tangible and user-friendly, while also ensuring complete custody over assets in a highly secure hardware environment.

AirMoney is committed to democratizing access to cryptocurrency. The AirMoney Degn Device comes pre-loaded with native tokens, serving as a gateway for users to participate in DeFi and grow their cryptocurrency portfolios. Through the use of Proof of Activity (PoA), the majority of AirMoney’s native token supply will be distributed among users to ensure that everyone in the network benefits from its success.

See also  Fuse Plugs Solana Token Into Energy Distribution DePIN Play

Launched on September 18 at TOKEN2049 in Singapore, the AirMoney Degn Device is set to revolutionize how users engage with cryptocurrency. By enabling active participation through node operation, trading, staking, and gaming on a fully decentralized standalone device, users can move beyond passive asset retention.

Top-tier security is a priority for AirMoney, which leverages Web3Auth’s Multi-Party Computation (MPC) technology – a system validated by over 10 million accounts globally. By securely storing a portion of the private key on the device using Shamir Secret Sharing, AirMoney ensures that assets are protected from a single point of failure. This state-of-the-art security architecture allows users to freely engage in the decentralized ecosystem without fear of asset loss.

CEO Kryzstof Gagacki emphasized the device’s evolution beyond passive storage, stating, “The AirMoney device advances crypto hardware beyond the era of passive storage. Just like the Kindle was built for reading, AirMoney is purpose-built for crypto, offering users a gateway to the decentralized economy where they can actively trade, stake, and earn from a single, powerful device.”

The introduction of the AirMoney Degn Device sets a new standard for cryptocurrency hardware, enticing more users to join the network and capitalize on earning opportunities in the crypto space.

AirMoney Degn DePIN Device Groundbreaking hardware Unveils
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