2026-01-05 02:20:49

Here are some interesting trends in the market today. A major exchange airdropped the DePinSim (ESIM) project, which has attracted quite a bit of attention. This is a decentralized communication infrastructure network established in 2024, focusing on crypto-native eSIM technology, aiming to enable seamless cross-border communication and payments. Sounds quite ambitious.

The project’s goals are quite interesting — to reshape the crypto authentication system through DID based on phone numbers and an integrated wallet to simplify user identity. More importantly, they want to change the way Web3 acquires users by using a task reward system to give users free data and airdrops. This approach is quite attractive to new users. As for application scenarios, Telegram bots and global roaming eSIM services are also in the plans.

Looking at the funding data, this project has already completed $8 million in financing, indicating that the backing capital is optimistic about this sector.

Additionally, there is a recent coin performance worth noting — a wear-off of 1.7u, with a trading volume reaching 33,000. Although the increase isn’t large, participation remains active, and the market is still observing this direction.

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SquidTeacher

· 01-08 00:46

8 million in funding sounds impressive, but can eSIM really break through the圈? Feels like airdrops are still the main trick... --- DID+ wallet simplifies identity? Another old trick, ultimately it depends on whether the ecosystem can really be used --- Telegram bots are here, is this a sign of real confidence or just riding the trend? --- Task rewards for free data... this model has been seen too many times, let's see how long it can last --- Large trading volume with only modest gains, feels like they are just building a pump and dump scheme --- Daring to raise 8 million in 2024? Is the capital really crazy or does this track have real potential? --- Seamless cross-border communication sounds great, but reality is often harsh. First, let's see if they can develop the product --- I always take a wait-and-see attitude towards airdropped projects, I've been burned too many times

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ChainMemeDealer

· 01-07 18:45

8 million in funding sounds good, but this eSIM concept has been tried before; implementation is the key to success.

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RooftopReserver

· 01-07 18:43

8 million in funding and you dare to talk about the prospects of the industry? I've seen this eSIM concept too many times, and every time they say it will revolutionize communication. But what happens in the end? I think the task reward system is just a rebranded way of scamming, where new users come in to claim airdrops, complete tasks, and then there's nothing afterward. I'm actually interested in the Telegram bot, but I'll wait until it officially launches. No matter how good the hype is now, it's just a PPT.

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YieldHunter

· 01-05 18:39

ngl, technically speaking if you look at the data... 8m raise for a 2024 startup doing depin comms? that's actually kinda sus. the "task rewards for free airdrops" playbook is literally how every ponzi normalizes itself lmao. sustain what returns tho? where's the revenue model

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GasFeeCryBaby

· 01-05 02:50

8 million in funding sounds impressive, but how many of these actually get implemented? DePinSim's approach with eSIM + DID is pretty good, but I'm worried it's just another PPT project. Airdrops and free data are tempting, and the leeks are probably eager to jump in. I'll just watch. That 1.7u coin is also not interesting; the trading volume is just this much, and no one is taking the other side.

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YieldWhisperer

· 01-05 02:50

ngl the tokenomics math on this one doesn't actually check out...

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GhostInTheChain