AirMoney Unveils Degn Device: Marking Its Initial DePIN Hardware Release

Decentralized Physical Infrastructure Network (DePIN) gadget AirMoney The company is set to release the AirMoney Degn Device, a specialized hardware offering for Web3 within the DePIN framework. This device features advanced capabilities that go beyond traditional hardware wallets, providing a secure way for users to dive into Web3 interactions. DePIN framework .

AirMoney's CEO, Kryzstof Gagacki, expressed in a statement, \"The AirMoney device takes cryptocurrency hardware to new heights, moving beyond just storing assets. Just as the Kindle revolutionized reading, AirMoney is crafted specifically for crypto, serving as a gateway into the decentralized marketplace where users can trade, stake, and generate earnings from a powerful, singular device.\"

In contrast to typical wallets, which often serve a purely storage purpose, AirMoney empowers users to operate nodes, earn tokens via Proof-of-Activity (PoA), and engage in trading, staking, and gaming, all on a fully decentralized platform. Each device comes equipped with a Node that users can activate upon setup, allowing them to link to the network and earn tokens through PoA. This signifies a shift from mere storage to dynamic, interactive environments that revolutionize how users manage their crypto activities.

The AirMoney Degn Device has collaborated with leading blockchain networks and decentralized application (dApp) providers, ensuring smooth access to a variety of dApps and services directly from the device. Furthermore, AirMoney’s decentralized application store features several unique dApps, presenting users with an extensive range of crypto tools and products. Among these tools is the access to both spot and perpetual futures trading via the cryptocurrency exchange Bybit, which includes a physical knob for adjusting leverage, as well as the AI-driven data labeling dApp, Workspace, by Synesis One.

One notable aspect of the AirMoney device is the inclusion of physical buttons powered by OLED technology, enabling users to place trades and interact with dApps just by pressing a button. This thoughtful design greatly enhances the practicality of engaging with cryptocurrency, making the experience more tangible and user-friendly while ensuring users maintain complete control over their assets in a secure hardware setting.

Additionally, the AirMoney Degn Device comes with pre-installed native tokens, allowing users to connect with decentralized finance (DeFi) and broaden their cryptocurrency investments. A large portion of the native token allocation will be distributed to users through PoA, providing participants with the opportunity to benefit as the network expands.

Unmatched Security: Fueled By Web3Auth’s MPC Technology

Moreover, AirMoney prioritizes security by utilizing Multi-Party Computation MPC (Multi-Party Computation) technology from Web3Auth, a trusted solution with over 10 million accounts worldwide. Unlike standard wallets that maintain the entire private key on a single device, AirMoney only retains a fraction of the key, creating an additional layer of security.

By employing Shamir Secret Sharing, it breaks the key into several segments stored in different places, eliminating the risk of a single point of failure that could endanger user assets. This sophisticated security architecture ensures that users can engage deeply with the decentralized ecosystem while being safeguarded from potential asset loss.