What is Global DePIN Chain (DEEPSEEK)?

Deep Dive

1. Purpose & value proposition

DEEPSEEK positions itself as an AI-focused DePIN (Decentralized Physical Infrastructure Network) layer for Chrome users. Its core offering:
- Lets users mint AI Cubes – digital assets that collect and process browsing data locally.
- Transfers data ownership to users, who can sell it to AI developers or keep it private.
- Aims to disrupt the $300B+ data brokerage industry by cutting out middlemen, though adoption depends on attracting buyers to its marketplace.

2. Technology & architecture

While technical specifics are sparse in available data, the framework appears to combine:
- Browser integration – Chrome extension for real-time data collection.
- Onchain settlement – Likely uses blockchain to track data ownership and facilitate payments (token: DEEPSEEK).
- Local AI processing – AI Cubes presumably analyze browsing patterns locally to preserve privacy before optional sharing.

3. Tokenomics & governance

• Supply: 1B total tokens, 790M (79%) circulating – high float could pressure price ($0.00124 as of May 2025).
• Volatility: 60% 24h surge contrasts with -76% 90d drop, signaling speculative trading in thin markets (turnover 1.57).
• Use case: Likely serves as payment currency between data buyers/sellers, but token utility details are unclear.

4. Pros & cons

Strengths:
- First-mover advantage in Chrome-based data monetization.
- Aligns with growing demand for ethical AI training data.

Risks:
- Depends on Chrome’s dominance – any policy changes could disrupt operations.
- No disclosed partnerships with major AI firms to validate demand.
- High supply inflation risk – only 21% of tokens remain to be released.

Conclusion

DEEPSEEK’s premise taps into valid trends (data ownership, AI growth), but its success hinges on building a two-sided marketplace amid entrenched competitors like Ocean Protocol. How might the project demonstrate tangible demand from AI developers to justify its valuation?