In a recent post on X, the official Solana account introduced Sam, the co-founder of Onocoy, showcasing their groundbreaking work in decentralized physical infrastructure networks, or DePIN for short. DePIN refers to blockchain-based systems that incentivize people to build and maintain real-world infrastructure, like networks for data sharing or hardware deployment. This tweet highlights how Onocoy is using Solana to create a global, high-precision GPS network that's affordable and accessible to everyone. If you're into blockchain tech or looking to dive into emerging tokens on Solana, this is worth paying attention to. Check out the original tweet for the full video.

What's Onocoy All About?

Onocoy is building a community-driven network that enhances GPS accuracy down to the centimeter level. Traditional GPS can be off by meters, but high-precision versions—used in things like autonomous drones, self-driving cars, and precision farming—require expensive setups. Onocoy changes that by decentralizing the process. They collect data from thousands of reference stations worldwide, standardize it, and deliver reliable corrections via blockchain.

From the video shared in the tweet, Sam explains that Onocoy already has over 5,600 stations live, with rapid growth in Africa and Southeast Asia. They estimate around 30,000 existing stations from institutions, companies, and individuals could connect easily. To cover the entire world, they'd need about 55,000 to 65,000 more. That's ambitious, but blockchain makes it feasible by rewarding participants.

Sam was speaking from the DePIN Summit in Zanzibar, where Onocoy is educating folks and partnering with other projects. They've got stations popping up quickly—25 in Uganda and 27 in Kenya just recently. This isn't just tech talk; it's about real-world impact, like enabling better navigation in underserved regions.

Why Solana? Speed, Fees, and Community

One of the coolest parts of the video is Sam's shoutout to Solana. He calls it the "number one layer 1" for their project because of its blazing-fast speeds and super-low transaction fees. In DePIN, where you might have billions of micro-transactions for data usage, that matters a lot. Plus, Solana's ecosystem is buzzing with events like APEX and APAC, which help build communities and super teams to drive projects forward.

Onocoy fits perfectly into Solana's DePIN narrative. Solana has positioned itself as the home for DePIN, powering apps that blend crypto with physical world utilities. If you're familiar with Solana's meme token scene—like the wild rides of various animal-themed coins—this shows the chain's versatility beyond just memes. It's supporting serious infrastructure too.

The ONO Token: Incentives for a Decentralized World

At the heart of Onocoy is the ONO token, native to the Solana blockchain. It's designed to reward "miners" who set up and stream GNSS data from reference stations. As of now, over 1.5 million ONO have been mined, and the token recently went live after a successful presale on PinkSale. Trading at around $0.046 with a market cap of about $18 million, ONO is used for micropayments, rewards, buybacks, and burns to keep the economy healthy.

The project plans a Token Generation Event (TGE) in 2025, followed by central exchange listings in 2026. For now, you can trade ONO on Solana DEXes like those accessible via Phantom wallet. Miners earn tokens by contributing data, clients pay for access, and partners help with hardware. It's a full ecosystem aimed at mass adoption of high-precision positioning.

If you're a blockchain practitioner eyeing DePIN opportunities, ONO could be an interesting play. It's not a pure meme token, but in the Solana world where memes drive liquidity, utility tokens like this often ride the wave. Keep an eye on their website or join their Discord for updates.

Real-World Applications and Future Potential

Imagine drones delivering packages with pinpoint accuracy, autonomous vehicles navigating crowded cities without a hitch, or farmers optimizing crops using precise soil mapping. Onocoy's network enables all that and more. By decentralizing GNSS data, they're lowering barriers in emerging markets, where traditional providers charge a fortune or simply don't cover.

Looking ahead, Onocoy's roadmap includes launching their "onocoy STREAM" product in 2025, expanding miner campaigns in Asia, introducing on-chain governance, AI fraud detection, and even multi-chain support. With $6.5 million secured from investors and coverage in 168 countries already, they're off to a strong start.

This tweet from Solana isn't just hype—it's a nod to how DePIN is evolving on their chain. For meme token enthusiasts, it's a reminder that Solana's ecosystem offers more than quick flips; it's building the infrastructure for tomorrow's internet. If you're building or investing in crypto, projects like Onocoy show why DePIN might be the next big thing.

Stay tuned to Meme Insider for more on Solana's latest, from memes to DePIN breakthroughs. What's your take on ONO—bullish or wait-and-see? Drop your thoughts in the comments!