AYDO

What is this network?

AYDO amps up the flexibility of DePIN protocols with seamless third-party device integration, bring-your-own-device style.

AYDO serves as a transformative bridge between IoT devices and blockchain technology, particularly targeting the integration challenges faced by the DePIN ecosystem. By providing a comprehensive solution, AYDO significantly reduces the reliance on specialized hardware, thereby mitigating the associated costs and accessibility hurdles for users interested in participating in DePIN projects. Through our platform (App), users can seamlessly stream their data to various DePIN applications without the need for additional investments in hardware tailored to each project, thus democratizing access to these ecosystems.

How can I mine tokens?

AYDO creates value for multiple Dapps, increasing the potential number of users andthe amount of data available. For users, the value represents the opportunity to realize the potential of unused data in the form of rewards in the AYDO token and native protocol tokens.

Users who want to connect more sensors to IOT devices and provide more data to third-party protocols should stake AYDO tokens, for which they will later receive rewards. Some of the tokens will be burned, which will also accrue value to the AYDO token.

How can I optimize my mining rewards?

Optimizing your mining rewards involves scaling the number of connected IoT devices, as well as diversifying your data into different protocols that need your data.

How can I use the network?

There are only 3 steps:

1. Users who possess AYDO tokens can stake them to gain access to a greater number of connected IoT devices and, consequently, greater rewards.

2. The collected data from the sensors is sent to the consumers of that data - third-party Daaps protocols that aggregate that data and use it for its intended purpose.

3. For the value provided, third-party Dapps protocols reward users with their nativetokens, which are subsequently primarily aggregated on AYDO smart contracts depending on the blockchain on which the transaction occurs.

Who governs this network?

At present, the management of the AYDO network is overseen by our team, with a primary emphasis on ensuring efficient operations and strategic advancement. Nevertheless, we aim to devising a DAO specifically tailored for token holders. This DAO will allow token holders to submit proposals and vote on key platform decisions, giving our community a direct voice in shaping the future of AYDO.

Funding

Aydo is the recipient of a grant from Peaq Network. Also we've recently unveiled the initiation of our Private Round, thus far our investors are:

• Outlier Ventures
• Borderless Capital
• Undefined Capital