Top Crypto DePIN Passive Income Project Profile: WeatherXM
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Where to Start? The recent announcement of a Mainnet launch, the closure of a $7.7M Fundraising Round, a WeatherXM Hackathon, or the mission of the project itself!? Let me instead begin by saying, there is no better time to be researching or buying a WeatherXM miner than now!
Over the next few minutes I will be breaking down the company behind WeatherXM, the project itself and the associated passive income potential to help you determine if you want to mine WeatherXM yourself! For those that already want to start mining $WXM for passive income with WeatherXM, here is a custom DePIN Beta Tester WeatherXM Sign-up Link + WeatherXM Discount Code — DEPIN!
Executive Summary
- Project Summary: WeatherXM is a community powered weather network, that rewards weather station owners and provides accurate weather services to individuals, businesses and research organizations.
- WeatherXM Mission: Our mission is to collect high quality, hyperlocal weather data for every corner of the world and make them universally accessible and useful.
- How to Mine: With one of their official miners
- Type of Miners: Wifi, Helium, 4G-LTE
- Cost to Mine: $380 with my custom WeatherXM Coupon Code — DEPIN to get 5% off
- Ongoing Expenses (electricity etc.): $0 — None!
To put it another way, you can mine at home with no ongoing expenses. Once you have the miner it is truly passive income.
WeatherXM Miner Discount — DEPIN for 5% off
WeatherXM Explorer
Speculative ROI
- Token: $WXM
- Token Name: WeatherXM
- WeatherXM Blockchain: Ethereum (ERC20)
- WeatherXM Token: Arbitrum Mainnet
- WeatherXM Mainnet Launch / Token Generation Event (TGE): May 30th
- WeatherXM Daily Token Earnings: I currently make ~3.20 $WXM + .03 $WXM for Boost Beta Rewards
- WeatherXM Estimated Monthly Earnings: TBD — We are early and before WeatherXM has launched on Mainnet
- Cost to Invest: $400 to $900 via This Exclusive WeatherXM Referral Link
- Why Mine WeatherXM for Passive Income Now: As an early adopter, you will benefit from earning Beta rewards which account for 3 Million Tokens or 3% of all the total supply.
WeatherXM Tokenomics
Company Summary
- Parent Company: WeatherXM
- WeatherXM Hardware Company: ExMachina
- Headquarter Location: Athens, Greece
- WeatherXM CEO: Manolis Nikiforakis
- Number of Employees on LinkedIn: 30
- Number of Followers on LinkedIn: 3K
- Total Number of WeatherXM Stations: 8K
- Largest Crypto Competition: None
WeatherXM Investors
- As of May 22nd WeatherXM closed a $7.7 million USD Series A round led by Lightspeed Faction. Additional participating investors include: Protocol Labs, Borderless Capital, Arca, Alumni Ventures, Placeholder VC, Red Beard Ventures, Metaplanet, GS Futures, Consensys Mesh, Westerly Ventures, dlab, Eleftherios Diakomichalis and Juan Benet.
Social Media Stats
- Discord Group
- Number of Discord Members: 10.4K
- Twitter / X Page
- Number of Followers on Twitter: 9,400
- Youtube Channel
- Number of Youtube Subscribers: 1.8K
- WeatherXM Blog
My Experience with WeatherXM
- Deploying the Miner: Less than 30 minutes required. Ensuring height is the most tricky aspect. Comment below if you get stuck, happy to help.
- Maintaining the Miner: None required
- Customer Support Rating: High
- Presence and Influence in the DePIN Space: High
My Recommendation on WeatherXM
- Buy / Wait / Sell: Buy
- Confidence in the Project: Medium
- Confidence in the Team: High (very public team which is important)
- Value in the Product / Requirement of the Miner: Very High
- Clarity on Path to Revenue: High
- How to Start Mining for WeatherXM: Buy a miner while they are currently in stock via This Custom Link for DePIN Beta Tester Readers
TL;DR: Within the last week, WeatherXM has announced their mainnet token launch, a hackathon and the closure of a $7.7M series A funding round. That is to say, WeatherXM has been making impressive waves in the DePIN space and is a project I personally will be following and investing in.
For those who also want to get started on their passive income journey with WeatherXM, the most effective way is through the Best WeatherXM Referral Bonus / WeatherXM Referral Link and the Custom WeatherXM Discount Code — DEPIN
Questions, comments or suggestions on the next DePIN project I should spotlight? Let me know!
Happy Mining, the DePIN Beta Tester
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