TL;DR
- Idea: Depinsim transforms mobile connectivity into a decentralized programmable asset by combining eSIM technology with blockchain-based incentives.
- Catalyst: Multi-exchange listing on Binance Alpha, KuCoin, MEXC, Bitget, and SuperEx on January 5 2026, powering a live DePIN network with 2.23 million devices and $3.7 million BNB liquidity pool.
- Risks: High airdrop-driven sell pressure, limited public team disclosure, regulatory uncertainty in telecom sector, dependency on BNB Chain.
- Score: 7.00/ 10
Coin
- Name/ Ticker: Depinsim (ESIM)
- Segment: DePIN
- Status: active
- Price: $0.118600
Key Metrics
- Market Cap: $15 964 293
- FDV: $118 693 627
- Circulating Supply: 134 500 000
- Total Supply: 1 000 000 000
Sources
Technology
- USP: First crypto-native eSIM protocol that tokenizes mobile data into an on-chain asset.
- Core Technology: Free Mobile Internet Protocol (FMIP) with eSIM as a service on BNB Chain, using the X402 microtransaction protocol for real-time pay-per-use billing.
Roadmap
- 2025-03-31: Decentralized protocol v1 launch
- 2025-06-30: Decentralized hardware sales begins
- 2025-09-30: Apply for Tier I mobile service license
- 2025-12-31: Global free roaming network expansion
- 2026-01-05: ESIM token listing on major exchanges
Team & Investors
Investors
- Outlier Ventures — Strategic Round • 2025-10-26
- Bitrise Capital — Strategic Round • 2025-10-26
- Becker Ventures — Strategic Round • 2025-10-26
- Mask Network — Strategic Round • 2025-10-26
- Silverline Labs — Strategic Round • 2025-10-26
- MYIE VC — Strategic Round • 2025-10-26
- DWF Labs — Strategic Round • 2025-10-26
Total funding: $8.00M
Tokenomics
- Utility: Used for user rewards, data transaction fees, eSIM data purchases, and ecosystem governance.
- Vesting: Team & advisors tokens vest over 24 months with a 6-month cliff.
Pros & Cons
Strengths
- Real-world utility via mobile data tokenization
- Live DePIN network with 2.23 M connected devices
- Backed by an $8 M strategic round led by respected VCs
- Multi-exchange debut ensuring liquidity
- Built on established BNB Chain with FMIP protocol
- Programmable pay-per-use billing with X402
- Borderless eSIM roaming without SIM swaps
- Decentralized identity via eSIM DID
- Strong community growth and engagement
Weaknesses
- Potential sell pressure from airdrop unlocks
- Opaque token distribution details
- Limited public disclosure of core team
- Regulatory risks for telecom infrastructure
- Dependence on BNB Chain network health
- Network adoption outside early adopters
- Competition from traditional carriers and other DePINs
- Uncertain inflation schedule
Price Scenarios (target: 2026-07-06)
- Bear: $0.050000 — Assumes a 60% downturn from current price amid market stress
- Base: $0.120000 — Assumes price holds near current levels with steady adoption
- Bull: $0.250000 — Assumes successful rollout and 2x growth driven by network expansion
How to Buy & Store
CEX
- Binance Alpha
- KuCoin
- MEXC
- Bitget
- LBank
- Pancakeswap Infinity CLMM (BSC)
DEX
- Pancakeswap Infinity CLMM (BSC)
- PancakeSwap V2
- 1inch
- Paraswap
- OpenOcean
- Balancer
Storage
- MetaMask
- TrustWallet
- Ledger Nano S
- Trezor
- Binance Wallet
Verdict
Depinsim addresses a clear real-world use case by decentralizing mobile data connectivity and has demonstrated strong initial funding and adoption. However, tokenomics details remain opaque and there is significant airdrop-related sell risk. Overall, the project warrants close monitoring as adoption scales.
Official Links
Source: Coin Research (internal)
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