peaq Teams up with Outlier Ventures and 1kx for DePIN Base Camp II

Web3 accelerator Outlier Ventures and peaq, the layer-1 blockchain for the Machine Economy, are teaming up with 1kx to launch DePIN Base Camp II, an accelerator program fostering the development of the DePIN space.

Participating teams will receive $200,000 in funding from 1kx to develop their projects. They will also receive mentorship and support from established industry experts such as David Rakusan of RockawayX and Tony Drummond from Tokenomics.net.

This is the second DePIN Base Camp event, and will take place one year after DePIN Base Camp I, which went live in May 2024.

DePIN Base Camp II is a 12-week program that features five different teams from across the globe building various DePIN applications, ranging from weather forecasting to satellite communication. This year’s teams include:

Aira Labs: A company based out of the United Kingdom that is building a decentralized platform to record and share air quality data.

SkyX: SkyX is based out of Singapore, and uses blockchain to record and decentralize weather data sourcing. SkyX contributors will earn rewards based on their contributions to the network and its data.

Beacon Protocol: Beacon is a private data network based out of the United States. Beacon Protocol provides private and high value data sets to large language models (LLMs) and AI agents. The network is designed to not only protect private data ownership, but also reward data creators that provide the data.

Combinder: Combinder is out of Austria, and is a DePIN that uses energy from idle electrical devices to generate revenue in the energy market. Combinder can be used to monetize everyday appliances such as chargers and heating systems.

Decen Space: Decen Space is a German-based company that democratizes satellite communication to make it cheaper and more efficient. Decen Space connects satellite companies to ground station antennas which transmit data for the satellites.

The program will include workshops that delve into business practices such as marketing, engineering and fundraising, as well as crypto-native aspects like tokenomics.

DePIN Base Camp II drew 115 applications, surpassing the number received for the first cohort in 2024.

Base Camp I worked in conjunction with Borderless Capital, and backed a cohort of six DePINs: Aydo, Kaisar, Roam, ROVR, YOM, and Touchbrick.

Outlier and peaq

peaq is a DePIN-focused Layer 1 blockchain powering decentralized infrastructure across more than 20 industries — borderless, permissionless, and built for real-world scale.

Martin El-Khouri, the Head of Ecosystem at peaq, spoke on the importance of the event and said “This program helps builders skip years of trial and error by connecting them with deep expertise in launching real-world decentralized networks. The teams in this cohort are here to ship.”

Outlier Ventures was founded in 2014, with more than 350 global investments under its belt worth $11 billion. The accelerator has invested in and contributed to the growth in projects such as Filecoin, NEAR Protocol, Brave, and Fetch.Ai.

“We’re now seeing DePIN founders shift from theory to deployment – not just building infrastructure, but activating real-world networks. This cohort proves the category is maturing fast,” said Riccardo Pagan, the accelerator lead at Outlier.