ECHONET

Echonet: A DePIN that rewards providers of validated, real-world sound data with on-chain crypto.

ECHONET

Created At

ETHGlobal New Delhi

Project Description

Echonet is a Decentralized Physical Infrastructure Network (DePIN) designed to transform real-world sound data into a verifiable and economically productive digital asset. Our platform provides the tools for anyone to contribute to a global data repository and earn rewards, building a self-sustaining data economy from the ground up.

Here's how it works:

Registration: A sensor owner registers their device on the Polygon network by staking our native token.

Data Collection & Storage: The sensor captures audio data (e.g., environmental noise levels, biodiversity sounds), which is then stored on IPFS.

AI-Powered Validation: Before being accepted, a multi-agent system (powered by Fetch.ai) validates the raw data. Readings are checked against physics-informed rules and cross-referenced with peers to achieve consensus, ensuring only trustworthy and accurate data proceeds.

On-Chain Verification: The immutable IPFS Content ID (CID) of the now-validated data is submitted to our smart contract, creating a permanent, verifiable record of its existence and origin.

Rewards: Upon successful submission, the sensor owner is automatically rewarded with newly minted EchoNet tokens, creating a direct economic incentive for contributing high-quality, validated data.

How it's Made

It's made using the following components :

Artificial Superintelligence Alliance:-

We’ve built a multi-agent system to validate and notarize noise sensor data. Edge devices collect raw decibel readings, checked by physics-informed rules and peer consensus. Validated readings are posted to a public, human-readable knowledge graph. A notary agent creates an immutable, auditable trail of these facts. A RAG-powered chat agent allows anyone to query trends in natural language. Staking and slashing mechanisms reward honesty and penalize false data. Local, grid-based consensus reduces latency and energy usage. We turn raw sensor signals into verified, actionable insights for machines and humans.

FileCoin IPFS:-

Filecoin Warm Storage serves as the organized memory for EchoNet. Validated readings are batched and encoded to be uploaded efficiently in a single lane. Each batch returns a PieceCID, which becomes a permanent anchor on Polygon.

Polygon:-

ECHONET’s Polygon layer is a system where sensor owners stake ECHO tokens to participate. It creates direct incentives by rewarding valid data submissions with more tokens while automatically slashing the stakes of those who provide faulty data, ensuring the entire network remains trustworthy.

This gives the ECHO token real-world utility, as its value is directly tied to the essential functions of data submission, rewards, and serves as a medium of exchange in the marketplace where data consumers can buy the verified sensor data.

The Graph :-

Knowledge Graph Framework - We use Hypergraph to define and link various entities within our network. This isn't just a directory; it's a living map of our physical infrastructure.

GRC-20 Standard - Our data is structured using a custom GRC-20 schema that defines relationships between key entities like Sensors, Locations, DataReadings, and DeviceOwners. This allows anyone to query complex questions like, "Which sensors are active in a specific geographical area?" or "Who are the top data contributors for noise pollution data?"

SubGraph - using subgraph to query Cid from polygon contract then retrieve data corresponig to that Cid from IPFS.

Fluence :-

We've implemented a robust CI/CD pipeline that orchestrates a five-container architecture for automated, one-click deployments onto the Fluence network. This Infrastructure-as-Code (IaC) approach, defined in a single Docker Compose file, ensures our entire backend is consistently and reliably managed.

UniSwap v4 :-

UniSwap v4 pool will give ECHO Token a real money value. We deployed a USDC/ECHO pool that will provide the ECHO token a real world value. We’ve built a system that rewards top contributors with lower Uniswap swap fees, directly linking real-world sensor activity to on-chain trading behavior. Each user’s contribution score determines if they get a discounted fee before executing a trade. High scorers pay a premium-low fee, while others pay the standard rate. The logic runs in a lightweight hook contract, keeping integration simple and private.

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