Confirmed
4
/5

Ping Network Airdrop

Review release date: 6/11/2025

Ping Network is a decentralized bandwidth marketplace built on Solana. It connects users who share internet bandwidth via the Ping app or nodes with businesses that need low-cost, global access for VPNs, scraping, and content delivery. Contributors earn Ping Points, which convert into $PING. It’s one of the newer takes on DePIN: tokenizing internet pipes instead of compute or storage, with scaling incentives built in.

blockchain iconblockchain
Solana
Category iconCategory
DePIN
Airdrop Date iconAirdrop Date
-
Market cap iconMarket cap
-
KYC iconKYC
No
Project age iconProject age
> 2 years

Airdrop farming steps

Step-by-Step Guide to Farming Ping Network Airdrop

1

Install Ping VPN: Go to https://pingnetwork.io/ and download the Ping Network app for iOS, Android, or add the Chrome extension. Sign in with your email or Google account.

2

Enter Invitation Code: Use the referral code [S0FZQ6] during signup to receive a permanent 10% boost.

3

Activate the VPN Connection: Launch and connect the VPN through the app or extension. 

You’ll start earning 1 Ping Point every 10 minutes of active connection in real time.

4

Unlock Boosts Through Tasks: Open the app’s “Boost” section. Complete tasks to get points multipliers (Note: some boosts last for a limited time while others are permanent).

5

Referral Rewards: As a referrer, you receive 15% of your invitees’ earned Points (after their boosts).

6

Stay Updated for New Seasons & Tasks: Follow announcements via X/Twitter (@PingNetwork_io), Discord, or the app. 

Upcoming unlocks include Discord/nft boosts, lifetime boosts, and new tasks.

Project Review

Problem Solved

Ping Network is a decentralized bandwidth protocol that lets users share their internet connection and earn rewards. It works through a lightweight VPN app or node setup that routes encrypted traffic from paying clients—like scrapers, VPN providers, or content platforms—through residential and server IPs. The network runs on a custom validator layer built on Solana, with smart contracts verifying node uptime and traffic relays. Contributors earn Ping Points now, $PING tokens later. It’s permissionless, globally distributed, and optimized for scale.

Tokenomics

No token yet, but $PING is confirmed. Users farm “Ping Points” now by keeping the Ping VPN app active (1 point per 10min). These points will convert to $PING at TGE. Referrals earn bonus % of invitees’ points. Future utility: network fees, validator staking, and contributor rewards. Tokenomics aren’t published, but based on partner mentions and docs, expect emissions tied to usage and validator performance. Value capture will depend on real bandwidth demand.

Perspectives

Ping fits squarely into the DePIN trend—real-world infrastructure tokenized onchain. It’s Solana-native but operates its own validator L2 and uses Jito restaking for security. The two-hop relay model improves privacy and decentralization vs. proxy competitors. If they land real paying clients, $PING could become core infra for AI agents, scrapers, and VPNs. But only if they cross the chasm from farming hype to actual usage.

Ed PatrikeevCo-Founder & CMO
Nazar FazylovCo-Founder
Andrey F.Co-Founder & CTO

Ping Network was co-founded by Nazar Fazylov, Ed Patrikeev and Andrey F. The project is built by an agile team and has over 200,000 contributors across 190 countries. There are no big-name crypto alumni working on Ping, but the team has shown fast execution: shipped VPN across platforms, built a Solana L2 validator layer, integrated with Jito’s restaking model. No influencer fluff—this is a dev-heavy team building DePIN infrastructure with speed.

Funding

Pre-Seed
Undisclosed
DECEMBER 2024

Lead Investors: Native Crypto

Ping Network raised funding through an early pre-seed round backed by Native Crypto, Cogitent Ventures, and over 280 angels via the private investment platform Echo. No token sale has occurred yet. Early signs show lean operations, with no VC hypewave.

The project's revenue model focuses primarily on business bandwidth usage. If demand comes through, a portion of the revenue would be used to back rewards. If not, farming might become unsustainable.

Ping Network, Pre-Seed
Undisclosed, December 2024
native crypto logo

Community

Ping Network blew up in May 2025 with over 200k downloads across iOS/Android/Chrome. The project has around 17K Discord members and over 60K followers on X. Farming is driving growth—most users are here for the Points and future airdrop. That said, VPN is free and usable, and some organic users stick around. Vibe is like early Helium: DIY nodes, referral hustling, early-bird alpha chasing. Next testnet phase (Season 2) may shift toward power users and validators.

Competitors

Ping is part of a growing wave of DePIN projects that tap into idle user resources—bandwidth (Grass, Ping), compute (Golem, 375AI), mapping (Hivemapper), or storage (Filecoin). Most follow a similar pattern: users run an app, extension, or device in the background and earn points or tokens. This model is obviously enticing for common users. But the real test isn’t user growth—it’s whether businesses are willing to pay for decentralized infra. So far, only a few networks (Helium, Glow) have shown real revenue traction. Most DePIN projects still rely on speculation, not demand. For Ping to succeed, it needs to cross that gap: from crowd-sourced VPNs to actually servicing paying clients at scale. Until then, it’s promising—but unproven.

Strengths:
Early Traction: Over 200K downloads suggest strong initial interest and user onboarding.
Low Entry Barrier: Participation is simple—just run a VPN app or browser extension to start earning.
Limited Competition: Few projects are tackling decentralized bandwidth at this level of execution.
Risks:
Unclear Tokenomics: No public emission schedule or token allocation details yet. 
Unproven Demand: It’s still unclear whether enough real businesses will pay to use the network.
Post-Airdrop Dropoff: Heavy reliance on point-farming users could lead to mass exit after TGE.

Conclusion

Ping Network checks the right boxes for an early-stage DePIN project: real user traction, fast execution, and credible infrastructure on Solana. Its bandwidth-sharing model is simple to join and has resonated with airdrop farmers. But the long-term value of $PING hinges on converting that user momentum into real demand from paying clients. If the team can cross that bridge, Ping could emerge as a key player in decentralized infra. Until then, it remains one of the more credible but still speculative bets in the sector.

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