Compute is the most mature, valuable, and competitive category in #DePIN .
In private markets, GPU-focused DePIN projects have received twice as much funding as their storage-focused counterparts, and in liquidity markets, valuations are twice as high as storage networks.
In 2024, the world realizes the huge demand for digital goods from #AI.
With a handful of tech giants vying for control of key AI resources, #DePIN is the only hope for the rest of the world to gain a leg up in this race.
#DePIN sensors are cheaper, more diverse, and more powerful than in the past.
Now that the DePIN project has a strategy to reach more than 10,000 active nodes, contract manufacturers are willing to work with the founders to develop custom hardware.
From 2022 to 2024, #DePIN’s share of the cryptocurrency altcoin market capitalization grew 25-fold from 16% to 49% (DePIN excluding #AI grew from 15% to 48%).
Over the next decade, #DePIN will grow 100-1000x as the network wins market share from centralized players that offer slower, less reliable, and less dynamic service.
#DePIN itself is very flexible and can be applied in many fields, either as a system for managing various facilities or as a tool for building collaborative solutions through progressive incentives.
As we head into late 2024 and 2025, some developments to watch for the #DePIN project include:
1. Expansion into #AI
2. Multi-token ecosystem as seen in the Helium network
3. Expanding DePIN into trade finance
After the term #DePIN was coined, other projects that fit the definition were grouped together. Since then, DePIN projects have successfully created #decentralized alternatives to crowdsourced resources.
Depending on the type of data and resources generated on the network, the #DePIN network can serve as either a simple data collection and distribution network or a more advanced use case.
The #DePIN project uses #blockchain technology for two purposes - data management and the allocation of incentives.
Using blockchain technology, they provide a "plug and play" system that supports the interconnection of independent infrastructures and allows them to communicate.
Although there are many mature solutions for cross-chain transactions, for the #DePIN project, achieving data interoperability between multiple chains will maximize the value of data.
The large number of devices deployed by #DePIN can obtain a large amount of raw data at a very low cost, and its decentralized distribution characteristics make the data more valuable and unique.
#Token economics, as the economic foundation of the data value network, is the key to whether the #DePIN project can run smoothly. The two mainstream ones are BME (burn and mint equilibrium) and SFA (stake for access).
#DePINs business model contains an important feature: hardware revenue is used as the first growth curve, and the monetization of data services is superimposed on this basis to form the second growth curve.
#上海区块链周@WXblockchain
感谢DePIN赛道 #tlay 支持
🎉thanks for the supporting , @tlay_io
🎉TLay: Building a digital trust layer for DePIN infrastructure to enable large-scale collaboration and a public asset network for Real-World Assets (RWA).👍
📎Event link : https://t.co/HHfugsRQSG
@CryptoPocket415
The increasing maturity of #DePIN will inevitably require long-term investment and operational development from the market, institutions and developers before it can gradually penetrate into people’s lives and applications.