Conclusion
Though WLFI is backed by Trump and high-profile figures from the crypto industry, we are still not sure how the project offerings are going to differ from the existing solutions.
World Liberty Finance can have the initial hype but needs to convince the Cypto community why they must use their stable coins or lending platforms. Without clear differentiation, it is difficult to succeed.
Also, Trump is going to speak in spaces today, revealing more about the project; let's see if he can truly excite the crypto audience with his project.
3 Critical Questions for RWA
Real world assets are a hot narrative, but their growth poses important questions in this cutting-edge field.
Let's explore the top 3 challenges in the realm of RWA. ๐๐งต 1/17
Ever wonder why some things go together? Why do black oxfords go well with navy suits? Why do tweed sport coats sit comfortably next to jeans?
The reason is because clothes used to be governed by time, place, and occasion. ๐งต
#DePIN (Decentralized Physical Infrastructure Networks) is the next step in the blockchain journey.
It's a decentralized infrastructure system that utilizes available physical resources and blockchain technology.
โฅ DePIN is divided into 4 types:
1๏ธโฃSever Network / Cloud Storage
2๏ธโฃDecentralized Wireless (DeWi)
3๏ธโฃSensor network
4๏ธโฃEnergy network
DePIN operates with this structure:
โข Hardware: Physical components connecting the network to the physical world, like hotspots for wireless networks.
โข Hardware Miner: Users connected to their respective networks through purchased or loaned hardware.
โข Token: Rewards individuals contributing to the system.
โข End user: Platform infrastructure user who pays operational fees.
******
๐ADVANTAGE
โณ๏ธBring high efficiency to suppliers
Token incentives work well in various crypto markets like DeFi and GameFi. Notable projects include StepN, Lido Finance, and Curve Finance.
Users who contribute to the project will receive rewards from that protocol thanks to the facilities they provide.
โณ๏ธCreate opportunities to earn income
According to Statisca, the number of Internet users has consistently grown, leading to increased opportunities for contributors to make money from infrastructure demand.
โณ๏ธReduce the cost of using the service
The major providers in Web2 will no longer have a monopoly on technology, which will help lower the cost of services. This allows you to reach a wider audience.
โณ๏ธStrong development speed
DePIN is also scalable and builds at many times faster than Web2-only resources.
According to many sources, the development speed can reach 10-100 times compared to Web2.
๐DEFECT
โผ๏ธTakes time to build and deploy
DePIN apps require a longer time period than typical consumer apps, which makes it difficult to earn an initial income.
โผ๏ธCompetition
One problem that DePIN faces is having to compete with giants in the web2 field such as #Amazon, #Microsoft, and #Google. The dominance of these names creates a major barrier and requires professionalism and constant innovation to compete effectively.
******
๐Potential of DePIN
The infrastructure industry is valued at over $2.2 trillion, projected to reach $3.5 trillion by 2028.
Transition potential to DePIN is significant in the following sectors:
โ Cloud Services: Valued at $427 billion, expected to grow to $1T by 2028 (15.7% CAGR).
โ Telecom: Valued at $1.7T, expected to grow to $2.3T by 2028 (5.4% CAGR).
โ Sensor Analytics: Valued at $13.5B, expected to grow to $30.5B by 2028 (14.5% CAGR).
โ Virtual Power Plant Technology: Valued at $1.2B, expected to grow to $6.5Bn by 2028 (33% CAGR).
โ Smart Grid Data: Valued at $44B, expected to grow to $140B by 2028 (21.9% CAGR).
๐A few Notable DePIN projects:
#Filecoin
#Helium
#Livepeer
#Arweave (AR)
#Hivemapper
#Storj
******
๐คซPersonal Sentiment
DePIN is a field with the potential to revolutionize physical infrastructure through blockchain technology.
It offers opportunities to construct and oversee infrastructure in a fair, efficient, and transparent manner, benefiting all participants.
With the continuous development of blockchain technology and cryptocurrency, DePIN holds immense potential for future growth, enabling it to compete on equal footing with current Web2 market giants.
However, following a trend is not without challenges, and DePIN will likely rely on market catalysts.
11 years ago today, the Sandy Hook tragedy unfolded. The horror of that mass shooting should have brought this country to its senses.
Instead, Republicans have dug in their heels and refused to pass even the simplest common sense gun laws. They're addicted to the gun industry's money and don't care how many innocent children have to die to line their pockets.
The vast majority of Americans support new, saner gun legislation. Republicans are holding us all hostage. It's time for change. It's time to put our children above politics and money.
Please retweet if you support banning assault weapons. #LetKidsLive
I'm a Jew in NYC and I made friends with a Palestinian in Gaza this week. Using @Snap Maps I was able to build a personal connection with a complete stranger and learn from their first-hand experience of whats happening on the ground in real-time. Heres the story + some takeaways
The best form of game theory on a Blockchain is mechanism design and it is majorly achieved through cryptography.
Below are the techniques by which the development of blockchains came into existence to achieve their desired gameplay.
A ๐งต
BREAKING: Trump is hit with devastating news as Michigan voters file a massive lawsuit to ban him from the ballot because he โviolated his oath,โ โincited a violent insurrection,โ and โthreatened the assassination of congressional leaders.โ
But it gets WORSE for Trumpโฆ
The Michigan voters didnโt stop there, declaring that the 14th Amendment of the U.S. Constitution disqualifies Trump because โour predecessors understood that oath-breaking insurrectionists will do it again, and worse, if allowed back into power, so they enacted the Insurrectionist Disqualification Clause to protect the republic from people like Trump.โ
VERY well saidโฆ
This lawsuit spells disaster for Trump, because as voters in more and more states sue to disqualify him, his chances of becoming president again get farther and farther away.
Trump had his chance, and he showed America just how dangerous he is.
We MUST send this traitor to prison โ not back to the Oval Office.
Please retweet and โค๏ธ if you think that YOUR state should disqualify insurrectionist Trump โ and consider joining the growing exodus to Tribel, a woke new Twitter competitor that banned Trump for life and is exploding in popularity because Elon Musk banned Tribelโs Twitter account โ but he forgot to ban this link to download the new Tribel app: https://t.co/HnJzSKjCwX
BYE BYE Bitcoin & US Dollar? Citibank announced today it is offering bank block chain technology to turn institutional savings into Citibank tokens which can be used for instaneous 24/7 cross border transactions. Bye bye BC & US $?
In honor of Keanu Reeves' birthday today:
This is Matrix movie star Keanu Reeves. He was abandoned by his father at the age of 3 and grew up with 3 different stepfathers. He is dyslexic. His dream of becoming a hockey player was shattered by a serious accident. His daughter passed away at birth. His wife passed away in a car accident. His best friend, River Phoenix, passed away of an overdose. His sister battled leukemia.
No bodyguards, no luxury houses. Keanu lives in an ordinary apartment and likes wandering around town and is often seen riding a subway in NYC.
When he was filming the movie "The Lake House," he overheard the conversation of two costume assistants, one crying as he would lose his house if he did not pay $20,000 - On the same day, Keanu deposited the necessary amount in his bank account.
In his career, he has donated large sums to hospitals, including $75 million of his earnings from โThe Matrixโ to charities.
In 2010, on his birthday, Sept 2nd, Keanu walked into a bakery & bought a brioche with a single candle, ate it in front of the bakery, and offered coffee to people who stopped to talk to him.
In 1997, some paparazzi found him walking one morning in the company of a homeless man in Los Angeles, listening to him and sharing his life for a few hours.
In life, sometimes the ones most broken from inside are the ones most willing to help others.
This man could buy everything, and instead, every day he gets up and chooses one thing that can not be bought:
To be a caring person.
Simple Acts of Kindness
Share this โ who knows, maybe Keanu will see it for his birthday!
Enjoy the weekend reading!
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