@syndica@onocoyRTK@solana Interesting thread! There isn’t a single DePIN having revenue somewhat close to what they pay out. It’s not strange that most tokens plummeted 80%.
How many will survive? 😵💫
1/
DePIN is a great idea.
But let’s be honest:
Most DePINs are not as “De” as they claim.
When AWS or Cloudflare goes down, so do many “decentralized” networks. 🤷🏼♂️
7/
A truly decentralized DePIN should:
• Survive cloud outages
• Degrade gracefully
• Have multiple coordinators
• Avoid single points of failure
Very few do this today.
@KryptoInsider1@DePIN_Crypto@WayruNetwork Unfortunately, most DePINs don’t have enough revenue to launch a token. Even less to survive. Real-world adoption is hard. Harsh reality, so choose projects wisely 🤞🏽