Three huge reasons for modular DePIN infra:
1. It's cheaper and faster. Ready-made modules help DePIN startups solve technical problems and launch their products faster and more cheaply.
2. The community captures more value. Each module can be decentralized with its own economic model, allowing the community to capture more value throughout the value chain.
3. Collaboration = strength. The DePIN ecosystem is rich with technical talent. By working together, we can create more robust and innovative DePIN solutions.
Back in 2020, IoTeX coined the term ‘MachineFi’ to describe the concept of connecting real world devices to blockchains.
Today, this concept has evolved into DePIN, where IoTeX continues to lay the groundwork.
Hear from Cofounder @Raullen in this interview on rise of DePIN and its future.
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