Emerging DePIN Projects Show Promise in Democratizing Internet Infrastructure

Tuesday, June 4, 2024 7:45 AM
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Emerging DePIN Projects Show Promise in Democratizing Internet Infrastructure cover

Decentralized Physical Infrastructure Networks (DePIN) are revolutionizing the internet’s infrastructure layer, offering growth and innovation potential. Five DePIN projects stand out for their promising technical setups and investment potential. Render Network connects artists with unused GPU power from other computers, with its RNDR tokens rewarding contributors. Phala Network focuses on privacy-preserving cloud computing, while Nosana leverages spare CPU power on devices for crowd-computing. These projects aim to democratize access to computational resources, making powerful computing more affordable and accessible.