The Rise of Decentralized Physical Infrastructure Networks
Tuesday, July 9, 2024 1:30 PM
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Decentralized physical infrastructure networks (DePINs) are becoming increasingly prevalent, with over 1300 projects in the space. These networks leverage blockchain technology to incentivize individuals to contribute resources such as data, connectivity, and computing power. The new generation of DePINs is focusing on being demand-led, securing demand contracts early on and building out supply in a targeted manner. They are also lowering barriers to entry by utilizing existing hardware and tapping into everyday activities. Additionally, they are leaning into speculation by using points as a mechanism to account for contributor contributions, providing more flexibility and time to gather data before finalizing token economics.
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