Booming Funding for Decentralized Physical Infrastructure Projects

Sunday, August 25, 2024 6:05 AM
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Decentralized Physical Infrastructure Projects (DePIN) are booming in funding, with a 296% increase in seed investments, reaching a total market valuation of 20 billion dollars. IoTeX and peaq have raised significant amounts, reflecting growing investor interest. These projects aim to decentralize critical physical infrastructures, ushering in new economic models. While new players challenge established giants like Filecoin and Helium, profitability remains a challenge. Success lies in turning technological promises into widely adopted products.

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