Few things get your average crypto enthusiast as excited as a brand-new cryptic abbreviation to rally around. This cycle, the DePIN banner is, and compared to some of the past crazes, this one is actually pretty wholesome. Not just that — it’s exciting, it has a ton of potential, and it marries Web3 and the real world in a way that actually makes sense… All while being a beast the mainstream crypto space is unprepared for.
It’s what the “masses” have been waiting for: real, tangible use-cases for blockchain that people actually need and use daily Let’s not forget about having to win the hearts and minds, too. DePINs have to approach entirely new audiences, people who are an afterthought for most crypto projects. Think IoT and tech geeks, but also anyone who could host and run hardware, from drivers to small businesses. It’s no easy task, marketing-wise, and one that further distinguishes DePINs as a unique Web3 sector.
Architecture: merging smart contracts with edge computing and peer-to-peer device interactions, mindful of the real-world challenges involved.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CoinDesk - 🏆 291. / 63 Read more »
IDG Blockchain to co-lead the seed round investment into U2U Network to advance DePIN technologyIn a significant move underscoring its commitment to the mass adoption of Decentralized Physical Infrastructure Networks (DePIN), IDG Blockchain will make a 7-digit investment into U2U Network as a co-lead of the seed round
Source: Cointelegraph - 🏆 562. / 51 Read more »