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Decentralized Physical Infrastructure Networks (DePINs) are emerging as a significant innovation in the blockchain space, fundamentally changing how internet services are sourced and provided. Unlike traditional crypto projects that emulate web2 products, DePINs merge blockchain with real-world infrastructure, offering tangible use-cases that people need and use daily. Leading DePINs such as Helium, Bittensor, and Filecoin are converging on a 'Network of Networks' architecture, aiming to dominate the future of decentralized infrastructure. This shift represents a paradigm change in crypto, moving from bottom-up infrastructure building to leveraging network effects and open-source frameworks. Additionally, DePIN's narrative mindshare has been consistently rising YTD, and AI adoption remains a challenge in this space.
DePIN's narrative mindshare at ATHs historically While AI and DeFi (unsurprisingly) dominate with 21.10% and 11.24% of overall narrative mindshare respectively, DePIN's consistent grind up in mindshare YTD is something worth watching. Projects like: @getgrass_io, @iotex_io,… https://t.co/Wy8dosk2Yl
#DePIN is what the masses have been waiting for: tangible use-cases for blockchain people actually need and use daily. The flipside is this takes a bit more effort than launching another dog-themed memecoin, @MaxThake writes. An opinion: https://t.co/YqNqPcevLg
The leading DePINs all appear to be converging on a similar endgame architecture — “Network of Networks” Helium, Bittensor, Filecoin, among others have quietly all become platform plays with overlapping ambitions to win the future of DePIN. Let the games begin. https://t.co/BcF7kbD7zO
