CandleFocus DePIN Project Spacecoin to Launch Decentralized Satellite for Global 5G Access
2024-12-06
Author: Content Editor
Spacecoin, a Decentralized Physical Infrastructure Network (DePIN) project, is set to launch its first satellite, CTC-0, on December 21. This satellite will create a decentralized network infrastructure and aims to provide global 5G internet access. It will be launched aboard SpaceX's Falcon 9 rocket and will focus on delivering internet access to underserved regions, particularly in emerging markets. Spacecoin's satellite uses 5G NTN technology to bypass traditional ground infrastructure, lowering connectivity costs. The DePIN sector has seen advancements in 2024, with a market cap of $44.5 billion for DePIN cryptocurrencies. The success of Spacecoin's project could contribute to the emergence of DePIN as a key blockchain market segment by 2025.
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