The article highlights the rise of Decentralized Physical Infrastructure Networks (DePINs) in the crypto space. These networks leverage blockchain technology to create interconnected hardware networks, rewarding resource providers in crypto for their contributions. The number of DePIN projects has increased significantly, and local governments are considering them to tackle infrastructure challenges. A separate report predicts that the DePIN sector will grow to a value of $3.5 trillion by 2028. The article also discusses several emerging DePIN projects worth keeping an eye on, such as NodeOps Network, Render Network, Akash Network, Io.net, and Storj. These projects offer various benefits, including enhanced scalability, security, and reduced costs, and are gaining traction in the industry. Overall, DePINs are seen as a promising sector with strong growth potential in the future.



Other News from Today