paint-brush
DePIN Explained: What Are Decentralized Physical Infrastructure Networks?by@dean
217 reads

DePIN Explained: What Are Decentralized Physical Infrastructure Networks?

by Dean Patrick11mApril 16th, 2024
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

DePIN (short for Decentralized Physical Infrastructure Networks) extends Web 3--the decentralized internet built on blockchains, cryptocurrencies, and smart contracts--to physical infrastructure and services like energy networks and ride-sharing. Messari, an independent crypto research firm, estimates DePIN’s Total Addressable Market to be $2.2 trillion, growing to $3.5 trillion by 2028. However, DePIN's theoretical market size is the entire non-digital economy, which, according to the World Bank, is nearly $90 trillion.
featured image - DePIN Explained: What Are Decentralized Physical Infrastructure Networks?
Dean Patrick HackerNoon profile picture
Dean Patrick

Dean Patrick

@dean

Stanford Grad. I ran a crypto hedge fund during peak ICO mania.

About @dean
LEARN MORE ABOUT @DEAN'S
EXPERTISE AND PLACE ON THE INTERNET.
L O A D I N G
. . . comments & more!

About Author

Dean Patrick HackerNoon profile picture
Dean Patrick@dean
Stanford Grad. I ran a crypto hedge fund during peak ICO mania.

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite