The Quiet Rise Of DePIN: Why You Should Pay Attention To Decentralized Physical Infrastructures Networks [Forbes]
Coinbase Global, Inc. - Class A (COIN)
US:NASDAQ Investor Relations:
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Source: Forbes
This year will mark a turning point in the evolution of decentralized physical infrastructure networks (DePINs). Manufacturers have been increasingly fascinated by the integration of real-world infrastructure with blockchain technology, and according to : “The DePIN addressable market is currently valued at $2.2 trillion and has the potential to reach $3.5 trillion by 2028.” Furthermore, VC money continues to pour into the sector, with firms like Pantera, Multicoin Capital and Coinbase on DePIN project investments. The reason behind the interest in the industry is that DePIN represents a revolutionary approach to infrastructure ownership—it utilizes blockchain protocols and cryptocurrency tokens to incentivize the creation and operation of fully decentralized infrastructures. I believe this innovative approach is reshaping traditional models of infrastructure management and will transform the digital and physical spaces over the next five years. PROMOTED Although DePIN is in a
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