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Decentralized Physical Infrastructure Network (DePIN) Projects to Watch in 2024Summary: • The decentralized physical infrastructure network is growing rapidly, with 650 new projects emerging and a market value of US$20 billion. • It combines the advantages of blockchain with real-world infrastructure, providing solutions such as Wi-Fi, transportation, data storage and energy. • DePIN promises decentralized infrastructure development, reducing costs and improving global access to blockchain technology. Combining blockchain technology with practical, real-life applications is becoming increasingly important. In fact, decentralized physical infrastructure networks (DePIN) are an area that is experiencing exponential growth. Approximately 650 new projects have emerged, pushing DePIN’s market capitalization to an impressive $20 billion and generating an estimated $15 million in annual on-chain revenue.

Decentralized Physical Infrastructure Network (DePIN) Projects to Watch in 2024

Summary:
• The decentralized physical infrastructure network is growing rapidly, with 650 new projects emerging and a market value of US$20 billion.
• It combines the advantages of blockchain with real-world infrastructure, providing solutions such as Wi-Fi, transportation, data storage and energy.
• DePIN promises decentralized infrastructure development, reducing costs and improving global access to blockchain technology.

Combining blockchain technology with practical, real-life applications is becoming increasingly important. In fact, decentralized physical infrastructure networks (DePIN) are an area that is experiencing exponential growth. Approximately 650 new projects have emerged, pushing DePIN’s market capitalization to an impressive $20 billion and generating an estimated $15 million in annual on-chain revenue.
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According to RootData, the total financing amount of the cryptocurrency market reached US$1.161 billion in March 2024, an increase of 28% from US$905 million in March 2023 and 52% from US$762 million in February 2024. In addition, the number of financing transactions in March 2024 was 182, a month-on-month increase of 24%. In terms of the total financing amount of different tracks, the top three tracks are CeFi, NFT and infrastructure. #热门话题 #CeFi #NFT #基础设施
According to RootData, the total financing amount of the cryptocurrency market reached US$1.161 billion in March 2024, an increase of 28% from US$905 million in March 2023 and 52% from US$762 million in February 2024. In addition, the number of financing transactions in March 2024 was 182, a month-on-month increase of 24%. In terms of the total financing amount of different tracks, the top three tracks are CeFi, NFT and infrastructure.
#热门话题 #CeFi #NFT #基础设施
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