What is DePIN and why is it a big step forward for Web3?
DePIN (Decentralized Physical Infrastructure Networks) is a new model in Web3, where users play a role in building and operating the physical infrastructure – such as servers, sensors, network stations, data storage, or even energy sources – for decentralized networks. In return, they receive rewards in tokens or other incentives.
Why is DePIN important?
1️⃣ Overturning the traditional Web2 model:
In Web2, the "big guys" own everything – from data centers to fiber optic networks. With DePIN, users are the owners of the infrastructure, no longer dependent on intermediaries.
2️⃣ Web3-ize models like Uber, Airbnb, AWS:
But without intermediaries. No controlling company. DePIN is where users contribute – users benefit. All rewards are transparent, automated and coordinated by the network.
3️⃣ However, DePIN is not easy to deploy:
To be successful, a DePIN network needs:
Users willing to run hardware devices.
Partners providing real use-cases.
A smart reward system to incentivize the right people.
And that is why the DePIN Alliance was born – to connect, coordinate and promote DePIN projects to grow stronger in the Web3 ecosystem.
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