DePIN – Decentralized Physical Infrastructure Network
What is DePIN DePIN refers to the development of blockchain-based management systems for real-world facilities such as computing power and marketplaces for real-world data.DePIN utilises a cryptocurrency-driven incentive system to create a reward-based system for crowdsourcing physical infrastructure service providers while promoting decentralised alternatives to known legacy facilities.The concept of DePIN has a broad scope…