Now, let’s consider the other part of the equation. A crypto token can live off the hype, memes, and sheer unhinged speculation we know Web3 for. A DePIN can’t. In our case, it needs weather companies, researchers, and anyone else willing to buy the temperature data we collect. In other cases, it’s devices using its IoT connectivity network, or drivers looking for charging spots; the gist is, DePINs need real-world demand for their real-world service. They must push beyond the Web3 echochamber and, often enough, even compete with Web2 rivals.
Related Posts
Who Draws the Lines? The Case for Decentralized Map Making
From there, users can layer on additional data for navigation, points-of-interest, business needs, etc. Through a decentralized network, we can[...]
Ethereum Whale Faces Liquidation, ETH Price Nosedive
A significant Ethereum whale is on the brink of liquidation due to the ongoing decline in ETH prices. This whale[...]
Man arrested following K-9 search after allegedly sexually assaulting woman in CT park
A man has been accused of sexually assaulting a woman in a park in Killingly last week.Marc Kaczor, 36, of[...]