What is Depin?! Super easy explanation of DePin!
Read summaryThe new buzzword in crypto is "dpin," which stands for Decentralized Physical Infrastructure Network. This sector is predicted to reach a market value of $3.5 trillion by 2028. Dpin projects connect blockchain technology with physical systems, covering data storage, wireless connectivity, computing, energy, and data collection. Most projects offer tokens to incentivize infrastructure crowdsourcing, bringing crypto into play. Dpin works in three key ways: offchain network interactions, blockchain management of payments and transactions, and protocols defining operations and security measures. Understanding dpin is crucial for investors to navigate and identify promising projects in this emerging sector. Subscribe to stay updated on all things crypto and NFTs! 🚀💰🔗 #crypto #dpin #blockchain #investing
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