Decentralized Infrastructure Networks to Spawn Multi-Billion Dollar Projects

Monday, July 8, 2024 11:46 AM
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Decentralized Infrastructure Networks to Spawn Multi-Billion Dollar Projects cover

Crypto expert Meltem Demirors predicts that decentralized physical infrastructure networks (DePINs) will give rise to numerous multi-billion dollar projects. DePINs use blockchain to decentralize control over physical infrastructure, such as wireless connectivity and data storage. Demirors sees Bitcoin’s success as a potential blueprint for DePINs, which could lead to the creation of valuable protocols and companies. Notable DePIN projects include Render, Filecoin, The Graph, and Akash Network.

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