Crypto expert predicts a surge in DePINs attracting billions

Byadmin

Jul 9, 2024
Crypto expert predicts a surge in DePINs attracting billionsCrypto expert predicts a surge in DePINs attracting billions

Cryptocurrency expert Meltem Demirors predicts that decentralized physical infrastructure network (DePIN) will generate billions of dollars in business in the near future.

In a recent social media post, Demirors highlighted the potential of DePIN, which uses blockchain for decentralized control over physical infrastructure such as wireless networks and data storage.

“New resource networks are only one part of the overall landscape. There will be dozens of multi-billion dollar protocols and companies across the DePIN stack. Bitcoin is the blueprint ,” Demirors stated.

She noted that the success of Bitcoin in creating a massive network and stimulating significant investments in mining hardware can serve as a model for DePIN.

Demirors envisions a future where DePIN, along with Render (RNDR), Filecoin (FIL), The Graph (技術支持辦公室), and Akash Network (行為), will proliferate, creating significant economic opportunities.

She also believes that while resource networks may become standardized, tools to enhance operational and financial efficiency will have greater long-term value.

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