#026 - Decoding DePIN, Part 1: What really IS DePIN? 🤔
Welcome back to the DePIN Hub Newsletter, where we'll guide you through your decentralized version of Where’s Waldo
Think you know what makes a true DePIN project? 🕵️♀️ Think again.
🔍 Inside this must-read post:
- Why DePIN’s recent explosion got even the experts scratching their heads
- The shocking truth about some "DePIN" projects
- Our exclusive framework for spotting genuine DePINs
👉 Read now or risk FOMO: it’s on our blog!
Pssst! Stick around till the end of this series for a special announcement that'll change how you view DePIN projects forever. Trust us, you don't want to miss this! 🤫
Sponsor Spotlight! 🔦
The DePIN Association
Igniting the DePIN revolution by supercharging education, amplifying advocacy, and catalyzing industry-wide transformation to propel decentralized infrastructure into the mainstream! 🚀🌐💡
DePIN Hub Leaderboards 🏅
In The News 📰
🔔 GEOD goes multichain to Solana with Wormhole NTT Framework
🔔 Bittensor ranks third among top cryptocurrency gainers in 30 days
Just for you guys 👀
Wayru New WiFi Miners Pre-Sale!
Congratulations to our friends at Wayru, who believe that ownership of internet infrastructures should be in the hands of as many people as possible. 👊
Catch their new miners on their shop: https://www.wayru.io/shop
And use discount code DEPINHUB10 for 10% off at checkout.
LOOK: A Second Quest With CESS pt. Deux! 🔍
ICYMI, in last week’s issue we ran a quest quizzing you on your CESS knowledge, giving you a chance to win a future airdrop of CESS tokens.
We’re back with another chance for you to win some serious CESS swag 👀 (and participants of last week, you qualify too! 😉)
All you’ve got to do is…
- Test drive CESS Network’s decentralized answer to Google Drive — DeShare.
- Upload any file (make sure it’s safe to share publicly!) You’ll then receive a link.
- Comment on this tweet, and paste your DeShare link there.
CESS will select a handful of winners. If it’s you, they’ll reach out on X (keep your eye on those DMs, guys) to inform you that you’ve won and how to claim your future tokens. 💸
Feature
What Really Makes a DePIN? 🤔
Remember when blockchain was just about cryptocurrencies? Those were definitely simpler times.
We’ve arrived at an era where blockchain technology is being applied to everything — from energy grids to Wi-Fi networks. It's exciting, but it's also creating a bit of an identity crisis in the DePIN world…
Hear from industry experts such as AnyOne, Hivemapper, and Borderless Capital on their take on what a “true” DePIN is in our latest blog.
But — why are DePINs becoming more difficult to identify? Well, for starters, success breeds imitation. As pioneering DePIN projects gain traction, we're seeing a flood of new projects claiming the DePIN label. Some are innovative and genuine, while others are... let's just say they're riding the hype train. 🚂💨
Why does all of this matter, you ask? Why should we care about separating the DePIN wheat from the pseudo-DePIN chaff? Well, folks, it's not just about keeping our crypto vocabulary straight. Identifying true DePINs is crucial for several reasons:
- Investment clarity. As the space grows, investors need to understand what they're putting their money into. True DePINs offer unique value propositions and risk profiles compared to other crypto projects.
- Technological progress. Genuine DePINs are pushing the boundaries of what's possible with decentralized technology. By distinguishing them, we can better track and support real innovation.
- Regulatory preparedness. As governments start paying attention to this space, understanding what truly constitutes a DePIN project could be vital for navigating future regulations.
- … and more!
If you want to know the other crucial reasons and dive deeper into what makes a true DePIN, check out our full blog post where we break it all down. You can chime in on the X app, too!
In our full blog post, we dive deep into:
- Industry experts, such as ANyONe, Hivemapper, Borderless Capital, and their takes on what defines a REAL DePIN
- How to spot the difference between DePIN and its crypto cousins
- Our perspective on what makes a real DePIN tick
Too Busy to Read? We've Got You Covered! 📽
Surprise. You can now watch and listen to our newsletters in the background as you enjoy your daily grind. 💪
Join our head of growth, Michael, in breaking down the hottest DePIN news in our weekly YouTube recap.
In the world of DePIN, you snooze, you lose—so hit that notification bell. 🔔
Huge Thanks To... 🔦
The DePIN Association is a vibrant hub of innovation, driving the future of decentralized physical infrastructure networks (DePIN).
By harnessing the power of blockchain, they’re disrupting traditional infrastructure services—making them more transparent, secure, and efficient. Their mission is to set the industry standards, fuel groundbreaking ideas, and lead the charge toward a more decentralized and resilient world.
In the coming months, the DePIN Association will focus on several important initiatives:
- Standardization. Developing industry standards to ensure interoperability and security across decentralized infrastructure projects.
- Research. Advancing technology and applications through research and development.
- Education & Outreach. Engaging policymakers, developers, and the public to raise awareness about DePIN’s potential.
- Events Organizing. joint events to foster communication within the DePIN ecosystem.
Additionally, the association will launch monthly video podcasts.
Projects joining DePIN can select a working group to collaborate on shared goals. The association is officially registered in Switzerland.
Want to join the association? Apply today: https://form.typeform.com/to/F0V0mDG4
DePIN Hub Podcast — in Thailand! 🎙️
Brought to you by Nubila, a project revolutionizing ESG data collection with real-time, hyperlocal weather data powered by decentralized stations & AI insights.
💡 Qualoo is a decentralized physical infrastructure network to monitor, analyze and troubleshoot internet performance, uncovering critical insights to optimize internet connectivity for the whole planet.
🎧 Listen to our podcast with Qualoo
Good thing you guys have us to cut through the noise for ya. 😉
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