DePIN Explained: What Are Decentralized Physical Infrastructure Networks?

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DePIN (short for Decentralized Physical Infrastructure Networks) extends Web 3--the decentralized internet built on blockchains, and cryptocurrencies

Part 1: DePIN Crypto - Humanizing Web 3.0 in the Real World DePIN extends Web 3--the decentralized internet built on blockchains, cryptocurrencies, and smart contracts--to physical infrastructure and services like energy networks and ride-sharing. Messari, an independent crypto research firm, estimates DePIN’s Total Addressable Market to be $2.2 trillion, growing to $3.5 trillion by 2028.

, said, “We emphasize a billion users coming into web-3 and for me, that's going to come from real-world applications that are a part of daily life.” Her statement encapsulates the vision of DePIN, a transformative technology decentralizing physical infrastructure and positioning it as an essential part of our daily lives.

 

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