DePIN = Decentralized Physical Infrastructure Networks that use crypto-incentives to efficiently coordinate the buildout & operation of critical infrastructure on top of public blockchains.
DePIN sectors include following sectors (non-exhaustive), that build on top of blockchain:
DePIN empowers & incentivizes people to improve public infrastructure around them. It transfers wealth & power back to citizens & communities. The infrastructure may include:
Digital maps
Energy grid
AI
Telcos
Datacenters
Power plants
Carbon credits
Home internet
Food delivery
Knowledge work
Ride-sharing
Advertising
Mobility
Health & Fitness
Pets & Livestock
DePIN is how the majority of humanity will onboard onto the crypto economy.
DePIN is like AGI reaching back in time to create the resources it needs to thrive.
Generating a 5-second video today costs >$0.10 in compute, electricity & bandwidth. Advanced AIs will demand these digital commodities at an unimaginable scale.
DePIN is the first triple-point business model capable of spawning $10T+ networks. DePIN Flywheels combine the economies of scale of traditional infrastructure (1), with the network effects of a tech platform (2), and the liquidity moats of a currency (3).
DePIN is in its earliest innings with <0.1% market share of $1T+ end-markets. DePIN will grow 100-1000x over the next decade as networks win market share from centralized corporations with slower, less reliable and less dynamic offerings.
DePIN Supply
Most DePINs combine light nodes for low onboarding friction & new user acquisition with heavy nodes for stronger and more reliable network performance.
More than 13 million devices globally contribute to DePINs every single day. Twenty DePINs grew to >100k active nodes in 2024, five of which are now above 1m nodes
