STATE OF DePIN 2024
Decentralized Physical Infrastructure Networks (DePINs) use crypto-incentives to efficiently coordinate the buildout and operation of critical infrastructure. The DePIN ecosystem has grown to over 650 projects in 2023, spanning six subsectors: compute (250), AI (200), wireless (100), sensors (50), energy (50), and services (25). DePIN revenues, anchored in utility rather than speculation, have shown to be the most resilient in the last market cycle. While the broader crypto market faced a ste...
STATE OF DePIN 2024
Decentralized Physical Infrastructure Networks (DePINs) use crypto-incentives to efficiently coordinate the buildout and operation of critical infrastructure. The DePIN ecosystem has grown to over 650 projects in 2023, spanning six subsectors: compute (250), AI (200), wireless (100), sensors (50), energy (50), and services (25). DePIN revenues, anchored in utility rather than speculation, have shown to be the most resilient in the last market cycle. While the broader crypto market faced a ste...
