The decentralized privacy infrastructure network (DePIN) is gaining traction as a significant player in the Web3 industry, with a market capitalization exceeding $20 billion. DePIN networks, such as ICP, facilitate canister smart contracts that rent computing power and storage, ensuring data integrity and interoperability across chains through Chain Fusion technology. Notable applications include Lokamining for Bitcoin acquisition and RentSpaceco for property rentals. The industry's growth is highlighted by the participation of experts in a roundtable discussion scheduled for April 27, 2024, at 3:00 PM UTC, and the increasing interest from decentralized and centralized entities alike.
Stay informed with daily updates on our page on DePIN market potential! With a market cap exceeding $20 billion, explore revenue opportunities and growth prospects in the decentralized privacy infrastructure sector. 🚀 #DePINMarketCap #Blockchain https://t.co/zboW3UTBpa
DePIN community protocol networks that coordinate hardware-based services with tokens promise an upgrade in efficiency and fairness compared to Web2 "sharing economy" companies, says @ivoentchev, a partner at @YoubiCapital. An opinion. https://t.co/3HAMbWbLmO
Be part of our Roundtable about the fast-growing DePIN industry 🔹Experts from various projects and institutions are joining the conversation to shed light on one of the fastest-growing Web3 industries! 🔸Set your reminders: https://t.co/Ar8Uq1g4OV 📆27/04/2024 3:00 PM UTC📆 https://t.co/O6Bj1jCZjG
🌐 Centralized clouds amass data, storage, compute, & LLM, pulling the AI universe into their orbit. Even open-source communities like Hugging Face, meant to bolster smaller teams, aren’t immune to this pull. 🔄 On the flip side, decentralized ecosystems like #DePIN disperse… https://t.co/2p880e3tB8
#ICP, a top #DePIN network, enables canister smart contracts to rent computing power & storage, ensuring data integrity & interoperability across chains via Chain Fusion Explore DePIN dapps like @lokamining for BTC acquisition & @RentSpaceco for property rentals Full report👇 https://t.co/kkDqzBIWXZ