The 2024 bull market, RPG he is coming!
The 2024 bull market, RPG he is coming!
The king-level platform leads the new trend of POW + L1 + smart contract + DePin + distributed storage track
In 2024, the positive news continues, the growth of cryptocurrency continues to rise, one after another hot spots out, before the DEFI, DFI, NFT, GameFi, universe, AI artificial intelligence, RWA, WEB 3.0 rushed to the climax, the existing inscriptions, runes, Solana, DePIN hot circle, the next new wave of boom?
According to the current market trend, the next wave of tuyere forecast is POW + L1 + smart contract + DePin + distributed storage new gameplay, because it covers the entire market demand of the currency circle, to build hundreds of millions of blue ocean market.
DePIN Opening of the hot track
If the inscription represents the demand for a fair start in the Crypto market, then the DePIN represents the embrace of the Web3 in the infrastructure sector. DePIN Is leading a revolution, not only a revolution in the integration of blockchain and the Internet of Things on the technical level, but also a revolution in encouraging the construction of infrastructure at the commercial level. This revolution is revolutionizing the physical infrastructure.
From network builders to service providers to the ultimate consumer, the DePIN's paradigm is to motivate individuals and small businesses to deploy and operate infrastructure networks, making digital-centric infrastructure more efficient, democratic, and cost-effective globally. From telecom to data warehouses and data sensors, to the layout of AI computing power and models, DePIN's potential for technology acceleration is unlimited.
DePIN represents a decentralized physical infrastructure network, which encourages users to share their personal resources through token incentives to build infrastructure networks, including storage space, communication traffic, cloud computing, energy, and other fields.
According to The DePIN Sector Map, a leading industry Messari, the DePIN market is expected to reach $3.5 trillion by 2028.
Why do you need a DePIN?
In the traditional ICT industry, we can mainly divide the infrastructure into the following categories: hardware, software, cloud computing and data storage, and communication technology. Six of the top 10 companies in the world by market capitalization are in the ICT industry (Apple, Microsoft, Google, Amazon, NVIDIA, Meta), accounting for half of the total.
According to the data of Gartner, the global ICT market size has reached $4.390 billion in 2022. Data centers and software have shown an increasing trend in the past two years, which are affecting our lives in all aspects.
Before we understand the DePIN track, let's take a look at the running logic of the DePIN track. The core question is: Why are users willing to provide their own resources to join the DePIN project?
As mentioned in the introduction, the core logic of DePIN is to promote users to provide resources through token incentives, including GPU computing power, deployment of hotspots, storage space, and so on., to contribute to the entire DePIN network.
Because in the early days of the DePIN project, tokens are often no actual value, so the user to participate in the network and provide resources to some extent, supply side in many DePIN project pick out bullish project, and then investment resources in become "risk miners", through the number of tokens and token price appreciation space to profit.
DePIN The most essential kernel is resource integration, that is, through tokens to encourage users to share resources, so that resources can efficiently flow to the demand side.
Therefore, the characteristics of the DePIN are also clear:
l Crowdsourced hardware- -more cost-effective
l Collective ownership- -consistent with user interests and reward users
l Democratized access — an open and unrestricted network environment
l Decentralization — no permission and censorship resistance
DePIN And traditional infrastructure, just like DeFi and CeFi, which to some extent weakens the role of middlemen, making resources more unimpeded between the supply side and the demand side.