Decentralized Physical Infrastructure Networks (DePIN)
DePIN refers to projects that build and manage physical infrastructure in a decentralized manner. Examples range from data storage, GPU distribution and wireless networks
In general, DePIN projects aim to create cheaper, more accessible, and trustless solutions in the infrastructure sector.
Why DePIN? Decentralized systems can be more resilient to failure as they don't rely on a centralized authority. They also have the potential to offer cheaper options than traditional solutions.
Top Projects
1. Render (RENDER)
Render connects individuals or companies needing graphics rendering services with those who have idle computer processing power to offer.
It's essentially an open marketplace for GPU power.
2. Bittensor (TAO)
Bittensor is a network structure for A.I. models.
It is built to create a better marketplace for artificial intelligence and is doing that by utilizing a collaborative system of shared knowledge.
3. Filecoin (FIL)
Filecoin is a digital storage network that functions like a marketplace for data storage and retrieval. You can think of Filecoin as the decentralized alternative to Google Drive or iCloud.
