Among various narratives gaining traction in the past few months, the Decentralized Physical Infrastructure Networks (“DePIN”) sector has emerged as a prominent focus due to their large total addressable market and extensive potential.
DePIN refers to infrastructure-related projects utilizing blockchain technology and crypto economics to motivate individuals to allocate their capital or unused resources towards creating a more transparent and verifiable network, with the goal of achieving a more efficient scaling trajectory than their centralized counterpart.
DePIN is a broad field made up of several sectors, each playing a different role in enabling the decentralization of network infrastructure. In this report, we cover developments in the fields of compute networks, wireless networks, storage, and sensors.
