🤔 DePIN, the decentralized physical infrastructure networks (DPIN), is stuck in a rut, said Rushi Manche, co-founder of Movement Labs, in an interview with CryptoMoon.
According to Manche, DPIN’s diverse range of use cases, many of which can be quite technical, make it difficult to pitch projects to the general public and achieve that elusive product-market fit. It’s like trying to explain a puzzle to a cat – it’s just not going to understand it, right? 😉
But there is hope, Manche said, as long as US President Donald Trump’s pro-crypto policies remain intact. After all, tokens issued in the United States would be a game-changer, and Trump was talking about it just a few weeks ago, Manche noted. 🤝
As the scene plays out in the crypto space, venture capitalists are keeping a close eye on DPIN, seeing the sector as a promising investment opportunity once regulatory clarity arrives in the US and restrictions are lifted.
DPIN: A Sector Full of Promise and Confusion
DPIN is a sector with a plethora of projects, from telecommunication networks to automotive data collection and cloud storage. It’s like a box of chocolates – you never know what you’re going to get! 🍫
Take Helium, for instance, a decentralized telecommunication and wireless network aiming to disrupt traditional communication services and expand wireless coverage to dead spots. It’s like having a network of ants carrying messages for you, but instead of ants, it’s blockchain – who wouldn’t want that?
July’s post-roadmap update from Helium Mobile brought expanded coverage, increased compatibility with third-party hardware, and telecom interoperability pilot programs – talk about a Mexican standoff! 🔥
Centralized cloud storage services are also due for a decentralized disruption, and Functionland’s FxBlox device and the Fula Network are leading the charge. It’s like a decentralized form of organized chaos – you mean you don’t want 1.5 million gigs of storage for, like, a cool million bucks? 😳
But wait, there’s more! DPIN has even been touted as a way to decentralize law enforcement, putting control back in the hands of communities. It’s like a real-life game of Risk, where players become sovereign – except instead of armies, they’re fighting with data and trust. 🏹
A July article from pseudo-writer Luffistotle argued that radar arrays, ballistic triangulation devices, and distributed surveillance systems could all be community-owned through tokenization. It’s like a decentralized game of Clue – who would’ve thought that blockchain could be the ultimate solution? 🕵️♀️
And in the end, community patrol DAOs could give communities direct control over the governance of their police forces – it’s like a decentralized United Nations, minus the flags and flags waving, of course! 🏛️
Magazine Most DePIN projects barely even use blockchain: True or false?
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2025-01-25 01:30