DePIN (Decentralized Physical Infrastructure)
DePIN (Decentralized Physical Infrastructure Networks) are blockchain-based systems that incentivize people to build and maintain real-world infrastructure. Contributors earn tokens for providing resources like storage, computing power, wireless coverage, or sensor data.
Understanding the Concept
• Combines physical infrastructure with token incentives • Examples include Filecoin (storage), Helium (wireless), Render (GPU) • Enables permissionless participation in infrastructure building • Creates alternatives to centralized infrastructure providers
Real-World Example
Helium is a DePIN where people deploy hotspots providing wireless coverage for IoT devices. Hotspot operators earn HNT tokens based on the coverage and data they provide. Instead of one company building cell towers, thousands of individuals collectively create a global wireless network, earning tokens for their contribution.
How Strykr Helps
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