What is DePIN?
DePIN stands for Decentralized Physical Infrastructure Networks. It is a new way to build and manage real world networks like wifi, storage, and sensors using blockchain technology.
How does it work?
Instead of a large company buying and owning all the equipment, regular people buy the hardware. When they connect their devices to the network, they earn crypto tokens as a reward.
Why is it important?
This system allows networks to grow much faster. It also spreads the ownership among thousands of people. It is a great example of how crypto can be used for real, physical services.