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Hotspotty Co-founder: DePIN is the sharing economy 2.0

CointimeCointime2024/06/28 01:25
By:Cointime

Daniel Andrade, co-founder of Hotspotty, delved into the potential of the Decentralized Physical Infrastructure Network (DePIN) as an important evolution of the sharing economy 2.0. In his view, DePIN is not only a revolution of traditional centralized infrastructure, but also a fundamental transformation of the economic model aimed at democratizing access through Blockchain technology and smart contracts, reducing costs and enhancing system resilience. Examples such as Helium demonstrate the successful blueprint of DePIN, achieving the world's fastest wireless network deployment through decentralized incentives. Despite facing challenges of fragmentation and complexity, DePIN, with its decentralized, transparent and community-driven characteristics, is leading the way for the next wave of the sharing economy.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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