More you need to know

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DePIN projects you need to know

DePIN stands for Decentralized Physical Infrastructure Networks. These networks apply blockchain technology and decentralization principles to real-world physical infrastructure and systems. Essentially, they leverage public ledgers (blockchains) to record services rendered and reward providers with cryptocurrencies. These services can range from maintaining physical machines to managing infrastructure components.

In the context of cryptocurrency, DePIN coins represent tokens associated with these decentralized networks. Their market cap can fluctuate significantly, and they serve as a bridge between the digital and physical worlds. Currently, the total market cap of DePIN coins is approximately $29.6 billion.

Remember, this fascinating intersection of technology and infrastructure opens up new possibilities for how we interact with the world around us!

What is DePIN?