Crypto Expert Predicts Booming Future for DePINs

Crypto expert Meltem Demirors predicts that decentralized physical infrastructure networks (DePINs) will generate numerous multi-billion dollar ventures in the near future.

In a recent social media post, Demirors highlighted the potential of DePINs, which use blockchain to decentralize control over physical infrastructure like wireless networks and data storage.

quick slide rip – how i’m thinking about opportunities in the DePIN space

new resource networks are only one part of the overall landscape. there will be dozens of multi-billion dollar protocols and companies across the DePIN stack. bitcoin is the blueprint 😉 pic.twitter.com/w9IDkIFQTp

— Meltem Demirors (@Melt_Dem) July 6, 2024

She noted that Bitcoin’s success in creating a massive network and incentivizing substantial investments in mining hardware could serve as a model for DePINs.

Demirors envisions a future where DePINs, such as Render (RNDR), Filecoin (FIL), The Graph (GRT), and Akash Network (AKT), will proliferate, creating significant economic opportunities.

She also believes that while resource networks might become standardized, the tools for enhancing operational and financial efficiency will hold greater long-term value.