DePin: The 30 BILLION dollar crypto boom (with Hotspotty)

DePin - Is it all hype? Or will it bring mass crypto adoption?

In this episode, we explore the potential of decentralized physical infrastructure networks (DePIN) with Daniel from Hotspotty. 

In a nutshell: (DePIN) is the name for decentralized applications that use tokens to incentivise people to run and mantain physical infrastructure networks such as sensors, wireless infrastructure, energy grids, and other applications.

The total market cap of DePin tokens has surpassed 30 billion dollars as of late. The majority of this is made up of projects focused on Compute, Storage and AI resources.

We discuss the growing DePIN sector, its impact on the crypto space, and Hotspotty’s contributions to decentralized wireless networks. Daniel addresses the buzz around DePIN at ETH Denver, responds to critiques from industry leaders, and shares Hotspotty’s vision for the future. Dive into the world of DePIN with us to understand its challenges, innovations, and what lies ahead.

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Timestamps:

00:00 - Intro

06:36 - Exploring DePIN

09:50 - Practical Examples

16:20 - Introduction to Hotspotty

21:51 - Unveiling the DePIN Launchpad

23:40 - Hotspotty: A Community Asset?

26:00 - Passing Trend or Lasting Legacy?

31:35 - The Future of Protocol Revenue Sharing

35:57 - Decentralized GPU Mining

38:15 - Spotlight on PEAQ Network

41:00 - Exploring Other DePIN players

42:50 - A Look Ahead (3-5 Years)

46:20 - Closing Thoughts

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Stay tuned with Hotspotty:

▸ Newsletter and more: https://depinhub.io/ 

▸ Website: https://app.hotspotty.net/

▸ YouTube: https://www.youtube.com/@Hotspotty

▸ 𝕏: https://twitter.com/hotspotty

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Disclaimer:

TEACHMEDEFI is a provider of entertainment and opinions. We are neither a broker/dealer nor an investment advisor. This is not a service for issuing or receiving financial or investment advice. None of our content constitutes a recommendation – or should be understood as such – to conduct transactions in securities, cryptocurrencies, or crypto-assets, or to engage in any of the investment strategies presented in our discussions or provided content. We do not provide personalized recommendations or views on whether a stock, cryptocurrency, crypto-asset, or investment approach is suitable for the financial needs of a particular individual.