16 Jan 2024
DePIN – Focus on the NarrativeDePIN is a relatively small crypto market with big potential, for the narrative at least…
- DePIN (decentralized physical infrastructure network) projects aim to offer decentralised alternatives for services such as data storage and wifi.
- While the vision of DePIN projects is inspiring, their odds of success when competing against major players in the traditional sector means there is more narrative here than true fundamental value.
- The safer bets for a DePIN project with lower risk (and lower reward) are clear, but Navigating Narratives has one project in mind for great upside potential.