Crypto veteran Meltem Demirors says that one particular subsector of digital assets will birth “dozens” of multi-billion dollar projects in the future.
Demirors tells her 263,000 followers on the social media platform X that she’s looking more closely at the future of decentralized physical infrastructure networks (DePINs).
-->DePINs aim to leverage blockchain to give individuals or companies control over physical infrastructure like wireless connectivity, data storage or compute power in a decentralized manner.
Demiror says that Bitcoin (BTC), with its network and token that ultimately incentivized the creation of $100 billion worth of mining hardware and $20 billion worth of public companies, could end up being the blueprint for the rise of DePINs.
“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…
Arguably over the long run, the resource networks will be commoditized and the tools enabling operating leverage + financial engineering will have a much larger, more sustainable moat.”
Source: Meltem Demirors/XSome of the biggest DePIN crypto projects currently include Render (RNDR), Filecoin (FIL), The Graph (GRT) and Akash Network (AKT).
