‘DePIN’ Is Enterprise Capitalists’ Newest Crypto Obsession. Can It Match the Hype?

by Jeremy

DePIN tasks collectively have tokens value tens of billions of {dollars}. However how a lot income are they, as a gaggle, producing? One thing like $15 million a yr, stated Rob Hadick, a basic accomplice at Dragonfly, a crypto enterprise capital fund. “A lot of the protocols aren’t constrained by provide, however by a scarcity of demand,” he stated in an interview.

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