What is DePin? How does it work?

DePIN uses blockchain & token incentives to crowdsource physical infrastructure. Individuals contribute resources like bandwidth, storage, or energy to create community-owned networks.

What is DePin

How Does It Work?

DePIN operates through a three-step process. 1. Users contribute physical or digital resources, such as setting up a Wi-Fi hotspot or sharing unused bandwidth.

2. Blockchain technology verifies these contributions transparently via smart contracts. 

3. Participants earn tokens proportional to their input, which they can trade or sell.

Final Thoughts DePIN transforms everyday users into infrastructure stakeholders, democratising access to crypto earnings. Start small, prioritise research, & embrace this decentralised revolution—one hotspot/data point at a time.