Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
What are the "DePIN" projects that people think are most likely to actually work? It feels like the category is a new name for something that's been around for a decade (StorJ, various decentralized ubers...) but has never gotten off the ground? So what's the bull case for why it will get off the ground now?
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Andy C pfp
Andy C
@ajchatham
@robmsolomon gave a good talk on this at ETH Denver: https://youtu.be/TrLbTglwzXg?si=qNPomUhI6qrsim6D Most "DePINs" are just businesses lowering customer acquisition costs with a token. Some, like /dimo are protocols that enable better coordination & interoperability between trillions of $ of distributed assets
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