Memes

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?

TVL is not the goal; TVL is a necessary evil. Every dollar locked in a (especially immature) protocol instead of being locked in a simple and secure wallet is to some extent a security risk.

Sometimes we have to take that risk to get valuable benefits, but locking for the sake of locking should be minimized.

Living at the intersection of bits, pixels, and adrenaline.

Lukor

@lukor