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?

The bull case is rebranding, since "Web 3" is an antiquated term now.

As for the projects... There are many potential winners.  I'm partial to Pocket Network, because it straddles multiple narratives.  As such, it becomes a proxy for the general crypto market ( and, once LLM support is added, the AI market as well).