DePIN is a new field within crypto that combines networks of hardware systems, blockchain and economics. It provides a transformative approach to infrastructure development thanks to the unique economic incentives that are built within its framework. DePIN networks incentivise the deployment, growth and maintenance of physical infrastructure, encouraging greater decentralization and efficiency of networks. The way DePIN projects work is by utilizing tokens as a medium to reward participants for their technological contributions with their metrics verified on chain.
