Alvaro Garcia, a partner at Borderless Capital, recently said: "DePIN is probably the only category in Web3 where value comes from outside the crypto industry," which he believes also makes the DePIN project uniquely resistant to bear markets that could affect other crypto projects.
In a recent interview at Mainnet Conference, Greg Osuri, CEO of DePIN protocol Akash, echoed this sentiment. The protocol provides users with a decentralized marketplace for buying and selling hashpower using AKT tokens, and said regulators have taken note of the project's role.
Akash CEO: Regulators have recognized the unique benefits of DePIN
2024-10-14 00:08:05
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