Decentralized physical infrastructure networks (DePIN) took off bigtime this year, and EV3 Ventures’ Ramakrishnan was at the center of it all.
Decentralized physical infrastructure networks took off bigtime this year, and EV3 Ventures’ Ramakrishnan was at the center of it all.
The “useful” bit here was key. DePIN offered products that consumers could use and understand, contrasting with many crypto products that were difficult to use and understand. DePIN became the crypto version of the old “sharing economy,” except the sharing was arguably more real than it is with Uber or Airbnb, where profits tend to only flow to shareholders.
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