DePin Introduction:

First of all we know about full form of DePin.

DePin=Decentralized physical infrastructure networks.

"Messari" is the famous crypto research company which gave the name in "2022" of this sector is Decentralized physical infrastructure networks.

Let's talk about Decentralized physical infrastructure networks:

There are 100+ networks in DePin like Wireless, Storage, Computer power, Real-world sensors etc this sensor cover too much different sectors.

There are three projects which works on these concept before DePin arrival.

Three projects name:

Helium = $HNT

Filecoin=$FIL

Render=$Render

Helium($HNT):

Helium is a wireless network.

Amir Haleem ,Shawn fanning and Sean Carey made this project in 2013.

Filecoin($FIL):

Filecoin is a data storage network.

Juan Benet made this project in 2014 through Protocol labs.

Render($RENDER):

Render is a Graphics Processing Unit.

Jules Ubrach made this project in 2016-2017.

Benefits of DePin:

If we compare between Traditional web2 and DePin. DePin is always win. Because traditional web2 is single big company but DePin is not a single big company in this project thousands of individual users work. Traditional web2 is very expensive only billionaires afford it but DePin is 50% to 80% cheaper than traditional web2. In web2 money only received billionaires but in DePin money goes to regular users.

Helium tokens:

When peoples applied helium device in home and nearby bikes,phones,senors used their signals hotspot owners receive $HNT tokens.

Filecoin tokens:

When people give empty hard drive space filecoin network on rent in place of Google Drive or Apple Icloud they receive $FIL tokens.

Render tokens:

The peoples who have extra gaming PC or Graphic processing unit they connect their PC or GPU with render network and complete the rendering work to earn crypto or $RENDER tokens.

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