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Sotonek

@sotonek.eth

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87 Followers
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The Rise of DePIN Protocols 🚀 Decentralized Physical Infrastructure Networks (DePIN) merge blockchain with real-world infrastructure. Here’s a breakdown of five key DePIN projects and how they work: Gradient Network:✨ Aims to decentralize data sharing. Users monetize their data via blockchain-powered marketplaces. Raised $15M from Paradigm and Polychain Capital. Applications include advertising and machine learning. Grass:🌱 Focuses on renewable energy. Participants earn tokens by contributing excess solar or wind energy. Secured $10M from a16z and Sequoia Capital. Dawn:🚚 Targets logistics. Uses blockchain for real-time freight tracking and automation. Raised $12M from Multicoin Capital and Pantera Capital. MyGate Network:⚡ Optimizes EV charging through a decentralized network. EV owners earn rewards for sharing stations. Backed by $8M from Electric Capital.
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