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DEPIN: A New Trend in Web3 to Build Decentralized Physical Infrastructure
DEPIN: One of the most followed emerging tracks in Web3
Recently, DEP is rapidly becoming one of the most notable tracks in the Web3 field. What exactly is it? How is it related to ordinary people? What is its potential for future development? This article will delve into the concept, significance, and development prospects of DEP.
Introduction to DEPIN
DEPIN stands for "Decentralized Entity Infrastructure Network". It utilizes the incentive mechanisms of Web3 to integrate fragmented and decentralized resources into service technologies that can be uniformly packaged and used by others. For example, the HiveMapper project allows users to automatically collect map data during their daily commutes by installing a dashcam, earning token rewards in the process. The real-time map data generated in this way is updated faster, covers a wider area, and is more cost-effective than traditional mapping services.
Another typical example is the Helium project. Users can deploy hotspots using idle WiFi bandwidth at home, contributing to the Helium network and earning tokens. Some large telecommunications companies even collaborate with Helium to utilize its network to cover hard-to-reach areas.
The Importance of DEPIN
Solving large-scale collaborative problems: DEP allows infrastructure construction, which was originally only possible for large enterprises, to become an activity that everyone can participate in.
Create a bilateral market: DEPIN has established a market at both ends of supply and demand, one end being individuals with idle resources and the other end being companies that need this data.
Promoting AI Development: DEP provides a large amount of real-time, high-quality real-world data for AI, which is crucial for the development of AI.
Reduce infrastructure construction costs: Compared to traditional methods, DEPIN significantly lowers the costs of infrastructure construction through a decentralized approach.
The Combination of DEPIN and AI
AI is considered one of the biggest drivers of DEP. In the next decade, AI is likely to move from the virtual world into real life, such as autonomous driving and delivery robots. These "grounded" AIs require a large amount of real-time, high-quality real-world data, and DEP is just able to provide this data.
In addition, DEPIN not only provides data but also offers the distributed GPU computing power needed for training AI. Through the DEPIN network, scattered GPU resources can be connected to form a civilian version of an AI supercomputing cluster, enabling small teams to train AI models.
The Development Prospects of DEPIN
Although the current market size of DEPIN may only be in the tens of billions of dollars, its growth speed is very fast. Future breakout points may come from the following aspects:
Tool Maturity: The threshold for developing DEPIN projects is lowering, and various services and tools are becoming increasingly完善.
AI Drives Data Demand: The rapid development of AI has made real-world data increasingly important, and DEP as the best data collection network will see its demand continue to grow.
Industry experts joining: An increasing number of entrepreneurs with hardware and infrastructure experience are entering the DEP field, and they are capable of truly addressing industry pain points.
Opportunities for Ordinary People to Participate in DEP
Ordinary people can definitely earn income by participating in DEPIN projects. For example, some create income by operating HiveMapper fleets or managing Helium hotspots. These emerging job opportunities do not require programming skills; as long as one can manage devices and resources, they can participate in the Web3 network and start earning money.
Overall, DEPIN represents a new way of integrating and utilizing resources, allowing everyone the opportunity to participate in the construction of future infrastructure. For those who missed the early opportunities of Bitcoin and Ethereum, DEPIN may present a new entry opportunity.