DePIN needs a more cohesive narrative for mass adoption — Web3 exec
According to data from CoinMarketCap, the decentralized physical infrastructure network sector has a market capitalization of over $27 billion.
Decentralized physical infrastructure networks (DePIN) must overcome the lack of a cohesive narrative to reach mass adoption, Movement Labs co-founder Rushi Manche told Cointelegraph in an interview.
The Web3 executive said DePIN has so many diverse use cases, many of which are highly technical, that it is often difficult to pitch projects to the general public or achieve product-market fit.
Despite this, the sector’s future remains bright, Manche said, citing US President Donald Trump’s pro-crypto policies as a reason for optimism.
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Author: Vince Quill