DEPIN is the next star boy of blockchain

[Olamidetechie]

At least if I'm going to count the number of years I've used in trading and blockchain as a whole, I'd be able to count my full fingers before stopping, and that shows how much experience I've gathered over time, and this has affected my income positively and also helped in making certain decisions.

In those years, I've been able to dive into different ecosystems from DeFi, altcoins, memecoins, AI, and many more, but it seems the DePin ecosystem is the new star boy now, as it has been producing solid projects.
My first reason for saying that is that most of the projects that come out of there, tier-1 exchanges usually like them and want to list them, starting from $TAO on Binance to $ICNT that's about to be listed, getting Bitget support also, same with others.
My second reason is that exchanges create more opportunities around these ecosystem projects when they're getting listed, starting from launchpool to candybomb and many more. I know most DePin lovers here will understand me.

[Akbarkoe]

Depin is indeed a new category in this cycle that has just risen, but we need to know that there is no guarantee that it will get the best gain in this cycle because it seems that AI-specific projects are more in demand if you look at the previous hype, plus improvements in AI capabilities continue to be made and this will make it one of the best projects, and other options such as RWA are also one of the hype in this cycle. Don't forget that, but from that, all that will become stars are altcoin projects that enter ETFs or institutional trading.

[hyudien]

DEPIN can be said to be a new economic system in the Blockchain industry because they are a liaison between onchain and offchain in other words they focus on internet network consumption (which I know is the DEPIN Project with Extension) that's the outline. For me DEPIN has a special place in Web3 rather than some mining projects that are ultimately unclear, then DEPIN is better. We may be able to see in the future because DEPIN's challenge lies in regulations involving its users' telecommunications data.

[TastyChillySauce00]

DEPIN is already a thing from few months ago, narrative is kinda outdated if we're speaking for now, most of DEPIN project is valued at low FDV because people didn't see the groundbreaking innovation.
If it were back then a DEPIN project could easily reach billions of FDV.

It's not exactly the next start boy if i'm being honest based on that, hype has faded.

[Bournesparks]

Depin is indeed a new category in this cycle that has just risen, but we need to know that there is no guarantee that it will get the best gain in this cycle because it seems that AI-specific projects are more in demand if you look at the previous hype, plus improvements in AI capabilities continue to be made and this will make it one of the best projects, and other options such as RWA are also one of the hype in this cycle. Don't forget that, but from that, all that will become stars are altcoin projects that enter ETFs or institutional trading.

What about an AI and dePIN infusion? One of the projects OP mentioned called ICN is that. They've got infinite storage with super speed etc. I don't know much about this though, cos I'm a trader. But on paper this sure looks good & could be worth an entry, since it's even available on candybomb.. this means just simple tasks earns you some of the token..

[Akbarkoe]

Depin is indeed a new category in this cycle that has just risen, but we need to know that there is no guarantee that it will get the best gain in this cycle because it seems that AI-specific projects are more in demand if you look at the previous hype, plus improvements in AI capabilities continue to be made and this will make it one of the best projects, and other options such as RWA are also one of the hype in this cycle. Don't forget that, but from that, all that will become stars are altcoin projects that enter ETFs or institutional trading.

What about an AI and dePIN infusion? One of the projects OP mentioned called ICN is that. They've got infinite storage with super speed etc. I don't know much about this though, cos I'm a trader. But on paper this sure looks good & could be worth an entry, since it's even available on candybomb.. this means just simple tasks earns you some of the token..

I know that project, it's a Swiss and German based project, but your statement about no deposit you have to be responsible for it, even if you think it's perfect, consider how the deposit has a limit, and that's also to measure their ability to provide services.

Not long ago they dropped almost 50% from the beginning of their token launch, but what needs to be learned as a trader is to pay attention to the initial movement, also pay attention to their background, volatility can be very high.

[gunhell16]

Since last year I have been reading and watching about depin that it has potential, And one of the coins that was seen to be successful without a Campaign project or pre-sales, I witnessed how its price and coinmarketcap grew.

And this is the TAO (bittensor) I even bought it when it was only $30. Its development was so fast during that time. Especially when the price value of bitcoin started to rally.
Even though the majority of coins under depin will not succeed, there are still some that will be like TAO in my opinion.

[wheeljunkie]

Depin is indeed a new category in this cycle that has just risen, but we need to know that there is no guarantee that it will get the best gain in this cycle because it seems that AI-specific projects are more in demand if you look at the previous hype, plus improvements in AI capabilities continue to be made and this will make it one of the best projects, and other options such as RWA are also one of the hype in this cycle. Don't forget that, but from that, all that will become stars are altcoin projects that enter ETFs or institutional trading.

What about an AI and dePIN infusion?

It is just nonsense projects adding buzzwords that are useless. A few years ago it was smart contracts, AI, cloud and some other things that new coins were all promoting. Now that all those new chains have smart contracts, they take new buzzwords to market themselves falsely. There is little real demand for dePIN and AI.

And this is the TAO (bittensor) I even bought it when it was only $30. Its development was so fast during that time. Especially when the price value of bitcoin started to rally.
Even though the majority of coins under depin will not succeed, there are still some that will be like TAO in my opinion.

TAO has zero chance to succeed compared to centralized AI companies.

[adultcrypto]

DEPIN is surely a great innovation, and I love the progress it has made so far in the entire Web 3.0 ecosystem. I also like the fact that it was not hyped like the other innovations that were overhyped which led to their death when people realized that they were all about hypes. We must also be careful because not all DEPIN projects will be successful because by now scammers should have already been studying the system to see loopholes for them to exploit and scam people of their money.

[Webetcoins]

DEPIN is surely a great innovation, and I love the progress it has made so far in the entire Web 3.0 ecosystem.

For me, I think all crypto trends has a great innovation but it is just that the scams on the side have only seemed to ruined them.

I also like the fact that it was not hyped like the other innovations that were overhyped which led to their death when people realized that they were all about hypes. We must also be careful because not all DEPIN projects will be successful because by now scammers should have already been studying the system to see loopholes for them to exploit and scam people of their money.

Yeah and this make it looked like it was an underrated project. Overhype can be good but it can also be bad, but a good and legit project can still stand strong on their own. This is because they also have a solid supporter that knows their worth. Other than hype, we also have scams as you imply and this one is much tougher to spot according on how you described it. So like them that studies, we as well need to imitate that. This is what they say that it is an advantage if you know something. Even if it doesn't makes you earn but at least you won't experience a loss too.

[Ndabagi01]

Depin is indeed a new category in this cycle that has just risen, but we need to know that there is no guarantee that it will get the best gain in this cycle because it seems that AI-specific projects are more in demand if you look at the previous hype, plus improvements in AI capabilities continue to be made and this will make it one of the best projects, and other options such as RWA are also one of the hype in this cycle. Don't forget that, but from that, all that will become stars are altcoin projects that enter ETFs or institutional trading.

When airdrops were fading and we don’t have a lot of people talking about it more and more, DEPIN projects were making waves and all eyes on them to be the next big project in the airdrop space. Since when the market momentum reduced or has ben consolidation, we have not really seen a quite progress in this projects because without a bull run coming, I don’t see them to be a reliable project to expect much from. No investors is willing to partner and invest money into a project without reaping well. They’re more favoured these days and with that, I don’t see any project going to consider more their testers or community more without prioritising their community more.

[wheeljunkie]

DEPIN is surely a great innovation, and I love the progress it has made so far in the entire Web 3.0 ecosystem. I also like the fact that it was not hyped like the other innovations that were overhyped which led to their death when people realized that they were all about hypes. We must also be careful because not all DEPIN projects will be successful because by now scammers should have already been studying the system to see loopholes for them to exploit and scam people of their money.

DEPIN is not an innovation and decentralized sharing of physical resources has existed for decades. Don't believe everything that marketing people tell you.

When airdrops were fading and we don’t have a lot of people talking about it more and more, DEPIN projects were making waves and all eyes on them to be the next big project in the airdrop space. Since when the market momentum reduced or has ben consolidation, we have not really seen a quite progress in this projects because without a bull run coming, I don’t see them to be a reliable project to expect much from. No investors is willing to partner and invest money into a project without reaping well. They’re more favoured these days and with that, I don’t see any project going to consider more their testers or community more without prioritising their community more.

Because they are empty narrative projects that were built mostly on top of market hype. They were looking for a new narrative to sell to people, and many bought it. DEPIN has no future.