DePINs (Decentralised Physical Infrastructure Networks) use crypto tokens as rewards to incentivise every-day folks to set up & maintain hardware networks. It’s like crowdsourcing infrastructure deployment – instead of one company setting up a few very expensive ‘nodes’, thousands of low power devices create a more scalable network with better coverage.

When the network of devices – think dashcams, weather sensors, air quality sensors – is used by clients, the revenue generated is fed back into the token value. Hence, everyone who builds & maintains the network (and earns the network’s token for their contributions) benefits. This aligns incentives, and has proven to be an incredible way to supercharge the growth of physical infrastructure networks.