DePIN networks cleverly link up physical devices like sensors, IoT gadgets, computers, and smartphones with decentralized blockchain networks. By sharing data, offering resources, or helping keep things running, users earn real rewards in digital assets — a fair deal that’s been a long time coming in the digital world. This setup doesn’t just empower users to benefit from their involvement; it frees them from the grip of centralized middlemen who’ve been exploiting the system for too long by profiteering from user data. These middlemen use this data for targeted advertising, marketing, and analytics, generating massive revenue while offering little in return to users.
Source: https://www.coindesk.com/opinion/2024/09/26/depin-reshaping-the-internet-and-empowering-users/?utm_medium=referral&utm_source=rss&utm_campaign=headlines