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DePIN becomes the latest cryptocurrency venture capital investment target

DePIN becomes the latest cryptocurrency venture capital investment target

CointimeCointime2024/04/17 00:37
By:Cointime

Venture capitalists have injected billions of dollars into the DePIN field, with some investing all of their funds into the DePIN protocol. Despite the current total market value of the DePIN project reaching billions of dollars, the industry is facing one of the oldest challenges in the cryptocurrency field: a relatively small customer base. Analysts point out that DePIN projects with clear demand for underlying services have huge potential, meaning that customers already exist. Projects like the Helium protocol, which drives wireless networks through a token-driven ecosystem, or the Filecoin data storage platform.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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