🚀 DePIN Market Soars! 🚀

The decentralized physical infrastructure network (DePIN) market is booming, with early-stage project funding up 296% YoY, hitting $246M across 70 deals by Aug. 1, 2024. 🌐

Key Highlights:

- Market cap surged 400% to $20B.

- IoTeX (IOTX) & peaq lead with major funding rounds.

- New players in decentralized gaming, AI, and robotics are emerging.

Despite growth, revenue remains low, with centralized platforms dominating.

What are your thoughts on DePIN's future? Share in the comments! 👇

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