🚀 Borderless Capital Launches Third $100M Fund for Decentralized Physical Infrastructure Network (DePIN)! 🌐

- The fund will invest in blockchain projects that develop and maintain global physical infrastructure.

- Led by former Telefónica CEO Álvaro Gracia and Helium co-founder Sean Carey.

- Backed by peaq, Solana Foundation, Jump Crypto, and IoTeX.

What is DePIN? 🤔

- A decentralized system that uses blockchain to build and maintain physical infrastructure.

Individuals and small organizations can contribute resources and earn tokens.

Notable examples:

- Helium: A network for IoT devices.

- Filecoin: Decentralized data storage.

- Hivemapper: Collecting map data from vehicle-mounted cameras.

The DePIN market is expected to reach $3.5 trillion by 2028! 📈

What do you think about the future of DePIN? Share your thoughts below! 👇#Crypto#Blockchain#DePIN#Web3