One of the narratives to look out for in this season regarding cryptocurrency and its technology is #DePIN. just like how #SocialMining has become the evolution of social media in which individuals can earn points that can be converted into stablecoin or project tokens after quality content is created and posted through their social handles like Twitter or Reddit. A case study can be sighted with DAOLabs.

When the introduction of gaming into the blockchain came in, many believed this would drive mass adoption into #web3trend , but it seems that solutions surrounding DePIN, have a much better chance.

Now, what is DePIN, and how to start making money through these narratives?
DePIN The Money Bag
DePIN is coined from Decentralized Physical Infrastructure Networks. Its functionality focuses on dApps (decentralized Applications) that integrate a tokenomics structure that drives community participation and incentivizes them to build and maintain real-world infrastructure. This solution is made possible through IoT (Internet of Things) or #smartcontracts . There are a variety of physical assets DePIN solution leverages. Examples are Robots, Devices, and Vehicles. What a wide range of applications exist around these, as they have the potential for transforming traditional infrastructure models.
Let's Check In Notable Projects And How To Generate Income Through Them
DePINs as an ecosystem are sub-divided into two categories namely: Physical Resource Networks (PRNs) and Digital Resource Networks (DRNs).
Physical Resource Networks (PRNs)
This deals with the utilization of physical assets to provide services within a decentralized network. It simply means, the network is based on tangible resources like infrastructure, hardware, and possibly physical goods to function.
Examples of PRNs Project
Filecoin
Filecoin is a decentralized storage network. This project enabled users rent out their unused storage space on their computers. This exercise makes them earn the utility token called Filecoin ($FIL ) as compensation for the storage capacity they provided to the network. DePIN's main goal is decentralization and Filecoin democratizes the data storage market as the project allows anyone with excess storage capacity to participate and earn rewards.
Digital Resource Networks (DRNs)
Here, the network focuses on digital assets and services, this has nothing to do with the physical network. It uses digital resources like data, computational power, and digital services. This application harnesses the potential of decentralized digital resources, and rewards participants to contribute their digital assets to the network.
Example of DRNs Project
Golem Network
This is a decentralized marketplace for computational power. Here, users offer their unused computing resources to the network. This offering by the user is incentivized through Golem tokens ($GLM ).
Grass is another DePIN project built on the Solana network ready to launch soon and its solution is built around collecting and verifying internet data. Here, a network of ordinary user devices is used to collect information from websites and then transmit it to interested clients, primarily for training AI models.
Keynote
It is important to understand the project you are dealing with and the best place to know about projects DePINs category can be through Coinmarkecap or Coingecko. You will agree with me that the entire world is so addicted to smart devices and is no brainer that nobody cares what the underlying tech of a smart device is - particularly when the moment the application is rewarding them. What a reason behind the bullish trend of DePIN, A useful tech combined with token incentives, Interesting!
Disclaimer: I am not a financial advisor, please do your research and drop your question as the case may be.
Reference
https://www.theblock.co/learn/299214/what-is-depinhttps://docs.daolabs.com/social-mining-docshttps://coinmarketcap.com/view/depinhttps://www.coingecko.com/en/categories/depin