#DePIN projects may build their own blockchains or choose from a great number of existing chains.
General Purpose Blockchains like @solana and @0xPolygon are popular choices due to their high transaction speeds, low fees, and ability to handle a large volume of transactions.
DePIN-Specific Blockchains like the IoTeX L1 offer a complete infrastructure specifically designed for the complexities of DePINs, streamlining development.
Tonight, hear from 5 projects building DeFi tools on IoTeX to bring the masses to DePIN: @_Loxodrome @MagmaProtocol @Quenta_io @Bedrock_DeFi @pinSwap_ioTex
1. It's cheaper and faster. Ready-made modules help DePIN startups solve technical problems and launch their products faster and more cheaply.
2. The community captures more value. Each module can be decentralized with its own economic model, allowing the community to capture more value throughout the value chain.
3. Collaboration = strength. The DePIN ecosystem is rich with technical talent. By working together, we can create more robust and innovative DePIN solutions.