LBank Research Institute: DePIN Track Analysis | The Third World of Crypto Spirit and Jevons Paradox
In the comprehensive report of cryptocurrency institutions at the beginning of 2024, DePIN is favored by numerous institutions such as Coinbase, Messari, Spartam, and Pantera, and it is believed that the DePIN track is "a strong competitor to existing Web2 businesses by leveraging cryptoeconomics to reduce structural costs."