DEPIN
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Business Case for DePin: Why Companies Are Investing in Decentralized Infrastructure
DePin steps in as the answer to the pain points caused by traditional infrastructure annihilating alternatives: the high costs, replicas of Daedalus’s labyrinth that have extreme difficulty scaling, and gaping core vulnerabilities. The need for decentralized alternatives that are cheaper, more beneficial, and far more resilient to failure systems has caused an interest boom for…
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Fluence Launches DePIN Pledge to Strengthen Web3 Decentralization
Fluence, a leading cloudless computing platform, launched the DePIN Pledge on February 26, an initiative designed to encourage cryptocurrency-based businesses and projects to commit publicly to the use of decentralized infrastructure. The pledge comes in response to growing concerns that many Web3-based projects are departing from their decentralized principles, as the rise of cloud hyperscalers…