Is DePIN the Dark Horse of the Next Crypto Bull Run?

For the short term, Messari predicts that the DePIN sector will hit $3.5 trillion in the next four years. Deutscher believes the prediction is slightly too conservative, anticipating a much higher prediction:

“Longer term, I’m anticipating that number to go much higher, due to the strong aforementioned flywheel mechanics involved.”

DePIN sector is anticipated to significantly add to global GDP. Source: Miles Deutscher

Deutscher explains that physical infrastructure has always held a monopoly over the economy. However, it has significant maintenance costs and is “out of reach for small players.”

“It has significant capital & maintenance costs, out of reach for small players. Giants like AWS capitalise on this by selling their services at a premium.”

DePIN Characteristics Could Shine in Bull Market

However, he contends that DePIN enables cost reduction, horizontal scaling, and rewarding network contributors.

Deutscher explains this occurs as the supply side commits resources for token rewards, incentivizing more infrastructure deployment.

Source