DEPIN is surely a great innovation, and I love the progress it has made so far in the entire Web 3.0 ecosystem. I also like the fact that it was not hyped like the other innovations that were overhyped which led to their death when people realized that they were all about hypes. We must also be careful because not all DEPIN projects will be successful because by now scammers should have already been studying the system to see loopholes for them to exploit and scam people of their money.
DEPIN is not an innovation and decentralized sharing of physical resources has existed for decades. Don't believe everything that marketing people tell you.
When airdrops were fading and we don’t have a lot of people talking about it more and more, DEPIN projects were making waves and all eyes on them to be the next big project in the airdrop space. Since when the market momentum reduced or has ben consolidation, we have not really seen a quite progress in this projects because without a bull run coming, I don’t see them to be a reliable project to expect much from. No investors is willing to partner and invest money into a project without reaping well. They’re more favoured these days and with that, I don’t see any project going to consider more their testers or community more without prioritising their community more.
Because they are empty narrative projects that were built mostly on top of market hype. They were looking for a new narrative to sell to people, and many bought it. DEPIN has no future.