DePIN Projects: Where Are the Real Users Coming From?
The decentralized physical infrastructure space keeps expanding, but here's the million-dollar question—can these networks actually attract mainstream users beyond crypto natives?
Take mapping networks as an example. They're rewarding contributors with tokens for collecting real-world data, but the real challenge isn't just incentives. It's about building something people actually want to use, whether they care about blockchain or not.
Some projects are seeing traction by focusing on practical utility first, tokenomics second. The ones solving genuine problems—coverage gaps, data accuracy, cost efficiency—seem to retain users better than those purely driven by yield farming.
What's your take? Is DePIN's user growth sustainable, or are we still too early for mass adoption?
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FlashLoanKing
· 12-02 23:51
To be honest, most depin projects are still just self-indulgent, and ordinary users really don't care about your token incentives.
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OnChainDetective
· 12-02 23:50
It seems that the Mainnet is launching satellites again... I need to keep an eye on the mapping network. Why are large transfers concentrated in specific Wallet clusters? It feels like there's a market maker manipulating user growth data behind the scenes. What is the real retention rate? What about on-chain evidence?
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SignatureCollector
· 12-02 23:46
To be honest, these DePIN projects are just telling stories. Once the token incentives decline, users will immediately rug pull, and they can't be retained at all.
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TestnetFreeloader
· 12-02 23:25
To be honest, projects like mapping are just mirrors; how many people really use them? Most are still attracted by the tokens, and yield farming is just a rebranding.
DePIN Projects: Where Are the Real Users Coming From?
The decentralized physical infrastructure space keeps expanding, but here's the million-dollar question—can these networks actually attract mainstream users beyond crypto natives?
Take mapping networks as an example. They're rewarding contributors with tokens for collecting real-world data, but the real challenge isn't just incentives. It's about building something people actually want to use, whether they care about blockchain or not.
Some projects are seeing traction by focusing on practical utility first, tokenomics second. The ones solving genuine problems—coverage gaps, data accuracy, cost efficiency—seem to retain users better than those purely driven by yield farming.
What's your take? Is DePIN's user growth sustainable, or are we still too early for mass adoption?