How DePIN Models Are Transforming The Automotive Industry

Infrastructure-intensive industries are undergoing massive transformations to meet the need for digital innovation. New technologies like artificial intelligence (AI), blockchain, and the Internet of Things (IoT) are being applied to industries that haven't evolved in years.

Infrastructure-intensive sectors are also moving towards decentralized models. As a result, decentralized physical infrastructure, or DePINs, are quickly gaining traction.

According to a new report from Moody's Ratings, "How DePINs could build the future of physical infrastructure one token at a time," the DePIN market has the potential to reach $3.3 trillion by 2030. Findings show that this market was valued at $2.2 trillion last year.

DePIN continues to grow

With fundraising volume up 296% year over year, the total market cap grew 400% to $20 billion.

It's Time for a #DePIN Sector Update Market News and Data brought to you by Benzinga APIs

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