# The Untapped Potential of DePIN Ecosystem

There are millions of potential decentralized infrastructure participants globally who are capable but not sufficiently incentivized to contribute to a robust network of innovative projects. This represents the largest untapped potential for scalable and democratized technology infrastructure in the world.

# Driving Adoption

DePIN Flywheel is the core of future infrastructure networks that, contrary to the centralized model, get stronger as they get bigger. It is comprised of the supply and demand sides. The supply side is the collective of decentralized infrastructure participants that contribute to the network. The demand side is the DePIN project selling the generated network capacity to consumers. While the demand for DePINs' computational power and other resources grows, the supply side has major hindering issues that need addressing.

DePIN Hub has identified the vast network of decentralized infrastructure participants as a potential source of untapped technological potential. This network, if harnessed correctly, could provide a robust foundation for a multitude of innovative projects. The global community involved in these decentralized projects is vast and diverse, offering a wealth of knowledge, resources, and processing power. DePIN Hub aims to connect these participants with the projects that need them, facilitating a more efficient and effective use of this resource. By doing so, DePIN Hub can contribute to the creation of a more resilient, accessible, and equitable technology infrastructure.

# The DePIN Industry Numbers

  • Total Addressable Market: The estimated total addressable market for DePIN is greater than $2.2 trillion, projected to reach $3.5 trillion by 2028.
  • Market Capitalization: As of May 2024, the market capitalization of all DePIN tokens was $29 billion.
  • Economic Impact: DePIN’s flywheel is powerful enough to add over $10 trillion to global GDP in the next decade and more than $100 trillion in the decade after.
  • Growth Rate: The average Compound Annual Growth Rate (CAGR) across DePIN industries is approximately 18.2%.
  • Revenue Generation: DePIN generates over $15 million in annualized on-chain revenue despite various challenges.
  • Cycle Resilience: DePIN revenues have proven to be the most cycle-resilient, with on-chain revenues falling by 20-60% peak-to-trough in the last market cycle compared to 70-90% for the rest of the crypto market.

# Access to Millions of Active and Consistent Adopters

  • Adopters: Adopters are the decentralized infrastructure participants who deploy hardware like miners or contribute virtually to the DePIN project networks.
  • Node Expansion: In 2023, DePINs added over 600,000 nodes across wireless, compute, and sensor networks, scaling rapidly into 2024 with additional nodes from new projects.
  • Helium Example: For instance, in just over a year, Helium expanded its IoT network from 30,000 to over 900,000 physical hotspots in 170 countries by offering rewards to hotspot deployers, making the deployment cost-effective.
  • Adoption Power: This retained adoption power resource represents the largest unused supply of distributed deployment power in the world today.