TLDR Crypto · INNOVATION & LAUNCHES

SOLANA DEPIN PROJECTS AIM TO TAKE GIG ECONOMY TO NEXT LEVEL

theblock.co3 min read

Summary from the TLDR Crypto newsletter

Decentralized Physical Infrastructure Networks have the potential to revolutionize traditional infrastructure models. Solana Foundation DePIN lead Kuleen Nimkar compares them to the gig economy. The Solana projects Hivemapper, Render, and Helium show potential, offering opportunities for additional income by contributing hardware to DePIN protocols. Nimkar believes Solana will be the "default choice" for such projects due to its low transaction cost and scalability. This has already been proven somewhat as Helium previously transitioned from its own chain to building on top of Solana.