PinGo completed a new round of funding on 2024-11-27.

The Rise of Decentralized Physical Infrastructure Networks: Exploring the Current Status and Prospects of DePIN Introduction The Internet, as a symbol of globalization, actually originated from the products of the Cold War era. In 1969, the U.S. military needed a network that could avoid single points of failure and autonomously recover to respond to potential nuclear strikes. Therefore, the prototype of the Internet, "ARPAnet" (, was born, adopting a decentralized distributed architecture design. However, over the past 55 years, from Web1 to Web2, with the rapid development of the internet, a centralized architecture has formed amidst the waves of commercialization and globalization. Web2 giants have monopolized the discourse and value distribution in the online world. In recent years, the wave of Web3 has emerged, emphasizing Decentralization and de-platforming. However, simple application-layer Decentralization is difficult to solve the fundamental problems; how to transform the internet from the underlying technology stack is the solution. In this back

The Rising Narrative: Exploring the Current State and Future of DePIN Introduction The Internet, as a symbol of globalization, actually originated during the peak of the Cold War. In 1969, the U.S. military created a decentralized network prototype known as "ARPANET" in response to the potential threat of nuclear strikes. However, over the past 55 years, the development of the Internet from Web1 to Web2 has led to a centralized structure, which goes against its original intention. Web2 giants hold the power of discourse and value distribution in the online world. In recent years, the wave of Web3 has risen, raising the banner of decentralization and de-platformization. However, mere decentralization at the application layer is insufficient to address fundamental issues; the key lies in a complete overhaul from the underlying technology stack. Against this background, DePIN offers a new solution: by combining the financial attributes and incentive mechanisms of Web3, DePIN can build an efficient P2P physical resource network.

DePIN (Decentralized Physical Infrastructure Network) combines physical resources with Blockchain, aiming to achieve decentralized infrastructure through resource sharing and incentive mechanisms. Despite facing technical and market challenges, it demonstrates great potential in areas such as storage, Computing Power, and energy, and is expected to expand to more application scenarios in the future.

The article discusses the current status and future of Decentralized Physical Infrastructure Networks (DePIN), emphasizing its achievement of resource sharing and efficient networks through the integration of Blockchain technology and hardware. DePIN addresses the efficiency and security issues of traditional centralized networks, signaling the formation of a new internet architecture. Despite facing technological and market challenges, DePIN is expected to achieve large-scale application in the future.

DePIN (Decentralized Physical Infrastructure Network) combines physical resources with Blockchain technology to create a bilateral market for resource sharing and incentives, enhancing resource allocation efficiency. It has developed rapidly in areas such as storage and Computing Power, but faces challenges such as technical complexity and market acceptance, requiring continuous exploration and innovation to achieve breakthroughs.