Unstoppable Domains and XYO Launch .DePIN and .XYO Domains to Anchor $18.8B DePIN Market
Unstoppable Domains, a leader in Web3 digital identity, has partnered with XYO, a key player in the DePIN infrastructure layer, to launch two new top-level domains: .DePIN and .XYO. These domains aim to provide verified, onchain identities tied to real-world infrastructure, accelerating growth in the decentralized physical infrastructure network sector.
The DePIN industry, now valued at $18.8 billion, rewards users with cryptocurrency for contributing resources like storage, bandwidth, or location data. This model challenges traditional infrastructure systems by decentralizing resource allocation and monetization.
The launch marks a pivotal moment for Web3 adoption, bridging digital identities with physical infrastructure through blockchain technology. These domains could become critical identifiers for devices, sensors, and users participating in decentralized networks.