From Hype to Reality: 2025’s Emerging Innovations in DePIN and AI
Decentralized Physical Infrastructure Networks (DePIN) are struggling to prove their real-world utility, with most projects failing to address genuine problems or offer disruptive business models. Wingbits stands out as a rare exception, leveraging Web3 incentives to solve a Web2 problem in flight tracking.
Flight-tracking companies like FlightAware and Flightradar generate substantial revenue by selling data to aviation firms and financial analysts. These companies rely on ADS-B receivers, hardware maintained by aviation enthusiasts who receive little compensation beyond free platform subscriptions.