DePINs Emerge as Telecom Alternative with $3.5T Market Potential by 2028
Decentralized physical infrastructure networks (DePINs) are positioning themselves as a viable alternative to traditional telecom providers, according to World Mobile CEO Mickey Watkins. These networks address coverage gaps left by major carriers, offering both connectivity and income opportunities for participants.
The World Economic Forum projects the DePIN market could reach $3.5 trillion by 2028, signaling significant growth potential for blockchain-based infrastructure solutions. This development comes as frustration mounts with conventional telecom services and their inability to serve all geographic areas effectively.