A Decentralized Physical Infrastructure Network (DePIN) is any sufficiently decentralized network that uses cryptography and mechanism design to ensure a client can request physical services from a set of providers — breaking the natural monopoly and providing the benefits of competition.
The decentralization of physical infrastructure networks offers an opportunity to leapfrog atrophying incumbent monopolies and create networks that are more robust, easier to invest in, and more transparent.
f everyone becomes a manager of agents—instead of coding yourself, you could essentially supervise five coding agents—how should those agents be priced? One option is as a function of productivity relative to a full-time worker. I doubt we see parity here (if five agents 5x productivity, the company probably won’t be paying five full-time salaries)... See more
with few exceptions, anything that becomes commoditized and ubiquitous - from shoes and clothing to watches and cars - spurs demand for a more scarce and meaning-infused version (often with brand/story and quality driving the premium).