DePINs offer high quality services at a fraction of the cost. The fundamentals are there in plain sight, and Solana is in the driver’s seat to host this price discovery.
Decentralized services also need some type of proof of stake mechanism to coordinate tasks and rewards/penalties. You can build arbitrary PoS protocol on the Jito Restaking protocol.
I think price discovery and effective coordination systems go hand in hand. ie networks with bad, centralized coordination lack fundamentals and token value accrual.
6
2.92K
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.