Lark Davis – DePin Crypto The 100X Opportunity Most Will Miss (24.04.2024 Summary)

Lark Davis – DePin Crypto The 100X Opportunity Most Will Miss (24.04.2024 Summary)

Lark’s video provides an insightful look into the world of Decentralized Physical Infrastructure Networks (DePIN), a fascinating crypto narrative that he believes holds immense potential for 100x gains.

DePIN projects incentivize individuals to provide real-world services using blockchain, and as Lark highlights, the sharing economy is projected to grow exponentially, reaching over $827 billion by 2032.


Here are the different DePIN sectors and projects discussed by Lark:

Cloud Storage Networks:

  • Filecoin – One of the oldest and largest DePIN projects, incentivizing users to lend out excess storage

  • Arweave – Focuses on permanent, long-term data storage solutions, used by projects like Solana and Avalanche

  • Sia – Promises 90% cheaper storage than traditional cloud services like Amazon, secures data by splitting it across multiple nodes

Wireless Networks:

  • Helium – Allows users to deploy hotspots and provide IoT connectivity, rewarding with HNT tokens

  • Wi-Fi Map – Finds and maps public Wi-Fi hotspots, rewards contributors with WI tokens

Sensor Networks:

  • Hivemapper – Decentralized equivalent of Google Maps, rewards users for sharing street-level imagery

  • Dimo – Enables users to earn from data collected from their vehicles, like fuel consumption

Renewable Energy:

  • Arkreen – Web3 infrastructure for distributed renewable energy sources, analyzes energy data to improve efficiency

AI & Computing Power Networks:

  • Render – Rewards users for sharing excess GPU power for AI/ML workloads

  • Golem – Decentralized marketplace for selling excess computing power, cheaper than centralized cloud services


Lark highlights the vast potential of the DePIN ecosystem, spanning multiple sectors and use cases. He emphasizes the early-mover advantage and the opportunity for significant gains, albeit with inherent risks involved in the crypto space.