In a lively AMA hosted by Crypto Professor, Zulu Network co-founder Luke joined a panel of experts to discuss the burgeoning field of Decentralized Physical Infrastructure Networks (DePIN). The conversation explored the current state of DePIN, its innovative business models, and the increasing interest in decentralized technologies. Here’s a chronological overview of the panelists’ insights.
https://medium.com/media/a3dde6b4e7a2e840d55737c7655b2130/hrefThe session kicked off with introductions from each panelist. Luke introduced Zulu Network as an innovative Bitcoin layer 2 protocol optimized for DePIN. He stated, “We are seamlessly integrating both EVM layers and a DePIN innovation layer. By leveraging the security and value of Bitcoin while enabling seamless operations for decentralized applications, we’re setting ourselves up to revolutionize how computing resources and AI applications are monetized and shared.”
Ehsan from Functionland followed, emphasizing the need for a user-owned data ecosystem. He remarked, “Everyone can participate in providing storage and resources to each other, bringing ownership of data back to the users.” Ehsan highlighted the importance of decentralization in today’s data-driven world.
Sanfei from Alculabs introduced his project, stating, “We’ve created a DePIN protocol that helps AI interact with the physical world.” He underscored the necessity of solving real-world problems with decentralized solutions.
Ugo from WiCrypt discussed his decentralized internet-sharing network, explaining how users can monetize their Wi-Fi hotspots. “We’ve been building and scaling decentralized Wi-Fi networks since 2018,” he said, showcasing their global reach with over 1,800 hotspots across 35 countries.
Josh from Solarium described his company’s focus on bridging Web 2 and Web 3 through renewable energy solutions. “We reward users through proof of generation for the amount of power they produce,” he noted, highlighting a shift in validation mechanisms.
Brandon from Conduit Network shared insights on their hardware-based approach to DePIN, emphasizing security. “True security starts at the hardware level,” he asserted, referencing their devices deployed in high-security environments.
As the discussion progressed, Crypto Professor posed a question about why DePIN is becoming more mainstream now. Ehsan responded by pointing out that reliance on centralized infrastructures poses risks to Web3 projects. He stated, “Owning the infrastructure has become very important… We need to distribute everything to scale properly.” He likened this need for distribution to natural systems where information is shared rather than stored in one location.
Luke agreed with Ehsan’s points but emphasized that recent advancements in AI, particularly ChatGPT, have significantly raised awareness about decentralized solutions. “AI has gone retail with this major advancement,” he explained. “Now everyone is asking how to access computer resources more efficiently.” Luke highlighted that this one compelling use case captured public attention and drew investment into the DePIN space.
Josh added another layer to the conversation by discussing market viability. “Decentralized physical infrastructure networks didn’t really have market share until people recognized they could profit from supporting them,” he noted. He compared this shift to gig economy platforms like Uber and DoorDash that incentivize participation.
Sanfei echoed these sentiments by discussing the convergence of supply and demand in the DePIN space. He observed that retail investors are increasingly recognizing the need for real-world utility in crypto projects. “It’s very difficult to create a DePIN project without utility,” he stated, emphasizing that successful projects must deliver tangible benefits.
The panel also touched on innovations such as X Protocol’s unveiling of smartphones with built-in DePIN nodes. Sanfei expressed excitement about this development: “We need to get consumers excited about DePIN… This is an incredibly great way to do it.” He noted that integrating DePIN into consumer hardware lowers barriers to entry for users.
Josh raised concerns about relying on centralized systems for data access while promoting decentralized networks. He argued that while these new devices may use decentralized technology, they often depend on existing centralized infrastructure for connectivity.
Ehsan concluded this segment by stressing the importance of collaboration between hardware and protocol developers within the DePIN ecosystem. He stated, “The goal is to create mainstream products that people can access at cheaper prices.”
The AMA highlighted a collective optimism about the future of DePIN and its ability to transform traditional business models through decentralized solutions. The panelists agreed that as awareness grows and compelling use cases emerge — particularly through advancements in AI — DePIN is poised to become a mainstream component of the blockchain ecosystem. The insights shared during this session underscored the potential for innovation and collaboration across various sectors as they navigate this exciting new landscape together.
About Zulu Network
Zulu Network is the first Native Bitcoin DePIN Layer optimized for AI + DePIN implementations. With Zulu, everyone will have the ability to stake assets, help facilitate operation of various DePIN and AI protocols and earn on the Bitcoin Network.
Zulu is an innovative blockchain protocol that combines the security of Bitcoin with the flexibility of EVM infrastructure to foster a new decentralized economy, focus on AI & physical infrastructures, and empower users to stake their assets to power the future of DePIN innovation.
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