Akash CEO: Regulators have recognized the unique benefits of DePIN
On October 14th, Borderless Capital partner Alvaro Garcia recently said: "DePIN may be the only category in Web3 whose value comes from outside the encryption industry," he believes this also makes the DePIN project uniquely resistant to bear markets that may affect other encryption projects. In a recent interview at the mainnet conference, Greg Osuri, CEO of DePIN protocol Akash, responded to this view. The protocol provides a decentralized market for users to buy and sell computing power using AKT tokens, and said that regulators have noticed the project's role.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto Faces Ongoing Challenges Despite Pro-Crypto Shift in U.S. Leadership
Australia Seeks Public Input on Adopting Global Crypto Reporting Standards
FET breaks through $1.5