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
How Tether, TRON, TRM Labs froze $100 million in stolen digital assets
The unit collaborates with global authorities to combat financial crime using blockchain forensics across billions in volume.
Spot Bitcoin ETFs break into top 20 in 2024, capturing 4.3% of total inflows
In less than a year since launch, IBIT and FBTC secure their spots among the largest ETFs by yearly flows.
Do Kwon pleads not guilty in US court over Terra ecosystem collapse
Kwon is under US custody after a lengthy extradition battle.
Today's Fear and Greed Index rose to 74, and the level is still Greedy
Trending news
MoreCrypto prices
More
