🎙️AI & DePIN

Building on upcoming momentum in 2023, the most popular topics in Crypto have been AI, Real World Assets and Decentralized Physical Infrastructure Networks, or DePIN. Connecting Web2 and physical assets with the blockchain, AI, RWA and DePIN projects aim to provide a bridge between the Blockchain and the real world. AI, RWA and DePIN projects are often associated with rewards which users can receive for performing certain tasks in the real world or providing services or Web2 power to other users. In recent years, many projects have utilized this reward-based approach, rewarding users for walking, running or lending computer power. At the forefront of recent developments in utility-based crypto projects are DePIN projects, which connect Web2 networks with the blockchain, leveraging decentralization and crypto-based rewards. The most important example of this is decentralized GPU and CPU lending. Projects engaged in this provide users the opportunity to rent or lend unused server power and get rewarded as such. The lending of computing power is interesting because it can give users an opportunity to get rewarded for something they posses but do not use. This creates a passive income for users, while increasing efficiency in the market and improving the allocation of internet resources. Besides GPU and CPU lending, one interesting form of DePIN, largely untouched by the Blockchain Space, is the utilization of unused internet bandwidth. This concept, and the role Bandwidth AI will play, is introduced in the next chapter of this whitepaper.