DePIN refers to the use of blockchain technology and token incentives to build physical infrastructure networks so other projects don't need to incur the costs of buying and running their own equipment. In this sense, it can be seen as a decentralized version of Amazon Web Services (AWS) or Google Cloud.

Grove will use the funding to form new partnerships that advance DePIN toward mainstream adoption

Grove

Decentralized physical infrastructure (DePIN) provider Grove

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