TechFlow News, December 30 — Messari analyst Dylan Bane posted on X stating that according to Messari's projections, DePIN industry revenue will exceed $150 million next year. "Entering 2024, the supply side of DePIN was established, but limited revenue from the demand side made it difficult to validate the DePIN model. Over the course of this year, several protocols generated seven-figure and even eight-figure revenues, indicating that DePIN has the potential to capture the demand-side constraints that have so far limited its growth."
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