Dragonfly Partners: Minimizing the "Physical" in DePIN

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September 7, 2024
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Dragonfly Managing Partner Haseeb Qureshi posted on X, stating, "In my view, the less 'physical' (P) involved in DePIN projects (Decentralized Physical Infrastructure), the better. Anything purely physical drastically increases verification costs and fraud rates, ultimately leading to centralization. Digitalized verification work (storage, computation, etc.) is easier and more scalable compared to physical work."

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