Recently,Putting some energy into the AI+DEPIN track, there is a feeling that this will be the main rising wave of the value narrative that will drive this round of bull market, old DeFi protocols, NFTs, cutting-edge public chains, and many underlying technological innovations are moving closer to the direction of Depin
1) How to understand the concept of DEPIN, to put it simply, the operation of traditional CEPIN servers, sensors, communication networks and other physical infrastructure networks needs to rely on centralized computing cluster services such as AWS and Alibaba Cloud, which is too expensive for many small and medium-sized enterprises.
Depin is the use of blockchain token incentives, so that some users with hardware devices can establish a large-scale collaboration relationship with physical devices, forming a service capacity infrastructure network, so that some small and medium-sized enterprises can use network resources in an affordable way without being accessible.
2) Some people say, isn't this the last bull market hardware mining narrative of Filecoin, Chia, Arwe**e, etc.? That's right, but not all,This round of bull market has added a new AI variable
Decentralized storage has demand, but it is not a strong demand, and it will be mixed with some pseudo requirements, such as: data storage access, although it can solve the storage demand, but due to the instability of the network distribution structure and node efficiency operation, some real-time demand application scenarios such as *** games cannot be landed.
I consulted some small and medium-sized AI companies that do AI model training, and the configuration cost of server hardware like AWS is not friendly to small and medium-sized AI companies.
If depin can enable cloud services such as GPUs or mobilize hardware devices from the whole network to form an infrastructure networkLarge model training, distributed machine learning, data storage, verification mining, distributed inference, and other directions will generate strong demand。This round of Depin, if it can rise with the wind, mainly depends on the drive of the AI track, and there will be some projects that rely on a PPT narrative at the beginning of this process, but in the long run, the projects that can be landed will not be too bad.
In all probability, AI+DEPIN will take over the role of the last round of DeFi Summer and become the main rising wave of the value narrative in this round of bull market。This explains why BTC will be a meme rise after the rise, but the old DeFi that everyone is looking forward to has not moved, whether it is to speculate on the new or not the old, or the car burden caused by the poor expectation of the last round of DeFi landingThe key is still the lack of a narrative opportunity that can drive the hybrid linkage of on-site and off-market funds
There is no doubt that the last round of bull market NFTs brought in traditional users and funds through the reinvention of the artist's digital marketplace, and this round of bull market AI+DEPIN may play a similar role.
Does this mean that old DeFi doesn't stand a chance? No, in my opinion, this is just an opportunity to reshuffle the traditional old DeFi:
1. In terms of public chains: the last round of DeFi was too trapped in the EVM environment, and the EVM-compatible narrative made the differences between chains smaller and smaller, and the possibility of linkage became more and more likely.
Therefore, the first thing to do in this round of AI+DEPIN is to de-EVM, let some high-performance chains come out, and then give birth to some killer applications, such as: @solana, SUI, APTOS, etc. In particular, there are a group of unique developer forces active in SOL itself, and whether this wave of AI+DEPIN can emerge directly determines the mainstream status of SOL in this round of bull market.
The slogan of impacting or surpassing Ethereum is shouted, and whether it can be realized depends on the landing of the AI+DEPIN narrative on SOL. Recently, I came into contact with projects like @ionet official, and the valuation is already very high, but after experiencing it, I was a little surprised, and I felt that it would be a potential force to detonate depin;
2. DeFi protocol: A while ago, Vitalik talked about AI + blockchain, and the core actually led to an entrepreneurial direction:AI+Intent DeFi tradingObviously, it is the direction that intent intent trading really wants to make it take to evolve smart contracts into super smart contracts and include the needs of lowering user thresholds, increasing user interaction experience, and reducing the wear and tear of user cross-chain transactions.
Therefore,Whether the old DeFi can quickly promote a series of upgrades such as the Intent transaction model + wallet front-end is very critical, and biting this direction can be incorporated into the main rising wave narrative of AI+Depin without falling behind；There are already a lot of projects of this kind of DeFi innovation, and as a reminder, the narrative of Intent-Centric is not over, just a project that can be combined with AI and actually landed.
3. Other underlying technology innovationsIn fact, the current web3 innovation environment is very mature, and the product power and innovation power of web2 have long penetrated in, which is why a series of narratives such as modularization and chain abstraction have emergedThese narrative goals are to solve the problems of low inter-chain interaction and high collaboration costs in the web3 environment. The direction is very good, but due to the slow development of the old chain, these micro-innovations do not really have the potential to explode.
Taking ZK technology as an example, everyone says that ZK is the endgame, but now ZK only solves the problem of mutual trust between the main chain and the side chain, in fact, ZK can make all EVM and non-EVM chains realize mutual trust asset transfer, and the real value discovery of ZK is still in the future. Recently, I have paid attention to a @projectzkm project, ZK technology has achieved multi-chain interoperability at the bottom layer, coupled with its hardware acceleration and other depin designs, it is also very likely to find a key card in the new wave of depin narratives.