The rise of new stars in the DePIN field, disrupting the traditional cloud computing landscape

Recently, a cloud computing infrastructure network project received significant investment, with its valuation soaring to $470 million. This news has attracted widespread attention in the DePIN (Decentralized Physical Infrastructure Network) space. The project claims to challenge traditional cloud computing giants, so what exactly sets it apart? Let's delve into its technology and business logic.

The Dilemma of Traditional Cloud Computing

Currently, the cloud computing market is mainly monopolized by a few tech giants, resulting in a phenomenon of "new centralization." This has led to the following issues:

1. Service costs are continuously rising, forcing companies to accept high cloud expenditures.
2. Users face severe vendor lock-in, and the cost of migration is high.
3. Enterprises have lost complete control over their own data.

Innovative Solutions

This emerging project aims to build a decentralized cloud infrastructure network to help businesses regain data sovereignty, reduce costs, and avoid vendor lock-in. This is the core value proposition of DePIN - to leverage blockchain technology and token economics to reconstruct traditional physical infrastructure, liberating it from centralized control.

Three-Tier Architecture Design

The project adopts a unique three-layer "checks and balances" system:

1. Hardware Layer: Contributed by global hardware providers with enterprise-level equipment to ensure stable and reliable infrastructure.
2. Service Layer: Service providers build various cloud products on top of hardware resources, emphasizing composability and innovation.
3. Monitoring Layer: Introduce independent SLA Oracle nodes responsible for monitoring and verifying service quality.

These three layers coordinate through a proprietary protocol, forming a self-regulating ecosystem. Compared to traditional DePIN projects, this architecture introduces a reliable "anti-cheating system" for cloud services.

Stable Business Strategy

The project has adopted a pragmatic business strategy:

1. First establish the business, then develop the token economy.
2. Start with storage services and focus on serving B2B enterprise clients.
3. Over 1000 European and American corporate clients have been acquired, with annual revenue exceeding 5 million USD and a growth rate of 2000%.

This strategy, aimed at enterprise clients with strong willingness to pay and stable demand, allows the project to establish a stable cash flow.

Reasonable Token Economic Model

The token economics design of the project is highly aligned with its business logic:

1. Staking Mechanism: Hardware providers must stake tokens to connect to the network, ensuring service quality.
2. Payment medium: Service providers use tokens to purchase resources, creating real demand.
3. Reward Tool: Participating nodes receive token rewards for their contributions.

This design makes the token the "blood" of the network rather than a speculative tool, with its value derived from the actual scale of the business.

Team Background and Investment Support

The project team has a strong background, with core members having rich experience in the gaming and cloud storage fields. It has secured $18 million in funding, with investors spanning across Web3 and traditional sectors. The recent strategic investment further endorses the project's development prospects.

Industry Prospects and Impact

The global cloud infrastructure market is massive, expected to reach $837.97 billion by 2034. The goal of this project is to become the "AWS of Web3"; even capturing a small portion of the market presents significant business opportunities.

More importantly, this pragmatic project that integrates the advantages of Web2 and Web3 is paving a more feasible path for the enterprise-level application of blockchain technology. It represents the forefront of Web3 technology's infiltration into core enterprise IT systems and is expected to have a profound impact on the entire industry.