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A battle behind technology scenes has been fermented over the past few years. For power. As in, electricity.
The energy demand from technology giants has increased due to the intelligence arms race, to the extent that companies It is said In the face of waiting for a period of years to reach local networks.
With the presence of the largest players who were appointed to continue to strangle them in the market, the energy is now a fertile floor of the turmoil – perhaps even by DePin.
This is what Framework Ventures bets. Participant founder Michael Anderson recently told Catherine Ross from Empire that the energy has been a great axis of the company over the past six months.
Anderson explained that most of the main accounts of encryption are currently in line with the general consensus – they are more than two mimokwain and the Investment Funds Union in circulation.
On the other hand, the energy is somewhat unequal, and it must be perfectly associated with the DePin-which now has now been that it can succeed, according to Anderson.
“But where you did not rise to the level of expectations on the demand side. You know, [DePIN] It mainly builds the supply and demand network, where it is the source of the supply, then there is a request on any resource provided by the network. Historically, it seems that the offer has been completed, but the demand side was lacking. “
Energy starters were from analogy to analogy that already had sessions in prosperity and statue in encryption. Although it was not generally placed under the DePin umbrella.
PowerLedger will be greater – allowing solar panels to sell the energy that returns to the network. POLR has a high market value at all amounting to about $ 680 million in 2018, but it is still trading by 80 % less than that mark.
A lot has changed for energy markets since then, and this may be that PowerLedger and others like them were very early.
Framework recently supported startups in the energy field Radiate – Which aims to rid the energy networks by rewarding solar farms with USDC and GLW on ETAREUM – and daylightIt is a project supported by IOTEX similarly on the decentralized green energy through encryption bonuses.
Anderson said: “The energy is the most liquid and very demanding ecosystem that can be recorded on Blockchain, and it is designed for this purpose for DePin,” Anderson said.
“DEPIN type becomes energy – it is somewhat similar to how Defi becomes financial services. I think we will see the transition becomes more clear next year.”
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