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Messari's Unqualified Opinions

The State of DePIN 2024 with Sal Gala (EV3) & Connor Lovely (Building in Public) | Fully Diluted with Messari Research

Jan 9, 2025
Sal Gala, co-founder of EV3, a venture fund for decentralized physical infrastructure, and Connor Lovely, founder of Building in Public, discuss the booming market for DePIN, which rapidly expanded from $20 billion to $50 billion. They explore how AI is transforming revenue growth in decentralized sectors and the evolution of prediction markets. The pair also delve into the potential of emerging energy and AR/VR tokens, alongside opportunities for decentralized networks and partnerships with government initiatives.
49:10

Podcast summary created with Snipd AI

Quick takeaways

  • The integration of AI, particularly large language models, significantly enhances research efficiency and promises fully autonomous report generation by 2025.
  • The rapid growth of the DePIN space, marked by an increase from 20 to 1,200 companies, demonstrates the sector's viable revenue-generating potential.

Deep dives

AI Integration and Research Enhancements

The discussion highlights the significant advancements in AI integration for research activities, particularly in the realm of Deepin. In 2023, most of the research for the State of Deepin report was executed using large language models (LLMs), such as ChatGPT, demonstrating an impressive leap in information processing capabilities compared to previous years. This shift not only enabled much greater efficiency and density of information within shorter timeframes but also aimed to develop an agent for answering queries about the State of Deepin on platforms like Twitter. The potential for fully autonomous generation of research reports by 2025 or 2026 showcases an exciting future where AI could drastically change how such analyses are conducted.

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