DeSpend, a Web3 project under retail giant Target,
[Singapore March 20, 2023] Recently, Target Digital Engine, a digital engine under global retail giant Target Corporation (NYSE: TGT)
The best place to discover, own, and trade DePins
Abstract
DePIN is hailed as the next trillion-dollar track, but the reality is more complex: many projects struggle with high hardware costs and complicated deployment processes; users often find it difficult to install and maintain devices, while actual payback periods differ significantly from expectations; and communities are hard to sustain over time. This gap between DePIN’s potential and its adoption is exactly what Depinport seeks to bridge—we enable users to purchase with one click, rely on simple hosting services, and easily participate in quality projects while sharing in their growth. At the same time, we help projects reach genuine Web3 enthusiasts and hardware hobbyists, fostering sustainable communities and ecosystems together.
A New Infrastructure in the Decentralized Era
Over the past decade, blockchain and Web3 have transformed how people perceive digital assets. Bitcoin introduced decentralized money, Ethereum enabled smart contracts, and DeFi, NFTs, and GameFi each sparked their own waves. Yet most of these innovations remained confined to the digital realm. What truly extends decentralization into the physical world is DePIN (Decentralized Physical Infrastructure Networks).
According to DepinScan, as of September 2025 there are over 423 active DePIN projects, with more than 41.83 million devices deployed and a total market value exceeding USD 13 billion, more than doubling compared with the same period in 2024. Messari further estimates that DePIN’s total addressable market could surpass USD 1 trillion, covering telecommunications, compute and AI, storage, sensors, energy, and more. In other words, DePIN is no longer just a concept—it is becoming the foundation of the next internet.
Industry Status and Challenges
Like all emerging industries, DePIN’s rapid growth comes with structural challenges—high hardware costs, cold-start difficulties, and issues with node quality. DepinScan notes that while DePIN financing has grown significantly, overall industry revenue remains far from optimistic.
For projects, hardware production and global distribution are costly; operating costs for many DePIN projects exceed 50% of revenue. Retaining users and enabling them to actively manage rewards is still a major hurdle.
For users, the pain points are equally clear. Hardware sold on the market has at times suffered from opaque specifications or insufficient performance, making it difficult to distinguish genuine from unreliable devices. Even with legitimate equipment, deployment and maintenance often require significant technical expertise. On the other hand, reward models frequently lack transparency. According to Binance Research, the actual payback period of some DePIN projects differs drastically from projections, making it difficult for users to assess the value of participation.
Finally, limited public awareness is another obstacle. While many DePIN projects offer services that are more transparent and cost-efficient than centralized alternatives, their recognition outside the crypto industry remains low—hindering mass adoption.
Market Demand: A Needed Bridge
In this context, the market urgently needs a bridge that connects projects with users. On one side, projects need solutions for hardware distribution, user education, and community building. On the other, users need a simple, trustworthy entry point that lowers the barrier to participation, enabling them to contribute compute, bandwidth, storage, or environmental data and fairly share in this new industry’s rewards. This is precisely where Depinport comes in.
Depinport: Our Solution
Depinport is a one-stop platform for DePIN hardware and services. We offer not just device sales, but a comprehensive solution:
More importantly, we do not position ourselves as merely a “store.” Depinport’s vision is to be the bridge between projects and users.
Partnerships and Ecosystem
In terms of ecosystem collaboration, Depinport has established strategic partnerships with multiple leading DePIN projects, covering diverse fields such as computing power, gaming, communications, positioning, security, and IoT (as shown in the figure below), and we will continue to expand and update our ecosystem.
In the traditional DePIN direction (shared data mining):
In the crypto peripherals, payments, and security direction, we also see more playful and practical integrations:
Through these partnerships, Depinport not only brings high-quality DePIN devices to users—covering everything from personal gadgets to infrastructure—but also helps project teams connect with real Web3 enthusiasts and hardware builders, together fostering a continuously growing decentralized ecosystem.
Value for Users
On Depinport, users can easily browse and select quality projects, purchase and participate in nodes, and earn rewards through their contributions (compute, storage, connectivity, sensing). More importantly, they are not just “buyers,” but participants integrated into the project ecosystem—sharing in the long-term growth of projects and the industry.
Value for Projects
For projects, Depinport is a platform to build communities and user bases. We help projects reach Web3 enthusiasts and hardware hobbyists who are more than just node operators—they become core community members. This user-driven community model is far more sustainable and cohesive than relying solely on token incentives.
Through Depinport, projects can deliver hardware and convert users more efficiently, reducing costs while building healthy, active, and lasting communities.
Our Vision
At Depinport, we believe DePIN is not just a new sector—it is a forthcoming infrastructure revolution. As applications in AI, gaming, and IoT continue to expand, decentralized infrastructure will become the backbone of digital life.
Our mission is to make this revolution accessible to everyone—empowering users to participate and benefit, and enabling projects to reach and engage communities. Ultimately, we aim to build not just a platform, but an ecosystem co-created by projects and users together.
Official Links
Website: www.depinport.com
X: @depinport
Discord: https://discord.gg/y7Svh9V8
[Singapore March 20, 2023] Recently, Target Digital Engine, a digital engine under global retail giant Target Corporation (NYSE: TGT)
[Singapore March 20, 2023] Recently, Target Digital Engine, a digital engine under global retail giant Target Corporation (NYSE: TGT)
[Singapore March 20, 2023] Recently, Target Digital Engine, a digital engine under global retail giant Target Corporation (NYSE: TGT)