TLDR:
Key Points:
- DePIN and AI are set to collide, offering real-world usability and value for providers and network participants.
- FutureMoney Group, an Asia-based VC firm, is focusing on the DePIN industry and AI with a $50 million asset management scale.
In an interview with FutureMoney Group, co-founders Steven Li and Eo Hao discuss the current state of the DePIN ecosystem and how it can expand the Web3 space. DePIN, decentralized physical infrastructure networks, plays a vital role in merging the traditional world with the advancements of Web3 and blockchain technology. Here are some key elements highlighted in the interview:
The DePIN ecosystem features:
- Integration of hardware, primarily focusing on mobile terminals, vehicle terminals, and mining machine terminals.
- The combination of hardware and token economics, with a focus on the staking function, leading to the emergence of DePINFi and AIFi.
FutureMoney Group, known as the first VC in Asia focusing on the DePIN field, closed a $20 million fund to invest in DePIN-related products and services. The company was attracted to the DePIN space due to the increasing market value of Web3 and the growing importance of connecting blockchain technology to the real world. With a portfolio that covers various subdivisions of the DePIN sector, FutureMoney Group aims to support early-stage startups and provide Asian investors with opportunities to allocate crypto assets.
FutureMoney Group’s investment practices include three main products: DePIN Surf, DePIN Index, and major market investments. The company has successfully launched the world’s first DePIN Index and was recognized as a representative DePIN VC in Asia by Messari. Looking ahead, the co-founders believe that DePIN, AI, and RWA will play significant roles in expanding the breadth of Web3 and contributing to the future development of the DePIN space.
