Dragonfly Partner Discusses DePIN Projects

According to Odaily, Dragonfly Managing Partner Haseeb Qureshi recently shared his views on the X platform regarding DePIN projects, which involve decentralized physical infrastructure. Qureshi emphasized that the less physical (P) components involved in these projects, the better. He argued that any purely physical elements significantly increase verification costs and fraud rates, leading to centralization. In contrast, digital verification tasks, such as storage and computation, are easier and more scalable compared to physical work.