PHY

DePHY Network

BNB ChainDePIN

Price
$0.00004973
24h
+4.0%
7d
−5.1%
Market cap
$3.6K
24h volume
$0

binance-smart-chain 0xd029b392580d555f35cca1987f27d248cf883716

Report

DePHY Network (PHY) is a infrastructure on BNB Chain. 72.3M of a maximum 1B are in circulation, or 7%. It ranks 14431st by market capitalisation among the coins tracked here. The project publishes its website, whitepaper, source and explorer.

The emergence of Decentralized Physical Infrastructure Networks (DePIN) represents a paradigm shift in how we approach infrastructure development and management. Traditional infrastructure systems are typically centralized, capital-intensive, and controlled by a small number of entities. DePIN introduces a new model where infrastructure deployment, maintenance, and operation are decentralized across numerous participants, incentivized through tokenization and blockchain technology.

DePHY has gained significant traction across various sectors, including telecommunications, energy distribution, data storage, and sensor networks. Our core innovation is the ability to coordinate and incentivize distributed infrastructure deployment without central coordination, leveraging blockchain technology's inherent properties of transparency, immutability, and programmable incentives.

DePHY Network's own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
72.3M
Total supply
1.0B
Max supply
1.0B

Supply as of 51m ago