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Tag: decentralization

DePIN Networks and Utility Tokens: Legal Considerations for the Physical Applications of Blockchain Technology.

Imagine creating a product that sells data, such as a mapping or telecommunications service. These are capital-intensive businesses with immense startup costs. Barriers to entry may seem insurmountable – after all, if you wanted to compete with Verizon or AT&T, the cost and availability of cell phone towers alone would be cost-prohibitive. Same with competing…

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