Crypto Altruism Podcast Episode 166 - Arkreen - DePIN for globally-distributed renewable energy resources
In episode 166, we’re excited to welcome Leo Lin, Founder of Arkreen, a Web3-powered infrastructure network for global distributed renewable energy resources. We dive into the role of Decentralized Physical Infrastructure Networks (DePIN) in achieving net zero, how Web3 can empower individual climate action and make renewable energy accessible to the masses, and much more.
Three Key Takeaways
Decentralized Physical Infrastructure Networks (DePIN) leverage blockchain and decentralization to implement physical networks, such as a renewable energy network or data storage network. True DePIN projects are permissionless and owned by the community.
Token economies can be a key tool for engaging a global community in climate action by creating innovative new mechanisms to incentivize climate action on both the supply side and demand side. It can make investing in renewable energy more accessible to the average individual by fractionalizing projects that would traditionally only be accessible to high net worth individuals and companies.
DePIN can be a great tool for balancing public goods and commercial sustainability. On the one hand, since decentralized infrastructure networks are owner by the community, they serve as a great primitive for building public goods projects. On the other hand, tokenomics can be leveraged to bring value into the ecosystem and build long-term commercial sustainability.
Follow Leo and Arkreen Network
Episode Time Stamps
02:00 - What was your “Ah hah” moment that first got you excited about cryptocurrency and web3?
05:35 - To start things off, can you please give listeners a quick intro to the mission of Arkreen Network?
06:40 - Tell me more about the meaning of the name Arkreen.
07:50 - The concept of Decentralized Physical Infrastructure Networks (DePIN) has gained a lot of momentum recently. Can you please give an “explain it like I’m 5” of DePIN?
11:45 - How does Arkreen make climate action more inclusive to the average individual?
19:45 - Arkreen Network is based on three tech pillars: the Internet of Things, blockchain, and the token economy. Why is blockchain important to this project?
24:30 - Tell me more about the token economy behind Arkreeen. What role can tokenomics play in powering climate action?
30:40 - Tell me more about the GreenBTC project to offset Bitcoin’s legacy carbon emissions?
35:55 - Tell me more about the different Miner options.
39:50 - What’s the best way for listeners to get in touch and learn more about Arkreen Network?
42:50 - To wrap things up, if you could name one thing that excites you most about the social impact potential of web3, what would it be and why?
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DISCLAIMER
While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More available HERE.
