📑Market

With the rapid development of global AI technology, artificial intelligence is no longer confined to the laboratory stage, and is now widely used in practical scenarios, and has become an important engine to promote global economic growth. According to statistics, the size of the global AI market reached $538.1 billion in 2023, and is expected to exceed the trillion dollar mark by 2024.AI technology has penetrated into many industries, such as finance, healthcare, education, manufacturing, etc., through the in-depth application in the fields of data analytics, natural language processing, computer vision, etc. However, the traditional AI applications are mostly centralized and managed, which makes data management difficult. However, traditional AI applications are mostly centralized, which makes the problems of data privacy, security and resource monopoly more and more serious.

Blockchain Markets and Ecology

Blockchain technology, as a decentralized distributed ledger, provides a solid foundation for the global digital economy by virtue of its data security, transparency, and tamper-proof features. by 2024, the global Web3 market size is expected to reach $30,000,000,000,000, and blockchain technology will become an indispensable and important infrastructure in the future digital economy. However, the current blockchain ecosystem still faces high technical thresholds, single application scenarios, and complex cross-chain interactions, which limit its wide application in more scenarios.

DePin: On-Chain Derivatives Agreement

It is based on the ethereum blockchain and allows users to create, trade and automatically settle derivative contracts

Its main features include:

Chain-native: All contracts and settlements are executed on the Ethernet blockchain, ensuring transparency and tamperability.

No Collateral Required: Users are not required to provide collateral when trading derivatives, which significantly lowers the transaction threshold and increases capital efficiency.

Multi-Asset Support: DePin supports a wide range of underlying assets, including cryptocurrencies, stocks, and commodities, enabling users to trade all types of derivatives.

Automated Settlement: Upon contract expiration, the settlement process is automated, eliminating the counterparty risk found in traditional markets.

Key use case: Hedging Risk: By trading derivatives, users can hedge their exposure to specific assets.

Speculation: Traders can speculate and earn profits by predicting changes in the value of the underlying asset.

Yield Enhancement: Users can earn additional income by providing liquidity to the market. Current

Positions: Currently, the most active contracts on DePin include ETH/USD and BTC/USD, and these contracts are listed on several decentralized exchanges such as Uniswap, SushiSwap and 1inch.

Future Predictions: The DePin ecosystem is expected to grow as the on-chain derivatives market develops, with more exchanges and users adopting the protocol, further driving market maturity. The launch of DePin brings a convenient and efficient solution for blockchain derivatives trading, especially in the Decentralized Finance (DeFi) environment.

Current Issues and Opportunities Facing the Market Against the backdrop of the convergence and development of DePIN and blockchain, while the combination of the two offers unprecedented possibilities for the digital economy, it also brings with it a series of challenges and opportunities.