What is Mycelium Networks?

Mycelium Networks is an enterprise grade decentralized physical infrastructure (DePIN) deployer and operator. Based out of Fayetteville, Arkansas, Mycelium Networks has created the world’s first physical DePIN testing grounds and real-world laboratory. To understand what Mycelium Networks accomplishes, you need to speak their language.

Internet of Things

The Internet of Things (IoT) describes the network of physical objects (things ) that are embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the internet. Over the past few years, IoT has become one of the most important technologies of the 21st century. Digital systems can interact, between connected systems. Allowing the physical and digital world to cooperate seamlessly. This hyper connectivity reaches new heights with the advent of DePIN.

DePIN

Decentralized Physical Infrastructure Networks (DePINs) harness the power of blockchain and crypto-economic protocols. This technology makes use of web3 to incentives users to contribute to the network. DePIN creates a connection between physical assets and the blockchain. The major role players are physical assets, or assets controlled by a provider, a middleware connecting them to the blockchain, and a public ledger that…