Overview of the Decentralized Physical Infrastructure Network (DePIN)

charge.xyz operates as a Decentralized Physical Infrastructure Network (DePIN), which is a system where physical assets (charging stations) are managed and maintained by a decentralized network of participants. This model contrasts with the traditional centralized approach, providing several key benefits:

• Enhanced Accessibility: More charging stations are available in more locations, reducing range anxiety for EV owners.

• Community Engagement: Local communities can set up and maintain charging stations, fostering a sense of ownership and responsibility.

• Cost Efficiency: By decentralizing the infrastructure, the costs associated with building and maintaining charging stations are reduced.