# Akash created the DePIN category; 1700% YoY growth

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2024-12-18
- **Theme:** Crypto &amp; DePIN — https://www.gregosuri.com/predictions/crypto-depin/
- **Source:** Greg Osuri Founder Akash Network \| Cosmoverse Dubai 2024! (pinoyweb3TV)
- **Watch at:** 00:00:45 — https://www.youtube.com/watch?v=9zIidH8Cr2w&t=45s
- **Canonical:** https://www.gregosuri.com/predictions/crypto-depin/2024-12-18-akash-created-the-depin-category-1700-yoy-growth-6j25/
- **Cite as:** Greg Osuri, "Akash created the DePIN category; 1700% YoY growth," Greg Osuri Founder Akash Network \| Cosmoverse Dubai 2024! (pinoyweb3TV), 18 Dec 2024, 00:00:45. https://www.youtube.com/watch?v=9zIidH8Cr2w&t=45s

## Quote — verbatim

> Akash is the first one, so we set the standard. We also created this new category called DePIN — DePIN did not exist before Akash... we grew about 1700% year over year in user fees, we doubled our workloads in a year.

## Context — site annotation, not spoken

Differentiation answer; quantified growth claims as of late 2024.
