A New Star Rises in the DePIN Field, Disrupting the Traditional Cloud Computing Landscape

Recently, a significant news has emerged in the DePIN track that has attracted considerable attention. A project named Impossible Cloud has received strategic investment, achieving an astonishing valuation of 470 million USD. The investor was an early supporter of a well-known IoT project and a large technology company, which undoubtedly brings great recognition to Impossible Cloud. So, what exactly sets this project, which claims to challenge traditional cloud computing giants, apart? Let’s delve into its technology and business logic.

First, we need to understand the current dilemmas in the cloud computing market. The market is monopolized by a few tech giants, resulting in a phenomenon of "new centralization." This has led to three main issues: continuously rising service prices, users being deeply bound and finding it difficult to disengage, and companies losing complete control over their own data. The goal of Impossible Cloud is to address these issues through a decentralized cloud infrastructure network, which is also the core value of the DePIN project.

The technical architecture of Impossible Cloud can be simplified into a three-layer system:

1. Hardware Layer: Provided by global hardware vendors contributing enterprise-grade equipment to ensure service stability.
2. Service Layer: Service providers build various cloud products on top of hardware resources.
3. Monitoring Layer: Responsible for monitoring and verifying service quality, addressing the common validation challenges faced by DePIN projects.

These three layers operate in coordination through a proprietary protocol, forming a self-regulating ecosystem. Compared to other storage-type DePIN projects, the architecture of Impossible Cloud resembles a "cheat-proof system" for cloud services.

In terms of business strategy, Impossible Cloud has chosen to first establish its business before developing its token economy. It is reported that the project has attracted over 1,000 European and American enterprise clients, with annual revenue exceeding $5 million and a growth rate as high as 2000%. They focus on storage services as a starting point, concentrating on serving B2B clients, a strategy that helps to establish a stable cash flow.

The tokenomics design of Impossible Cloud is also quite distinctive. It includes three main aspects: a staking mechanism, a payment medium, and a reward tool, making the token the "blood" of the network rather than just a speculative tool. This design directly links the token's value to the actual business scale, avoiding many of the inflation problems commonly seen in DePIN projects.

The project team background is also quite strong. The founder holds a doctorate and has previously created and listed a gaming company. Core members have extensive experience in the gaming and cloud storage fields, and the technical lead also holds relevant patents. The project has secured $18 million in funding, with investors spanning both Web3 and traditional sectors.

According to market forecasts, the global cloud infrastructure market is expected to generate annual revenue of approximately $313 billion, reaching $837.97 billion by 2034. Impossible Cloud's goal is to become the "cloud computing giant of Web3," and even capturing just a small portion of the market presents a considerable business prospect.

Overall, Impossible Cloud represents an important attempt for Web3 technology to penetrate core IT systems of enterprises. It merges the advantages of Web2 and Web3, paving a more pragmatic and feasible path for blockchain technology in enterprise-level applications. This innovative model not only has the potential to disrupt the traditional cloud computing landscape but also holds promise in advancing the entire DePIN sector.