Decentralization has been the core ethos of the crypto industry since the introduction of Bitcoin. Certain legacy industries have proven ripe for disruption from decentralized competitors — most obviously finance, reflected in the emergence and rapid growth of DeFi.
This is just the start. Other major industries will not just benefit from decentralization; they will require it. And amongst those, Energy is just about the largest.
DeGEN, or Decentralized Generative Energy Networks, are onchain networks that use novel economic models to fund and coordinate distributed energy systems. They represent a critical new subsector of the cryptoeconomy and a massive opportunity to connect crypto to the real world.
This blog post will break down the decentralized power space, explore why decentralizing the power grid is not just possible but necessary, and highlight how Daylight Energy is leading the charge to bring the energy industry onchain, making power better, cheaper, and more accessible for everyone.
read more : https://paragraph.xyz/@daylightenergy/degen