Max & I have always taken for granted that the “payback period”, commonly and incorrectly called ROI (for Return On Investment), is what drives miner sales in DePIN projects. The Payback Period is calculated at its simplest through dividing the cost of the miner by it’s daily earnings. Obviously that simple calc has a few […]
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The DePIN Incentive Cycle – Onboarding Fees
How can onboarding fees help your DePIN project? This post is part of a series exploring the DePIN Incentive Cycle. Our goal is to help you understand the various tools and strategies that a project can use to navigate the complexities of this new form of business. Let’s start the discussion of onboarding fees by […]
The DePIN Lifecycle: State of the Art
As a business model, DePINs are new. We have not yet completed a cycle where a project has reached escape velocity, moving from crypto experiment to a real world going concern. We have, however, seen the beginning and probably well past the midpoint of a cycle. While the old proverb goes “You can’t win the […]
Success From The Bottom: Building In A Bear
by Nik Hawks & Max Gold In a DePIN bear market, the only thing that matters is whether or not you’re improving the key aspects of your project. Let’s go through what you need to be doing to maximize your project’s chance of success. Deploy miners where it counts. Every network has an optimum topology. […]
Winning the DePIN War: Unleash the Power of Structure, Story, and Catalyst
by Nik Hawks, Max Gold, Alexander Krongard DePIN: Decentralized Physical Infrastructure Networks DePIN project founders and investors tend to be Wild West types; willing to risk it all, competent in their field, with a streak of independence that can be at times startling. Still, you need more than a high risk tolerance, competence, and the […]