One useful way to think about DePINs is what you might learn by considering an example from Nature. The growth structure of a well formed DePIN reflects a common pattern in Nature; profligate seeding. One seahorse will give birth to 2,000 babies, a common octopus will lay 100,000 to 200,000 eggs at one time, and […]
DePIN
The Globe & Stick
Why thinking of Helium as a failure is dangerous by Nik Hawks, Josh Rosenthal, Max Gold A common theme Max & I encounter in conversations with DePIN founders is the idea that Helium (the decentralized wireless network that kicked off the modern DePIN ecosystem off) was a failure. Founders think of Helium as a failure […]
A Rough Guide To Helium Mobile
With a couple of hundred Helium IoT and Mobile deployments under our belt, and Mobile fast becoming of serious interest to lots of folks new to the space, we thought we’d quickly lay out how to use the Helium planner to estimate future rewards. If you’d prefer a deeper dive into understanding the HIPs that […]
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 […]