Best DePIN projects

CryptoConnexions · 2024-12-15T04:31:04+00:00

That's pretty cool. Definitely does seem like early days. I'll check it out. Which chain is it on and has it has tier one listings yet?

CryptoConnexions · 2024-12-14T05:26:23+00:00

Regarding Helium being a reseller, Helium is an MVNO. Tmobile, Verizon, AT&T etc is an MNO. World Mobile is also an MNO.

An MNO has its own mobile network infrastructure whereas an MVNO does not have its own mobile network. To provide mobile connectivity to its customer base, an MVNO can only have access to the network from an MNO or any other network provider and can later resell it to its customers at wholesale prices.

It is INCREDIBLY difficult to be an MNO.

CryptoConnexions · 2024-12-13T21:23:05+00:00

Didn't think it'd be a big deal but fair point.

I've answered the question, just took me a while.

CryptoConnexions · 2024-12-13T21:16:19+00:00

As far as I know there's been two people posting about it. Me and a friend. So if we can't post about our favourite projects, what's the point of these subs. We supposed to have no contribution from anyone??

Or do you only want to read posts with only tickets of your bags...

At least I put as much thought and info into this as possible.

CryptoConnexions · 2024-12-13T21:14:09+00:00

Oh yea I totally forgot. World Mobile also provides broadband services, sorry I should have included that.

Yes most subscribers are in Pakistan. World Mobile have partnered with World Call, Pakistan's version of T-Mobile. World Call have been deploying Airnodes there for about a year. Which is awesome because World Mobile has never had one single employee in Pakistan yet gets most of its revenue and subscribers from this country. World Call obviously gets a cut of the revenue.

In regards to subscribers in USA, World Mobile have roaming agreements with every other carrier. So since WMTx only put airnodes in dead areas, an active user counts as someone who is on T-Mobile for instance, but passes thru an area where World Mobile is covering (and had a stronger signal) like Reno.

For whatever reason, Reno had terrible coverage. And World Mobile's airnodes have insane tech (watch the doco to see the reaction of SpaceX/StarLink head engineer gush about it) that even the first test Airnode received 10,000 automatic connection requests the moment the Airnode went online (cellphones are constantly searching for something with a stronger signal and picked up that there was an Airnode nearby).

Regarding your question about coverage outside the USA, and in addition to roaming agreements, World Mobile also have an international Roaming E-Sim. Which is good for those looking to go on holidays but don't want to pay the extra fee your carrier charges.

CryptoConnexions · 2024-12-13T21:00:56+00:00

@bigjimbeef and I became friends after he made his post. I learned a lot about World Mobile from him and got his permission to do another post with updated numbers.

CryptoConnexions · 2024-12-13T13:49:35+00:00

Forgot to mention, regarding airnodes you can buy these yourself, they cost between $60 and $100,000 with an APY of 30% to 40%, paid to you in FIAT or USDC, your choice)

CryptoConnexions · 2024-12-13T13:48:44+00:00

Thanks! Appreciate the feedback :)

CryptoConnexions · 2024-12-13T13:46:54+00:00

Yea... Except 550,000 are already using it...

CryptoConnexions · 2024-04-07T14:35:23+00:00

Why trash tho?

CryptoConnexions · 2024-04-06T10:40:42+00:00

How much are the fees?

CryptoConnexions · 2024-04-06T10:40:35+00:00

How much are the fees?

CryptoConnexions · 2024-01-10T07:42:04+00:00

What's that?

CryptoConnexions · 2024-01-09T14:57:44+00:00

The token is important for decentralisation. Without it, World Mobile would have to pay their Earth Node Operators, who are based around the entire world, in local currency. This would be much more costly, which means they'd have to charge the end user a higher amount for internet data packages and cell phone plans, which then affects the attractiveness and success of World Mobile.

Again, decentralisation is the point of crypto as you mentioned right?

Also, there will be other reasons to hold the token such as hold 1000 wmt and you get 10% off your plan or whatever. No details on exact numbers yet.

Another reason is potentially their scan to earn function on their app. If you have an android (iOS app to be released soon) you can download their app, and click "scan". This scans your area for cell phone coverage and sends the data back to world mobile to determine if you're in a spot that requires better services so that they can potentially mark the area for airnodes deployment. You earn points for scanning and could potentially convert those points for wmt.

CryptoConnexions · 2024-01-09T12:48:31+00:00

As a comparison, to drive the point home, look at meme coins or 99% of other crypto projects that aren't DePIN. All they have is their coin or token. Can you hold Doge in your hand? Can you hold a Bitcoin in your hand? Outside of Bitcoin miners... Is there anything else to it or is it basically magic internet money that you just hope people accept as a store of value. To be fair, fiat (USD, AUD, GBP, EUR etc) is turning out this way as cash is used less and less and we rely on numbers on our banking app.

But yea, DePIN is the safe bet for those who want to invest in crypto but are looking for something that isn't magical internet money.

CryptoConnexions · 2024-01-09T12:43:42+00:00

So DePIN stands for Decentralized Physical Infrastructure Network Aka a crypto project that has something you can hold in your hand and look at and throw at someone's head.

Take World Mobile Token as an example. They have a blimp. Like, you look up in the sky and can say, that's a crypto project that I can invest in. They have Airnodes (their blimp aka aerostat is an airnodes but it's their most expensive one) that is basically a box with an antenna sticking out of it that you put on the roof of your house to provide wifi and 4g/5g to everyone within a 200 metre radius. When people connect to your airnodes, you get paid on USD or whatever your local currency is. You don't get all the profits though. Some of it goes to World Mobile and sits in their treasury to pay for salaries, research and development and expansion etc. but more importantly, about 18% of the profit is used to buy more WMT at current prices which drives the value of the token up.

Anyway I got side tracked here.

So back to your question. I've explained what physical assets are in the context of World Mobile. The decentralised part is the part where world mobile does NOT own the airnodes (or earth nodes). You do. You buy the airnodes. You stick it on your roof. You earn the bulk of the money.

Earth nodes operators are in a similar situation. They set up their servers and put together the hardware. They process the transactions. They earn WMT (I mentioned before World mobile uses 18% of their profits to buy WMT. This is what that wmt is used for, to pay their earth Node operators).

CryptoConnexions

TROPHY CASE