ON–325: DePIN Pt. 2 🛜
Coverage on DePIN Economics, Aethir, Lit, Silencio
📝 Editor’s Note:
Welcome to part 2 of OurNetwork’s DePIN week.
After digging into DIMO, Livepeer and GEODNET in Tuesday's issue, we’re taking a look at the economics of DePIN, courtesy of Robert Koschig, of the venture firm 1kx. We're also getting a look at Aethir, the cloud compute network, Lit, the security and identity network, and Silencio, the noise-monitoring network. Let's dig in.
– ON Editorial Team
DePIN Pt. 2 🛜
DePIN Economics | Aethir | Lit | Silencio
👥 Robert | Dashboard
📈 The DePIN Flywheel is Spinning as Revenues have 10x’d Over the Past Two Years and Exceed Token Reward Emissions for Several DePINs
In a series of articles the venture firm 1kx and research platform, Messari, analyzed the tokenomics of DePINs. Core is the flywheel of overcoming the chicken-egg problem of lacking demand due to insufficient supply. DePINs are on a good track — revenues 10x’d over the past two years, with annualized revenues exceeding $ 1M for more than 10 of the 20 DePINs with data available. For some, like Arweave, these revenues started to exceed the emitted rewards.
