DePIN

/depin 

3. What are your thoughts on retail investing in early DePIN products? There is a negative/challenging aspect: as network participation grows, it causes an increase in sell pressure from new participants, preventing token prices from reflecting network growth

(answer below)

This happens in every vertical w/in crypto. The whole point of the game is to be early so you can make money. But within DePIN it’s a lil different. If you were early to Helium, you prob had a passion for wireless tech and spent a lot of time becoming part of the Helium community and contributing to the network

cont

And throughout that process, you likely started to feel like a partial owner of this network. And so just because price goes up, didn't mean you were going to sell all your tokens. You likely believed in the projects future and were holding for the long run

Additionally, the way DePINs are architected is that the token's price is linked to the network's usage. So as network usage increases, tokens are usually either getting burned or staked by service providers which could counteract some of the selling by early contributors