Sami

@kassab

82 Following

49 Followers

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Definitely. Using Web2 data can help: 1) Supply side providers can use this data to bootstrap their reputation 2) Data can be used to verify that a certain action was completed in the real world.

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Will be joining a fund focusing on crypto x ai! Will be going fully public on details next week :)

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There are numerous non-AI/compute DePINs I'm still bullish on like Hivemapper, Helium, and DIMO. But TBH, I haven't seen many new DePIN projects emerge that are doing anything novel or really interesting. Most are just copying blue chip depins. But this will change and there are exciting areas like decentralized energy

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- extremely talented individuals mining - Const's magnetic charisma and ability to get ppl to follow him - fairlaunch; this matters more than ppl think when skeptical AI folks are the target (supply and demand) of the network - generalizability of the protocol - novelty of yuma consensus - btc-like ethos

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/depin 8. If you had to describe it in simple terms, what’s made you so bullish on bittensor vs other projects? Are you still bullish on non-AI DePINs? Does your answer change for hardware vs software based? answer below

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I'd say network effects are the real moats. You can easily fork/copy every aspect of a DePIN except for a community that's committed to a specific project. Combining that with a permisionless network (on supply and demand side) only strengthens the moat

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/depin 7. Which of these “depin philosophies” do you believe in? >maximizing LTV/CAC per connected device is the moat (Dimo esque) >consensus mechanisms are the real moats (Gensyn esque) >permissionlessness is the real moat (Bittensor esque) >network effects are the real moats (Helium/Hivemapper) answ below

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I studied twitter accounts and personalities that I respected and transferred some of those learnings into my own brand. Overtime, I identified my unique traits and leaned into them. I learned that ppl really value authenticity and just want someone to explain things in simple terms.

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The most important thing I learned was how to build a brand and use social media to do so. In this day and age, there is so much written content out there that you need something unique about yourself to stand out from the crowd. I slowly learned this at Messari, and started leaning into becoming 'the depin guy'

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/depin 5. What were your favorite parts about working at Messari? What was the most important thing you learned? Favorite parts: - the people there - having the ability to focus on whatever I found interesting - every project wants to talk to you (because they all want you to write about them lol) cont.

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It's much easier to convince retail to buy a ~$200-$400 device than it is to convince a professional deployment company to invest their time and purchase ~$2000 hardware to build out your network

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I’d say it’s a close linear relationship. The DePIN networks that have been the most successful this far have been the ones where your average person can contribute to the supply-side (hivemapper, helium 5G (wifi hotspots, not CBRS radios, Render)

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/depin 4. Is the relationship between operational difficulty and supply side buildout/adoption for depins a close, linear relationship or is it nonlinear? Or is it all about ROI for early adopters? (answer below)

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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

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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

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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

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/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)

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People love passive token earning opps. Just look at Grass, which has surpassed 1.2M contributors. Yeah the barrier to entry is much lower since you only have to install an app/extension, but what attracts ppl is that they can earn tokens w/out doing anything. And Heliums mobile plan will offer a similar experience

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/depin 2. At this rate of Helium new subs, where you see Helium 1 year from now? I wouldn't be surprised if it Helium hit 1 million subs then. Retail coming back to crypto will accelerate the rate of new subs. The opp to earn MOBILE tokens w/ the phone plan is going to entice them to sign up

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-ZKPs can be used to create verifiable identity primitives onchain. Ex: As an Uber driver, you could connect your Uber account and use that to bootstrap your reputation in a decentralized ride sharing app

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