DePIN is looking bullish, the strategies are pretty much the same: sell nodes, mine coins, list them, and then what? Nothing more. Projects that can survive a full cycle are few and far between.
I've taken a closer look at @AethrProtocol, and the reason is simple: they don't just want to hang around in the crypto space.
The team is pushing for compliance to list on Nasdaq. It's not just talk; they're genuinely pursuing profit buybacks and compliant paths like STOs. They aim to anchor $AET to the stock prices of listed companies, making the token more than just a token, but something with equity attributes. This mindset is indeed rare in DePIN, where most projects struggle just to get listed, let alone touch the traditional capital markets.
Their positioning is also different from typical hash power projects. They’re not just selling GPU time; they provide a dual-resource network of computing power and bandwidth, laying the foundational energy infrastructure for AI. They don’t build AI but give it a place to run, somewhat like the relationship between appliances and the power grid. No matter how advanced the appliance, it's just a decoration without power.
Is the narrative big? Definitely, but the bigger the story, the more time it takes to deliver. The road to compliant listing is a tough battle, and the technical threshold for integrating dual resources is significant; it's not just about painting a pretty picture.
Just to touch on the economic model: node activation costs 10 oil, monthly electricity is 25 oil, with a daily output of 4 oil. Withdrawals come with a time lock: after 15 days, you can only take 25%, after 30 days, 50%, and after 60 days, you can withdraw the full amount. Levels range from V1 to V5, with weights increasing from 1x to 1.6x. Higher levels also have reduced electricity costs. The whole design is basically a filter, weeding out the short-term players and leaving those willing to stick around.
$AET #AethrProtocol #BinanceSquare #DePIN
I've taken a closer look at @AethrProtocol, and the reason is simple: they don't just want to hang around in the crypto space.
The team is pushing for compliance to list on Nasdaq. It's not just talk; they're genuinely pursuing profit buybacks and compliant paths like STOs. They aim to anchor $AET to the stock prices of listed companies, making the token more than just a token, but something with equity attributes. This mindset is indeed rare in DePIN, where most projects struggle just to get listed, let alone touch the traditional capital markets.
Their positioning is also different from typical hash power projects. They’re not just selling GPU time; they provide a dual-resource network of computing power and bandwidth, laying the foundational energy infrastructure for AI. They don’t build AI but give it a place to run, somewhat like the relationship between appliances and the power grid. No matter how advanced the appliance, it's just a decoration without power.
Is the narrative big? Definitely, but the bigger the story, the more time it takes to deliver. The road to compliant listing is a tough battle, and the technical threshold for integrating dual resources is significant; it's not just about painting a pretty picture.
Just to touch on the economic model: node activation costs 10 oil, monthly electricity is 25 oil, with a daily output of 4 oil. Withdrawals come with a time lock: after 15 days, you can only take 25%, after 30 days, 50%, and after 60 days, you can withdraw the full amount. Levels range from V1 to V5, with weights increasing from 1x to 1.6x. Higher levels also have reduced electricity costs. The whole design is basically a filter, weeding out the short-term players and leaving those willing to stick around.
$AET #AethrProtocol #BinanceSquare #DePIN