Depin is Crypto's Breakout Niche - INSANE Potential

Summary

In this video, the host delves into the burgeoning potential of DeFi's breakout technology, Decentralized Networks (DPIN), highlighting its significant use cases and mainstream adoption. They underscore the importance of DPIN in crowdsourcing capital expenditures, exemplified by Helium's mobile data network, and discuss how it creates real-world value and utility for tokens. The host also offers investment insights, advising viewers on identifying promising DPIN projects by assessing their real-world utility, cost advantages, tokenomics, and ability to incentivize valuable supply. The video concludes with the host's bullish stance on DPIN, particularly Helium, and the potential of new blockchains like Solana and Peak for broad exposure to this sector.

Takeaways

• 🚀 Deep tech (deepin) is a breakout technology in the crypto space, offering innovative use cases and potential mainstream adoption.
• 🌐 The technology allows for the crowdsourcing of capital expenditure (capex), enabling the creation of decentralized networks at a fraction of the cost of traditional methods.
• 📡 Examples include decentralized mobile networks like Helium, which incentivize individuals to provide mobile data through small nodes, disrupting the traditional cell tower model.
• 💡 The value proposition of deepin lies in its ability to provide real-world services and create tangible value, distinguishing it from purely speculative crypto projects.
• 💰 Deepin projects often require the use of their native tokens to incentivize network participation, ensuring a demand for the token and a real-world use case.
• 🔄 The growth of deepin networks is driven by a positive feedback loop: as more participants join and provide services, the network's value and utility increase, attracting more users.
• 📈 Helium has been a standout performer in the deepin sector, with its mobile network offering a cost-effective alternative to traditional mobile data plans.
• 🌐 Other niches within deepin include decentralized sensor networks, which gather and sell data, and decentralized connectivity solutions aiming to provide affordable internet access.
• 💼 For investors, evaluating deepin projects involves assessing the utility of the service, the tokenomics, the demand for the token, and the project's ability to incentivize valuable network contributions.
• 📊 Investing in deepin can be approached broadly through exposure to underlying blockchains like Solana or more directly by investing in specific deepin tokens, with Helium's HNT token being a notable example.

Q & A

What is the main topic discussed in the video?

The main topic discussed in the video is the potential of 'deep in' technology within the crypto space, focusing on its use cases, investment opportunities, and how it's starting to gain mainstream adoption.

What does 'deep in' technology refer to?

In the context of the video, 'deep in' refers to decentralized infrastructure networks that utilize blockchain technology to crowdsource capital expenditure (capex) for various services like mobile data, storage, and compute power.

Why is the speaker particularly interested in 'deep in' technology?

The speaker is interested in 'deep in' technology because it offers real-world use cases, creates tangible value, and has the potential for mainstream adoption, making it a promising sector for investment.

How does 'deep in' technology allow for the crowdsourcing of capex?

'Deep in' technology enables the crowdsourcing of capex by incentivizing individuals to contribute resources like data or computing power to a decentralized network, often through token rewards, thus reducing the need for massive upfront investments.

What is an example of a 'deep in' project mentioned in the video?

An example of a 'deep in' project mentioned is Helium, which aims to create a decentralized mobile network by incentivizing people to set up nodes that provide mobile data coverage.

Why is Helium's mobile network considered a significant 'deep in' use case?

Helium's mobile network is considered significant because it offers a cost-effective alternative to traditional mobile data plans, with a service that is significantly cheaper than mainstream offerings, potentially disrupting the mobile data market.

What are some other 'deep in' sectors discussed in the video?

Other 'deep in' sectors discussed include decentralized sensor networks, decentralized storage, and decentralized compute power, each aiming to provide real-world services in a decentralized manner.

How does the video suggest identifying a good 'deep in' investment?

The video suggests looking for projects that provide real-world utility, have significant cost or efficiency advantages, have strong tokenomics that create demand for the token, and can incentivize higher value supply.

What are some challenges faced by 'deep in' projects according to the video?

Challenges faced by 'deep in' projects include regulatory issues, competition with established web 2 incumbents, and the need to offer substantial cost or performance advantages to attract users away from traditional services.

Why does the speaker believe 'deep in' could be a strong performer in the crypto market?

The speaker believes 'deep in' could be a strong performer because it offers tangible services and products that are not purely speculative, has the potential for broad user adoption, and can disrupt large markets with its decentralized approach.

Outlines

00:00

🚀 Introduction to DeFi and Deep Infrastructure (Deepin) Projects

The speaker introduces the concept of DeFi and Deep Infrastructure (Deepin) projects, highlighting the potential of crypto's breakout technology. They express a keen interest in Deepin, considering it a sector that's gaining mainstream adoption and attention. The speaker aims to guide viewers on identifying good Deepin investments, warning about the challenges in discerning the utility of various Deepin projects and the correlation between utility and token value. The example of Helium, a decentralized mobile network, is used to illustrate how Deepin projects operate, focusing on the token incentives that drive the setup of nodes and the creation of a decentralized network.

05:01

🌐 The Virtuous Cycle of Deepin Networks and Real-World Value

This paragraph delves into the operational dynamics of Deepin networks, emphasizing the 'virtuous flywheel' effect where increased participation enhances network quality, attracting more users. The speaker contrasts Deepin with traditional crypto projects, noting that Deepin revenues stem from tangible services rather than speculation. They discuss the potential of Deepin to disrupt large markets and the benefits of decentralization over traditional web 2.0 models. The paragraph also touches on the performance of Helium, highlighting its growth from an IoT provider to a mobile data network and its affordability compared to traditional service providers.

10:01

📡 Exploring the Connectivity Sector within Deepin

The speaker explores the connectivity sector within Deepin, using Helium as a case study to demonstrate the practical application of Deepin principles. They discuss how Helium's mobile network has eclipsed its original IoT focus, attracting major carriers and individual users. The paragraph also introduces other Deepin projects in the connectivity space, such as Hive Mapper for mapping data and Grass for selling excess bandwidth. Challenges like legal gray areas and the need for regulatory clarity are mentioned, along with the potential of these projects to offer cost-effective alternatives to traditional services.

15:03

💡 Diverse Applications of Deepin in Sensor Networks and Broadband

This section expands on the diversity of Deepin applications, particularly in sensor networks and decentralized broadband. Projects like Hive Mapper, Grass, and Godod Net are highlighted for their innovative approaches to data collection and service provision. The speaker discusses the potential of these networks to offer superior services at lower costs, while acknowledging the legal and regulatory hurdles that must be overcome. The paragraph also touches on the challenges faced by decentralized storage and compute projects, questioning their competitiveness against established market players.

20:03

💹 Investing in Deepin: Strategies and Considerations

The speaker offers advice on investing in the Deepin niche, suggesting strategies for those who may not wish to invest in individual projects. They propose investing in Solana as a way to gain broad exposure to Deepin networks, given many are built on this blockchain. The paragraph introduces new blockchains like Peak and IoTeX, designed specifically for Deepin, and discusses their potential advantages. The speaker also outlines key factors to consider when investing in individual Deepin projects, such as the provision of useful services, tokenomics, and the ability to incentivize high-value supply.

25:06

🌟 Conclusion and Outlook for Deepin's Future

In the concluding paragraph, the speaker reiterates their bullish stance on Deepin, predicting it to be a top-performing sector in the crypto market. They emphasize the importance of user-friendly services and the potential for 'normies' to participate in and benefit from Deepin networks. The speaker also plans to create a ranking of Deepin coins, encouraging viewers to subscribe for updates. The paragraph ends with a summary of the key points discussed and a thank you note to the viewers.

Keywords

💡Deepin

Deepin refers to decentralized networks that utilize blockchain technology to crowdsource capital expenditures (capex) for infrastructure, such as mobile data networks. In the video, the speaker discusses how deepin technology allows for the decentralization of services like mobile data, where individuals can contribute to a network by setting up nodes, which is a significant cost-saving measure compared to traditional centralized infrastructure. The video emphasizes deepin's potential for mainstream adoption and its real-world use cases, such as Helium's mobile network.

💡Crowdsourced Capex

Crowdsourced capex is the process of decentralizing the funding and setup of infrastructure by incentivizing individuals to contribute their resources, like setting up nodes for a mobile data network. The video explains this concept with the example of Helium, where instead of companies investing millions in cell towers, individuals can set up nodes that provide mobile data, thus reducing the initial capital expenditure required to establish a network.

💡Helium

Helium is highlighted in the video as a prominent deepin project that has transitioned from being an IoT network provider to offering mobile data services. The video discusses how Helium's network allows users to access unlimited data plans at a significantly lower cost than traditional providers, making it an attractive option and a practical example of deepin technology in action.

💡Token Incentives

Token incentives are digital assets or cryptocurrencies used to motivate participants to contribute to a network by providing services or resources. The video explains that in deepin projects, tokens are given to individuals who set up nodes or provide other services, creating a positive feedback loop that encourages network growth and token value appreciation.

💡Real World Use Case

A real-world use case refers to practical applications of technology that solve tangible problems or fulfill specific needs outside of speculative investment. The video emphasizes the importance of deepin projects having real-world use cases, such as providing affordable mobile data through Helium, which is a key factor in their potential for mainstream adoption and long-term value.

💡Virtuous Flywheel

The virtuous flywheel is a concept in the video that describes a self-reinforcing cycle where increased participation in a network leads to improved services, attracting more users and further enhancing the network. This cycle is exemplified by the growth of Helium's mobile network, where more nodes lead to better coverage and service, encouraging even more users to join.

💡Decentralized Sensor Networks

Decentralized sensor networks are a type of deepin project where data is gathered by distributed sensors and then sold to interested parties. The video mentions Hive Mapper as an example, where drivers equip their cars with cameras to collect mapping data, which is then used to create up-to-date maps, offering a more current alternative to traditional mapping services like Google Maps.

💡Decentralized Storage and Compute

Decentralized storage and compute refer to services where individuals can contribute their excess storage space or computing power to a network, which is then utilized by others. The video discusses how these services aim to provide cheaper alternatives to centralized cloud services but notes that the cost advantage may not yet be significant enough to drive widespread adoption.

💡Tokenomics

Tokenomics is the study of the economic structure of a cryptocurrency or digital asset, including its distribution, supply, and mechanisms for value creation. In the context of the video, good tokenomics are crucial for a deepin project's success, ensuring that there is a real demand for the token, either through burning mechanisms or staking requirements, which supports the token's value.

💡Incentivizing Higher Value Supply

Incentivizing higher value supply means rewarding participants who contribute more valuable resources or services to a network. The video uses the example of providing better rewards for setting up nodes in areas with less connectivity, which is a strategy to encourage the growth of network coverage in underserved regions.

Highlights

Deep tech is potentially crypto's breakout technology with interesting use cases.

Deep tech allows for crowdsourcing of capital expenditures (capex).

Helium is an example of a decentralized mobile network using deep tech.

Deep tech incentivizes people with tokens to set up nodes and provide services.

Tokens in deep tech have real-world use cases and are necessary for network growth.

Deep tech networks can selectively incentivize nodes in areas with high demand or low coverage.

Helium's mobile network is one of the first crypto products to gain mainstream appeal.

Deep tech projects aim to disrupt large markets with tangible services.

Decentralized sensor networks gather data and sell it, providing real-world value.

Decentralized connectivity is a significant sector within deep tech.

Decentralized storage and compute are sectors within deep tech but face challenges.

Investing in deep tech can be done through projects like Helium or broader exposure via Solana.

New blockchains like Peak and IoTeX are being designed specifically for deep tech.

Investing in deep tech projects requires evaluating their utility, tokenomics, and ability to incentivize valuable supply.

Deep tech is expected to be a top-performing sector in the crypto market due to its real-world applications.

Transcripts

all right good evening ladies in today's

video we're going to be talking about

potentially crypto's breakout technology

one of the most interesting use cases to

ever come out of crypto in my opinion

and the first cycle where this

technology or where this Niche within

crypto is really starting to hit bit of

mainstream adoption as well as really

hitting the mainstream narrative and of

course that is deep in I'm going to

explain exactly why deepin is the sector

that I'm paying possibly the most

attention into right now and one that I

want to invest more of my own Capital

into one of the most interesting use

cases in my opinion and I'm also going

to share with you at the end of the

video how to identify what is a good

deepin investment I'm going to give you

all the things you should watch out for

or the things you should look out for

when investing into a deepin project

because there's a billion different

deepin projects now and it's kind of

hard to know like from an investment

perspective might be like easier to

determine is this actually useful for

people but that doesn't necessarily

always mean the token is going to pump

so I'm going to share exactly how you

can identify which tokens are going to

pump in the deepin sector as well

towards the end of the video but first

like an overview of deepin why what is

dpin and why is it so useful it

essentially allows you to crowdsource

capex so probably the best way to

explain it was is with some examples

like maybe mobile data instead of having

to set up these huge cell towers all

throughout the city which would cost

millions or hundreds of millions to set

up a new mobile network now instead

you're decentralizing a mobile network

by everyone getting these little nodes

sticking it in their house or sticking

it on their business on their shop and

providing that mobile data for a

decentralized network and then people

can connect to this mobile network so

this is what helium with mobile is doing

and it's it's a much cheaper way and

it's a much better way to organize it

because you can put this mobile data you

can incentivize people to put one of

these nodes somewhere like you can give

better

rewards if someone puts a node somewhere

where there is no connectivity as

opposed to having to build a huge cell

tower but how do you actually get a

decentralized network of nodes to do

this well obviously you're giving them

token incentives to set this up so you

get rewarded the whatever deep in in

this case it would be mobile tokens but

whatever deep in coin you're going to be

getting those coins for providing that

real world service so it's actually

providing a real world use case and in

order to access that product you're

going to have to essentially buy those

buy buy those tokens and burn those

tokens a lot of the time and you might

not actually be doing this on the front

end but on the back end that's what's

happening so there's an actual proper

flywheel There's an actual use case for

the token in almost all of these dpin

projects you actually need the token

first to incentivize the build out of

the real world use case so with deep in

there's actual real world value being

created and there's actual real use case

for the token so that's why it's one the

two main reasons why it's so

interesting because you can't really

build a deepend network without the

token why not you might be asking why

can't I just incentive people with

salana or with another cryptocurrency or

with US dollars because that's again

that's that would just be the same as

you're going to need a huge amount of

money to start this so this is basically

skipping the coal start problem when it

comes to these kind of networks where

there's a huge amount of resources

required to actually set up a network

like this so you can

basically give people tokens that at the

very start have no value but people can

see the vision and they're getting these

tokens and over time as the network

grows those tokens are actually worth

something because it's a positive

feedback loop because they get those

tokens they're getting incentivized

tokens they might hold them they might

sell them and then speculators come and

invest and be like oh I see the vision

here I'm going to buy these tokens and

then so usually how a deep in network

starts is the supply is build out first

with these Network incentives

encouraging people to build out the

network and build out the product and

build out the supply side in this case

we'll just continue using the example of

a mobile network data Mobile Data

Network and then eventually people are

like okay I can get unlimited Broadband

or unlimited data unlimited text

unlimited calls for $20 a month using

helium I'm going to actually buy that

I'm going to do that they pay $20 a

month and then there's even more of an

incentive to provide more nodes onto

that Network and make the network even

stronger because now there's actual

demand coming in for this network and on

the back end those tokens are being

burned so it's a virtuous flywheel as

more participants join the network and

provide the service the service gets

better the network gets better like the

Wi-Fi speed might get faster and it

might become cheaper and cheaper So

eventually more more people come in this

demand start grows and grows and grows

which again makes more people want to

join the network to earn those

incentives so it's a virtuous flywheel a

lot of the time with deep in and the

token is actually very necessary for the

entire process so the other nice thing

about deepin networks is instead of

because we were providing Real World

products and providing a valuable

service to people that's not directly

tied to crypto like it's not just

directly tied to speculation so the

revenue for these dpin networks is

divide is coming from something tangible

whereas the revenue coming from a Unis

swap or a decentralized exchange or

pumped off pH or an nft Marketplace all

of that revenue is coming from

speculation from people speculating on

coins from people speculating on jpeg or

whatever so it's very very very much

tied to the crypto ecosystem and it's

just essentially tied to speculation

there's nothing really super fundamental

backing dexes or nft marketplaces or

most of the products in crypto are very

much speculation based whereas deep in

is the revenue is coming from something

tangible and providing a real world

value use case a lot of these deepin

projects are really trying to disrupt

huge addressable totally addressable

markets and we know in crypto people

love to dream people love to think oh

what is the potential with this if this

replaces all mobile networks how

valuable could that be so a lot of these

products are actually going for these

huge total addressable markets and the

other nice thing about deepin is that

instead of like web 2 very much

consolidates power in big Tech or cons

consolidates power into people who have

billions and billions of dollars to be

able to set up these networks in the

first place like build out these cell

towers or build out Uber and it is very

much a consolidation of power into Tech

Giants whereas with deepin you're

decentralizing that power anyone can

earn from providing a service like any

old Joe can just make a little bit of

extra money during the month to by

providing a little bit of data or

providing a little bit of Wi-Fi or

providing a little bit of storage or

energy or compute Power Pin has been

actually the best performing sector in

crypto over the last few months when

everything else has been going down

we've seen that helium has actually been

performing extremely well and that's for

a couple of reasons they've kind of

branched out from being just an iot

provider that's kind of what they

started as uh nodes for intern of things

and obviously Internet of Things hasn't

really taken off yet and now they're

doing the mobile data thing and they're

eventually kind of looking to Branch out

into all like being a network for loads

of different deepin projects and

services so that's why h&t helium that

coin has been doing particularly well

and their mobile network is one of the

first crypto products to really start

hitting Mass Normy appeal I think they

have over 100,000 people using uh the

helium Network and it's $20 a month and

you get unlimited everything and I think

most networks in America cost like $70 a

month for everything so it's

obviously like it's not just slightly

cheaper it's like three times cheaper

which is like if something is just

slightly cheaper and slightly better

usually it's not good enough to get a

lot of people to switch over but once it

start getting much much cheaper then

people start get in getting interested

in it so like the helium mobile network

is one of the first examples of a fully

fleshed out working product in the deep

in space but a lot of these deep in

projects they're just starting off so

only the supply side has been built out

and the demand side hasn't really come

in yet and I think helium as well is

just starting with that getting that

demand side out like a lot of these

projects like the the revenues in deepin

are not extraordinary yet like the

decentralized storage plays and the

decentralized compute plays like a

cashier we can

see the cash Revenue which is the

decentralized storage sorry

decentralized compute

Network it's revenu is growing a lot but

it's still minuscule three grand a day

which is like a million of Revenue per

year like it's not huge by any stretch

of the man imagination not every Niche

within the deepin niche it's self is

potentially the best investment so the

centralized compute we'll discuss a bit

later but as we can see helium with this

mobile network with this mobile data we

can see how much uh coins how much value

they've burned from providing this

service and the yellow is the mobile

token and the green is the iot token

which is their which was their original

product and as you can see mobile has

completely eclipsed the original iot

product and I think this this all then

goes and burns the h&t token which is

the main token for the helium Network

and there's two major US carriers that

are offloading some of their

requirements onto the helium Network

like I don't I don't know maybe T-Mobile

or some one of them um yeah so they're

using helium already and there's also a

lot of individuals using the hel helium

mobile network so oh connectivity which

would be the likes of mobile data

there's a a lot of deepin projects

within this sector but this seems to be

one of the first ones the lowest hanging

fruit for deepin and helium has been

around for since 2017 I think so it's

been around for a long long time and

yeah it's finally starting to hit

critical mass it's finally really

starting to hit product Market fit and

it's the biggest deepin project at the

moment and the nice thing about helium

like I kind of mentioned this earlier

but this applies to a lot of deepin

projects is that they can selectively

incentivize say there's a certain area

within New York that there's a lot of

foot traffic but not a lot of coverage

they can give extra incentives for

people to put a Noe up up there so you

can't really do that with a web to cell

tower like that takes millions and

millions of dollars and you know can't

just do within a couple of days so there

are really strong advantages for healing

and for connectivity connectivity deepin

sector so right now the supply side has

been fleshed out for a lot of these dpin

networks because you're incentivizing

people to to supply the service whether

it's a mapping data whether it's compute

power etc etc there is plenty of

incentive for people to give that Supply

however helium is one of the only

projects that's really seen a lot of

demand for this Supply so far let's talk

about some other sectors and niches

another interesting Niche within deepin

are decentralized sensor networks so an

example of this these are basically

networks that gather data and sell that

data on to whatever party would want

that data so an example which I've done

a video on before so if you want to dive

deep into this project you can watch

that video cuz it's a very interesting

project in my opinion and that's Hive

mapper and that's essentially people

stick a little camera on their car and

as they're driving so they're Uber

driver that drives a lot that's

Gathering data so it's taking pictures

and it's mapping like giving really

up-to-date fresh maps of a certain area

and you're getting rewarded tokens for

doing that now Uber pays Google like 10

billion some outrageous figure per year

to get access to their Google Maps

and um Hive mapper is providing a way

more up-to-date mapping service so

there's a lot of potential clients that

could use this sort of mapping data so

that's what a sensor network is now as I

said the supply side is growing it's

growing very very fast but the demand

side isn't fully fleshed out yet so it's

still in its early stage and we need to

see if people are actually going to use

this data yet another example would be

grass which I talked about a bit which

is you sell your excess Broadband your

excess sorry bandwidth on your Broadband

so when you're browsing the internet and

there's extra bandwidth not being used

grass is essentially selling that

bandwidth for AI companies to scrape the

internet and gather more data

so also a really really interesting

project project and was which is in the

AI and deep in uh sectors so potentially

going to be a very interesting launch

once once it launches very very soon so

I'm keeping an eye on that one and if

you've been following my videos for a

while you'll also be getting that

airdrop

for providing that service which was

super easy to do for example in the

sensor Network would be godod net and

that's for GPS Services I think it's

accurate within 10 cm whereas most GPS

services are accurate within 2 m so it's

a way more accurate GPS um Network and

you know similar concept people are

providing this data for the GPS Network

just a few more examples in the

connectivity Niche the same one that

helium is in you have the same

centralized Wi-Fi Dy so this is Wi-Fi

for $20 a month as opposed to $140 a

month most people pay in America there's

Dawn decentralized Broadband people

provide their EXs internet connectivity

and they sell the excess Supply to a

communal Network and you can see a

little graph of it here the thing about

de centralized Broadband is the like

cost to the network isn't in the

bandwidth it's in the actual

infrastructure so the Xs bandwidth

essentially is being unused uh it's

essentially free like it can be used by

someone else and like there's no extra

cost to anyone if someone uses that

essentially it's the infrastructure

setting up the infrastructure in the

first place that the original people who

have done the internet service providers

that's where the costs come from so the

excess Broadband which is being unused

if you can sell that that's great that's

what Dawn is doing now the problem with

a couple of these like grass and with

Dawn a lot of these isps internet

service providers don't allow people to

sell EXs Broadband or

EXs Wi-Fi or anything like that um so

it's a bit it's still in a legal Gray

Zone so this might get shut down but

it's just something that you're aware of

like it's not fully fleshed out yet but

I just wanted to be here of the

different kind of services and the

different kind of projects people are

looking into in the deepin network so

you kind of have an idea of how useful

it is the decentralized physical

resources so decentralized storage we've

talked about that

before now the problem with

decentralized storage is and

decentralized compute we've talked about

extensively I've done a video on

decentralized compute which is the best

decentralized compute network if you

want to watch that video there's a

couple of issues with decentralized

compute in the first place in order for

like the idea behind this was that

people will sell their excess compute

power to a grid or to a network and like

idle compute power like their graphics

card for their gaming console or

whatever might as well sell that and

people can run AI models using that

compute because you know we're so

compute constrained at the moment

because everyone all the big tech

companies want to compute for their AI

models to train AI or for inference for

AI as well so there's not enough

computer to go around at the moment and

that's why Nvidia is going to the Moon

so that's why those render cash and uh

what's the other one uh whichever the

other one is okay off the top of my head

that's why they've been performing so

well or nisana so that's all very well

and good but the issue is like in order

to train these like really highly uh

complex AI models you need like a

cluster of extremely

powerful h100s Nvidia chips so like a

spare compute graphics card isn't going

to be able to train the models so like

the I'm not as bullish on that sector as

I originally was because I I know IET

are kind of trying to tackle this by

creating these clusters of in Nvidia

chips um and the other problem is like

there there's it's not it's not so it

sounds really good but it's not much

much cheaper than the original

incumbents yeah it's cheaper we can see

from here that's a little bit cheaper

but there's new incumbents coming in

like uh vest Ai and they're

offering compute for pretty cheap prices

as well like almost on the same order of

magnitude as a cash um so obviously

Amazon web service is $5 a cash is $1 so

way way cheaper for this uh compute per

hour however vest AI all these like

smaller incumbents in like the web two

space that aren't used in a

decentralized network are offering

similar prices so generally for people

to switch over like there's all these

regulatory issues and you

need like there is some advantages to to

the decentralized compute but at the

same time is it enough to bring people

over from web 2 we haven't seen that yet

and it's kind of the

same with decentralized storage as well

it's not much much cheaper just yet so

we have to wait and see how those like

they were really really hyped Maybe 6

months ago but potentially they're not

the lowest hanging fruit with deep in

and I'm looking more at connectivity and

sensor data the ones we're talking about

already like providing data like uh H

mapper providing the Mapp mapping data

and there's a lot of different s sensor

network data providers which are really

really interesting but the demand side

hasn't come out for that yet but the

connectivity one also very very

interesting and h&t being the biggest

deep in play and performing so well I

have been adding to that position

personally okay so now I'm going to tell

you how to actually invest in the deepin

niche if you want to invest in the

deepin niche what you need to look out

for but say you don't want to invest in

individual products in the deepin space

you're kind of like okay there's so many

different projects which is very fair

and I don't know which one's going to

get the most real world users and which

one is going to provide the most value

and all of this kind of thing it's very

new it's hasn't been fleshed out yet

which is 100% true but a lot of these

dpin networks are being built on salana

and maybe some on ethereum but not

really so a way to kind of get broad

exposure to the deep in space is with

salana now obviously salana like market

cap isn't going to go 20x or something

so and it's probably only going like the

gains from deep in on salana are

probably only going to affect it like

maybe Max of like 30% like what I mean

is that the value of salana isn't 100%

tied to the value of dpin like there's a

lot of other things that are have

propped up the value of salana so you

know it's not a perfect way to invest in

it but obviously it's very bullish for

salana in the fact that a lot of these

deep pin networks have bridged or have

set up on salana so that's why one of

the reasons that I'm still very bullish

on salana my biggest is holding for the

cycle and I'm going to leave it that way

because I'm very very bullish on deepin

if you haven't realized by this by this

uh time uh very bullish on deep in and I

think that will help the price of salana

however there's other new networks that

are coming out that are actually going

to be ler ones that are specifically

designed for deepin networks so Peak is

one that I'm really looking I'm going to

be keeping an eye on it's not out yet um

but it's again it's 100% designed for

deepin and What deepin needs is really

low transaction costs because there's

going to be a lot of transactions and

really really fast transaction speeds as

well obviously obv and obviously you

want the centralization and everything

else that goes with it some information

about Peak 100K transactions per second

so very performant blockchain and

another one that's coming out is iotex

so I am keeping an eye on this I might

do a video on Peak by itself um once

I've done a bit more research because

it's not even out yet so there's no

crazy rush to get in on it um but yeah

that's a way to get a kind of a more

broad exposure so if you want the kind

of lower risk way to get exposure to

deepin you can look at salana and then a

little bit riskier would be the helium

token the h&t token because that's kind

of the market leader for deepin in my

opinion I know there's filecoin I think

has a bigger market cap but um I I

personally back helium to be the the

main pin player I think it should

iperform um because storage isn't as

interesting as helium in my opinion and

if you do want to invest in individual

products here are the points that you

want to look out for so first is it

providing something very useful to an

end user is it providing real useful

data is it providing a real useful

service like example of useful product

is it's bringing connectivity to a place

that didn't have connection before that

a web 2 company that a tradition

company couldn't bring connectivity to

that would be an example of real use

case that a web 2 incumbent couldn't

really provide or and it's not just

providing a small cost Advantage if

there's a cost advantage to using a

de-pin network it's going to have to be

really really like much much cheaper to

get people to switch over like a lot of

people a lot of big companies they have

their compute storage um

they have their computer and storage

providers they already have good

relationships with them and you know

everything's kind of set up easily

there's highly regulated it's all

working well so to get them to switch

for 20% cheaper when it's not like it's

not a huge potentially not a huge part

of their budget anyway it's probably not

going to happen unless it's like much

much cheaper and it's really going to

affect their bottom line or make things

more streamlined or just be a better

product overall so cost Advantage has to

be significant or it has to be way

faster like say the internet using the

centralized uh Broadband or whatever say

it's way way faster the download speed

is much better and it's much cheaper

then at that point you could see okay

maybe people be willing to switch

because everyone wants faster Wi-Fi okay

obviously you want a good product that's

going to attract users but if the

tokenomics are garbage then the token

isn't going to be worth investing in so

what you need is a real demand sync so

you want anyone who is um using the

product on the back end some tokens are

are are either being burnt or needed to

be staked or some sort of mechanism

where there is a demand for the token at

the back end like I know with the helium

mobile network you're paying $20 a month

and that $20 is then converted into the

mobile tokens and burned so that's

essentially how it's working so the end

user isn't like has no idea it's crypto

and no need for it to be crypto but on

the back end there has to be a mechanism

that either Burns or forces you to stake

tokens or something like that so there

has to be an actual demand for the token

otherwise the token will just inflate to

Infinity you know so a lot of these DP

networks are well aware of this though

and there is good a good positive feed

feedback loops with most of them the

final point on what to look out for that

helps a deep project perform well is if

they're able to incent we talked about

this a minute ago but

incentivize higher value Supply so

people who are providing a more useful

data or providing connectivity in in a

less uh connected place they're getting

outsized returns and they're getting

better incentives for doing that so if

your project or the project project that

you're looking into is able to in

incentivize what they need and what they

want more that's a good thing to look

out for as well cuz web 2 incumbents

can't do that so I do think deepen is

going to be one of the best performance

actors in the cycle we can see it's kind

of uh very recently it's been performing

quite well and that's mostly on the back

of helium um over the last few months

it's been performing quite well kind of

in line with Bitcoin and ethereum and

not as well as salana but yeah I do

think once crypto really starts taking

off deep in it is going to be one of the

most

interesting sectors the reason being is

it's very Normy friendly it's very easy

to understand and normies are definitely

going to want to earn money through

crypto by providing these services and

in the fact that them doing that because

that they because that they're doing

that these networks are actually going

to be quite valuable the data that these

networks are providing or the resources

that these networks are providing are

going to be valuable so users are going

to come in my opinion so that's a very

deep dive onto deep in I'm going to do

um deep in coins ranked from best to

worst soon so if you want to see that

video make sure you're subscribed and

yeah really hope you enjoy the video and

thank you so so much for watching see

you in the next one cheers