What led you to give Fry a rating of 1?
- FRY uses outdated, resourced hardware and sells them as their own “dedicated” hardware that is marked up marginally. It also looks like most of the miners are doing nothing in terms of collecting/generating/offloading any data.
What does Fry do well (or not) that deserves 1 stars?
- FRY has created token, after token, after token - after much failed launches each time. The hardware is nowhere near profitable as fees accumulated by TX heartbeats/phone-home costs much more in the daily earnings.
Is there anything you’d like to see improved in Fry?
- I’d like to see FRY create their own unique piece of DePIN hardware and really start to study tokenomics to create a thriving ecosystem on Algorand.
iotanine_FryNetworks
Thanks for taking the time to share detailed feedback, it’s clear you’ve looked into things, and I appreciate that. Let me address a few of your points directly:
• On hardware – You're right that some of our hardware is repurposed, but it’s not just “old tech.” For devices like mini PCs and nodes, users configure them themselves so they have full control over the OS and setup, this gives users flexibility rather than locking them into a preconfigured system. The markup includes the software licenses, onboarding, and long-term support that make them usable in the network.
• On data collection – Many of our miners (GNSS, bandwidth, camera, sensors, etc.) are actively collecting and storing data. We’ve been very clear that no data has been sold yet, but we’re actively working toward that and are in talks with buyers, supported by a top AI agent already working with other DePIN projects to broker deals.
• On token launches – The shift to Fry 2.0 and segment tokens wasn’t about launching “another token” for hype, it was about fixing the unsustainable model of FRY 1.0. Segment tokens tie rewards directly to each network’s real-world value, and FIP-008 introduced $tFRY to ensure miners on unmonetized networks still earn something now that will convert 1:1 once monetized.
• On improvements – Totally agree: long-term success depends on strong tokenomics and meaningful utility. We’re already working on ways to expand real-world use cases, refine the economic model, and yes, consider more purpose-built hardware options down the line.
Appreciate the honest feedback. If you have ideas or want to go deeper on anything, we’re always open to the conversation.