@UFO Good questions and assessments. I would say that the world of “DePin” is still in its infancy. Most of these projects are either pre-beta (not pre-tge) but Im talking at the hardware level… I would say WatchX and Cudis fall into this category, with lots of bugs still, software issues, update issues, etc. - I would call us “Beta Testers” and the creators of many of these things are doing soft launches and limited launches (DeEEP for example with their 1776 devices, etc.) to see how things take off. - Some of these wont work out, or imposters will come and modify/update/change the tech and launch a similar but different product that may work better. This is how the tech world works - Much in the same way I started mining BTC on a CPU, GPU and finally an ASIC at 20GH/s that made me 0.52btc a month at the time. No one knows what the future will hold. - I think that DePIN projects as a whole will eventually be integrated into everyone’s home, the way that “smart” devices have become commonplace, but 20 years ago were considered extravagant or unnecessary, even “gimmicky”. So to answer your question, I think the best is yet to come by far, and I think that some of these projects will not only become successful but massively integrated into the tech sphere as a hold. Some of these silly NFT’s and other things that we cling to now will have massive profit in the future. I wouldn’t say that anything of the DePin world should be sold now, in the same way everyone wanted to sell “bitcoin because it was fake money” (queue Mark Cuban and Mr. Wonderfuls nay-saying 10 years ago) and dump it when it hit $500 - they all kick themselves for not hanging on to it. I think that’s the lesson to be learned here.

I have a feeling that we’ll see another wave of interest and speculative money in DePIN within 2 years and perhaps much sooner. It’s already had 2 big speculative bubbles in its short history:

Nov 2021: $HNT peaked at over $50 earned on their IOT devices. They never had much revenue from that service but it sparked the imagination of what could come.

Nov 2023: Several projects saw huge profitability increases, like, 20-30x, such as Helium’s $MOBILE from CBRS (yes, before they launched Wi-Fi Hotspots!) and Hivemapper $HONEY from HDC and HDC-S dashcams.

Nov 2025: who knows lol

We need a big win in the space! In my opinion there’s 2 projects that can pull that either Geodnet or Helium.

If it stays like it currently is? No. All today is are companies selling hardware devices for massive margins.