The Blockcrunch Podcast

Why Top Investors Are Excited About DePIN - Mahesh from EV3, Ep. 253

Apr 11, 2024

Mahesh Ramakrishnan, Seed Investor at Escape Velocity (EV3), discusses the exciting world of DePIN on the podcast. Topics covered include the future of UBI, DePIN node operators, unit economics, bandwidth vs compute providers, leading DePIN projects in 2024, and marketshare. A deep dive into decentralized physical infrastructure that is not to be missed!

49:47

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Mahesh Ramakrishnan

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Quick takeaways

DePIN aims to disrupt traditional industries with cost advantages through unit economics understanding.

Decentralized networks coordinating physical resources offer potential to revolutionize work structure and provide economic opportunities.

EV3's strategic focus on DePIN projects signifies a commitment to disruptive innovations in various sectors for infrastructural reinventions.

Deep dives

The Business Model Focus in Deep In Networks

Deep in networks focus on understanding unit economics and working with exceptional founders to comprehend each piece of the business model. Whether it's digital commodities like helium and Hive Mapper, human capital platforms such as Nash and Brain Trust, or machine infrastructure like Autonomous, the deep in model aims to disrupt traditional industries and offer cost advantages.

Introduction

2min

Exploring the Conviction Behind DEEP In Only Investments

3min

The Rise of Decentralized Community-based Business Models

8min

Exploring Decentralized Networks and Digital Commodities in DePIN

20min

Investing in Disruptive Tech Networks: Founder Vision and Unit Economics

11min

Exploring DePIN's Market Cap and Growth Potential in the Crypto Space

5min

Today Jason is joined by Mahesh Ramakrishnan, Seed Investor at Escape Velocity (EV3). Today Mahesh joins us to discuss all things DePIN. The conversation begins with an overview on the DePIN category and why EV3 has chosen to focus it's attention here. The two then go on to review how the labour market may change as a result of DePIN developments, DePIN's unit economics, bandwidth vs compute providers, as well as EV3's North Star, and 2024's leading DePIN projects. This is not one to miss as we breakdown the past, present, and future of decentralized physical infrastructure—enjoy!

Host: Jason Choi @mrjasonchoi . Not financial advice.

Timestamps:

(00:00) Introduction

(02:19) Why EV3 focuses on DePIN

(05:34) DePIN’s developments

(11:22) The future of UBI & DePIN node operators

(13:38) DePIN categories

(20:22) DePIN network unit economics

(30:15) Bandwidth vs compute providers

(33:25) EV3’s DePIN market research approach

(36:37) EV3’s North Star

(40:40) 2024’s leading DePIN projects

(44:29) DePIN’s marketshare

(48:20) Outro

Twitter accounts:

Jason Choi’s Twitter:

https://twitter.com/mrjasonchoi

Mahesh Ramakrishnan's Twitter:

https://twitter.com/moneromahesh

Episode content links:

https://depin.ninja/

Blockcrunch VIP:

https://blockcrunch.substack.com/

Blockcrunch Twitter:

https://twitter.com/theBlockcrunch

Disclaimer:

The Blockcrunch Podcast (“Blockcrunch”) is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch’s guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch’s podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.

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