Proof of Coverage

Join Connor and Jonah from Second Element Partners (SEP) along with Mahesh from Escape Velocity Ventures (EV3) for the second episode of the Proof of Coverage Podcast, where we interview Rich DeVaul, the CEO of newly launched DeWi CBRS project XNET! We discuss:  Rich's unique background in tech and telecom, what makes XNET different, and why XNET believes its points of differentiation will help it stand out in the rapidly-growing DeWi CBRS space. Show notes: 0:00 - intros (Connor, Mahesh, Rich) 5:00 - Rich's background at Apple, Google, etc. (Mahesh, Rich) 11:30 - overview of XNET, what makes it special, lessons learned from Project Loon (Mahesh, Rich) 16:11 - telcos as dinosaurs, DeWi as fighter jets, XNET as a dinosaur with a jetpack (Rich) 18:20 - "pioneers get shot, settlers get rich", the second mover advantage (Mahesh, Rich) 20:57 - Helium & Pollen building a data-only network, XNET building a full-service network (Connor, Rich) 28:32 - XNET tokenomic innovation, data tickets expire to maximize for utility not speculation (Rich) 33:20 - why did XNET choose to launch as the most centralized DeWi protocol? (Connor, Rich) 40:25 - DeWi's pivot towards more centralization early-stage (Connor, Rich) 42:50 - why are XNET rewards lower than Helium/Pollen for early-stage deployments? (Connor, Rich) 46:50 - token lockups will keep XNET's circulating supply very low (Rich) 49:29 - timelines for paid data transfer (Q1 2023) (Connor, Rich) 54:50 - what are the biggest challenges of being a crypto entrepreneur? (Mahesh, Rich) 58:36 - social links Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The hosts or the companies they work for (Second Element Partners or Escape Velocity Ventures) may own tokens that are mentioned on the podcast.

Join Connor and Jonah from Second Element Partners (SEP) along with Sal and Mahesh from Escape Velocity Ventures (EV3) for the first episode of the Proof of Coverage Podcast. We discuss:  Helium as the "0 to 1" moment for token-incentivized physical networks, the evolution of the proof of coverage (PoC) model, "why now" for DeWi,  eSIM innovation, and more! Show notes: 0:00 - personal intros, Hexagon Wireless as a protocol-agnostic DeWi accelerator (Jonah) 7:15 - intro to EV3, why investors see DeWi as a massive opportunity (Sal and Mahesh) 13:28 - EV3 VALUE-ADD as Hexagon seed-round investors, their elite deal-sourcing strategy (Connor and Mahesh) 15:40 - why we created the Proof of Coverage podcast, target audience (Connor) 18:08 - Helium LoRa as the 0 to 1 moment for token-incentivized physical networks (Jonah) 20:34 - smart DeWi skeptic takes, evolution of the proof of coverage (PoC) model (Sal) 23:51 - potential future improvements to PoC tokenomics: time-based vs. growth-based token emission models, extending PoC runway for a DeWi protocol (Connor) 26:30 - location-based PoC models, incentives for creating contiguous coverage (Mahesh) 30:00 - "why now" for DeWi? as illustrated by Sal Gala via his "Moats of a Telco" meme (Sal) 38:07 - DeWi isn't crypto innovation, it's telecom innovation (Mahesh) 39:37 - eSIMs lowering consumer switching costs, T-Mobile vampire-attacking other MNOs via eSIM trials, iPhone 14 to have 6 eSIM slots and ZERO physical SIM slots (Jonah) 42:36 - eSIMs are bullish for DeWi...continued (Sal) 45:00 - who's gonna default on their phone? (Connor) 45:31 - first-mover vs. second-mover advantage (Helium vs. Pollen) (Connor and Sal) 48:51 - Twitter usernames, it's not goodbye it's see you later Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The hosts or the companies they work for (Second Element Partners or Escape Velocity Ventures) may own tokens that are mentioned on the podcast.