
Proof of Coverage
Home of the best crypto conversations
Hosted by Connor Lovely and EV3 Ventures | Built by Proof of Coverage
Latest episodes

Nov 13, 2024 • 39min
How DePIN Protects Your Internet Privacy Better Than VPNs with Anyone
Dive into the world of internet privacy and discover how current solutions often fall short. Learn about 'privacy washing' and how companies manipulate data while claiming to protect it. Explore the Anyone Network's decentralized approach that fragments user data for better security. Hear about their rebranding journey and the introduction of the Anyone Router for enhanced online anonymity. The discussion also touches on tokenomics, community engagement, and memorable tech moments, all aimed at creating a safer online environment.

Nov 12, 2024 • 24min
Building the L1 for the Machine Economy with Peaq
Dive into the world of Peaq, a layer-1 blockchain transforming global infrastructure through decentralized physical networks. Discover how Peaq evolved from a Berlin IoT consultancy to a thriving ecosystem with millions of onchain devices. Leonard shares insights on Peaq's appeal to builders, boasting a scalable architecture and a comprehensive toolbox. The conversation highlights challenges in creating a machine economy and the potential for integrating real-world assets into DeFi. Excitement builds around their upcoming token launch, promising a sustainable and community-focused future.

Nov 7, 2024 • 19min
How Blockchain Makes You a Better Pet Owner with Petastic
In this podcast, Sal interviewed Carlos Herrera, co-founder of Petastic. They discussed how Petastic’s decentralized identity network for pets aims to transform the pet care industry through a tokenized ecosystem. He highlights the platform’s ability to predict pet owners’ needs, streamline customer engagement, and support shelters with sustainable revenue models, ultimately benefiting pets and their owners. Carlos also shares his vision for expanding personalized pet care and enhancing animal welfare worldwide.
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Timestamps:
00:00 - Introduction
00:32 - Introduction to Petastic and Market
Overview
02:05 - Petastic's Vision and Unique Approach
07:17 - Building Relationships with Shelters and Rescues
11:00 - Understanding Customer Needs and Predictive Analytics
14:41 - Future Goals and Expansion Plans
17:27 - Upcoming Initiatives and Community Engagement
Disclaimer: The hosts and the firms they represent may hold stakes in the companies mentioned in this podcast. None of this is financial advice.

Nov 4, 2024 • 29min
Incentivizing Net New Solar with David Vorick of Glow
In this podcast, Connor and Sal spoke with David Vorick, co-founder of Glow, about the company's innovative model for funding new solar infrastructure using donations to build solar farms that generate revenue for further projects. Focused on large-scale solar installations in cost-effective regions like India, Glow emphasizes the additionality of carbon credits, ensuring contributions actively reduce emissions. David also highlighted Glow’s robust audit system for carbon credits and discussed its growth trajectory, hinting at future government interest in Glow’s decentralized, sustainable energy approach.
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Timestamps:
00:00 - Introduction to Glow and Its Mission
00:30 - Explaining Glow to the Unfamiliar
02:11 - Focus on Large-Scale Solar Farms
03:51 - The Shift from Residential to Industrial Solar
04:41 - Cost Efficiency and Competitive Advantage
05:45 - New Solar vs. Existing Solar
06:27 - The Importance of Additionality in Carbon Credits
08:30 - Carbon Credits as a Revenue Model
10:42 - Why Solar is a Good Fit for Crypto
12:18 - Low Operational Costs of Solar Farms
13:23 - DePIN Verification and Audit Process
20:18 - Scaling the Supply Side and Incentives
24:14 - Demand Side and Revenue Insights
26:30 - Revenue Accrual to Token Holders
Disclaimer: The hosts and the firms they represent may hold stakes in the companies mentioned in this podcast. None of this is financial advice.

Oct 30, 2024 • 29min
Building an Enterprise-Grade DePIN for Compute with Aethir
In today’s episode, Connor is joined by Mark Rydon, a key figure in the decentralized infrastructure space, particularly focusing on Aethir and its innovative approach to DePIN (Decentralized Physical Infrastructure Networks). They discussed how Aethir has built a robust revenue-generating model centered around enterprise-grade AI and gaming solutions.
Mark shared insights into the growing importance of GPUs in the AI landscape, highlighting the global compute scarcity and how Aethir addresses this challenge by allowing enterprises to reconnect idle compute resources. This model is akin to Airbnb, where companies can monetize their unused GPUs, creating a win-win situation for both suppliers and consumers.
They also discussed the recent success of Aethir's checker node sale, which generated nearly $130 million, showcasing the strong community support and the utility of these nodes in maintaining trust within the network. Mark explained how these nodes act as the "police" of the network, ensuring that contributors are providing the resources they claim.
Additionally, they explored Aethir's focus on enterprise clients, which has led to impressive revenue growth, with $36 million in annual recurring revenue and a steady month-over-month increase. Mark emphasized the importance of this enterprise focus, contrasting it with the challenges faced by other DePIN projects that target consumer equipment.
Timestamps:
00:00 - Building a Revenue-Generating Machine
00:35 - Understanding DePIN
00:57 - The Evolution of DePIN
04:49 - Aethir's Value Proposition
09:15 - Tapping into Latent Supply
10:04 - AethirEdge Devices
14:37 - Checker Node Sale Success
20:13 - Revenue Growth and Customer Profiles
26:56 - Keeping Up with Aethir
Disclaimer: The hosts and the firms they represent may hold stakes in the companies mentioned in this podcast. None of this is financial advice.

Oct 28, 2024 • 19min
Building a DePIN for Drone Mapping with Spexi
Alec Wilson, COO of Spexi Network, shares insights into an innovative drone mapping company transforming earth imagery. He discusses the use of underutilized drones for high-resolution imagery, surpassing traditional satellites. Alec elaborates on Spexi's unique 'Spexagons' system, allowing pilots to earn while capturing data. The conversation touches on regulatory challenges and the integration of crypto economics to enhance pilot participation, showcasing the immense potential of decentralized drone networks for various sectors.

Oct 24, 2024 • 23min
Building the First Programmable Datachain with Irys
Connor welcomes back old co-host Sami Kassab (now a Partner at OSS Capital) and guest Josh Benaron, founder of Irys, a next-generation data provenance and storage L1. They delved into the evolution of Irys from its origins as Bundlr, an L2 solution for Arweave, to its current status as a programmable data chain. Josh shared his insights on the importance of storytelling and writing for founders, emphasizing how effective communication can significantly impact hiring, fundraising, and overall success.
They explored Josh's unique journey, including his decision to drop out of university to pursue his entrepreneurial ambitions in the crypto space. He discussed the vision behind Irys, which aims to unify data services on-chain and support applications that rely heavily on data. Josh also addressed the differences between Irys and other projects like Filecoin, highlighting how Irys enables programmability at the data level, which he believes is crucial for mass adoption.
As they wrapped up, they touched on the future of decentralized applications (dApps) and the potential of DePIN networks. Josh expressed his bullish outlook on the DePIN space, noting its significant market fit despite being less hyped compared to other sectors like AI. They also discussed the upcoming token for Irys, with Josh hinting at a thoughtful approach to tokenomics that prioritizes community strength and sustainability.
Timestamps:
00:00 - Introduction
01:23 - The Importance of Writing and Storytelling for Founders
04:11 - Josh's Decision to Drop Out of University
06:54 - Transition from Bundler to Irys
10:04 - Irys vs. Filecoin: Differentiating Approaches
14:05 - Incentivizing Builders on Irys
16:57 - The Future of DeFi and Deepin
19:32 - Unified Layer for Permanent and Non-Permanent Data
21:14 - Tokenomics and Future Plans for Irys
Disclaimer: The hosts and the firms they represent may hold stakes in the companies mentioned in this podcast. None of this is financial advice.

Oct 21, 2024 • 23min
DePIN is Booming
Co-hosts delve into the booming world of DePIN, exploring its rapid evolution and the challenges of categorizing an influx of new projects. Exciting insights from a recent event illustrate the growing interest and varied quality among founders. They discuss the balance between hardware and software solutions in this space, envisioning a hybrid future. The conversation also touches on the potential impact of upcoming elections on the crypto landscape, addressing how politics can shape innovation and market dynamics.

Oct 17, 2024 • 7min
Breaking into DePIN with Shaan from XNET
Connor had the pleasure of speaking with Shaan Chaudhari, his college friend and Chief Growth Officer at XNET. They reminisce about their early days in the DePIN space, particularly during the challenging bear market when investor interest was low and token prices were down. Shaan shared his journey and his pivot from potentially attending dental school to fully committing to the crypto industry, motivated by PoC co-hosts Sal and Mahesh, who encouraged him to take risks while he was young.
They discussed the importance of community building in crypto, especially during tough times. Shaan emphasized that showing conviction and leadership is crucial for inspiring others to join you on the journey, regardless of market conditions. He highlighted the sacrifices made by founders and the need for authenticity when reaching out to industry leaders, especially for newcomers looking to break into the space.
As they wrapped up, Shaan reflected on the growth of the DePIN community over the past few years and expressed excitement for the future.
00:00 - Introduction
00:36 - Taking Risks in Your Career
01:59 - The Excitement of DePIN
02:51 - Lessons from the Bear Market
03:44 - Building a Convicted Community
04:34 - Advice for Newcomers to Crypto
06:04 - Reflections and Future Outlook
Disclaimer: The hosts and the firms they represent may hold stakes in the companies mentioned in this podcast. None of this is financial advice.

Oct 15, 2024 • 30min
Building a DePIN for Improved GPS Accuracy with Geodnet
Dive into the fascinating world of Geodnet's multi-chain strategy, enhancing GPS accuracy through innovative technologies. Discover the impressive revenue generation and customer adoption across industries like automotive and agriculture. Learn about the advantages of their high-precision RTK network and how their tokenomics bring a unique deflationary effect. The discussion also highlights groundbreaking advancements in mobile GPS apps, aiming for centimeter-level precision and tackling challenges in difficult environments.
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