Space Summary
The Twitter Space #DePins Roundtable hosted by WOLF_WebThree. The #DePins Roundtable offers a platform for unbiased discussions in the technology sector, focusing on emerging technologies, market trends, and educational initiatives. Led by @WOLF_Financial, the space emphasizes transparency, collaboration, and community engagement to drive innovation and informed decision-making. Through insightful conversations, exploration of market opportunities, and showcasing innovative projects, participants gain valuable knowledge to navigate the dynamic tech landscape. The space fosters inclusivity, diversity, and a supportive environment for sharing insights and learning about the intersection of technology and finance.
For more spaces, visit the Innovation page.
Space Statistics
For more stats visit the full Live report
Questions
Q: Why is unbiased information essential in the tech sector?
A: Unbiased data fosters trust, credibility, and informed decision-making.
Q: How does the #DePins Roundtable contribute to education in emerging tech?
A: By hosting discussions, sharing insights, and promoting diverse viewpoints.
Q: What role does @WOLF_Financial play in educating about technology and markets?
A: They lead educational initiatives, fostering dialogue, and providing valuable information.
Q: Why are collaborative approaches important in sharing knowledge?
A: Collaboration ensures a broad perspective, enriches discussions, and promotes learning.
Q: How does transparency benefit the tech industry?
A: Transparency builds trust, encourages innovation, and drives meaningful progress in technology.
Q: What is the significance of community engagement in tech discussions?
A: Community involvement fosters inclusivity, knowledge sharing, and a supportive learning environment.
Q: How does learning about market trends help in decision-making?
A: Understanding trends facilitates strategic decisions, identifies opportunities, and mitigates risks.
Q: Why is it crucial to highlight innovative projects in the tech space?
A: Innovation drives progress, inspires creativity, and shapes the future of technology.
Q: What benefits stem from exploring the intersection of technology and finance?
A: Understanding this intersection leads to new opportunities, financial innovations, and improved tech solutions.
Q: How does sharing insights on market opportunities impact stakeholders?
A: It empowers stakeholders to make informed choices, capitalize on trends, and adapt to changing markets.
Highlights
Time: 00:15:45
Web3 Sector Insights Exploring the latest trends and developments in the Web3 space.
Time: 00:25:12
Market Opportunities Discussion Analyzing current market opportunities and potential growth areas.
Time: 00:35:30
Educational Initiatives by @WOLF_Financial Highlighting @WOLF_Financial's efforts in educating the community about emerging technologies.
Time: 00:45:55
Collaborative Learning Approach Encouraging collaboration and knowledge sharing among industry experts.
Time: 00:55:20
Innovation Showcases Spotlighting innovative projects and technological advancements shaping the industry.
Time: 01:05:10
Transparency in Tech Dialogues Promoting open and transparent discussions to enhance trust and credibility.
Time: 01:15:45
Community Engagement Emphasis Encouraging active participation and engagement from the tech community.
Time: 01:25:30
Market Trends Analysis Delving into market trends to provide valuable insights for decision-making.
Time: 01:35:20
Technology and Finance Intersection Exploring how the fusion of tech and finance revolutionizes industries.
Time: 01:45:15
Strategic Decision-Making Importance Discussing the significance of strategic decision-making based on market insights.
Key Takeaways
- Open discussions on emerging technologies like Web3.
- Importance of unbiased information in the tech sector.
- Exploring market trends and opportunities.
- Educational initiatives by @WOLF_Financial.
- Insights on the intersection of technology and finance.
- Encouraging diverse perspectives in the industry.
- Highlighting innovative projects and developments.
- Emphasis on informed decision-making in markets.
- Promoting transparency and education in the tech space.
- Collaborative approach to sharing knowledge and insights.
- Encouraging community engagement and learning.
Behind the Mic
The Music Mystery
Y'all want to know something crazy? I just double checked my phone, and I don't think that you guys can hear the music. I can't hear it on my other phone. Can you guys hear the music when I'm, like, when I was unmuted, when I was muted just now. Could you guys hear anything? No. No, but I can. I can feel the music. Oh, my God. There's no way, bro. I've been playing this music for, like, a week. I'm like, this is so nice. I don't have to pull something up on my computer. I can just play the music. Nope. I just bit. How do I got to play Rihanna's song? Please don't stop the music. Maybe next time. Maybe next time. How you doing, William? I'm doing good, man. Doing good. You know, it's unfortunate that uptober has just been downtober, but. But other than that, everything's been great.
Making Calls and Goodbyes
Yeah, I think we better call it quit, guys. I think we're cooked forever. You know, we tried our best. You know, we give it a good shake, but it's over, clearly. You know, it's been a whole day. I think, you know, we just shake hands here, you know, Andy, it's been good knowing you, Matt. Dude, it's been. It's been real. But it's time we. I think it's time we call it. You know, the guys welcome legit my neighbor out before you. Before you begin the show. I was gonna say my neighbor just, like, asked me yesterday. He's like, dude, everything's down. Do I sell? And I was like, no, you idiot. I was like, give me your phone. Just grabbed his phone. I was like, don't sell right now. Come on. It's okay. Well, they'll be back. They'll be back when bitcoin rounds 100k again, guys, listen. Welcome to Wolf Web three. It's great to have everybody here super hyped to talk about deep ins.
The Colorado Vibes
Got a lot of energy today. I hope everyone's doing well. I just made it out to Colorado, so I'm doing spaces from a whole new place in the country now. The vibes are strong in Colorado, I will say I was expecting crypto to pump. Usually when I am touched down in Colorado, everything goes up. So I apologize that my perfect streak of three for three has been canceled. Now we're now one for. What is it three for four or something like that? So unfortunate. But we'll make it back, guys. I'm very confident for the rest of this month, we'll see what happens. Got some awesome people in the house today. We've got Joey Hiller over from helium, the senior technical director. We've got nfts in the house. We've got Gabriel, we got Brandon, we got burrito, we got Matt, we got Dabba, we got Andy, we got William. It's a stacked panel.
The Importance of Reposting
I'm very happy to be here if you guys could, you know, I was going to say, like, while were playing the music, if you could take a second and repost the space, but the music wasn't playing. So if you feel bad for me, if you want me to win, if you want crypto to pump, if you want deepins to go to the moon, repost the space. Bottom right corner takes like 2 seconds. We really appreciate all of you and helps to let people know that we're out here and we are live, as well as less people who aren't able to tune into the live stream, catch the recording. So we really appreciate you let your communities know that we're out here. I know william's definitely got some stories I want to hear about some of the things that are going around in the ecosystem, and I'm sure there will be some pretty fruitful discussion.
Looking Forward to Discussion
And we've got, like 3 hours back to spaces today. We're going to jump in to the deep ins in an hour. We got an AMA with daba, and then we're going to roll into an entrepreneurship roundtable. So all the alpha is coming at you from wolf web three. But, yeah, it's great to have everyone here. William. Wow, that was supposed to be english. I'll turn it over to you. Yeah, I didn't know what that was there, kade, but thank you so much, man. I'm just now, I think yesterday I saw the AMA with daba, and I was like, man, I'm kind of hurt. They didn't actually, like, bring me on the panel, dude, I was gonna like, I was gonna dm you and be like, bro, what the hell? But I'll see if I can make it for sure. I'm not sure if I can yet. I think my wife has something planned for us, but we'll certainly see.
Market Reflections
Anyways, guys, thank you so much for attending the deep end roundtable today. Lots of amazing stuff happening. Honestly, you know, seeing all the charts and whatnot has been very sad, but seeing all the deep in news has been really exciting. So I've been just going on, like, deep in news sites and just, like, crypto news sites and looking at all the deep end news possible, especially on x and whatnot, and keeping myself, like, really charged up and invigorated and, like, staying away from the charts because the charts are just super depressing. And so I'm just like, yeah, this is so great. So much stuff happening. I do have about three major news topics to go over today, but before I do that, I was just going to kind of get a feel around just everyone's thoughts on the market sentiment going around.
Market Sentiment: Downtober
Do you think this is one, like, obviously with. With downtober here? I'm calling it downtober. Do we all think this is, like, a. Just an event? Like, kind of a black swan event from the FTX kind of sell off all the money coming back from the FTX losses and whatnot? I mean, that will quickly recover, seeing as we have rate cuts coming. And, you know, obviously, October has kind of been the sentiment for the past, like, you know, five maybe, you know, x amount of years. So I'm just. I kind of want to get everyone's, like, thoughts in the room here on, you know, do we think this is, like, for the foreseeable future forever, or do we think we're going to have an October, maybe towards the end of the month, towards Halloween? I guess I'll start with NFts there. What are your thoughts, man?
Brief Market Reflections
Also, right before you jump in, nfTs, let's. Let's keep. Let's keep this part of the conversation just, like, a minute long takes. I just want to dive deep into the deep ins world as fast as possible. But I definitely want to hear what y'all's thoughts are on the market because it is a bit. A bit different than maybe people expected in the first day of the month. But sorry, please. Nfts. I was just gonna make a joke. No, it kind of ruined it. I was just gonna be like, it's all over. We should just pack it up, boys. It's done. We're going to zero. I mean, like, this is narrative. It's always up, down. I'm waiting for Max. Fear. Truthfully, I want more fear, more blood in the streets.
Positive Outlook from a Trader
You pump harder when you drop aggressively anyway, send it all to zero so we can climb our way back so I can get cheap bitcoin. That's where I'm at. NFTs here, sounding like the yellow lanterns from DC Comics who power their rings based on fear. Andy, what are your thoughts? Man? I am unconcerned. I mean, every day that we are above, like, $10,000 bitcoin I consider a good day. I don't care about a $5,000 drop from last week. My timelines for this stuff is multiple years. If you're freaking out or worried about a drop from 65,000 to 60,000 and you're in the crypto space, I would, you know, from one friend to another, just maybe reassess, you know, your overall sentiment and why you're even here.
Bullish Sentiment from the Panel
Things are very bullish. Like everything, you know, if you Macro wise, you zoom out, everything looks extraordinarily bullish. If nothing in October, if not this year, hopefully, certainly next year. But either way, there's just so much exciting stuff happening. I don't know how you could be down and negative about what the markets look like. Yeah, I love the same thought process there, Andy. I always tell people, like, listen, if you're concerned about crazy price drops and you're clearly in over your head, risking too much money, you should go check out your friend Andy's great video about budgeting and getting your life together with your finances. That's why I usually tell them. Dava, what are your thoughts, man?
Discussion on College Sports and Technology Adoption
But yeah, I think that's sort of a universal. He called your college poor. Hey, now, my Florida State college is not poor, all right? Our athletic system is poor right now. Hey, I went to a poor university. I had some of the cheapest credits in the state at one point. We're going to, we're going to see helium mobile advertised in community colleges soon. Hopefully soon that'll be, that'll be the main target audience, right? No, no, honestly, I think that again, just, this is just such a fantastic thing. Not only because I'm a huge football fan and kind of like my worlds are kind of coming together now, but I think just like Joey said, like these, these people coming in, these university students, they understand crypto to a point. They don't use physical wallets as much as a lot of all of us like the millennials do in the older generations do. A lot of them are using Apple wallet. You know, they're just using the thing on their phone. They're tapping their phone to pay for things. Like they're not going into their pocket and going, oh man, I got lint in my leather wallet or it's worn out, I gotta get a new wallet. Right? It's so like basically getting the download phantom wallet or even helium wallet or something like that, and having them use it just makes a lot of sense to them. It's kind of the same motion they're using, which again, I'm all for.
Thoughts on Younger Generations and Adoption
Matt, what are your thoughts on this? Mandev? I agree. I think getting it in front of the younger generation is really going to help the adoption curve because obviously we look throughout the course of history, they've always kind of been the early adopters. So again, getting it there in front of those people who can adopt it, start using it. And I think that's when we start seeing more people come into it. I think it's always, technology has been embraced by younger, by younger generations. So I think it's a really brilliant play. And I'm a big college football fan too. And I got to say, yeah, it was hard to see my Huskies lose against USC on that game. So yeah, my college is kind of down in the dumps too, so pray for us. Okay, we know Matt shorting helium mobile now and to some degree in the near future at least, because he's going to be really salty about that loss against USC. Dava, I see your hand. I see your hand up there, Dava. Sorry, Matt, I was going to let you reply, but I do want to hear what Dava's thoughts are on this.
The Importance of Sports in Mainstream Awareness
Are we going to see any daba Wi Fi routers in college campuses in America anytime soon? Maybe not so much in America as of yet, but india for sure. And I just wanted to expand, like, not just colleges, but sports is a really great way to get into the mainstream sort of viewership or to build awareness there, like, to give you a sense of scale. Obviously, football isn't that particularly big india, but we have cricket and I. Our IPL tournament this year had a half a billion viewers. That's not like, views, but a half a billion people watched all of the matches across the season. Like, one of the highest matches had about 70 million people watching concurrently. So, like, putting this stuff in front of sports and in front of young people is amazing. And I think that's definitely an awesome roadmap that we're definitely going to get on the first opportunity that we get. Isn't cricket, like a more brutal version of football? actually, no, the other way around. It's thinking of rugby, but. Crickets a more mellow version of baseball. Okay.
Cricket and International Sports
Okay. Okay. I was just curious because I've always, like, I don't know, like, when it comes to rugby always looked pretty intense, but I never. I don't think I've ever seen a cricket match. So thank you for explaining that. I know Joey is probably over here contacting the helium mobile marketing team and saying, hey, guys, we need to go over to India and get on the cricket scene ASAP. Start advertising right now. Start making those deals. Burrito. What are your thoughts on all of this? Man? Well, I think I would concur with everyone else. Any exposure is great, and certainly for innovative technologies like deep end and crypto in general, the university crowd is probably the prime targets, followed by just sports in general. So I think it's a smart move overall. For sure.
The Value of Sports Marketing
No, for sure. For sure. For sure. For sure. Gabriel, what are your thoughts on everything? Man? Yeah, you know, just from what I'm hearing on the panel from some of the people building in deep ins, I can't help but continue to think that, you know, people have found a huge advantage to using this framework to grow their companies, just more modular. You're able to get out there and acquire users. I'm in college right now, so I'm not into the sports personally. I know a lot of people are. It's pretty cool. But yeah, I think that's good. That's good to be trying to gain user acquisition from sports. But yeah, I'm just fascinated by the technology. I really appreciate the people building and, you know, trying to bring, you know, assets to the younger people or anyone at a better price and making it more accessible. So that's great.
Economic Impacts of Sports and Technology
No, for sure, man. And for anyone not familiar with like, you know, with like college sports or just sports in general, the sports industry, it makes a butt ton of money. I'm not, I'm not even gonna like kind of lightly say anything. It just makes a shitload of money. And so I'm just really happy that, like, we have a company or like, you know, a project, an idea like helium mobile kind of in the face of so many viewers. Just because I know the NCAA, the college football conference, like their organization, they get a ton of viewership every single year. And so I think it's just like one of the greatest, probably if not the greatest marketing achievement for deep ins to date, in my opinion. Just because you have so many eyeballs now, going to see helium mobile on there and just say, okay, I mean, especially the students at USC, and they're gonna go, wow, like, what is this? $20 a month? That sounds interesting. Let's check it out.
Exploring Regulatory Challenges
And then that kind of, just by word of mouth as well as televised broadcasts and whatnot, just spreads like kind of like a virus, an infection. Not in the most, not in like a derogatory sense, but it just, it is very infectious to see something like, you know, a value prop like that. Hey, dollar 20 a month, unlimited talk, text data, simple as that. They just see it plastered right there on the side there. Matt, what are your thoughts? Man? I think this is fantastic. I love what helium is doing. My question though, I guess maybe Joey could answer this or somebody who's smarter than me is what regulatory issues or hurdles has helium faced, especially in the telecommunications industry? I think this is great. Obviously it looks like you're moving in the right step if you're be able to get in front of, you know, college football audiences.
Addressing Regulatory Concerns
But my concern just might be from a regulatory standpoint, just in, deepens in general. But what is helium faced and how have they overcome? I'm so happy you asked that. Now. I was going to ask him the same thing. Go ahead, Joey. So, you know, helium has sort of found a niche that works really well and has seen a lot of support from incumbents, so maybe we're looking for drama where there isn't really any. But, you know, on the Iot network, we use ism band space. That's public access. Just recently there was an issue with the FCC where another company was trying to directly license this otherwise public good range of wireless access. And so went and wrote a bunch of petitions to the FCC to make sure that doesn't happen.
How Helium Works with Existing Carriers
And I'm also on the board of directors of the Lore alliance, so we did a lot of work there to support this use case. On the mobile side, it's more than just helium mobile. We actually have top two out of three of the top us carriers are roaming onto our mobile network. There's no fight from them with what we're doing. They perceive a value here in effectively a different way than we are with helium mobile as a carrier on its own. So it's a little bit of a wild west in the sense of we're going to do this in a way that you've never thought to do it, but we're doing something that is an equal value to all the players out there. We're not really killing anyone's business here.
Exploration of Cost Benefits
Yeah. Joey, aren't they saving a boatload of money offloading data to the helium miners? Yeah. So these carriers can come and access all of these gateways that people go and set up and then those people get paid directly for it. So, yeah, the current rate is fifty cents a gigabyte as a reward for hotspot operators, rewarded in this mobile token. That may change over time as we sort of feel out the market and understand regional, excuse me, regional impacts, but as sort of a base layer and like where we're at right now, that's kind of like the approach. Exactly, exactly.
Conversations on Market Dynamics
Dabo, what do you have for us? Yeah, I want to mirror the same thing literally from the other side of the planet. One of the strengths that deepen has, and especially like helium, us being in the area of connectivity. Yeah. We're at the bleeding edge of how to build out these networks in a way that telcos and governments haven't seen before. But connectivity is such a gnarly and big problem that in this particular area, the government is way more enlightened about what possibilities exist and they're willing to give way more latitude on things. And our approach has mirrored helium in a lot of ways where we spent, I think, all of 2018 and 2019, working with regulators, helping draft telecom policy so that you could have bandwidth reshared and all of these innovative ideas.
Increasing Compliance and Opportunities
So I think it's a great question. It actually highlights one of the hidden strengths that's not obvious, that deepen comes with, which is we're actually better at compliance because in a lot of ways we're a public good and therefore are seen in a different light by the powers that be, as it were. No, exactly. I mean, honestly, couldn't have said it better myself. I mean, I've been preaching about what just deepens like helium, like what Daba network's been doing as well. Just, I mean, it's really incredible to see our vision, our kind of our unified vision come to fruition, like with stuff like this, with news, like what healing mobile just did with USC. And I, I just, I don't know, I love seeing everything kind of play out.
Expectations for Future Developments
We're almost expecting it to play out the way we think it is, right? Like we see the future and we're like, oh, that's what the future looks like. Cool. And we're trying to get everyone else to like catch up to us in that mind share. But it's just, it's still fun to see it play out. It's almost like we all know what's going to happen. We're just like, oh, yeah. Like most companies, most infrastructure will be, will rely on D pin methods, will, they will rely on data collection through, you know, dpin style ways. And it's, and it's just, it's amazing still to my ex got a phone call, sorry, I don't know what that was, but. No, Joey, go ahead.
Insights on Carrier Offloading
Well, you know, just sort of touching on this like carrier offload story. And this holds true, you know, like Hivemapper, all these others, like, they work. The reason these things work is they work with third parties that find value in the platforms they build. But like, I ran the number, or the team ran the numbers yesterday on the top carrier offload helium hotspots that are out there today. And over the past week, the top three earned over $100 worth of mobile tokens for the data transfer that they executed. The top what is, yeah, my list, like everyone else down, this list is like over $50 worth in that fasten past week.
Exploration of Deployment and Infrastructure
Like this is value of carriers going and leveraging these networks. This is kind of what that story looks like. This list is some 1600 or so gateways long. Like this is not representative of everybody. This isn't always going to be true. What is it? Past performance isn't future performance, that kind of thing. But to take a look at where people are deploying these things, and we're going to try to get a little blog post out about this to showcase what a good deployment looks like and how you can make this impact and tap into this market. You really do become a piece of the overall infrastructure. You become your own cell company, in effect. It's a pretty exciting opportunity.
Shifting Dynamics in Telecommunications
Like you said, too, Joey, the goal isn't to replace these organizations. It's more so to show them a different way of doing this. Obviously, we will have more competitors in the space, and they might possibly replace these organizations. But I feel that these organizations like big telco companies, big tech monopolies and whatnot, they'll just end up having to co op the technology eventually or just kind of adopt it, or in the sense with healing, mobile miners just do the carrier offloads, because, one, it just makes way too much economic sense for them to do so. And two, you will have grown or deepen as a whole will have grown into such a giant that they can't ignore it and they can't say, oh, well, that's not legit.
Concerns and Security Issues
There's still security issues with that. There's still compliance issues with that. No, no, in the future, that's not going to be a thing anymore. Right. Well, a kind of wild piece of this is they need it. They can't get deep indoor coverage. They can't get these venues. And so the opportunity to onboard these things, make them sort of openly available, is really the key unlock here. Look at that hive Mapper, right? Google Drives down my street once every four years or something like that. But I can go look at Hivemapper and somebody's been down there in the past month just because there's a ton of people driving this stuff around and they have the ability to contribute to this greater good.
Scaling Innovative Solutions
And so it's really the only way these types of things actually can scale. No, 100%, Joey, 100%. I'm really happy you brought up Hivemapper because I do want to get into some news that came out with them recently. But before we do that, we're a little bit over halfway in the space, guys. I don't know if you ever heard of the game coconut telephone, but a space, when you're trying to recall it to a friend, it usually doesn't end up being translated very well when you try explaining, hey, man, this space was really cool. This is what happened in it. So instead of doing that, just make sure you retweet this space, guys, to all the listeners in the audience, please retweet this space down there so that any friends of yours that could make it today, they can listen to the recording, you can share it with them there instead of you having to translate it and maybe mess up some of the messaging like coconut.
Hivemapper Updates
Coconut telegraph or coconut telephone. That's a telegraph. Jesus, whatever. I'm like from the 18 hundreds over here. My God. But, but with Hivemapper, I don't know if anyone here saw, but they just announced that they're going to be entering the hivemapper bee into mass production. Finally. Finally. I'm super happy about this. I've been waiting for a while for the new b to come out. I know they've been working out a lot of the kinks with it and whatnot, making sure it's perfect for mass production as well as getting some of these supply chain issues worked out. But we're finally entering mass reduction with that. They're shipping out to testers only this month, so they're still working out some kinks.
Hivemapper Bee Excitement
I'm just, again, really excited to see that they're going to be entering mass production. They're getting out to testers this month. I believe they're getting the rest of them out. They're hoping for a late q four shipment to the rest of the community. So anyone who's ordered a hivemapper bee should it, should be expecting it sometime in December. Apparently the bees going to have lots of upgrades. It's going to have greater positional accuracy as well as extra stereo cameras within the camera to help kind of create a better 3d image. So that's really neat with those upgrades there. I guess my question for the stage panel here, my question for all you guys is have you been waiting one? Have you pre ordered one? Are you going to order one? What's your story with the hivemapper?
Personal Experiences with Hivemapper Devices
Be here. Andy, have you already ordered one of these? Yeah, I've got one pre ordered. I'm waiting patiently. I'm really glad to see the news. I wish there had been more communication up until this point. A big set of comments in my YouTube video comment section and on Twitter. Whenever I talk about the passive income and highmappers, one of them is where's my b? What's the status on it? So it's nice to see some actual images and updates. I hope it's smaller than it looks in the prototypes because it is quite ginormous. But hey, if it does everything they say it's going to do and it's just as profitable as the previous generation, then I can probably put up with that because it has been a runaway smash hit. If you got in a year ago and have been running your hivemapper, I have lots of success stories, people who post these on my YouTube channel, but also, like, in my private community, I had one member who actually literally paid for his entire wedding just from his honey rewards from his hive mapper.
Market Possibilities with Hivemapper
So, yeah, I'm stoked because, you know, the opportunity with all these is incredible. But, you know, everyone loves some new hardware. I want to get my hands on it. I want to start running it and operating it, see what the rewards are like so I can start talking about it. Do you have some devices currently? Do you have some of the Hivemapper devices right now? Yep. Yeah. The first generation. Not the upgraded one, the. Just the basic dash cam. Nice. Yeah. I'm super excited to become a part of the ecosystem. I preordered one back in February or March for the b, so I'm really excited to get one.
Installation Plans for Hivemapper
I just really want to install it in my wife's car and just drive it around a bunch because she doesn't really drive too much. And I already installed a demo device in there, so now she's going to be like, what the hell is this? Like, why are you installing another thing in my car? So we'll see. We'll see. We'll see if she takes guys. We'll see if she'll let me do it. But. But nfts, do you have. Do you have a pre order for this? Did you already buy one? What's going on with the.
Discussions on Technology Integration
I have to. I work for the guys. Right. If you're a deepen enthusiast and your car doesn't look like a DeLorean. Yeah, I mean, listen. Yeah, the units, I think that was also some of the hesitation was sharing some of the images that we had coming in was like, we didn't want to send the wrong impression that the device, like, this was its final form. Getting the technology nailed down is so important, and especially when we're talking about externally mounted RTK devices versus, like, an internally mounted be without RTK.
Improving Accuracy with New Devices
So we did kind of a more of a long form post where you can check some of the visuals that go into this, but being able to see exact positioning in what I would consider, like, an urban jungle is incredibly hard. So if you've ever been walking around with your gps on your phone and you notice, like, the drift where it pulls your avatar, like, halfway across, like, this is especially prominent in places like New York City and stuff where you have lots of, like, steel iron structures that are interfering with the signal relays and things like that. You just want to crush it here. And this is like ten x better than what we could have ever imagined.
Potential of the New Hivemapper
And so even though we're pushing through the final phases here, I think the conviction is that once we get these devices out and we get them in mass, we've already got like 27% of the world map. But to be able to put 30,000 plus new cameras out into the world and to start covering the more sparsely populated areas, and we're forming partnerships, we're having conversations with how to get these cameras into other parts of the world faster, better, with better production quality. It's going to be truly game changing to the point where Google right now is really starting to realize street imagery is something they lack.
Competitive Landscape and Google
They just put out announcement in the indian press, I think six days ago that was about them rolling out street imagery into some of these countries they had previously ignored. And to that, I say, you know, too little, too late. We're here. We're going to win. Too bad. That's so funny, man. Oh, my God. Yeah. I mean, like, what's Google even thinking? Like, you have Hivemapper out in the world now. It's like people, indian residents can go buy a camera and start mapping the streets themselves.
User Engagement and Mapping Technology
And to your point, too, I was really curious about, just like, certain areas in the world, I'm, I just like going Google maps and kind of like, looking and just like, doing, like, kind of the street walks and whatnot. And, some of those images are really old, bro. Like, they're so old. Just like Joey said, you know, like, some streets haven't been, like, mapped in, like, years, dude. It's insane. but I saw a lot of hands pop up here, so we're going to go Matt, Gabriel, and then Andy, or, sorry, Matt, Andy, then Gabriel.
Engagement with Community Insights
I think that was the order, but just correct me if I'm wrong. Yeah, yeah. Thanks, man. I love this conversation, and every week, thank you for putting it on. Wolf and William, Andy, everybody who comes through here, I learn a lot, and I'm trying to still get my head around, especially when it comes to deepen for mobility, like hivemapper and demo and then their soar chain. Maybe you can help somebody like myself become a little bit smarter. And what are the differences, perhaps between soar chain demo and Hivemapper? And where does hive? I mean, what is the niche? Maybe that separates you from the other ones, or maybe you could help walk me through.
Comparison of Technologies and Offerings
Yeah, and I'll be really quick on this. So I'm not dominating, but when we're talking about the hardware versus software versus what kind of data collection methodology you're using, I think with demo, we're more talking about the internal automotive intelligence in terms of how this vehicle is functioning. And I compare it similarly to dongle tech that insurance providers would use. What am I thinking? Flow. What's flow from progressive like they had progressive. Yeah, flow from progressive, like safe driver discount type thing.
The Intersection of Mapping and AI
There's a market for that data, and that market goes into insurance providers, hardware manufacturers, everything. And as they are able to aggregate that intelligence at scale, it just brings higher level value into that side of the business. Mapping is a different beast, and there are different pathways people are taking to solving the mapping problem with us, the cameras, being able to capture street imagery is great. And I think being able to go into something like our scout system, where you can use map credits to essentially survey a particular stretch of street, is valuable, but that's not the only value.
Advantages of Accurate Geolocation
That value gives us kind of the direct imagery that you might be able to do with just kind of a standard camera. It's like, oh, I took a picture. But being able to geopin exactly where that image was taken and what it is in proximity to the car is what brings the mapping function to life. And so really what we're talking about is our AI plus the mapping device that's capturing the street imagery, where the device is doing a lot of the heavy lifting of saying, here's an approximation of where we see things, the distance against the moving vehicle.
Future Implications of Mapping Technology
And I can, with a degree of confidence, we call it like centimeter accuracy, say that is a stop sign and it is located on the right side of the street and at this intersection. And so that nuanced detail, while it seems, you know, small, if we're just looking at, well, was there imagery captured on my street is super important when we're talking about data scraping for the future of autonomous driving. So specifically, people that are using navigation apps that want a degree of accuracy beyond, like, here's the street intelligence we have from three months ago.
Navigational Systems in Real-Time Context
That's not going to improve your logistics, that's not going to help you with emergency services, and that's certainly not proactive enough to load into something like an autonomous vehicle and expect that it's going to be able to navigate the street infrastructure with a high level of fidelity streets change all the time. Hurricane just blasted through Asheville. There's no way in hell right now you're going to want a self driving car running into a river. So like this is on two sides of the equation. Preventative proactive data loading.
Scaling Decentralized Mapping Solutions
And then on the other side, just having this scale, decentralized scale of imagery that we've never been able to see before. Thank you so much. Yeah, thank you for that, dude. And tease. You're just freaking incredible explaining this stuff, dude. And I, you know, I like to break things down and keep it like super high level, but like you just did that so well, man. Andy, did you still want to say something? Yeah, yeah, I just wanted to jump in. I didn't realize we had someone from a hivemapper up here on the panel.
Exploring Accurate Location Data Solutions
So while I've got you cornered, I was, you know, curious on the location piece, obviously, you know, having super accurate location data is really important. And I totally get the reason why. On the new b device, it's all on product, it's built in, makes it really easy to onboard new people, et cetera. But for the old devices, I'm also simultaneously a fan of Hivemapper and Geodnet. Huge fan of Mike over at Geodnet. Love what they're doing. Why not officially partner with them?
Strategizing Partnerships for Enhanced Technology
They have a great new mobile RTK product that they, you know, they're officially partnered with demo and some others to get that, you know, centimeter accuracy level down to car mobile platforms which, you know, you unofficially connected with Hivemapper. And you can see incredibly, you know, improved mapping in terms of the GPS accuracy and stuff, Gnome GNSS accuracy. So why not officially partner on your older devices? I'd love to hear your thoughts on that.
Hivemapper's Considerations on Partnerships
That is such a great question. And I can't say that we haven't considered these things. I think we've even had rolled out programs with helium. Joey, if I'm not mistaken, with deadpinning, where you're using essentially the device latency and the relaying of signaling to determine geo position and accuracy. So if you have a coming in and out to a point of reference being a WiFi, some kind of stationary router, you can kind of improve the accuracy. It's not that, it's not a consideration.
Integrating New Opportunities in Mapping Technology
I think there's a lot of material work that we want to have done ourselves to get it as close to perfect as possible. And then we want to invite in other parties to help enhance that product capability set. And a lot of this is also to increase the efficiencies, so that the AI trainer, if anybody's played our games and you're doing azimuth and positioning, if it's off, sometimes it can be a street over. And so the AI has to be intelligent, it has to be learning.
Data Integrity and Future Collaborations
And so if we're getting data inputs that improve and accelerate the fidelity of those games and leading to a better product overall, then once we got it there, we know where we stand from a position of like, this is how close we can bring it to perfect on our own, then we can start inviting in other conversations. But that's not to say I'm not interested in it. And I've heard the cries, Ariel's heard the cries as well.
Hivemapper's Future Roadmap
It's just been not super focused for us at the moment. I think once the be is out, we can start talking about how we can load this up for everybody else and make this a better experience all around. And that also speaks to the fact that the old cameras are still going to provide tremendous value here, and we're going to have them still functional and still operating within the network for plenty of time to come.
Sustained Value of Existing Equipment
No, that's good to hear. Nfts that the old camera operators are still going to be, again, relevant and whatnot. I think certain people did fear that, oh, man, I have to upgrade, kind of like how I upgrade my phone or my desktop to this new camera. And it's good to hear that's not the case entirely. And I'm just, again, I'm super stoked to finally get my b camera and start mapping just because I've been anxiously waiting this entire time.
Anticipating Market Changes
I want to start farming more and maybe become an Uber driver again at some point. Who knows? Especially if the market keeps going down like this, we'll certainly see. But Gabriel, what were your thoughts on this, man? Yeah, I think the previous questions were kind of in line with my questioning. So I just kind of want to continue on this idea of new hardware.
Technological Innovations and the Hivemapper
So when I'm thinking about these decentralized networks, for example, bitcoin, if there's a new infrastructure that comes on the scene, that's much better, it's going to drastically impact the market. So in addition to, like, from the user's perspective of ease, like, yeah, I can use the old infrastructure, and Hivemapper may partner with other people if I use this new B camera. Like, will my rewards better because I'm providing better data? Will it be more reliable because, like, it'll be able to scan a wider area?
User Experience with New Hivemapper Devices
Like, what exactly. Are like the benefits as opposed to just sticking with some of the older hardware. Yeah, I think they've been clear that there is going to be probably better data coming through the device, which would lead to a better token admission. To be candid, I don't know to what degree at this point. Like I said, it's not going to be so much of a punitive action against the existing. It's more a boon for people that are spending probably a little bit extra on these type of cameras, having to stomach the weight and bear with us while they will be reaping the rewards of participating in another phase of this, where it's especially important in terms of our growth and moving out of proof of concept into developing these relationships we have with major map data providers.
Strategizing Partnerships and Growth Opportunities
You know, here technologies is still working with us. We have a handful of other ones which, you know, after I get past the red tape of, you know, the months that we need to have in trial before name dropping, I'll do that. But we're showing off to them right now and they're largely impressed with what we've brought to the table, but we're challenging ourselves. We're like, it's not perfect yet. We want to get to a point where the amount of friction is so minimal that people are logging in and having a conversation with us.
Message of Progress and Development
We're taking them through the map feature sets and everything they're able to get. We show them the price point and they go, holy shit. And we are getting some of that holy shit moment right now. But I'm telling you that this next phase, this next chapter is going to usher in the big mouth dropping moments. And that's what we're really excited about.
Gathering Information
Did I kind of gather some of that? Because if you're trying to partner with. Other people, it's better positional accuracy. I think it prevents lift, but we're still detecting the same objects. I think that's more of a programming function of having the AI recognize what it's seeing and then loading that into the program. So were requested to do speed cameras and were able to roll out that as kind of a unique function of our system. And God, it felt like 30 days, maybe less. And it was like, oh, well, we need. These guys asked for it, so we're going to build to that thing. But it's not like, oh, well, the bee can detect it and this one can't. It's just the level of fidelity in which it can detect it. Gotcha. Thank you. Thank you. Yeah. Thank you so much.
Transitioning to Daba
Nfts, I know we're reaching the top of the hour here. Cade, I was going to ask you, are you doing a soft transition to the daba ama, or are you doing, like, a hard transition into that? William, do we ever. Do we ever do it hard, or are we. Are we going hard, bro? This is wolf web three. We don't do soft transitions. No, I'm kidding. No, I will say this. It's been an awesome conversation. More so. Just been sitting back and learning. Like, it's been pretty cool. You know, we got the helium guys in here. We got hivemapper, we got Davao. We got a bunch of big projects doing a bunch of cool stuff. Got a bunch of people who are in the deep ins community a lot deeper than I am, at least. And so that's the benefit of me being able to just be around a bunch of experts and then the people in here as well. Like, definitely, you know, look up left, right and center.
Networking Opportunities
This is the coolest part about space, is the networking aspect of things and be able to just click the follow button, shoot a DM, be like, yo, love what you said in the space. Let's talk. Can we change the name to deeper? Deep in. Can we change the space name to that? Deeper in? Deepen. Deeper. That's. That's not a bad idea. Deeper. Deeper in. Deep. Yeah, deeper in. Deepen. That's. That might. Yeah. This guy's trying to get a promotion here. It sounds almost sexual, and I like it. Just, like, enough where it's, like, mysterious, though, you know? But yeah, guys, definitely give a follow to all the speakers up here.
Following Up
I. And, you know, follow Andy, follow William. They did an excellent job hosting the conversation, throwing the mic around. It's been awesome. Burrito, Joey, NFts, Gabriel, Dabba, Matt. Thank you guys so much. We are going to roll into this AMA, though, with. With David network Dabba, I was going to say, is there anyone else you want to bring up? I think I see. I saw Don and down there a little bit ago. I'll shoot him an invite as well. But, yeah, guys, I mean, definitely stick around for the conversation. We're going to keep it rolling here. So, like I said, please go follow all the speakers. You know, a few guys, a few of them, I believe, are sticking around for the next part of the conversation.
Dabba's Growth
But Dabba, you know, they're backed by some awesome investors, like multicoin capital, borderless capital, Y combinator. They're trying to take it to the next level, bro. They're built on Solana deploying across thousands of hotspots across India, like they were saying in the space that, you know, we just had. But we are going to roll into this one. So like I said, we really appreciate all of you. And I'm going to be transitioning some speakers up right now, so don't take it personally if something happens. You know, spaces is rugging. That's always my excuse. Let me. Yeah, William, what's up? Before I leave the co host position, I'll just give one last little take here.
Conversations on Connectivity
I just want to say I loved today's conversation, guys. USC and everything going on with that, with helium mobile as well as the Hivemapper discussions, just really enjoyed that. I will say, joey, I know you're a USC fan now, but I'm just going to be a diehard Knowles fan until I die, literally. And I really hope that helium mobile decides to come to Florida State University at some point just because I will never be a Trojan fan. I'm sorry. All right, next one then. Perfect. Perfect. And in later news, too, one more little piece. Puff paw. The vape to earn deep in is still a thing, guys, unfortunately. So hopefully that pans out to be some incredible deep in project that we've never saw coming and they make the most revenue ever. But who knows, right?
Transitioning to New Technologies
Love it, dude. Love it. Well, good luck as always on that one, I think is maybe the right. I'm not sure if that's the right thing to say, but hey, we'll see what happens. But anyways, guys, we got David network up here. I'm transitioning some speakers up to this stage right now. But like I said, they're built on Solana deploying thousands of hotspots across India, delivering super fast, affordable Internet. And also when you grab one of their hotspots, they handle all the installation and maintenance when you purchase your own. So you can get, you know, you can get super involved, you can start tapping into those deep in rewards. I'll pin something at the top here in just a second. Dab, I'm shooting you an invite right now. Coast invite.
Dabba Network Overview
I know some of us are familiar with you because you were just up here, you know, on stage talking about deep ins, but would love for you to give a bit of an overview on everything you guys are doing at Daba. And then I'm kind of happy to roll into this AmA. Yeah, for sure. I mean, I love the last hour of conversation and I just wanted to end the last one to help the transition from the previous one to this AmA smoothly is it's so underrated how AI is going to play such a strong role with Hivemapper as they go forward. And I think one of the things about deep ins that people don't get is deep in networks that scale tend to produce a lot of data.
Data Utilization
And to make that data useful, you're going to have to throw AI at it to make things better. So I think that, you know, it's amazing that five map is going to show a concrete way and a non hype, actual, novel, useful way where AI is going to integrate into deepen with not in a buzzwordy manner. Love it. Love it. Also, sensei, I saw you had a hand up a second ago and then it dropped down, but didn't know if you wanted to hit us with some. Sorry, I was jumping on. I was trying to wave at people. I was trying to be cool and stuff like that, but I wanted to listen a little bit more before I jumped in.
Engaging with the Audience
Totally my bad, guys. Sorry about that. But I'm glad to be here. let me get a little bit more knowledge, and then I can jump in with some love. Thank you, Boomer. Yeah. Great to have you. Great to have you, man. Great to have you. Absolutely, I will listen, I mean, I would love for you to kind of just so you guys have been super successful in the web two world. Had a ton of success there. I guess this would be like an interesting conversation, just kind of tapping into the whydeh. Why bother coming into the blockchain world?
Discussion on Token Launch and Plans
Where are you at? Because I was looking, I was trying to find information about your token on Coingecko coin market cap. It wasn't there. So wanted to hear more about that and what your plans are for token launch. Have you already launched yet? Because I can't find it. Yeah, great question. So you will see us launch roughly before the end of this year, in a couple of months, very shortly. It took a little longer, honestly, for us to make sure that were regulatorily compliant across all regions and that sort of thing. So getting that stuff out of the way with lawyers and paperwork. Obviously we should have known earlier, but it took a little longer than we expected. But now you'll see us launch with RTGE very strongly. We have a ton of really interesting conversations with exchanges, market makers, launchpads, that sort of thing. In fact, we've gotten great traction on the Jupe launchpad so far. You'll see us in other places. So you're going to see a really strong launch very shortly is the best that I can offer at the moment. But yeah, coming extremely soon. Keep an eye out for it.
Details on Launch Strategy
That's really awesome. Are you going to be doing any kind of idos or is it going to be basically just like a launch on maybe a CX or Dex or anything like that? So you're definitely going to see us launches on sexes for sure, and really good ones at that. We've got great conversations going at the moment, but there are other things that we are going to do as well as the lead up to that and probably in parallel as well. At the moment I can't say much, but we're going to have an extremely comprehensive launch mechanism for sure. Great. I mean, very exciting and I'm so excited that you guys will be launching soon and you guys are doing great work. I'll definitely be keeping an eye on your project. It's back to you, Wolf. Thank you. Amazing stuff. Yeah, definitely appreciate you. Lady Trader. Let's start to Matt and then I see Nat's hand after. Well, thank you, man. Lady Trader is always so good. Coming up with the questions and you answered a couple of mine already.
Questions on Deployment and Competition
I love Lady Trader. You do so much for the community. Thank you. So Dabba, my question, obviously there's a lot of limited Internet connectivity throughout India and you're obviously bringing to bear products that folks need. I'm just curious about a couple of things like the deployment cost because it seems like high deployment costs usually kind of coincide with this and also the spectrum availability. But more importantly, my concern is just maybe you kind of talked about it initially. I wasn't sure, but the competition from some of the traditional telecom players in India, like Airtel, what has that been like? So I mean, I know I kind of threw a bunch at you and we can walk through those one at a time if you would please. Yeah, for sure. And I think the most important question that you asked is the last one, which is what about the two large telcos, Jio and Airtel? So there are two things about them. The first is that, as I mentioned, even though we've got nearly 800,000 4G and 5G subscribers, there's still a couple of hundred million more subscribers to go. And the telcos are very much focused on getting those.
Market Growth and Competitive Landscape
They've got a ton of growth ahead. They currently see broadband as a hobby because they're very clear and focused on what their approach is. The second is the room in the market is so big that even if telcos roll out 50 million broadband connections a year, which is a number that's basically unheard of pretty much anywhere in the world, but even if all telcos, both Airtel does 50 million and Jio does another 50 million, it's still going to take them a decade which to cover even sort of a reasonable amount of market share. Like to give you a sense, the US has like 92% broadband penetration, China has about 80%. We're at like six to seven percent. So even if everyone accelerates, and it would be a great thing, the more parties that try to bring it, because the more parties that try to do connectivity, the cheaper it becomes to the customer, the greater awareness build, it makes life simpler for everyone. So first, on a sort of pure business level, they already have a market and there's a ton of work for them to be done in that area and there's no need for them to lose their focus.
Local Competitors and Unique Market Conditions
The second is, even if they do, there's a ton of growth and a ton of room for competitors for at least the next decade or so. And the last and final is, it's worth noting that broadband is a very local game. So even if you're a national company, you're still never going to get 100% coverage of even one city on a broadband level, simply because. Because we're a democracy and we have so many different political parties, we're not so much like the US, where it's really just sort of two parties, where coalitions of a ton of people. Absolutely no. Telco has the ability to get the local permits it requires for any major city or even tier two or tier three city for them to get more than 30% coverage per city. So there are structural reasons why telcos will definitely go after this market, of course, but it's not a market that they're going to own. Last and final point, just why India is a unique snowflake is so cable TV in India traditionally has been distributed by 150,000 local cable operators.
Shifts in Consumer Behavior and Market Strategies
These are small entrepreneurs all across the country that have a couple of hundred subscribers for their cable TV services. You know, this is a guy with a small shop who's got a giant dish antenna on his roof, and then he's got cables going from the shop to a few hundred subscribers and. And he's giving them cable TV. Now, because of the general shift in consumer consumption habits, the whole country is shifting towards watching Netflix and Hotstar and Prime Video and that sort of thing. People are cutting the cord and watching less and less cable TV. So all of these 150,000 local cable operators have to turn into mini ISPs in order to survive and to grow their market. So what we're doing is we're aggregating all of them the same way that Uber and Airbnb aggregates markets. We're going to aggregate all of these suppliers, give them better hardware and DeFi support, and help them build out and expand their networks.
Deployment Cost and Business Model
This is the go-to-market strategy that we're using to deploy countrywide really quickly, ensure a distributed, decentralized and robust system, and gain ground faster than any centralized body like a telco could. Thank you. That's great. What about the deployment costs? Do you face a higher deployment cost or have you been able to bring those down? Yeah, so we benefit greatly from the efficiency of this aggregation approach. So deployment costs are really reasonable with the 199, or, sorry, 299 in total that it takes to buy a router that covers the cost of the physical hardware of the router, the cabling required for the last mile from the nearest local cable operators point of presence, the fiber optic cable that goes from there to the end point, which is the customer's house or whatever it is, and the labor that it takes to cover that, plus the first months of bandwidth for that location.
Economics of Connectivity in Developing Nations
So one of the nice things about the dollar being the reserve currency in the world is in developing nations, $1 goes a long way. So we're confident that at the price point that routers are being sold, we are able to cover both the deployment costs, initial month of bandwidth, plus enough margin to help us expand the network in the early days faster. Fantastic. Thank you. Amazing stuff. Amazing stuff. Nana, great to have you in the space. You've been super patient. We'll throw it over to you. I see your hand. Thank you for having me up, guys. Dawa, that you guys are amazing. Great job in filling that need. That's massive and definitely room for expansion for sure, as Lady Trader stated.
Performance Metrics and North Star Goals
But I do have a few questions for you. The first one is, how many units have you guys already sold? And do you guys have any metrics that you hold your team accountable for like monthly or yearly? Yeah, for sure. Great question. So one is you can see all of the stats on Duba.net work. They're almost live metrics of what's happening. So we've sold just about 2000, slightly more than that devices at the moment. But you'll see a giant influx of new sales happen over the next couple of weeks when we announce some new deals that we'll be able to talk about soon. When it comes to metrics that are a bunch, but I'll point to North Star. The North Star obviously is number of Dubas deployed and sold because that's what matters. That's the underpinning of the network. The second number that we care about is the amount of data consumption.
Data Consumption and Revenue Generation
And we're already approaching ten terabytes a day with just about, I think, 18, 1900 hotspots that you'd see live on the network. The last number that really matters is sort of what is revenue per subscriber? Like, what does someone pay monthly for the Internet connection? Right now we average somewhere between five and $10 a month depending on the speed of the Internet connection that they take and that local cable operator and that sort of thing. But you'll see that number go up. So our three north stars are, well, one north star in the Big Dipper and small Dipper. The little Dipper are number of dubbers, bandwidth consumed and revenue generated per device. And you'll see at least a tenfold, if not greater growth over the next couple of months in each one of these metrics. These metrics will always be transparently available on the Explorer for anyone to see.
Clarifying the Token Details and Use Cases
Wonderful, wonderful. I guess my last question is with regards to the token you mentioned. It'll be launched on Solana and maybe I heard correctly, I don't know, but it'll be launched in form of a meme coin. Did I hear that correctly? That was me making a bit of a joke because I was really inspired by this really amazing talk that I saw at Token 2049, the conference and just the general growth of meme coins. It just seemed like a fun way to talk about the project. But now what a serious long term project with a deepened project. Very little to do with memes at the moment. Yeah, that confused me a little bit. But thank you for, thank you guys for clarifying. Yeah, same as Lady Trader. I'll be keeping a close eye on this project because it could be something massive. Great job to you and your team.
Discussion on Expectations and Future Projections
Let's get it, let's get it. Love to have you not and definitely everybody else on the panel, if we throw up a hand, if you have another question, I want to throw it to Andy. Haven't heard from him yet. And then we'll hit sensei. Hey. Yeah, so, you know, I am a very passive income focused person. That's what I talk about on my channel. So I, you know, want to know the various numbers and stuff. I know you are pre TGE. So there's no token yet. And to my knowledge, the hotspots currently earn what you call Genesis rewards one. Is that correct? And then how did those translate into the actual token when TGE happens? Yeah, great question. So, yes, pre TGE hotspots that are being bought right now earn Genesis tokens, which will sort of be. I can't tell you the exact number, but it'll be near one to one ish.
Launch Details and Token Structure
Thereabouts. In terms of the actual token, once that launches, there is a bit of a lock in and vesting period that will occur for any of the Genesis tokens that are rewarded right now on our GitBook, which is GitBook.dhaba.network. You can see all of the details there, as well as a calculator to see that. Hey, if you bought a hotspot now, how many Genesis tokens would you receive until TGE? And of course, what is the lock investing schedule for those tokens? Great. That was my next question. Is there a calculator? And there is. Great. Love it. Thanks. Perfect. Perfect. Sensei, I see your hand, brother. Yeah, he's kind of, you know, your friend Andy. I was trying to go down his, you know, street kind of, you know, what is the expectation of, you know, what people will be making on these devices?
Economic Incentives and Operational Models
Do you guys kind of It sounds like you have a calculator that people can kind of plug in and figure this out, or do you have some rough numbers? Like, if I bought a pro today, you know, in three months, I would make x amount of whatever the currency is. Yeah, for sure. So first thing to note is right now, only the light device is available for sale. The pro and the laser will be launching soon. They're just pages on the website there to sort of give you a sense of what those devices are going to do. So in terms of Genesis tokens, right now, wait, actually, let me describe overall rough tokenomics to give you a sense of things. So we've got a 10 billion fixed maximum supply of tokens. Tokens are emitted on a daily basis. So one day, 124 hours cycle is one epoch. Roughly 1.6 million tokens are emitted daily.
Token Metrics and Market Strategy
Basically, we're emitting about 10% of the supply every year, and it sort of decays by 10%, though all supply will be emitted mostly by like, a 2030 year period. And the reason we believe that's a reasonable timeframe is, like I said earlier, there are hundreds of millions of Internet connections that need to be rolled out, not just in India, but everywhere else in the world. So Dabba definitely has the roadmap of growing for at least the next two decades or so. So if you look at things, season two right now, that's going to get sold out fairly quick over the next couple of weeks, which is 10,000 units. If you do the rough math of 1.6 million tokens divided by about 10,000 units, you should get a rough idea of once TGE happens, what kind of token earnings per day can occur. But as I mentioned, there should be a calculator on the GitBook. It talks about the Genesis tokens mainly.
Burning Mechanism and Token Utility
But thank you for this question. We will add a calculator very shortly that will lay out post TGE, what did those calculations look like in different scenarios? Yeah, and another thing, too, I've seen sometimes, I've been in crypto a little while now, and I've seen gone through hundreds of different projects, interviewed a lot of CEOs. I've seen similar projects like this. What is the sell pressure, the daily sell pressure going to? Do you guys have a plan on claiming these rewards? Like, you know, for example, for instance, Xi has a plan where, like, if you wait the full six months, you can claim 100% of your rewards. If you do three months, you get like 66%. And if you want them at, you know, in like, 15 days, you only get like 25% of the rewards. Have you guys thought this through? Because sell pressure is going to be something that you guys are going to experience a lot of. And so I'm wondering, what is the plan to fix or battle against all of that sell pressure?
Addressing Sell Pressure in Tokens
Yeah, excellent question. Thank you so much for asking that. So this is something that we've been very cognizant of from day one. So as a matter of principle, for example, we have not done any random air drops or sort of given out tokens willy nilly to anyone. The only people that have been rewarded are people that buy hotspots. So that's one. There aren't a ton of tokens that have just been handed out to random people. The second thing is, there are core structural uses for the token inbuilt into the core product itself. And then there are some further things that I'll talk about. So first the core structural things.
Token Utilization and Business Model
So the first thing to note is the device costs 199 to buy and you need $100 worth of Dabba token in order to onboard it on the network. So basically to prove that you earn it, you'll have to burn about $20 worth of DBT and you get an NFT of ownership minted in return. There are a couple of things, other things, those details again are on the GitBook, but short version is 199 to buy the device plus $100 in Dabba token to onboard it to the network. Every single device that gets onboarded, there is some buy pressure that is created structurally on that. Now, the second thing that matters is the core utility of the token. So the system that we have is you buy the hotspot and one of our local cable operator partners that you select based on sort of who you like, based on their metrics and that sort of thing, who you select, they deploy and maintain the hotspot for you.
Operational Support and Maintenance
So what they do, the local cable operator does in return for maintaining your hotspots, like should the Internet connection go down, should the cable get cut, does the person who have the hotspot and customer support things along those lines, the local cable operator charges you a small percentage of your rewards. So all rewards, 60% of all tokens minted, go directly to hotspot owners, the 1.6 million that I mentioned earlier. So from those rewards, you have to pay the LCO with those rewards in order for them to continue maintaining your hotspot. So this core utility built in for you to pay to manage the network. There are other things that you will be able to do, like help subsidize the cost of bandwidth and a whole bunch of other useful things that we'll bring in with the token.
Adaptation to Market Changes and Future Plans
Now, sort of coming back to other things that we're going to do to reference the conversation and the point that you made that when you've talked to other CEOs and that sort of thing. So I actually took some time to talk to about eight or nine different CEOs of different projects over the last four months. Who all launched their tokens very recently, some on sexes, some on dexs, to all varying degrees of success and failure. The one thing everybody said that they made a mistake on was they did not have enough utility and tools for people to do things with the token once they got it post TGE. So one of the things that we're going to make really short of is we're going to have very cool, robust staking systems in place and other things that you will be able to do the token to do with the token, so that there's nothing else that once you get the token, you might as well dump it.
Strategic Measures to Ensure Token Value
So number one, no random airdrop to anyone. Only people who care about the project and who has bought hotspots have been rewarded with tokens. Number two, there are two core structural things inbuilt into the product that make sure that there is constant buy pressure, especially as the network grows. The number three thing is there are going to be a strong set of tools and other uses like staking, etcetera, that will be there in place when the TGE happens. So people can do things with their tokens and not just dump them. I love that, man. I run a community called Krypton errors, and my community is very involved in projects like this, you know, that give you passive income. So I'm looking forward to it.
Market Integration and Deployment
Maybe we could do some type of AMA with you guys. I'd love to ask more questions and talk more about it, but I'll throw it over to your friend Andy. Yeah, thanks. I was curious about. So, you know, if you buy, if someone buys a hotspot, it goes to a location, it gets deployed, set up, it's, you know, serving some end WiFi clients and stuff like that. What's the term on that? How long will it be at that location? I was reading the docs and I think I saw your, on your LCOs, it's maybe seven years, is that correct? And then what happens at the end of that period, whatever it is, or if they were to cancel in the middle of it, what happens to the owner, the purchaser of the hotspot? Awesome.
Lease Agreements and Customer Relations
Thank you for those questions. Yeah. So first is, yes, once you purchase the hotspot, you are leasing it to the LCO for a period of seven years. Now, the reason we have a seven year period is we've seen that seven to eight years seems to be the not average, but the 96th, 97th percentile lifetime of the hardware. So it's reasonable to say that you over a seven year rate, and we know this sure from experience because is we've been rolling out thousands of these hotspots over the last seven years, is basically about two or 3% of hotspots will completely die, hardware will fail, but at least 96, 97% of hotspots will survive seven years and beyond. So that one is why that seven year period, number two. Also, it is reasonable to assume that WiFi has been around for almost a decade.
Technological Considerations and Future hardware
Wi-Fi six is just picking up and we're rolling out Wi-Fi six hotspots. It's reasonable to assume that we're still globally in early adoption of Wi-Fi six. And Wi-Fi six is sort of going to be the default standard for at least seven to eight years. Wi-Fi seven is going to take longer because, for example, in India, you can't do Wi-Fi seven because it uses frequencies that are not open to the public. So that's another reason why seven years because we think that'll be the lifetime of this cycle of technology. Now, coming to the question of what happens at the end of the seven year period, you have the option to renew that lease or even change your LCO. Because, of course, as long as that hardware is useful and as long as people are using it and paying for the service, you will be allowed to renew that lease.
Device Relocation and Customer Satisfaction
Now, when it comes to the question of failure in terms of say it gets installed in a customer's house and the customer chooses to cancel that location or they're moving or something like that, you have the option of relocating. So if the customer cancels the connection, your hotspot will automatically be retrieved and then installed in the next customer's location in queue. But if you, for example, say, hey, I am unhappy with the way that this LCO is operating, I think that other LCOs are doing better. My hotspot doesn't seem to be getting enough data usage and revenue. I want to move my hotspot. Yes, you are provided the option to select a different LCO and relocate your hotspot. In the beginning, we're not going to have any sort of relocation fee or anything like that because we want to see how that plays out.
Managing Hardware Issues and Support
But in the future, to relocate your hotspot, there will probably be a fee. We don't see relocation being much of an issue because we've been running thousands of hotspots over the years and relocations are in under like 1%, 2%, not even that. So we think that it should be stable for seven to ten years thereabouts. And if it has to be relocated, or if any of those things occur, is that all automated right now? Whereas me, the end, the person who is leasing this thing out, I don't do anything on my end. And then what if it is one of the edge cases, one to 4% hardware failure what happens then? Yeah, so you'll see a robust set of tools for that appear on your dashboard on the Explorer. As the owner of the hotspot, if it needs to be relocated, for example, you'll get an alert and you should just approve that's how the process will be, so that you've been notified that this is happening.
Customer Notifications and Hardware Replacement
When it comes to RMA or like hardware failure types, we will swap out the unit and notify that for you. If it is a hardware failure, we will replace the unit at no cost to you. Cool. Thanks for answering. Perfect. I see Gabriel's got a hand. Gabriel, throw it over to you, brother. Yeah. Thank you. Thank you. So I've been kind of going around all the different websites you've been talking about Daba, looking at a bunch of the different spreadsheets and trying to, like, better understand this. So to clarify previously, so the tokens, DBT, that's miners, obviously, but you referred to Genesis tokens from before. Are those Genesis tokens like the tokens that would be emitted in the first year, the 10% number that I see on this spreadsheet, that goes out to like 99 years?
Understanding Genesis Tokens and Their Earning Mechanism
Yeah. So the Genesis tokens come from a pool that is held by the foundation. Genesis tokens don't get affected by the emission. The emission clock kicks off once TGE happens. Right. So, yeah, so they're all. So, yeah, they're all the same token. Okay. Yeah. So then the mechanism is the people who are, you know, utilizing the services that these routers provide, they're going to settle their payments in DBT. I saw the pool is DBT USDC, but that's going to create like a burn pressure. Could you speak more to the burning that takes place and. Yeah, I mean, because obviously if you're the person who's owning the routers, you want to ensure that there's more tokens being burned. So, yeah, I don't know.
Tokenomics and Burning Mechanism
Yeah, great question that strikes to the heart of the model. So this is obviously heavily inspired by helium and a bunch of others, but it's a mint and burn sort of system. So the end customer who's using the Internet pays for Internet access using fiat currency, the local Indian rupee. We take that and we use that to buy and burn the Dabba token, thereby accruing value to the token. That's it. Gotcha. And then, so one last follow up question. There's going to be a liquidity pool for rupee to the Dabba token, and then there's going to be a liquidity pool from USDC to the DBT token. How can that bridge be made seamless? I don't know if you know what I mean, but like, yeah, like how can that, from the person who's receiving the token, like how can that be made seamless?
Liquidity Pools and User Experience
Sorry, would you mind clarifying? So you, the DBT token is going to be on Solana. So you, in terms of getting your rewards, it's going to be like, hey, it's going to go to any Solana wallet of your choice. So it's going to be as smooth as an experience or any other deep end or any other token that you've interacted with. Okay, got it. Yeah, I'll be curious to see how this, yeah, this goes. I think it's a great idea. Great way to move revenue. We'll definitely be thinking about it. So yeah, thank you for that. Love it. Love the questions. Look, guys, we got about five or six minutes left here. We have to transition into an entrepreneurship space at the top of the hour.
Closing Remarks and Future Events
But it's been an awesome conversation. So I do have a couple last questions here, I think. So who are those local, I guess the local smaller businesses in India? Why are they trying to work with Dhaba? What are some of the things that you guys offer to some of those local people in India? And yeah, I guess I asked it twice, but why are they trying to work with you guys? What is that you guys offer? I remember we hopped on a call really early on and you had told that early story just hanging out in those tea shops and I thought that was a pretty cool story, but I'll turn it over to you for that. Yeah, for sure. So to personify a local cable operator, picture this in your head, right?
Persona of Local Cable Operators
So this is a twenties to forties male, someone that's had in a slightly poorer area of a tier one town, or they're in a tier two or tier three town. They've got a reasonable level of education. Most of them got a somewhat of a college degree, but they've got a knack for electronics of some sort. So either they run a small electronic store or they run a small cable TV business. So they have a good idea of how to hook up enough hardware and follow instructions and that sort of thing to run either cable TV services or something like that, but they don't have enough where, you know, they are software engineers or they have more sophisticated marketing strategies and that sort of thing.
Building Relationships and Local Entrepreneurship
So these guys have had a great stable business over the last ten years providing cable TV because their biggest strength is local relationships, right? That person is born and brought up in that neighborhood. They know everybody within a couple of square kilometers of them. And just on a pure personal basis they're able to gain customers and build out that network. To give you like a practical example of how hilarious this is sometimes one of our partners, a local cable operator that will be showing on the Explorer onboarding very soon. When we first started talking to them and onboarding them, when we started asking them, what are the plans that you charge customers for? Like do you give 100 megabits per second for $3 a month, $4 a month?
Challenges of Local Cable Operators
Like what are your plans? And this guy was like, man, I know everyone in the neighborhood and all of the customers, so if they're my friend, they get a low price. If there's somebody that I don't know or I don't like, they get a high price, right? So these are really local small entrepreneurs who've got all of the hustle and all of the savvy, but they just don't have greater exposure in terms of how to grow their business. Fiscal discipline, like better technology support, better financial support. These guys can't get a loan from the bank or traditional things like that in order to expand their businesses. So this is who they are now they have an existential crisis that they're facing and that's part of the reason why they are partnering with us.
Entrepreneurs' Needs and Dabba's Offerings
One is of course all of the support that we're offering. We're making it a thousand times easier for them to expand their networks. Because if you are a small business owner, a small cable operator, every additional customer costs you money. Although you're making more money from that customer, the setup cost for that customer is a pain for you. And so that makes it hard for you to expand your business. So the core value that we bring to them is better hardware, better software, and fundamentally DeFi and helping them build out their network in a cheaper way. But the second thing is the cable TV business is dying. They need to turn into ISPs or they will go extinct.
Market Dynamics and Survival Strategies
They will be eaten by the telcos or they will be eaten by us or someone else. So they're in a very firm evolve or die position and we are bringing them the set of tools and support that it takes them to survive and thrive in this new world. And that's really why they want to partner with us. Amazing, amazing. Love it. Now this has been an awesome discussion. I really appreciate all the people, especially the panelists who had some great questions and we literally just had 2 hours straight of deep in knowledge bombs just being dropped and just nerdy out about the whole thing.
Reflections on the Discussion
So just wanted to say a big shout out to especially the people who've been here for the last 2 hours straight, a few of you guys. And then of course, to the people who jumped in for the AMA. Big shout out to Dabba network as well. Yeah, Andy, Debba, Lady Trader, Matt, I, Gabriel, crypto, sensei. We really appreciate all of you. We got about a minute or so left, so I wanted to throw it over to Dabba. Before I do, please give a follow to all the speakers up on stage and definitely check out Dhaba network. The pin post at the top, you can get involved in their season two. It's now live for grabbing those hotspots and a retweet of space for people who cannot make it to the live stream.
Final Thoughts and Attendee Engagement
Definitely retweet it so that people know all about the deep in conversation and as well as the Dabba network. But we got about a minute. I'll turn it over to Dabba network for any closing thoughts. Call to action. Yeah, no, just want to say lots of conversations. As always, the little bit of alpha that I want to throw in is buy a hotspot while it's available. We had a ridiculously great reception at Breakpoint and at Token 2049. There are tons of new partners that we're going to be collabing with, and things are going to explode over the next couple of months. So get a unit while you can. Get a unit while you can.
Concluding the Session
There you go, guys. Thank you so much for being here. We have spaces every single day here at Wolf Web three. We have one, in fact, in about 45 seconds, talking about entrepreneurship. Gonna do a bit of a roundtable, share some stories, talk about all the things in personal branding. And then I believe tomorrow we've got market talk, we got RWA spaces, then we have a bitcoin mining stock space. So definitely give us a follow, debit network, follow the speakers. We'll see you all later, guys. Take care. Have an amazing rest of your day there. Aloha.