DePIN Roundtable Ep.2 with Helium | Amir Haleem, Santiago Santos, Jason Badeaux, Mahesh Ramakrishnan, Connor Lovely

Follow Proof of Coverage Media: https://x.com/Proof_Coverage Connor, Mahesh, Santi, and Jason are joined by Amir Haleem of Helium to explore the evolving landscape of decentralized networks. They dive into Helium’s impressive revenue growth - from $400K to $2.7M per month - driven by its mobile subscriber base, and discuss the complexities of blending off-chain and on-chain revenue. The conversation covers tokenized equity, sustainable business models beyond token sales, and the convergence of crypto with traditional finance. Amir shares how Helium has shifted from a crypto-first approach to prioritizing service delivery and user satisfaction, offering key lessons in product distribution, user retention, and innovative tokenomics. Timestamps: 00:00 - Introduction 02:25 - Microstrategy and Digital Asset Accumulation  03:42 - Market Trends: Crypto and Wall Street  05:03 - Santi's Perspective on Market Efficiency  06:19 - DePIN Projects and Public Market Strategies  06:41 - Helium's Potential for Going Public  08:50 - Cash Flow and Tokenomics in DePIN 12:07 - Helium's Recent Revenue Growth  12:55 - PMF for DePIN Networks  18:03 - User Engagement and Helium's Growth  19:05 - Helium's Revenue Sources Explained  21:06 - Convergence of Off-Chain and On-Chain Revenue  24:12 - Learning from Helium's Evolution  25:03 - Focus on Distribution Over Product  27:27 - Daily Active Users and Their Interaction  31:26 - Valuable Users and Helium's Ecosystem  33:45 - Cloud Points and User Experience  36:44 - Retention Curves: Crypto vs. Traditional Users  39:59 - Aligning Token and Equity Interests   Disclaimer: The hosts and the firms they represent may hold stakes in the companies mentioned in this podcast. None of this is financial advice.