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If I were to boil it down, I’d say there are three key reasons why Tribe Capital’s Evan Park is bullish on DePIN. The use cases, sustainability, and — of course — the revenue potential.
Tribe’s backed a few DePINs including Wynd Networks (the company behind Grass), flight tracking project Wingbits and Akash.
When looking at DePIN projects, Park’s biggest question is whether or not the project is “solving a problem where real demand can be generated.”
Specifically, when Park is being pitched, he’s skeptical when a project shows him revenue figures that aren’t necessarily…
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