Rocket fuel for networks.
@moneromahesh
@danconia_crypto
| please check our website for full list of investments - this account doesn’t post deal announcement.
1/ There is a Trillion dollar opportunity in
#DeWi
that few people are talking about. This week we are joined by Sal and
@MoneroMahesh
from Escape Velocity
@EV3ventures
to discuss the opportunity in decentralized wireless.
Link:
Short DeWi 🐂 thread👇
We can't believe crypto is contrarian again, and can't remember a better time to invest!
That's why we're so excited to launch Escape Velocity's $25mm Fund I. We will back the next generation of crypto founders building in frontier markets.
@liron
misses what makes
@helium
special: they proved product market fit for proof-of-coverage.
Remember:
1) Telco networks are wildly expensive and slow to build.
2) Helium is bigger than LoRa, and DeWi is bigger than Helium.
3) DeWi improves unit economics in a $1T industry.
As the market moves from being a voting to a weighing machine, our mental models have to evolve to consider crypto's financial role. We strongly believe crypto looks a lot like the junk bonds movement of the 80s. See why: