Multicoin Co-founder: Next year, the total revenue of Helium, Hivemapper, and io.net is expected to exceed 100 million U.S. dollars

Odaily Planet Daily News Multicoin Capital co-founder Kyle Samani said in a post on X that Helium, Hivemapper, io.net currently generate a total revenue of over 50 million US dollars. By 2025, the revenue of these three projects will exceed 100 million US dollars. In addition to many other DePIN projects on the Solana chain, 2025 will be remembered as a breakthrough year for DePIN. Earlier today, Messari analyst Dylan Bane posted on X, stating that according to Messari's prediction, next year the DePIN industry's revenue will exceed 150 million U.S. dollars. By 2024, the supply side of DePIN has been established, but the income of the demand side is limited, and the DePIN model cannot be verified. In this year, several protocols have generated seven or even eight-figure revenue, indicating that DePIN has the potential to capture the demand that has so far constrained growth.