World Mobile CEO: DePINs Provide an Escape Hatch for Frustrated Telecom Subscribers
2025-07-13 10:41:05
Main Idea
DePINs (decentralized physical infrastructure networks) are emerging as a solution to connectivity gaps left by major telecoms, offering users both improved service and income opportunities, with the market projected to grow significantly by 2028.
Key Points
1. The DePIN market is projected to reach $3.5 trillion by 2028, up from $30-50 billion currently, with over 1,500 active projects worldwide.
2. World Mobile, a DePIN provider, has seen significant growth, surpassing 40,000 airnodes and achieving a 4,000% revenue increase to $7.2 million.
3. Major U.S. telecom carriers like Verizon, AT&T, and T-Mobile are losing customer trust, with Verizon experiencing a net loss of 289,000 postpaid phone customers in Q1 2025.
4. DePINs like World Mobile target connectivity blackspots in the U.S., where 11% of the country remains unconnected, and offer higher Average Revenue Per User (ARPU) potential.
5. Consumer dissatisfaction with traditional carriers is driven by high costs, with 85% of consumers citing price as a primary concern and 90% willing to switch to alternatives.
6. World Mobile's sharing economy model allows users to earn income by contributing to the network, with token buybacks incentivizing participation.
Description
According to Mickey Watkins, decentralized physical infrastructure network (DePINs) can potentially fill the void or blackspots that major telecoms have consistently failed to cover. DePINs can potentially offer an alternative to frustrated subscribers and a chance to earn an extra income. DePIN Market Projected to Reach $3.5 Trillion by 2028 The World Economic Forum (WEF)
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