Helium, Hivemapper, and io.net to Surpass $100M in Revenue by 2025
Kyle Samani, co-founder of Multicoin Capital, has forecasted that Helium (HNT), Hivemapper (HONEY), and io.net (IO) will collectively exceed $100 million in revenue by the end of 2025.
Samani stated that these decentralized enterprises are already generating over $50 million annually and are expected to triple that figure in the coming year. He emphasized that 2025 will be a pivotal year for decentralized physical infrastructure networks, particularly those built on the Solana blockchain, which is expected to play a key role in reshaping industries by decentralizing critical infrastructure.
Multicoin Capital’s Focus on Decentralized Innovation
Multicoin Capital is a well-known venture capital firm that focuses on cutting-edge technologies aiming to decentralize and scale critical infrastructure. The firm invests in both private equity and tokens for blockchain projects, supporting entrepreneurs through multiple rounds of financing in both private and public markets, starting with seed capital.
Some notable investments include innovative companies like HNT, HONEY, and IO, all of which are working to disrupt traditional industries with blockchain-based solutions.
Decentralized Wireless Network, Mapping, and Cloud Computing
HNT is a decentralized wireless network provider known for incentivizing individuals to set up long-range, low-power wireless hotspots. By enabling anyone to participate in the network and earn tokens in return, HNT is transforming wireless communication infrastructure through blockchain technology.
HONEY is a decentralized mapping initiative that combines user-generated content with blockchain technology to create a global map that anyone can contribute to and profit from.
IO focuses on decentralized cloud computing, providing infrastructure for high-performance applications.
β2025 will be looked back on as DEPINβs breakout year.β
Samani’s tweet highlights Multicoin’s broader commitment to decentralized innovation and its support for projects like Solana, which aim to drive the development of decentralized infrastructure and services on a global scale.
Tips for Investors and Enthusiasts
As the decentralized ecosystem continues to grow, here are some key takeaways for investors and enthusiasts:
- Keep an eye on decentralized physical infrastructure networks, particularly those built on the Solana blockchain.
- Consider investing in innovative companies like HNT, HONEY, and IO, which are disrupting traditional industries with blockchain-based solutions.
- Stay informed about the latest developments in decentralized wireless networks, mapping, and cloud computing.
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