Summary
TLDR: Framework Ventures suggests that most DePIN projects, like Helium, have focused on retail distribution of network and hardware. Helium, one of the largest DePIN projects with a market cap of nearly $1 billion, has followed this trend.
Key Points
1. Framework Ventures highlights that most DePIN projects, such as Helium, have primarily focused on retail distribution of network and hardware.
2. Helium is recognized as one of the pioneering and largest DePIN projects, boasting a market capitalization close to $1 billion.
3. The approach to initial distribution in DePIN projects has been a key factor in their success and growth within the market.