DePin.Builders
DePIN for Investors

DePIN for Investors

Market structure, defensibility, and the questions that separate a network with a moat from a token with a story.

3 modules · 11 lessons · 1h 50m
Course content

What you will cover

Module 1 · Market structure4 lessons
  1. 1.1How value accrues in a DePIN network
  2. 1.2Supply side, demand side, and the token
  3. 1.3Comparing networks across categories
  4. 1.4Where the real revenue sits
Module 2 · Defensibility4 lessons
  1. 2.1Moats: physical, data, and switching costs
  2. 2.2Reading competitive density
  3. 2.3Regulatory and concentration risk
  4. 2.4A network with a moat versus a token with a story
Module 3 · Diligence questions3 lessons
  1. 3.1The questions that separate signal from hype
  2. 3.2Reading disclosures, unlocks, and treasury
  3. 3.3Position sizing and not-financial-advice discipline
Coming soon

This course is in production. The outline above is the plan. It opens for enrollment once the lessons are recorded.