Sean Carey

Staex team still crushing it every day. 💪💪💪

1/8 Venture capital is pouring billions into consumer fintechs at unsubstantiated valuations, chasing the "democratization of stablecoin payments" for humans. This is a fundamental misallocation of capital. The future of stablecoins isn't human; it's agentic.

Is @Staex_io one of the most slept-on peaq ecosystem projects? Alexandra and team are converting bus fleets into value-generating data assets (verifiable GPS, CO₂ emissions, passenger info, etc). With award recognition and key partnerships forming - it's time to wake up 👀

@iwillpat I’m a privacy founder. Building the world’s most private decentralized infrastructure. Launching a messaging app as our first step. Happy to give you a look into it.

If you're a privacy founder - let's talk. Writing $500k-1.5m pre seed checks now

@amirhaleem @whizKid_crypto_ @helium @fmong @shawnfanning Every time the market turns to shit, I buy more useful tokens like #HNT. Why? At some point people will figure out the intrinsic value and I’ll make guap while having amazing cell service.

@whizKid_crypto_ @helium @fmong @shawnfanning @densone the crypto markets are atrociously bad at pricing assets based on any kind of intrinsic value. check out hantengri's threads on the subject x.com/hantengri/stat…

almost 2.1M regular Americans connected through the @helium network today more!!

@frahlg Much love. Your passion is clear and the problem is obvious. I cannot wait to see what comes in the future.

and not to forget. there's some people that have believed in our mission since start. @densone was the first that believed in us. I will always remember that and pay it forward.

We started with quite bulky IoT-gateway hardware. We're now building on a very small cost effective ESP32. We're talking tens of dollars. We've essentially created the "chromecast for your battery".

Self-custody shouldn’t require technical courage. That’s why we backed Ryder, making crypto ownership as easy as a tap. Proud to join Tim Draper, Anatoly Yakovenko & Joe McCann in this round.

@DAnconia_Crypto Damn you’re a youngster. Mine en.wikipedia.org/wiki/Bulletin_…

ask jeeves lmao

When people talk about trust in Web3, they often talk about tokens, protocols, or price charts. But trust is more than that. It’s the quiet belief that a decentralized system can actually work, that people can build the next generation of real-world infrastructure. Back in 2013, when Helium first began its journey, that idea sounded more like science fiction than a startup pitch. A handful of visionaries led by @amirhaleem, @shawn fanning (yes, the Napster co-founder), and @densone wanted to build a wireless network powered by ordinary people, not telecom giants. The plan was simple on paper: deploy small hotspot devices that anyone could own, use tokens as rewards for providing network coverage, and build a global Internet of Things (IoT) network from the ground up. In reality, it was nowhere near simple. Helium launched at a time when many people were losing faith in the Web3 dream. Projects came and went, promises faded, and hype often outpaced substance. But Helium offered something refreshingly real, a network that grew only when people participated. Every hotspot placed on a balcony, rooftop, or warehouse added a new cell of connectivity to the map. Each one whispered the same message: people can build together. That belief, that physical networks could be owned, powered, and monetized by communities, eventually birthed what we now know as DePIN (Telecomm). Before anyone called it DePIN, Helium was already living it. Of course, innovation rarely comes without friction. As Helium grew, so did its challenges. Hotspots started clustering in profitable areas. Some users gamed the reward system. Coverage maps became distorted, and token volatility discouraged new participants. At times, it felt like the dream was cracking under the weight of its own ambition. But the Helium team didn’t quit. They refined the Proof-of-Coverage algorithm. They built stronger anti-fraud systems. They adapted their tokenomics, even when it meant short-term pain. That persistence turned what could have been another failed crypto experiment into a living, breathing ecosystem — one that set the blueprint for every DePIN project that came after. The Team That Refused to Slow Down Behind Helium’s progress was a team that never stopped building. The Nova Labs team, which spearheaded the Helium Network, pushed relentlessly to make connectivity decentralized but also usable. In 2023, they made a bold move, migrating Helium to Solana. It was a high-stakes decision, but it unlocked scalability, faster transactions, and access to a thriving ecosystem of decentralized apps. That migration became a model for other DePIN projects that wanted both performance and decentralization. Helium didn’t just build hardware. They built belief. Fast forward to October 2025, Helium isn’t just surviving; it’s evolving. The network now boasts over 109,000 active hotspots and moves more than 41 terabytes of data daily. But growth alone isn’t the goal. Sustainability is. That’s why the community recently proposed HIP 148, a new governance proposal to shift rewards toward real data usage rather than just mapping coverage. The idea is simple: reward utility, not just participation. The vote, which runs from October 3 to October 10, 2025, will determine the next major step in Helium’s evolution. Alongside it, a new software release (2025-10) is ready to roll out, improving efficiency and network stability. These aren’t small upgrades; they represent a maturing ecosystem that’s learning from its own history. Helium’s influence stretches far beyond its own network. It proved that DePIN could work, that people could deploy, maintain, and govern physical networks through incentive models that reward contribution. Its model inspired a wave of decentralized projects, from weather data collection ( @WeatherXM ) to mobility tracking (@Hivemapper ), smart home detection (@envirobloq), and even energy networks. But the secret to Helium’s staying power isn’t technology alone. It’s resilience, the ability to face failure, adapt, and keep moving. They have already fought the hard fight and made DEPIN an easy place. Helium’s story is a reminder that real innovation is not born from perfection but from persistence. That belief systems are only as strong as the people who keep them alive. Hence, in a world dominated by giants, there’s still room for builders who dream of networks owned by everyone, everywhere. In many ways, Helium didn’t just pioneer DePIN, it defined it. Their journey continues, one hotspot, one update, and one community vote at a time. You can't talk DEPIN without mentioning "Helium!"

@AlexCorvis84 @amirhaleem @helium Oh yeah this was the second revision. The first was a test board. Looked like spider

@densone @amirhaleem @helium Wow! So final design changed quite a bit! And I'm not just talking about the color of the PCB 😄

back in the day @densone had “made on earth by humans” written on every PCB we made. rocket is just a bit cooler though

@AlexCorvis84 @amirhaleem @helium It was the original prototype board of helium iot.

@amirhaleem @densone @helium What was the product behind of this PCB? First 0G Helium hotspots version?

@amirhaleem @helium Man. What a blast from the past.

@aseidman While I agree with almost all of this I believe the supply side is dictated by the utility of the DePIN. For instance @helium and @Hivemapper have a great use case for having a massive supply side. The supply powers the end product. GPU’s for instance imo don’t need huge supply

The DePIN mindset is lagging reality. Here’s the actual supply-demand curve—where we started, and where we are now. 1. The best DePIN projects build supply early. Hivemapper, Helium, and a few others did exactly this. 2. At this stage, the dominant narrative becomes “all supply, no demand.” That’s true—for a moment. This is T1 on the curve. 3. While that narrative sets in, real demand is quietly being built. Its trajectory is slower and structurally different from supply. 4. Crypto markets are fickle to put it mildly. As attention shifts, supply growth stalls or even declines. 5. Demand keeps compounding. Eventually, the network flips—now it’s supply constrained. That’s T2 on the curve. But the narrative hasn’t caught up. It’s still stuck in the past. Let's now talk about solutions: 1. Upfront cost is too high. Expecting people to spend $300 to $550 to contribute supply is a nonstarter. Some projects push hardware costs to $2,500—completely out of touch. That model has to change. 2. Sustained supply can’t rely solely on the crypto community. It plays a critical role, but the scale required demands far broader participation. 3. Liquidity is a problem. DePIN tokens need access to bigger markets. Large exchanges are filled with low-utility L1s and L2s, while most DePIN projects remain locked out of where real volume trades.

I should buy more HNT.

So proud of these guys!

It was wonderful taking part in a panel (remotely) @WebX_Asia. Looking forward to being able to get there next year and talk about infrastructure. #DePin #Infra

absolutely massive numbers. every single subscriber from AT&T, Helium Mobile, and many other carriers automatically connects to the @helium network when they step inside BWI airport no portals, no choosing a network, nothing. $HNT gets burned out of circulation for every single gigabyte of data transferred the most real web3 application there is

BREAKING: 🇺🇸 Head of the SEC Paul Atikins states "Despite what the SEC has said in the past, most crypto assets are not securities." Read the full story from @jesseahamilton: coindesk.com/policy/2025/07…

@amirhaleem @shawnfanning @helium That’s the one indeed .. memories

one of the drones in question with @shawnfanning and @densone back in 2012!