decentralised

Sorted by 30d Annualized Revenue, Glow is currently the Rank 2 DePIN in the world.

NEW: Dutch Parliament Member Michel Hoogeveen explains how the 36% unrealized capital gains tax, just passed by the House of Representatives, will work. Here is a more detailed example: Step 1. Starting position You own 500 shares. Value on Jan 1, 2028: €50,000 Value on Jan 1, 2029: €100,000 So the paper gain is: €100,000 − €50,000 = €50,000 unrealized profit You did not sell. But for tax purposes, that €50,000 is treated as income. Step 2. Apply exemption You are married, so you get a €3,600 exemption. €50,000 − €3,600 = €46,400 taxable amount Tax rate: 36% €46,400 × 36% = €16,704 tax bill That bill is due in May, even though you never sold anything. Step 3. Market falls before you pay Now suppose by May the shares drop in value. New total value: €60,000 So your portfolio is no longer worth €100,000. It’s worth €60,000. But the tax bill is still €16,704, because it was calculated based on the January 1 valuation. Step 4. You must sell shares to pay tax To raise €16,704, you sell part of your shares. After paying the tax, you’re left with: €60,000 − €16,704 = €43,296 Originally you had 500 shares. Now you have 360 shares left. You were forced to sell 140 shares. 140 ÷ 500 = 28% of your shares gone. Step 5. What happened economically? Before the correction: Paper gain was €50,000. After the correction: Portfolio is worth €60,000. Original cost basis was €50,000. Real gain is only €10,000. But you paid €16,704 in tax. So instead of being up €10,000, you are now: €43,296 − €50,000 = €6,704 below your original starting value. You turned a €10,000 real gain into a €6,704 net loss. And you lost 28% of your shares permanently.

In just 14 weeks, my own contributions to Glow V2 have stacked up to an equivalent of 4.6 homes worth of new energy, a contribution that will last 25-40 years. My personal impact will only continue to Grow as Glow does.

JUST IN: DePIN 🛜 | OurNetwork #301 Link to read 🔽 ournetwork.xyz/p/on-301-depi…

Now streaming on all your favorite platforms! 📺 YouTube: messari.co/4fmshuh 🎧 Spotify: messari.co/3DipoNI 🎧 Apple Podcasts: messari.co/41L74Hv

What if the future of energy isn’t controlled by governments or corporations—but by you? A new wave of DePIN innovators are decentralising the energy supply chain, turning solar power into a $100B opportunity.

15. Real-world infrastructure like @GlowFND Solar, leveraging the Ethereum ecosystem to incentivize hundreds of solar farms.

Among DePIN projects, @GlowFND’s revenue is now only second to @Filecoin, according to @DepinNinja. ➡️ $1.6M annual revenue. ➡️ 50 solar farms onboarded. Read more about the protocol from @dommoore: ournetwork.xyz/p/on-271-depi…

India is the fastest growing major economy in the world. And I hear they are looking for a Glow up.

Glow is up to a full deck! That's 52 solar farms in 12 states, 1660 panels, reducing emissions by the equivalent of 31,500 trees. And I don't think anybody is ready for what's coming at the end of the month.

Follow community member, Nero, and I launched a new tool called the Glow Rewards Estimator™ for the @GlowFND community. Link below 👇 Ever thought about getting solar on your home in the US? Earn rewards for the Carbon Credits it produces. Make a difference 🌎, get paid🤑

Glow dominates DePIN by becoming the No.1 revenue generating protocol cointelegraph.com/press-rele… via @cointelegraph

3/ However, the growth in market cap did not correlate to an increase in revenue. Revenue is still significantly low across all of DePIN, with only four of the largest DePIN protocols ranking in the top 8 by revenue.