Lots of questions about the Black Box. Here’s how it works, in simple terms: phase 1 vs phase 2
EV3 Sal
EV3 Sal16.7. klo 23.22
Big day for the Dawn and broader DePIN communities. We will look back on the Black Box launch as a pivotal inflection point in the decentralized wireless movement Sharing an excerpt from @EV3ventures most recent LP letter on why the Black Box is different than any of the DePIN devices that have come before it We're making DePIN mining fun (and profitable) again. I bought a few this morning, see you on the other side✌️
In Phase 1, the Black Box does three things: 1) The Black Box is a high-powered router. It takes the internet from your traditional ISP modem and creates a local home WiFi network. However, it does yet replace your home internet bill, unless you live within one of Dawn’s existing coverage areas (NY/NJ and parts of TX). 2) The Black Box is a DePIN multi-miner. It uses its native computing resources (CPU, CPU, storage) to earn passive income by mining 10+ different DePIN tokens in parallel. We think users will earn up to $20-200/mo in “mining yield” (passive income) paid in a diversified basket of DePIN tokens. 3) The Black Box is a sovereign computing device. You can run self-hosted apps on your private data securely on the Black Box, rather than paying expensive SaaS/subscription fees for every little piece of software (streaming, email, hosting, password manager, messenger, etc etc). We think users will be able to optimize savings up to $500/mo for an average family cutting the cord on commoditized services. Phase 1 is today—the Black Box supports these use cases out of the box. In Phase 2 - as Dawn’s network coverage grows - the Black Box becomes a router + modem.
In phase 2, instead of paying $50-75/mo to a traditional ISP, Black Box owners can pay $30/mo to DAWN and “cut the cord” on their traditional ISP bill. For users in Dawn’s coverage area, the Black Box receives “backhaul” connectivity from nearby Dawn nodes, ie the same way a Starlink receives “backhaul” from a satellite. Today, these areas are limited to certain parts of NY, NJ and TX, but are expanding rapidly as Dawn rolls out across the US. A map/explorer will be made available for the community to see which areas are currently in the “phase 1” or “phase 2” stage.
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