I love DeFi Llama but they have bad info, Hedera does have revenue and I’ll drop a site below that is great to visualize network utilization and revenue.
That said, the current revenue is far from where it needs to be to support the $4b valuation.
So why might that lofty market cap be justified? @Hedera is one of the few, and I would argue the only L1 that has the scalability, security, and fairness to run the world economy. Others might say it, but this network can actually do it. Not a marketplace, not an industry, the entire economy.
Hedera has market places with decent revenue such as @SaucerSwapLabs, @SentX_io, and @dovuofficial. Other L1s create and focus on those marketplaces using exotic tools, that should not be used by the broader public, to mimic the choice of entire capital markets, but they are called synthetic for a reason.
Hedera allows the entrepreneurs, such as the ones mentioned above, to capture that revenue. They could, but prefer to stay focused on building the foundation, as the best infrastructure is critical, and that will become clear in the years to come.
There are plenty of use cases that could cause Hedera’s revenue to blow up. FedEx is looking to use Hedera to track their parcels. @SEALSQcorp is developing a transactional internet of things solution that already has satellites in orbit and hundreds of millions of objects deployed, they just need to flip the switch. Or @EQTYLab working on AI data provenance, imbedding Hedera tech directly into @intel & @nvidia chips, which is being introduced to market by @Accenture in Europe very soon.
We had a use case live on Hedera by @AveryDennison that was consistently doing over 1000 TPS for the better part of a year, there were days when it was 2500 TPS consistently, with spikes over 10k. Hedera never broke a sweat. They didn’t find product market fit but another use case, maybe one of the ones listed above, could come online at any time and do similar numbers.
2500tps x $0.0008 x 3600 x 24 x 365 =$63 million in annual revenue for one use case. And that one use case is enough to make the network sustainable. 10% of all revenue goes to token holders which is MUCH better than what most startups would consider.
It is speculation that we get chunks of the world economy on Hedera, but Hedera can handle it unlike most out there, and the result for supporters of the network would be astronomical!
https://t.co/006lvX6NRK
Today marks history as HBAR becomes the third ever crypto ETF to launch after Bitcoin and Ethereum.
To make this clear, out of the 19M+ cryptocurrency's that @CoinMarketCap tracks, it was the @CanaryFunds HBAR ETF that passed - citing @Hedera’s institutional-grade network 🧵
Tracking U.S. Government spending with blockchain is probably simpler when the blockchain you use has fees pegged to USD. Why overcomplicate things?
Hedera provides exactly that @DOGE
To all the folks speculating on @samsung joining the @Hedera council, it is highly likely @nilminirubin simply misspoke. They would never announce a new council member that way. Very sure she meant LG & Standard Bank, not Standard Chartered. Both have been longtime members.
If the Fed migrated from paper cash to a digital cash token using something like @hedera, it would save the U.S. $1b a year.
That’s before the loss, waste and fraud elimination in benefits payments distribution.
Russia and China already got a head start. EU, UK, Brazil are in progress. Time to move forward with clear minds.
@emtech_inc can help.
🚨 @ProveAI will build its flagship #AI governance platform exclusively on #Hedera.
Prove AI enables businesses to securely manage AI training data while ensuring compliance with evolving regulatory standards using Hedera’s secure and scalable infrastructure.
“Prove AI, as an immutable, tamper-proof database, brings a level of trust to risk management in AI systems, which aligns perfectly with our mission to provide a secure, scalable foundation for builders and enterprises alike.” @CharlesXAdkins, President of #Hedera
Learn more ➡️ https://t.co/NvyEbMeSn3
@zero_hbar@hedera@AveryDennison@TheCouponBureau We're trying, but still only currently on testnet. However I would say that most of the testnet TPS (about 2TPS) is from us, from just 60 sensors. As we scale the network of sensors, from 60 to 600 to 6000 sensors that number will grow proportionally ✌️
🚨 L1s have reached out to Hedera and asked if they would provide Governance for their L1 projects🚨
Chairman Mance Harmon pulls no punches in this honest and frank interview.
He speaks about FUD, other L1s reaching out, OG status, Interoperability, the future and some impending MAJOR tech announcement that the crypto world has never seen before. 🚨🚨
Unmissable 27mins of viewing that the world must see! 💯
Hear Leemon's vision for 2025 and beyond.
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Full video is here:
https://t.co/nlO3TYzcmj
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@genfinity@ManceHarmon@leemonbaird@hedera@BarHBARian@CoinDesk@Cointelegraph@Cryptomarkets_@coinbureau@HBAR_foundation #HBAR @CharlesXAdkins@rob_nodl
We invested in Hedera (HBAR) because its hashgraph technology offers unmatched speed, security, and energy efficiency, making it a game-changer for decentralized applications.
Unlike traditional blockchains, Hedera’s unique consensus algorithm allows for lightning-fast transaction finality with low fees, supporting high-throughput dApps across industries like finance, supply chain, and healthcare.
With its enterprise-grade security, Hedera is well-positioned to support large-scale adoption of decentralized technologies, offering a stable and sustainable infrastructure.
Its governance model, backed by leading global organizations, ensures long-term decentralization and reliability.
#Blockchain #Hedera #HBAR #Innovation #dApps #Hashgraph
1/4 The State of @hedera Q2 2024 report from @MessariCrypto is now available.
⬆️Revenue in USD (+26%)
⬆️Avg. Daily Transactions (+46%)
⬆️ Avg. Daily Account Creation (+31%)
🔗 to report: https://t.co/QdZFnoM3r5
You can now use #Hedera Consensus Service on MetaMask with Snaps! 🦊
We’re excited to share the latest update to @hedera Wallet Snap, now live and ready to enhance your MetaMask experience