D-Miner 🔮

aspiring full time degen - then eth went to 0

[distribute.ai @distributeai]

No limits, no boundaries. The infinite datacenter.

LLMs, image gen, text-to-speech + more

https://t.co/h2fnh4OQIC powered by $DIS

[R48.eth @r48_eth]

Exploring Product-Market Fit for $DIS.

In this post, I’ll try to break down the value of $DIS and compare it to its competitors. The analysis includes the use of advanced analytics tools in the crypto space — specifically, Kaito, Nansen, and Aixbt.

Friendly reminder: The thoughts below should not be considered as financial advice or investment recommendations.

1. Overview

@distributeai a decentralized platform that allows AI and machine learning to run directly in the browser, using spare computing power from regular users around the world.

In other words, anyone can “lend” their computer to run AI workloads and receive rewards in return.

However, Distribute’s approach is quite different from other GPU-based solutions. Thanks to WebGPU, a user can install a browser extension and share the power of their graphics card. Yes, the computing power of a single user is negligible, but when scaled to several thousand nodes, the cumulative value reaches a new level.

In some ways, distribute’s architecture resembles Grass, though Grass aggregates data via extension + desktop app, whereas distribute uses underutilized compute. Have they succeeded? Let’s look at the numbers:

> Number of active processors reached 78k
> 2.9 billion tokens generated (https://t.co/8N8mhdoRqz)
> 3000 RTX 4090 GPUs acquired (https://t.co/F2eR6fzUSt)

As for the economic model, the team stated that 2.9 billion tokens were generated but did not specify in which segment. I ran some calculations (request price multiplied by tokens) and came out with a monthly revenue of $18k, which would translate to ~$200k annually.

You might say that’s low — but that’s not entirely fair. https://t.co/kobvb7NTlw has earned $20 since fall 2024 (https://t.co/ADAogGyc6Q), or $2.3M monthly. But this is not pure profit from the protocol’s perspective. On average, DePIN projects operate at a 1:3 ratio — for every $1 earned, 3 tokens are spent (check the tokenomics of any similar project or look at here: https://t.co/EKkYe2zoIx). From this, I confidently conclude that large DePIN projects are capturing market share while flooding the market with excessive token emissions.

@distributeai carried out a transparent private/public sale and airdropped tokens, allowing everyone to earn in their own way. The team raised capital for development and is ready to build out its product line — which, in my view, has partially found its PMF.

2. On-chain

According to the tokenomics (https://t.co/5qUrNLFwXL), 60.33% of tokens are in circulation, another 18.33% allocated for liquidity on exchanges and Meteora, 11.34% locked for future incentive programs, and the remaining 10% held by the team.

At its peak, the token reached a $56M market cap before dropping 77%. Is this a signal to avoid the token or to look for accumulation? Let’s check with Nansen.

The total inflow over the past 2 months for these addresses amounted to $1.066M. Such purchases signal the capitulation of early buyers (mainly public/private sale participants) and airdrop recipients. If you dig into the addresses, you’ll notice some early Launchcoin buyers among them. These are mostly whales or wallets created solely for purchasing a single token.

4. Kaito

The X page of the project is filled with a large number of smart followers, the most influential of whom joined over the last month, and that’s definitely encouraging. Overall activity increased after the token launch and decreased following the price drop. In general, the metrics are solid, and attention remains at a decent level. Naturally, it doesn’t compare to the large AI protocols, since the team launched from scratch and is just beginning to build its audience.

As for key opinion leaders, here’s my selection of tweets related to $DIS:

• @SharkSociety_ (https://t.co/F2eR6fzUSt) highlights $DIS as the most undervalued infrastructure play on Sol.
• @CoinGurruu was one of the first (https://t.co/0QwqsmcWd8) to actively write about $DIS — judge his theses for yourself (https://t.co/6XM4WhN2nZ)
• @game_for_one also compares it with other AI protocols (https://t.co/PCoK50OLhi) and frames $DIS as a proxy bet on the news of Meta acquiring a controlling stake in Scale AI (https://t.co/65QA306hA4).
• @andy8052 shared his purchase rationale (https://t.co/6pPFpBl4dS). Nothing special, just based on the small valuation.
• also @shroom_daddy, who posted a bull tweet right at the bottom, is worth noting, just accord to the evaluation (https://t.co/IrXiphOOtP).

1/2

[D-Miner 🔮 @D_M1ner]

$DIS looks like it’s found a floor. No vesting at launch so early investors dumped, planned to avoid slow bleed over time. On-chain shows most of those have sold. Compared to $RNDR, $DIS is undervalued for the compute power they’ve got. Get a MM and CEX listings we see $100M+mcap

[distribute.ai @distributeai]

A transparent overview of the $DIS Alpha airdrop.

Qualifiers, and why we chose them. ⤵️

https://t.co/jO9xK021Z0

[CK @Vitamul]

More gpus than rndr this shit ain’t a shitcoin niggas despite me just referring to it as “this shit”. This shit is the most accessible lowest upfront cost distributed gpu network available to enterprise clients and individuals to deploy existing open source LLM’s and image generation models and run training on datasets in history at this point in time @distributeai

GPU’s are literally the most in demand tech product in history and nvidia can’t produce enough of them to satisfy the demand from the commercial side

This shit got perfect PMF at the perfect point in time

When you buy fartcum coin or pissballs coin praying for an ansem or jingtao or cooker shill or some shit just remember you could be buying a coin that grants you access to this network but you’re choosing to buy a piece of shit memecoin that is guaranteed to be down 95% within 6 months

Remember that the coin only got one week of history atp

Remember how to zoom out

You want asymmetric upside its right here in front of you

They selling 2 dollars for 1.8 cents rn

But you like skinny scrawny guy

[D-Miner 🔮 @D_M1ner]

@bossu_online wyd

[D-Miner 🔮 @D_M1ner]

@AIcook_sol cool

[D-Miner 🔮 @D_M1ner]

@FleuryNFT @wizardofsoho things that didnt happen

[fantasy.top @fantasy_top_]

The Fantasy Airdrop is now live! 🛫

We're excited to announce the first phase of our deployment to the @Blast_L2 mainnet.

Connect to https://t.co/TC8RMiSZOK to claim your rewards:
✨ Mainnet FAN points
🪂 Free Packs
🛍️ Discounted Mints

A huge thanks to our investors @alliancedao, @ManifoldTrading, @fabric_vc, and our incredible angel investors for their support in creating the most engaging social trading card game.

Act quickly! The airdrop is only available until the first Main Tournament next week.

[distribute.ai @distributeai]

Introducing Oasis AI: The first distributed AI inference platform powered by $OAI 🧵

[ZachXBT @zachxbt]

1/ An investigation into the French dev Jolan Lacroix who recently stole $900K from the TICKER presale on Base before spending the funds on meme coins and Milady NFTs.

[DeMonads @DeMonadxyz]

Gmonad 💜

@monad_xyz

[D-Miner 🔮 @D_M1ner]

@TheShamdoo 9QasZHpMVk5Yh2BBkmibdHKTE8eXeTDs6C2cipEzgjbS

[Collectible @collectible]

Study Ordinals (Bitcoin Shrooms, Nodemonke's, Bitcoin Puppets)

Study Runes (RSIC, Runestones, Rune Totems)

Study AI coins (FET, NMT, CETI)

Study Memes (BOME, WIF, Normies)

Will revisit this soon.

[D-Miner 🔮 @D_M1ner]

@chartfu what a cunt

[TitiusMaximus @TitiusMaximus]

Don’t fade @OasisAi Should be one of the top AI coins in next few months

[Oyo🕹 @justkillmenao]

A quick Oyo draws guide on @monad_xyz's Molandak #digitalpainting #art #illustration #fineart #monad kekw

[D-Miner 🔮 @D_M1ner]

👀

[Gummi @GummiFi]

Introducing █████ █████, ███ █████ ███ ████ ███ ████ ██ ██.

Retweet and follow @GummiFi for █████ ████

[D-Miner 🔮 @D_M1ner]

@ArcanicNFT How to shroom?

[Arcanic @Arcanic]

Regen Capital about to go silly this ordinals szn.

I wouldn't fade us, tbh. 👀🍄