Gristle Crüe Call — Max on 5G & Incentives

Max Gold came on today to talk about what to look for with var­i­ous 5G DeWi projects as far as incen­tives, and how to think about your approach to any of these TIPIN projects. A very sharp oper­a­tor, it’s always good to get his per­spec­tive on these.

CHAT NOTES

10:02:30 From 619OTA : $80 for 4gb ver­sion. Rak­wire­less
10:02:47 From Travis L. Teague : what is the laten­cy on it?
10:04:00 From Travis L. Teague : yeah, not bad!
10:07:46 From 619OTA : im con­fused on this whole hip74 too.
10:10:24 From Nik Hawks : Map­ping show­ing sig­nal strength to be low­est from the Heli­um 5G & Pollen units vs tel­co.
10:12:43 From Eric Jonas : I got­ta bounce. I feel like hell. Got a sav­age cold.
10:12:53 From Nik Hawks : Rgr. Lates!
10:12:54 From Travis L. Teague : feel bet­ter
10:13:01 From Eric Jonas : ty
10:15:57 From Nik Hawks : AAA base­ball team + access to high points
10:18:05 From Russ : I have not invest­ed in 5g because I felt wifi is a bet­ter indoor if secu­ri­ty can be assured. Repeaters can also bring the sig­nal indoors for just upfront cost.
10:18:12 From Michael Corum : Heli­um needs incen­tives for hotspots in under-served areas — rur­al
10:18:39 From Russ : Out­doors I think 5G has promise in fringe areas
10:21:47 From Lee (Team Gris­tle King) : Fas­ci­nat­ing, thanks for chat­ting Max ?
10:29:40 From Russ : I think it’s been report­ed that the founders of heli­um kept 60% of the tokens. Do we know about the mobile tokens kept by founders?
10:32:03 From Nik Hawks : HST vs HNT
10:32:36 From Nik Hawks : Stak­ing
10:33:44 From Michael Corum : First I’ve heard of HST
10:33:47 From Nik Hawks : HST = Heli­um Secu­ri­ty Token
10:34:33 From Nik Hawks : Ear­ly investors in Heli­um (when they switched to blockchain mod­el), any­one who holds HST gets paid in HNT.
10:36:52 From Nik Hawks : On 5G, founders get zero. 15 bil­lion MOBILE grant (6% of total MOBILE) giv­en to Nova to devel­op 5G. Nova missed their dead­line to hit dev goals, so gave back 2.5 bil­lion MOBILE to Heli­um Foun­da­tion.
10:37:40 From Nik Hawks : Kevin sug­gests a deep dive on the pos­i­tive side of Heli­um.
10:39:33 From Michael Corum : That’s how com­pa­nies fail
10:39:51 From Nik Hawks : The cryp­to atti­tude: “It’s there if any­one wants to see it.” Not the great­est mar­ket­ing plan.
10:40:01 From Nik Hawks : (Cryp­to project mar­ket­ing atti­tude)
10:40:20 From Michael Corum : Agree — bad mar­ket­ing — lots of sto­ries in his­to­ry of supe­ri­or tech­nol­o­gy dying because of poor mar­ket­ing
10:45:03 From 619OTA : not only bad mar­ket­ing. but idk what sen­sors work on the net­work and what ones don’t.
10:46:06 From Kevin Wei­de­mann : Oh, crap. I have 5 val­ida­tors
10:46:31 From Nik Hawks : There’s no good rea­son for a project to stake UNLESS you have a ton of the tokens in a lock­up peri­od.
10:49:12 From Kevin Wei­de­mann : Cel­sius. ?
10:49:44 From Kevin Wei­de­mann : To be fair, I made a shit-ton on Cel­sius for 4 years
10:49:54 From Michael Corum : Fun­ny thing is I was in Block­Fi because I thought it was one of the safer cen­tral­ized ones — yet my DRIP (super-dan­ger­ous defi) has giv­en me 20X returns
10:51:04 From Michael Corum : Now that the DRIP token is down to pen­nies, it’s only pay­ing me $65 a day (yes, a day) — it was crazy back when the token was over $100
10:51:30 From Kevin Wei­de­mann : Can we talk about the depress­ing price of HNT?
10:51:57 From Michael Corum : Inter­est­ing — loss har­vest to pay back self-employ­ment tax
10:52:21 From Nik Hawks : Pay atten­tion to cap­i­tal gains and what’s in a busi­ness that has self-employ­ment tax.
10:53:32 From Elon­Tusk : Crue-tax chan­nel
10:53:48 From Michael Corum : Stay­ing the course
10:55:16 From Michael Corum : Soon will be time to buy — anoth­er few months
10:55:28 From Elon­Tusk : Not now?
10:55:29 From Michael Corum : learn­ing through loss
10:55:49 From Michael Corum : DCA in now but with small amounts
10:55:50 From Lee (Team Gris­tle King) : This is awe­some every­body, so enjoy these con­vos.
10:57:01 From Michael Corum : Ha Ha Ha
10:57:34 From Lee (Team Gris­tle King) : This is just all begin­ning
10:57:43 From Michael Corum : If we could fig­ure out how to incent putting hotspots out in the rur­al areas, it will be huge
10:58:06 From Nik Hawks : Agree, Mike.
10:58:25 From Nik Hawks : If some­one builds a bet­ter incen­tive struc­ture we’ll see a big change.
10:58:38 From Lee (Team Gris­tle King) : yep
10:59:01 From Michael Corum : I’m work­ing on bar­ter­ing approach­es
10:59:47 From Travis L. Teague : thanks, folks!
10:59:51 From Lee (Team Gris­tle King) : Next week, yes, I’m in.
10:59:52 From Michael Corum : Anoth­er great call