Depinsim is a global mobile operation DePIN project built on eSIM technology. Recently, it raised 8 million in funding, has been listed on multiple exchanges, and has a high community anticipation.
The project has several notable highlights. First, it is officially operational with actual user and revenue data to support, which is a solid foundation in the DePIN track. The token $ESIM features a deflationary buyback and burn mechanism, providing some long-term price support. The business covers over 190 countries worldwide, allowing users to access without KYC, lowering entry barriers. From a utility perspective, the token supports multiple scenarios such as payments, governance, and staking. The project has also received endorsements from several well-known institutions.
But risks must also be recognized. The lack of transparency regarding team information is a common hidden risk in crypto projects. Details about token circulation and distribution are unclear, which could pose future risks. The price during the TGE first day was quite volatile, and market makers may have participated, amplifying fluctuations. Beginners should be cautious when entering.
Overall, as an operational DePIN project with actual revenue and users, Depinsim is promising. Continuous observation after launch is recommended, especially paying attention to community airdrop progress and subsequent hype, before deciding whether to deepen investment for a more stable approach.
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MysteryBoxAddict
· 01-08 06:44
Actual revenue and user metrics are indeed solid, but I'm still a bit anxious about the team's transparency being so low.
The distribution of circulating supply is unclear—aren't these hidden landmines?
Covering over 190 countries sounds impressive, but what about real user data? I always feel something's off.
Not requiring KYC sounds great, but who bears the risk behind it?
The buyback and burn mechanism sounds good, but can it really support the price... I'm not quite sure.
The volatility on the first day of TGE is so large, clearly some whales are playing with fire.
Let's wait and see. Once the community's enthusiasm cools down, we'll talk. Jumping in now might not be very wise.
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¯\_(ツ)_/¯
· 01-07 09:35
Oh, this is another DePIN project... Actual users and revenue still carry some weight.
Team transparency has always been a problem, always digging holes.
Circulating supply is vague? Here we go again, don’t say I didn’t warn you next time you get burned.
Having actual revenue support is okay, not purely air.
TGE first-day surge, who can withstand that? Beginners should wait and see.
Over 190 countries sound impressive, but how many active users are really there?
Not doing KYC is attractive, but who bears the risk that comes with it?
Market makers stirring up trouble inside, that’s basic operation.
Deflation and burn sounds good, but don’t believe this rhetoric too much.
Let’s see how the airdrop side moves first, then decide whether to get on board.
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TradingNightmare
· 01-05 08:51
Actual revenue and user support are indeed rare, but the team hiding things is a bit disgusting.
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On the first day of TGE, I knew market makers would start dumping when they entered. This routine can't be defended.
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Claiming to be in over 190 countries sounds impressive, but the details about circulation are all glossed over. A blow-up is inevitable sooner or later.
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No KYC is both an advantage and a pitfall. When regulators come, it depends on how the project resists.
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A deflationary mechanism sounds good, but I'm worried that buybacks and burns will become just a pretext for cutting the leeks. I've seen too many cases.
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I believe in actual users and revenue. This is indeed rare in DePIN, so it's worth watching.
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Endorsements from well-known institutions are no longer very valuable. It depends on how much real money they invest.
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It's better for beginners to avoid it first, let the leeks charge ahead, and I’ll wait to observe the subsequent airdrop movements.
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The team's lack of transparency is a serious flaw, providing no trust foundation. No matter how good the concept is, it's useless.
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Is a sharp fluctuation at opening a signal to enter? Or a signal to exit? It depends on whether you're making money or being taken.
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ChainSpy
· 01-05 08:47
Real users and revenue support—that's what DePIN should look like.
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The team information is so vague; I’d rather see if anyone has done in-depth background checks.
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No KYC sounds great, but is this a feature or a bug? Need to think about it.
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The first-day surge was too intense; market makers manipulated it like harvesting leeks.
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Over 190 countries covered sounds impressive, but how many active users does that actually represent?
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Deflationary buybacks are a common tactic; in the end, it still leads to liquidity issues.
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Let's see how the community airdrop works; this is the real litmus test.
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GasFeeBeggar
· 01-05 08:46
Ha, another DePIN project, this time eSIM.
Actual operational and revenue data definitely add points, unlike some pure hype.
But the team's lack of transparency is really disgusting, always setting traps like this.
Unclear distribution of circulating supply, I’ll just pass, I've seen too many blow-ups like this.
Let's observe for now, no rush to get on board.
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pumpamentalist
· 01-05 08:40
Actual income support indeed adds points, but team transparency is always a hard flaw.
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No KYC required, and over 190 countries worldwide... sounds great, but I'm worried it might turn into a tool for cutting leeks later.
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I've seen many instances of TGE first-day explosions; retail investors basically become bagholders.
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I'm a bit curious about how that 8 million in funding was spent. Usually, this is when you should ask yourself.
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In the DePIN sector, to be honest, competition is getting fiercer, and few projects have actual implementations. This one is still okay.
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The details of circulating supply are vague; I just know there will definitely be something coming later.
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SatoshiSherpa
· 01-05 08:31
Well... The team's transparency is indeed a bit superficial. To put it another way, it's a gamble on character.
The actual income data supports this point, but how can authenticity be verified?
Covering over 190 countries sounds impressive, and not having a KYC setup is also quite bold.
The distribution of circulating supply isn't clearly explained, which is what I care about most. That's often where the bombs are buried.
Buyback and burn sounds good, but I'm worried about poor execution later on turning it into air.
The sharp fluctuations on the first day of TGE are normal operations; it depends on whether it can stabilize afterward.
Let's wait and see how the airdrop is distributed—that's the real signal.
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SoliditySlayer
· 01-05 08:28
Team transparency is really a sore point. The eSIM track is promising, but this project needs to be evaluated based on long-term operational data.
Depinsim is a global mobile operation DePIN project built on eSIM technology. Recently, it raised 8 million in funding, has been listed on multiple exchanges, and has a high community anticipation.
The project has several notable highlights. First, it is officially operational with actual user and revenue data to support, which is a solid foundation in the DePIN track. The token $ESIM features a deflationary buyback and burn mechanism, providing some long-term price support. The business covers over 190 countries worldwide, allowing users to access without KYC, lowering entry barriers. From a utility perspective, the token supports multiple scenarios such as payments, governance, and staking. The project has also received endorsements from several well-known institutions.
But risks must also be recognized. The lack of transparency regarding team information is a common hidden risk in crypto projects. Details about token circulation and distribution are unclear, which could pose future risks. The price during the TGE first day was quite volatile, and market makers may have participated, amplifying fluctuations. Beginners should be cautious when entering.
Overall, as an operational DePIN project with actual revenue and users, Depinsim is promising. Continuous observation after launch is recommended, especially paying attention to community airdrop progress and subsequent hype, before deciding whether to deepen investment for a more stable approach.