ESIM is considered a low‑valuation niche in the DePIN sector, with real‑world use cases and profitability, and its future performance looks promising.
Brothers, the market is picking up, and Binance Alpha is performing quite well, so the guys who left can come back and fight again. Also, keep an eye on $ESIM that launched yesterday; its secondary market price is almost the same as the price the VCs got, making it a low‑valuation spot. In October last year, Depinsim @depinsim secured an 800万 investment, led by VCs such as DWF and Mask Network. That means the VCs' FDV is roughly 80M, while the current FDV is about 128 M. Clearly, the VCs haven’t made money yet, and I’m looking forward to its secondary performance.
Why? Because this project is interesting—it has real‑world applications, and its annual revenue exceeds 100万美金, which provides value support for the token price. The core team members come from major WEB2 companies, so they place more emphasis on the project's actual profitability, which is a big difference from pure WEB3 projects that just run on empty.
The project's model is also quite interesting; it’s a successful DePIN application that lets users install a virtual SIM card on their phone and access mobile data in 190 countries. Honestly, friends who travel abroad frequently can understand its significance. Last month in Macau I forgot to buy a package, and my phone bill jumped to 600块. Using this service is different—global data traffic is equalized, and you pay the same price wherever you go, which is comfortable, and we refuse to let dog运营商 earn our money. Their team’s To B capabilities are strong, and they have partnerships with major European operators, so the signal is very stable.
Pay attention, folks! If you get rich, remember to leave me a comment. What if it later gets listed on Binance Futures?