# \#8 Investment Proposal - Depinsim

**URL:** <https://cavedao-fund.discourse.group/t/8-investment-proposal-depinsim/26>\
**Category:** Investment Proposal\
**Tags:** depinsim\
**Created:** [April 2, 2025, 5:56am UTC](https://cavedao-fund.discourse.group/t/8-investment-proposal-depinsim/26 "2025-04-02T05:56:07Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Investment\_Manager](https://avatars.discourse-cdn.com/v4/letter/i/ac91a4/32.png) [@Investment\_Manager](https://cavedao-fund.discourse.group/u/Investment_Manager)\
**Post date:** [April 2, 2025, 5:56am UTC](https://cavedao-fund.discourse.group/t/8-investment-proposal-depinsim/26/1 "2025-04-02T05:56:07Z")

</div>

# 1. Project Overview

- **Project Name:** Depinsim
- **Company Name:** Starlink Labs Limited
- **Company Location:** BVI
- **Category:** DePIN
- **Official Website:** [https://www.depinsim.com/](https://www.depinsim.com/)
- **Whitepaper:** [https://docs.depinsim.com/](https://docs.depinsim.com/)
- **TGE Timing (expected date):** Q2 2025 (TBC)
- **Pitch Deck:** pitch\_deck

### Token Information

- **Token Ticker:** SIM
- **Token Type:** ERC-20
- **Explorer Link:** TBC
- **Total Supply:** TBC
- **Current Circulation Supply:** TBC
- **Smart Contract:** TBC
- **Audit Report:** TBC
- **Market Cap.:** TBC
- **Unlock Schedule:** TBC

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# 2. Team

**Executive Members:**

- Peter (CEO)
- Benny (Managing Director)

**Organization Chart:** [Link](https://drive.google.com/file/d/1FcuxduZ_fuVnDtOfNhwX3Muj1ZNmo4m8/view?usp=sharing)  
**History and Milestones:** Check out [Twitter](https://x.com/depinsim)

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# 3. Business

### Business Status

- **Project Description:** World’s first cross chain connectivity DePIN protocol.
- **Problems to Solve:**
  - No existing crypto eSIM network
  - Lack of decentralized protocol in the market

- **Project Features:**
  - Crypto eSIMs
  - Mobile DID
  - No KYC Needed
  - Task-to-Earn
  - Travel-to-Earn

- **Key Achievements:** 2M+ Users already.
- **Competitor Comparison:** [Google Sheets](https://docs.google.com/spreadsheets/d/1GOCGdrO4Ao4t9SJULF1eFXZ7vTvmWJ-pcS-04U9RN9o/edit?usp=sharing)

### Tokenomics

- **Token Utilities:**
  - Protocol Mining
  - Marketplace Currency
  - Native Token for its own L2

- **Revenue Model of the Protocol:**
  - Data Top-ups
  - Premium Subscriptions
  - Customisable Plans for Business Clients
  - Marketplace Trading Fees
  - Mobile DID/NFT Sales

- **Value to Kaia Ecosystem:**
  - First DePIN on Kaia
  - 300+ Users in 3 days from Launching on Kaia

### Business Plan

- **Marketing Strategy:**
  - Task to Earn
  - Referrals
  - KOL Promotions
  - Offline Events
  - B2B Collaborations

- **Community Strategy:** Airdrops
- **Partnership Strategy:** Revenue Share with Partners (sales commissions)
- **Backer:** Outlier Ventures as the lead investors for seed round.

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# 4. Industry

- **Market Overview:** eSIM market is estimated to reach $20B by 2032
- **Potentials:** To become the first decentralized eSIM provider for all Web3 users

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# 5. Investment Overview

- **Term Sheet:** SAFT
- **Investment Amount Proposed:** US $200,000