Multicoin Capital’s Kyle Samani Forecasts That Helium (HNT), Hivemapper (HONEY), and io.net (IO) Will Collectively Exceed $100M in Revenue by 2025

Kyle Samani, co-founder of Multicoin Capital, recently forecasted that by the end of 2025, the combined revenue of Helium (HNT), Hivemapper (HONEY), io.net (IO), will surpass $100 million.

Multicoin Capital co-founder Kyle Samani has predicted that Helium (HNT), Hivemapper (HONEY), and io.net (IO) will collectively generate over $100 million in revenue by the end of 2025.

According to Samani, these decentralized enterprises are already collectively generating over $50 million in annual revenue, and are poised to triple that figure in the next three years.

“.@Helium @Hivemapper and @ionet combined are producing >$50M in revenue today

Pretty sure these 3 will exceed $100m by EOY 2025

Plus the many other DEPINs on Solana

2025 will be looked back on as DEPIN’s breakout year,” wrote Samani in a recent tweet.

Highlighting the growing significance of decentralized physical infrastructure networks (DEPINS), Samani noted that 2025 will be a particularly crucial year for DEPINs built on the Solana blockchain.

Multicoin Capital is a venture capital firm that specializes in cutting-edge technologies designed to decentralize and scale critical infrastructure, aiming to empower entrepreneurs and drive innovation.

The firm deploys capital in both equity and tokens for blockchain projects, supporting entrepreneurs through multiple rounds of financing in both private and public markets, starting with seed capital. Among Multicoin’s notable investments are HNT, HONEY, and IO — all of which are disrupting traditional industries with blockchain-based solutions.

HNT is a decentralized wireless network provider that incentivizes individuals to set up long-range, low-power wireless hotspots. By enabling anyone to participate in the network and earn tokens in return, HNT is transforming wireless communication infrastructure through blockchain technology.

Another significant project in Multicoin’s portfolio is HONEY, a decentralized mapping initiative that combines user-generated content with blockchain technology to create a global map that anyone can contribute to and profit from.

Finally, IO is focused on decentralized cloud computing, providing infrastructure for high-performance applications.

Samani’s tweet also underscores Multicoin’s broader commitment to decentralized innovation and its support for projects like Solana, which are fundamentally changing industries and aiming to drive the development of decentralized infrastructure and services on a global scale.

These initiatives are setting the stage for a day when decentralized networks will power tomorrow’s infrastructure as the world shifts toward more decentralized solutions.