Validate demand before incentivizing supply, or incentives lead to waste
Akash: $300 Million Incentives w/Greg Osuri | CEO of Overclock Labs,Founder & Akash Network (Bare Metal Podcast)
“Learning from the mistakes of the previous generation DePIN projects, we learned that unless you validate demand, incentivizing supply will lead to wastage.” — 00:31:41
Context: Explaining why Akash stayed “pre-incentive” until GPU demand was proven (A100 utilization 95%+); cites Filecoin GPUs being repurposed onto Akash as the cautionary example.