# Validate demand before incentivizing supply, or incentives lead to waste

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2024-01-09
- **Theme:** Crypto & DePIN — https://www.gregosuri.com/predictions/crypto-depin/
- **Source:** Akash: $300 Million Incentives w/Greg Osuri \| CEO of Overclock Labs,Founder & Akash Network (Bare Metal Podcast)
- **Watch at:** 00:31:41 — https://www.youtube.com/watch?v=9gI5CWNpDgw&t=1901s
- **Canonical:** https://www.gregosuri.com/predictions/crypto-depin/2024-01-09-validate-demand-before-incentivizing-supply-or-inc-xkfa/
- **Cite as:** Greg Osuri, "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), 9 Jan 2024, 00:31:41. https://www.youtube.com/watch?v=9gI5CWNpDgw&t=1901s

## Quote — verbatim

> Learning from the mistakes of the previous generation DePIN projects, we learned that unless you validate demand, incentivizing supply will lead to wastage.

## Context — site annotation, not spoken

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.