Cairn Mesh
CRNMDePIN connectivity
Pays building owners to host fixed wireless relays and resells the backhaul capacity to rural internet providers on commercial terms.
- Strategic
- Solana
- IC reviewed
- 24 days left
Allocation snapshot · fictional demo data
Allocation target
800,000USDT
Committed
63.7%
| Committed by | USDT | Of target |
|---|---|---|
| CoinBrowse Ventures | 200,000 | 25.0% |
| Investment Pool | 310,000 | 38.8% |
| Uncommitted | 290,000 | 36.3% |
| Total committed | 510,000 | 63.7% |
| Allocation target | 800,000 | 100.0% |
Pool participants
178
Time remaining
24 days left
Diligence
IC reviewed
The allocation target is what CoinBrowse is seeking to secure in this round — not the amount Cairn Mesh is raising in total.
Investment thesis
Rural ISPs cannot justify their own tower builds below a few hundred subscribers. Cairn puts a relay on an existing rooftop, pays the owner monthly in CRNM, and sells guaranteed backhaul to the ISP on a two-year contract. Revenue arrives in dollars from ISPs; the token pays hosts. 1,180 relays are live across four US states.
Principal risks
Host payouts are denominated in CRNM while revenue is contracted in dollars, so a sustained price fall raises the real cost of running the network.
Spectrum rules differ by state, and two planned regions have no confirmed licensing path.
Relay hardware is single-sourced from one manufacturer with a 14-week lead time.
Milestones
- 1,180 relays live across four states — shipped
- Automated host payout with uptime attestation — in progress
- Second hardware supplier qualified — targeted Q2
Due diligence
IC reviewedReviewed by the investment committee and cleared to raise.
Eleven other fictional raises are open in this prototype.
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