DePIN's Glow Up: Incentivizing the Deployment of Solar Farms

Key Insights

• Glow uses DePIN principles, game theory, and blockchain infrastructure to incentivize the creation of new solar farms that produce high additionality carbon credits.
• Most DePIN projects are constrained on the demand side. Glow is constrained on the supply side. The growth of the Glow protocol is primarily constrained by the number of solar farms it can incentivize to join Glow.
• Glow’s native token, GLW, has intrinsic value derived from the sale of carbon credits produced by the Glow Protocol.
• The cost of installing solar farms is upfront, with negligible ongoing costs. Once they join Glow, solar farms are incentivized to continue producing carbon credits for the protocol indefinitely.

Introduction

As called for in the Paris Agreement, global CO2 emissions must decrease by 45% by 2030 and reach net zero by 2050 to avoid irreversible climate damage.