Grid Shares
DePIN Revenue-Sharing Infrastructure Tokens
Executive Summary
DePIN (Decentralized Physical Infrastructure Network) revenue-sharing tokens. Physical infrastructure operators (solar panels, 5G nodes, EV chargers) tokenize revenue streams. DUAL tracks real-time utilization, calculates revenue splits, and distributes payments. $744M VC investment in DePIN validates the market.
Token Data Schema
What this token holds — every field is specific to Grid Shares:
{
"immutable": {
"grid_asset_id": "UUID",
"grid_region": "string",
"capacity_mw": "float"
},
"mutable": {
"share_percentage": "float",
"revenue_share": "uint256",
"monthly_yield": "uint256"
},
"compliance": {
"utility_approved": "bool",
"environmental_cleared": "bool"
}
}User Journey
Registers grid asset (solar farm, wind turbine) and capacity specifications
Token: grid_asset_id created, capacity_mw immutable
Tokenizes ownership shares and sets initial share_percentage allocations
Token: share_percentage set, token supply minted
Collects monthly revenue from grid sales and distributes via smart contracts
Token: revenue_share updated, monthly_yield calculated
Verifies asset environmental compliance and utility approval status
Token: utility_approved = true, environmental_cleared = true
Distributes yield to shareholders monthly proportional to holdings
Token: shareholder_balances updated, dividend_paid event logged
Token Lifecycle
State machine transitions:
Why Not Just a Database?
| Approach | Portability | Mutable State | Cross-Org | Compliance |
|---|---|---|---|---|
| Traditional Share Certificate | Stock exchange only | Corporate action processing | Limited secondary market | SEC-regulated |
| DeFi Yield Token | Wallet-native | Smart contract updates | Decentralized swaps | No regulatory interface |
| Utility Bonds | Bond market | Fixed coupon | Centralized settlement | Utility-managed |
| DUAL Grid Share | Open DeFi + grid-integrated | Monthly yield updates | Multi-grid settlement | Utility + DeFi compatible |
Market Opportunity
Mutable state tracks real-time utilization and revenue accrual; Event Bus processes IoT telemetry from physical infrastructure; geo-positioning pins tokens to physical assets; Compliance Layer enforces revenue distribution rules.
Business Model & Unit Economics
- Asset Tokenization: $10,000-$50,000 one-time for registering and tokenizing grid asset
- Monthly Settlement: 0.5% of monthly revenue distributed through yield token
- Share Trading: 0.1% trading fee on secondary market peer-to-peer transfers
- Grid Integration: $1,000/month for real-time revenue data feeds and compliance
Per-asset: $10K-50K one-time tokenization; $0.5-1% of monthly revenue. Avg. asset: $2M value, $100K/year yield = $500-1,000/month revenue. COGS: $100/month. Gross margin: 80%.
5-Year Projections
| Year | ARR | Customers | Notes |
|---|---|---|---|
| Y1 | $250K | 10 grid assets | Solar farm pilot (USA) |
| Y2 | $1.5M | 75 assets | Wind + hydro asset classes |
| Y3 | $4M | 250 assets | Utility secondary market |
| Y4 | $8M | 600 assets | Cross-utility trading |
| Y5 | $14M | 1.2K assets | Grid share liquidity protocol |
Competitive Positioning
| Competitor | Weakness | DUAL Advantage |
|---|---|---|
| Traditional Utility Bonds (MLP) | Illiquid; high minimum investment; limited retail access | Fractional tokenized shares + liquid trading |
| Hedera Energy Web Tokens | Limited to participating utilities; no secondary market | Multi-utility support + DeFi trading integration |
| SolarWindExchange (Local Trading Only) | Regional silos; no interoperability; limited scale | Cross-utility settlement + national grid integration |
Go-to-Market
Partner with 5-10 solar farms. Tokenize and list on DUAL. Target: 10 assets, $250K ARR.
Add wind, hydro, geothermal assets. Utility secondary market launch. Target: 75 assets, $1.5M ARR.
Cross-utility trading. Retail investor access. Become the grid modernization standard.
90-Day MVP
- Grid asset registration: Utility + renewable certification validation
- Share token minting: Fractional ownership distribution
- Revenue data feed: Real-time monthly revenue ingestion
- Yield distribution: Proportional payout calculation per shareholder
- DeFi DEX integration: Uniswap/Curve liquidity pair launch
- Utility compliance reporting: Grid asset audit trail
Risk Factors
Utilities may face rate constraints or policy changes affecting revenue predictability.
Mitigation: Long-term capacity contracts; diversify across regions; hedge via commodity futures.
Legacy utility systems may not support real-time revenue data feeds.
Mitigation: Pre-built utility integrations; managed data pipeline service; fallback manual settlement.
Solar/wind assets may generate lower yield than projected (equipment failure, weather).
Mitigation: Insurance partnerships; performance guarantees; diversify across multiple assets.
Grid share tokens may have low trading volume if not on major exchanges.
Mitigation: DEX partnerships; market maker incentives; retail investor access programs.
VC Pack Documents
Complete pre-seed investment package:
Get Started with AI
Prerequisites: Complete the DUAL Quick Start Guide to set up your environment and API keys before building this concept.
# Build Grid Shares on DUAL You are building a tokenized renewable energy asset ownership system. Start here: 1. Design the grid share schema: immutable grid_asset_id, grid_region, capacity_mw; mutable share_percentage, revenue_share, monthly_yield; compliance utility_approved, environmental_cleared. 2. Create the grid asset registration: - Asset owner registers renewable asset (solar farm, wind turbine) - Utility validates asset specs and capacity - Obtain environmental clearances - Mint share tokens representing fractional ownership 3. Build revenue collection: - Monthly: Collect revenue from grid sales (PPA or spot market) - Distribute revenue prorata to shareholders based on share_percentage - Update revenue_share field per holder 4. Implement yield distribution: - Calculate monthly_yield per share - Compound monthly yields - Enable dividend withdrawals or reinvestment 5. Create secondary market: - Deploy grid share token on Uniswap/Curve - Enable peer-to-peer trading - Retail investor access 6. Add compliance reporting: - Monthly utility audit trail - Environmental impact tracking - Investor disclosures Start by registering a pilot solar asset and deploying its share token.