What if your internet connection could become infrastructure you earn from, instead of just another monthly bill? That is the idea behind @dawninternet. $DAWN started with a simple problem: last-mile internet has too much dependence on a centralized ISP. The protocol puts that capacity in the hands of users and network operators. Andrena, the New York ISP behind DAWN, has been running fixed-wireless broadband for years. DAWN is the protocol layer on top. Rooftop radios and home nodes provide multi-gigabit wireless capacity. Nearby users can buy that bandwidth, while Solana records who provided the service and how much they delivered. The important part is verification. DAWN uses different proofs to check whether the physical network is actually doing what it claims: • Proof of Backhaul / Bandwidth checks throughput • Proof of Location checks where a node is operating • Proof of Frequency checks spectrum usage So if a node advertises 1 Gbps but only delivers 400 Mbps, the economics adjust accordingly. That is a pretty important distinction for a DePIN network. The hardware has to actually move data. There are already a few ways to participate. The Chrome validator extension is the easiest entry point. Keep it connected and earn points based on uptime and connection quality. Then there is the Black Box, a home node designed to provide bandwidth while also acting as an edge device for other DePIN workloads such as storage, CDN and compute. And the Deployer Network is aimed at actual operators and ISPs installing coverage, with Flume among the named partners in US cities. Then DAWN added another layer. Its account now describes the project as an RWA protocol for tokenizing digital infrastructure powering AI. The reason is USD.infra Vault. Users deposit USD.infra and receive sUSD.infra, with the capital intended to finance physical deployments such as wireless networks, carrier offload, GPUs and CDNs. The idea is that contracted infrastructure payments flow back to the capital layer. The vault has shown $10M+ TVL, with individual infrastructure loans posted separately. So there are effectively two businesses being built around the same network. First, users and operators provide physical bandwidth. Then onchain capital can help finance the infrastructure needed to expand that network. That makes $DAWN more than a bandwidth token. The token is used for network rewards, intended access settlement, staking and validation around the physical proofs. And the network is built on Solana. DAWN has also raised serious venture capital, including a $13M Series B led by Polychain in December 2025, following earlier funding from investors including Dragonfly. The bigger bet here is fairly simple. Households already have physical infrastructure sitting around them. Rooftops can host radios. Home connections can contribute bandwidth. Edge hardware can provide compute. DAWN is trying to turn those assets into a network that can be measured, used and eventually financed onchain. The interesting part isn't making internet “free.” It's making bandwidth something people can host, prove and sell, while giving onchain capital a way to finance the physical infrastructure behind it. That puts $DAWN at the intersection of DePIN, RWA and the infrastructure AI actually needs.