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CEO Letter 2026: The internet owes you rent

An open letter from Vincenzo Picciuolo, Founder & CEO of HORNO Network, on why the next era of the web has to pay its participants back.

June 25, 2026 8 min read 34.6k views

CEO Letter 2026: The internet owes you rent

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Vincenzo Picciuolo
Vincenzo Picciuolo
Founder & CEO ยท HORNO Network ยท Author ยท ๐Ÿ‡ฎ๐Ÿ‡น Italy
Elite

Twenty-five years ago I wrote my first line of production code on a Pentium III in a small office outside Milan. The internet was a place we built. Today, for most of the people who use it, it has become a place that extracts from them. We thought we were building tools; we built a toll booth.

HORNO Network exists because that bargain is broken. The average household owns more idle storage, bandwidth and compute than a 2008 data center. None of it is paid. Meanwhile, three companies underwrite the entire web and rent it back to us at margins that would embarrass an oil cartel.

We are not building another cloud. We are building the social and economic layer that lets people contribute the infrastructure they already own โ€” and get paid in PICO Credits, settled in USDT, with no token speculation, no lock-ups and no permission to ask.

In the next twelve months we will cross 100,000 active storage nodes, launch HORNO Space subdomains in 14 languages, and ship the first Proof-of-Storage attestations directly into AI agent workflows. None of this is the goal. The goal is simpler: the next billion people online should own a piece of the rails they run on.

If you are reading this, you are early. Build with us.

#Leadership#Vision#DePIN#CEO Letter
Written by
Vincenzo Picciuolo

Founder & CEO of HORNO Network. 25+ years in infrastructure, blockchain and hardware. I write โ€” I don't recruit. Read my CEO letters and essays.

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