Excellent points! Thank you.
I will try to answer as concise as I can.
1)
what is the projected time-frame for the "mining rewards" to get to stage where I break even from the purchase of the hardware?Based on our tokenomics, every day we will “mint” a fixed amount of tokens and distribute them to community members. In the beginning stations will be few, tokens will be many, so early adopters will accumulate many tokens fast. For the token to have any value, a number of things need to happen, we (WeatherXM) need to convert our own fiat money to cryptocurrency and use them as liquidity for our token in a DEX (e.g. uniswap)
As soon as this happens, our token can be exchanged and its price will fluctuate based on demand and supply. Some people might see the token as a form of investment and will trade it, because that's how crypto works, so this adds more volatility. Therefore it is impossible to predict return on investment at this point. There is a possibility that the token will go to zero, one will never get his hardware investment back and we will lose all money put in the liquidation pool. There is also a possibility of high returns, if you look what has happened with similar crypto projects. Our mission is to make this mechanism work for the benefit of all of us, but it might take some time.
Our intention is to deliver value to station owners in addition to the token, by creating a custom, hyper local, more accurate weather forecast for the exact station location, using model output statistics and machine learning. We will essentially “correct” 3rd party forecasts for that location based on the actual data. We do this for our B2B customers already, so we think the community will appreciate and benefit from this service too.
2)
returns accrued can only be spent at your company store. Is that correct?No, its actually the opposite, our tokens can be exchanged thus spent anywhere. It is the “weather data credit” that can only be purchased on our store. This is how we will sell weather data and services to other enterprises. That's essentially our revenue, and we have connected this revenue with the token price, using the burn-and-mint equilibrium, so the more weather data we sell, the more tokens we “burn”, so the token price increases since less tokens circulate, thus we are passing on the value to the community.
3)
weird tax implications about getting a "fee-for-service"?Station rewards are in cryptocurrency. Taxes apply when you convert crypto tokens to fiat, and depends on how, when and where you do it. Keep in mind, many retail sites worldwide receive crypto coins as payment and crypto is replacing traditional finance more and more every day.
4)
why you need a data collection device when our data is already available on the internet Wish we didn’t and we are open to discuss ways to overcome it, but there are too many obstacles using PWS data for commercial purposes with current status quo.
Most networks that weather enthusiasts
send their data for free, apply licence terms that forces everyone else to either buy the data, or forbid use altogether, even though data are visible to the public.
Current PWS weather data have no proof of location or quality. In the blockchain / web3 world this is a major problem. If we were to reward any weather station owner by pointing at his/her server then it would be very easy for one to spoof thousands of fake stations.Thats why we use a GPS and a special crypto chip (ATCC608) in our devices as well as multiple validation mechanisms.
Overall, we see a “trustless” future, with weather related services made more efficient and accessible to new markets. For example, to automate a parametric weather crop insurance using data from a weather station that it is deployed on the actual crop one can not use today's traditional weather services, cloud infrastructure or hardware.
I understand that all these sound overcomplicated and like a ponzi scheme to anyone not familiar with crypto, but it does not get more transparent than this.
We are just getting started with this ambitious goal, so many things are been decided as we progress. We already have early adopters from the crypto world, and this great for expanding weather knowledge and community, but we would really benefit if we have some weather enthusiasts on board too, to get expert feedback and healthy scepticism

.
Thanks again for the questions/feedback, and I am happy to continue the discussion and answer/clarify any concerns or brainstorm on requirements.
Btw, what do you think about our autonomous hardware?
https://weatherxm.com/shop/wxm-miner-bundle-4g-lte/How would you address the need for a weather station in a crop, what’s your recommended / typical approach and equipment + cloud platform of choice?