BPOI Banner
Solana Launches Decentralized WiFi Network Roam to Unite 1 Million Hotspots Solana Launches Decentralized WiFi Network Roam to Unite 1 Million Hotspots

Decentralized WiFi Network to Unite 1M Hotspots

Solana has introduced Roam, a decentralized WiFi network designed to transform global connectivity.

In an official announcement shared on Solana’s social media, the project aims to integrate over 1 million WiFi hotspots into a secure global network. Users will be incentivized with rewards for their participation and contributions.

Solana to Revolutionize Connectivity with DeWi and DePIN

According to its official website, Roam utilizes Open Roaming protocols, positioning itself as a leading innovation in the Decentralized Wireless (DeWi) space. The project reflects Solana’s dedication to redefining global connectivity.

“Meet Roam — unifying 1M+ WiFi hotspots into a secure global network on Solana by rewarding users for contributing,” Solana wrote.

Leveraging these technologies, Roam aims to provide secure, reliable, and seamless connectivity. If successful, the project could drive broader adoption of DeWi technologies and strengthen Solana’s reputation as an industry innovator.

Further, the initiative integrates user incentives with novel connectivity solutions. Users can access millions of free WiFi points while earning rewards through daily check-ins and staking Roam Tokens (ROAM). With this, Solana aims to create a self-sustaining network that prioritizes security and efficiency. The platform’s features include:

  • Roam Miner: Enables users to enhance their rewards while staying connected. It also offers crypto mining capabilities alongside enterprise-grade connection security.
  • Roam Tokens: Users can accumulate Roam Points, which can be staked to earn $ROAM tokens, creating an incentive-driven ecosystem.
  • Check-In Rewards: A daily check-in system allows users to earn Roam Points, enhancing their rewards over time.

The launch of Roam adds to Solana’s growing list of innovations. In September, the blockchain network introduced the Seeker Phone, a follow-up to its earlier Saga smartphone. The latter was designed specifically for Web3 users.

Despite Solana’s efforts to integrate blockchain capabilities into modern technology, the innovations have faced criticism. Some users believe the products are ahead of their time and lack widespread appeal. Others argue that certain initiatives struggled to gain traction due to limited market readiness and high development costs.

The market’s response to Roam’s launch has been relatively muted, with Solana’s native token, SOL, posting only a modest 3% price increase after the announcement, reflecting cautious investor optimism.

SOL Price Performance. Source: BeInCrypto

As Solana continues to push the envelope with projects like Roam, its ability to balance innovation with practicality will be crucial in determining the long-term success of these ventures. Nevertheless, Solana’s latest innovation, Roam, signals the network’s focus on driving blockchain innovation in real-world applications.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

Source link

Lockridge Okoth

https://beincrypto.com/solana-launches-decentralized-wifi-network/

2025-01-14 13:30:00

bitcoin
Bitcoin (BTC) $ 82,964.23 2.64%
ethereum
Ethereum (ETH) $ 1,810.21 5.53%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.02 6.16%
bnb
BNB (BNB) $ 588.82 3.82%
solana
Solana (SOL) $ 120.47 5.07%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.163792 5.99%
cardano
Cardano (ADA) $ 0.642899 5.59%
tron
TRON (TRX) $ 0.233695 1.27%
staked-ether
Lido Staked Ether (STETH) $ 1,816.63 5.21%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 82,894.21 2.67%
the-open-network
Toncoin (TON) $ 3.87 4.57%
leo-token
LEO Token (LEO) $ 9.36 1.06%
chainlink
Chainlink (LINK) $ 12.98 8.23%
usds
USDS (USDS) $ 1.00 0.01%
stellar
Stellar (XLM) $ 0.256531 5.77%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,181.84 5.05%
avalanche-2
Avalanche (AVAX) $ 18.13 8.02%
sui
Sui (SUI) $ 2.28 6.27%
shiba-inu
Shiba Inu (SHIB) $ 0.000012 5.14%
hedera-hashgraph
Hedera (HBAR) $ 0.160545 6.13%
litecoin
Litecoin (LTC) $ 82.32 3.24%
polkadot
Polkadot (DOT) $ 3.96 5.22%
mantra-dao
MANTRA (OM) $ 6.15 2.48%
bitcoin-cash
Bitcoin Cash (BCH) $ 293.28 5.43%
bitget-token
Bitget Token (BGB) $ 4.51 2.63%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.01%
weth
WETH (WETH) $ 1,806.72 5.80%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998333 0.19%
pi-network
Pi Network (PI) $ 0.657388 7.17%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,929.26 5.40%
hyperliquid
Hyperliquid (HYPE) $ 12.30 7.82%
monero
Monero (XMR) $ 216.40 1.25%
whitebit
WhiteBIT Coin (WBT) $ 27.58 2.05%
uniswap
Uniswap (UNI) $ 5.87 6.97%
dai
Dai (DAI) $ 0.999739 0.06%
aptos
Aptos (APT) $ 5.08 6.47%
susds
sUSDS (SUSDS) $ 1.05 0.15%
pepe
Pepe (PEPE) $ 0.000007 8.92%
near
NEAR Protocol (NEAR) $ 2.44 8.87%
okb
OKB (OKB) $ 47.31 2.27%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 82,955.23 2.69%
gatechain-token
Gate (GT) $ 22.39 2.39%
tokenize-xchange
Tokenize Xchange (TKX) $ 34.17 0.37%
crypto-com-chain
Cronos (CRO) $ 0.095777 9.61%
mantle
Mantle (MNT) $ 0.775043 2.99%
first-digital-usd
First Digital USD (FDUSD) $ 0.985295 1.20%
ondo-finance
Ondo (ONDO) $ 0.785707 5.34%
internet-computer
Internet Computer (ICP) $ 5.03 7.78%
bitcoin
Bitcoin (BTC) $ 82,964.23 2.64%
ethereum
Ethereum (ETH) $ 1,810.21 5.53%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.02 6.16%
bnb
BNB (BNB) $ 588.82 3.82%
solana
Solana (SOL) $ 120.47 5.07%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.163792 5.99%
cardano
Cardano (ADA) $ 0.642899 5.59%
tron
TRON (TRX) $ 0.233695 1.27%
staked-ether
Lido Staked Ether (STETH) $ 1,816.63 5.21%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 82,894.21 2.67%
the-open-network
Toncoin (TON) $ 3.87 4.57%
leo-token
LEO Token (LEO) $ 9.36 1.06%
chainlink
Chainlink (LINK) $ 12.98 8.23%
usds
USDS (USDS) $ 1.00 0.01%
stellar
Stellar (XLM) $ 0.256531 5.77%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,181.84 5.05%
avalanche-2
Avalanche (AVAX) $ 18.13 8.02%
sui
Sui (SUI) $ 2.28 6.27%
shiba-inu
Shiba Inu (SHIB) $ 0.000012 5.14%
hedera-hashgraph
Hedera (HBAR) $ 0.160545 6.13%
litecoin
Litecoin (LTC) $ 82.32 3.24%
polkadot
Polkadot (DOT) $ 3.96 5.22%
mantra-dao
MANTRA (OM) $ 6.15 2.48%
bitcoin-cash
Bitcoin Cash (BCH) $ 293.28 5.43%
bitget-token
Bitget Token (BGB) $ 4.51 2.63%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.01%
weth
WETH (WETH) $ 1,806.72 5.80%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998333 0.19%
pi-network
Pi Network (PI) $ 0.657388 7.17%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,929.26 5.40%
hyperliquid
Hyperliquid (HYPE) $ 12.30 7.82%
monero
Monero (XMR) $ 216.40 1.25%
whitebit
WhiteBIT Coin (WBT) $ 27.58 2.05%
uniswap
Uniswap (UNI) $ 5.87 6.97%
dai
Dai (DAI) $ 0.999739 0.06%
aptos
Aptos (APT) $ 5.08 6.47%
susds
sUSDS (SUSDS) $ 1.05 0.15%
pepe
Pepe (PEPE) $ 0.000007 8.92%
near
NEAR Protocol (NEAR) $ 2.44 8.87%
okb
OKB (OKB) $ 47.31 2.27%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 82,955.23 2.69%
gatechain-token
Gate (GT) $ 22.39 2.39%
tokenize-xchange
Tokenize Xchange (TKX) $ 34.17 0.37%
crypto-com-chain
Cronos (CRO) $ 0.095777 9.61%
mantle
Mantle (MNT) $ 0.775043 2.99%
first-digital-usd
First Digital USD (FDUSD) $ 0.985295 1.20%
ondo-finance
Ondo (ONDO) $ 0.785707 5.34%
internet-computer
Internet Computer (ICP) $ 5.03 7.78%