#DEPIN track is a direction we are very optimistic about in this cycle. Messari predicts that the DePIN market size will reach 2.2 trillion in 28 years and 3.5 trillion in 30 years.
With such a huge market scale, many unicorn projects will surely emerge, and the DEPIN track is often deeply bound and integrated with the SOL chain. Recently, another leading project in the DEPIN field @metablox was officially renamed#Roamand joined the SOL embrace. Let us take a deeper look.
#ROAM It aims to break the boundaries of traditional WiFi networks and build a seamless global WiFi roaming network. It is based on native Web3 technologies such as DID (decentralized identification) and VC (verifiable credentials), allowing users to access different WiFi without having to log in and reconnect repeatedly. This innovative technology eliminates the cumbersome steps brought by WiFi connections in life, making connections simple and fast. At the same time, it provides a novel mining mechanism and diversified application scenarios!
core advantages:
① #ROAM #ROAM DIDs technology is a new type of decentralized identifier that realizes verifiable and decentralized digital identities. DIDs can represent any type of subject, such as data models, physical entities, organizations, etc., and the specific type is selected by its controller.
② The Verifiable Credential (VC) system allows users to decide whether to share personal resources and can choose how and under what circumstances to share.
③One of the 11 OpenRoaming (Wifi protocol standard) ID providers recognized by WBA, and the only Web3 project. Other members are traditional well-known companies such as Boingo and Cisco. There are more than 3.5 million OpenRoaming nodes, 120,000 self-owned nodes, and the overall nodes cover about 98 countries. Imagine that you can access the Internet with free WIFI without a password in any country or anywhere. What a cool thing it is.
Join the SOL chain ecosystem:
Currently, more and more leading DEPIN projects are migrating to the SOL chain. There was HNT before, RNDR after, and now ROAM. Using SOL’s scalability, high TPS and low transaction fees can better improve Roam’s existing network processing speed. and transaction volume thereby helping it gain more users, while also setting new standards for efficiency and performance in the decentralized DePIN ecosystem.
#ROAM All on-chain behaviors will be uploaded to the SOL chain, including user check-ins, DIDs, VCs and other core strengths of the project. It will greatly expand the WIFI coverage efficiency and network stability. At the same time, with the help of the powerful tool set on SOL, various gameplay innovations of DEFI and NFT can be realized in the later period. For example: Use cNFT to mint low-cost NFT badges. Using the SOL hardware terminal SAGA mobile phone, it is expected to be combined with WIFI mining in the future to bring more interesting ecological construction.
As a guess, Roam currently supports 350W open nodes + 12W self-built nodes + 5W users, which will contribute a large number of users to SOL around the world, and will become a convenient portal between the SOL ecosystem and the traditional world in the future. At the same time, Roam users will also provide SOL with a large amount of on-chain data and transactions, and provide 3W data with privacy protection based on data and user behavior. These data will provide valuable reference for project parties in terms of precise airdrops and community activities.
Competitive product comparison:
After the SOL main network was migrated, the project was renamed #ROAM, which means roaming. This improved the positioning and height of the project. The direct benchmark is #HNT, which is also a decentralized wireless network project developer. HNT currently has only 21,010 mobile nodes, while ROAM currently has 120,000 self-owned nodes, which is 6 times that of HNT.
The#HNTMOBILE 5G service in the same scenario is only applicable to the US domestic market due to frequency band restrictions, not global users. Its essence is a mechanism of virtual card operators (centralized card issuers) grafted on T-mobile, and it is a subnet solution of HNT. Further expansion requires continuous feedback from the HNT main network ecosystem. In contrast, ROME WiFi's degree of decentralization and global coverage are obviously more advantageous.
Financing:
Completed a US$5 million strategic round of financing, deeply integrated with Solana, and received Solana grant support. Anagram and Volt Capital led the investment, with participation from Comma3, ECMC Group, Awesome People Ventures, DePIN Labs, Future 3 Campus, IoTeX, ZC capital and JDI. In addition, MetaBlox angel round participants Synergis and SNZ continued to pursue investments in strategic rounds.
Q2 TGE：
Not long ago, we introduced the project's airdrop plan, which includes two modes: software + hardware. mPoints points can be obtained for free, which will be exchanged for project tokens later.
It is currently officially confirmed: It is planned to be launched on the exchange in the Q2 quarter, so you can seize the last airdrop opportunity!
Summary: As the leading DEPIN project in the current WIFI field, ROME embraces the SOL family, takes advantage of the SOL chain scalability, high TPS and low GAS, and complete ecological infrastructure. The superimposed project comes with 3.5 million OpenRoaming nodes + 12W of self-built Network nodes, as well as rapid growth, have increased by more than 60,000 nodes since February. It is expected to bring many interesting experiences and gameplay to the SOL ecosystem, which is worth looking forward to.
Finally, please pay more attention to#ROAM Official @metablox, more activities will be launched later.
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