It seems that DePIN will enter thousands of households this year. The computer at home can go to IO computing power mining, the mobile phone network can go to Grass data mining, and even your home router can go to shared network mining~
01Eating is not important, Wi-Fi is the real necessity
As a large track, DePin actually has many subdivided projects, such as video, computing, storage, Internet of Things and so on.
In fact, the Internet has always been a popular segment for DePin, especially when the Internet of Things was popular in the past two years. Many projects came out, but the actual scenarios were not profitable.
But think about the importance of WIFI in our lives. It’s okay to not eat for half a day, but if you don’t go online for 2 hours, you will probably feel very uncomfortable.
So, is it possible to connect to WIFI anywhere in the world? You know what, there is actually an organization promoting this plan.
In 2020, an organization called Wireless Broadband Alliance launched an OpenRoamingTM program. This organization is very powerful and it is worth a brief introduction.
Wireless Broadband Alliance is the Wireless Broadband Alliance, whose members are all industry elites or government agencies, such as telecom operators such as AT&T in the United States, T-Mobile in Germany, BT in the United Kingdom, and manufacturers such as Intel and Cisco.
To put it simply, this open roaming plan invites corporate organizations to contribute their own WIFI, so that your phone can connect to WIFI hotspots no matter where you go!
Logically speaking, since the open roaming plan is so practical and has such a powerful organization behind it, it should go smoothly, right?
But the opposite is true.
After several years of promotion, there are only about 3 million OpenRoaming available nodes in the world. Based on the scale of 628 million customer WIFI, only 0.6% of Wi-Fi networks are connected to OpenRoaming.
Why is this open roaming program not going so smoothly?
First of all, from the perspective of WIFI contributors, there is insufficient incentive. As the saying goes, there is no gain without pain, and most companies have no motivation to contribute their own WIFI.
Secondly, from the user's perspective, connecting to public WIFI may have security issues. In our daily lives, we rarely use public WIFI, mainly because of the trouble of authentication and the fear of leaking our private data.
So the key to the problem lies in incentives and security. In other words, how to expand the supply of WIFI through incentives? How to ensure the security of user data through technology?
The answer is obvious. The decentralized token incentive properties of WEB3 and the security of blockchain can solve these two problems.
02Web3 takes the lead
As the only Web3 project party among the 11 corporate alliances in the WBA open roaming plan mentioned above, Roam can be said to have carried the hopes of the entire village.
With Roam, both the incentive issues of WIFI providers and the security issues of users are solved for you.
At the incentive level, small and medium-sized enterprises or individuals can receive token incentives when providing WIFI, and the more WIFI users you contribute, the more rewards you will receive.
In terms of security, the Roam protocol adopts a centralized identifier DID and a verifiable credential VC framework, so you don’t have to worry about privacy leaks at all.
Because DID allows users to decide with which identity to connect to WIFI, and the verifiable credential (VC) framework allows users to decide whether to share personal information and what information to share with the outside world.
In addition, when using Roam when logging into WIFI, you can also save the troublesome login process and easily synchronize the configuration between devices through the Roam APP.
In general, the Roam protocol solves the incentive problem and the privacy problem of shared WIFI, and its feasibility is very strong.
This logic is somewhat similar to Xunlei's hit product Wanke Cloud a few years ago. With such a powerful technical solution and such good implementation, many bigwigs are very optimistic about Roam.
By the end of June, Roam had been deeply integrated with Solana and successfully integrated its services into Solana Mobile's Saga Phone.
In addition to the WEB3 project, major domestic companies are also deeply involved in the construction of the Roam ecosystem.
03Token Model Analysis
Now, Roam has not yet issued a coin, so let's briefly talk about the asset composition of the Roam ecosystem. Currently, Roam includes three assets: RoamPoint points, ecological tokens $ROAM, and Roam NFT.
RoamPoints is the core of the current Roam ecosystem. Users can obtain RoamPoints by contributing to the network, purchasing directly, or redeeming them with Roam partner merchants.
$ROAM is the governance token of the ecosystem. Users can obtain tokens through staking, voting, or receiving airdrops from other projects.
As for Roam NFT, it can be bound to mining equipment and staked to obtain $ROAM tokens.
04The giant pattern has taken shape
With powerful technical solutions and a sound economic model, Roam is growing very fast like a rocket!
Currently, Roam has more than 3.5 million available WiFi hotspots in 186 countries around the world, and the number of global nodes has exceeded 100,000.
The service user group has reached about 500,000 people, with an average of 300,000 users logging into the Roam App to sign in every day.
It can be said that in the entire field of decentralized wireless networks, Roam has become a veritable giant.
Let’s make a brief comparison with Helium on the same track.
At present, the scale of Roam ecological nodes has exceeded Helium 5G, becoming the second largest DeWi network.
The market value of Helium is about 500 million US dollars, so can you imagine how much Roam can reach?
05Mining Detailed Tutorial
For ordinary users, there are two ways to make money:
The first is to get it for free. You can actively participate in the Roam sharing economy by going to the Roam official website or searching on Google to download the Roam App. Then, you can turn on your own router to share the hotspot or check in to the Roam network through Check-in-to-earn. Both methods can earn RoamPoint points for free.
The second is to buy a Roam router.
According to the official Roam article, routers running Roam can get 4 times the RoamPoints bonus. So if you are very optimistic about Roam, you can also buy the router directly.
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