The DePIN track is one of the most imaginative tracks in this cycle, with huge potential. In the DePIN report released by @MessariCrypto, it is expected that the market size will reach 3.5 trillion US dollars in 2028. At present, the entire cryptocurrency market is only 2.1 trillion. According to Coingecko data, the current market value of the entire DePIN track is only 21 billion US dollars, and the potential is unlimited. Today we will introduce the decentralized WIFI roaming network leader#Roam(@weRoamxyz)
Solve pain points:
WIFI wireless network has become a necessity in our lives, just like water and air. But in life, we often worry about accessing WIFI network in a strange place. The first is security. Will the access of strange network steal our data? Especially for encrypted users, I rarely connect to strange WIFI. The second is to find password or identity verification, which is a very cumbersome step. For example, at the airport, it will leak private information such as mobile phone number. And#ROAMis born for this purpose.
ROAM 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!
Project Advantages
1. The DIDs technology used by ROAM is a new type of decentralized identifier that realizes verifiable and decentralized digital identity. 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 Credentials (VC) system allows users to decide whether to share personal resources and can choose how and under what circumstances to share.
3. One of the 11 OpenRoaming (Wifi protocol standard) ID providers recognized by WBA, and the only Web3 project. Other members include traditional well-known companies such as Boingo and Cisco. As of now, the Roam network has covered more than 180 countries, has more than 450,000 self-owned nodes, and serves more than 560,000 users. This unique advantage enables Roam to build a bridge for traditional Web2 users to transition to Web3, provide seamless connections and build a decentralized global WiFi roaming network.
4. Cyber Security: As a member of OpenRoaming, WBA requires that the security of WiFi connections be ensured, including encrypted communications between user devices and Roam routers, as well as other measures to prevent hacker attacks and data leaks.
5. Roam mining incentives: Users can earn Roam Points and enjoy stable network connections by deploying Roam mining machines. Roam uses a token incentive mechanism to reward users and network providers and promote network expansion and maintenance.
ROAM has joined the SOL chain ecosystem. Holders of ROAM physical mining machines will provide DePIN-related ecological airdrops! Currently, more and more leading DePIN projects are migrating to the SOL chain, including #HNT, #Render, and now #ROAM. By leveraging SOL's scalability + high TPS and low transaction fees, ROAM network processing speed and transaction volume can be better improved, thereby bringing more ecological cooperation and users. The official has made it clear that DePIN cooperation airdrops will be brought later.
Project Data
ROAM has more than 560,000 users and 450,000 self-built nodes worldwide. ROAM is different from other DePIN projects with its hardware products, such as Rainier MAX60 routers and Baker MAX30 access points. ROAM hardware uses advanced technologies, such as WiFi6 technology and active mesh networks, to provide users with stable and efficient connections, as well as mining benefits. Currently, the project data is still maintaining a high growth trend.
Mining machine introduction: Roam Rainier MAX60
As the latest generation of WiFi 6 router, the Roam Rainier MAX60 router integrates the most cutting-edge WiFi technology and hardware configuration, and can provide users with excellent network performance.
Advantages:
1. High-speed Internet connection
MAX60 supports WiFi 6 standard and provides wireless connection speeds of up to 9.6 Gbps.
2. Powerful device connection capabilities
MAX60 uses OFDMA (Orthogonal Frequency Division Multiple Access) technology and can support the connection of more than 200 devices at the same time without affecting network performance.
3. Extremely strong security
MAX60 adopts the latest WPA3 security protocol and uses a 256-bit encryption algorithm to provide users with multiple authentication and encryption protection to ensure the security of user data and funds.
Roam Rainier MAX60 mining advantages:
MAX60 is not only a high-performance router, but also has powerful mining capabilities.
1. Efficient mining performance
Users who activate the device will receive 3,000 Roam Points as a reward. After that, the router can generate more than 60 Roam Points per day, and 5 Roam Points can be obtained by signing in daily, with a daily reward capped at 150 Roam Points.
2. Support dual mining/multi-mining
In addition to Roam Points, MAX60 will also support dual mining/multi-mining functions. At present, the Roam mining machine platform is about to receive support from more ecological projects, and in the future it will be possible to mine tokens of projects such as D-VPN, CDN, and Cloud storage at the same time. The dual mining mode not only improves the efficiency of the mining machine, but also provides users with a variety of income channels and achieves a faster payback period.
3. Additional airdrop rewards
Roam miners can receive regular airdrops from ecological projects. Since the project is supported by#IOTXand#SOLchains, future#DePINcooperation will be immeasurable. These additional airdrop rewards will further increase the return on Roam miners and gain competitive advantages and barriers in the market.
4. Low power consumption design
MAX60 adopts advanced low-power design, which minimizes consumption while providing high-performance network connection. This low-power design not only reduces electricity costs, but also reduces the impact on the environment, making it an environmentally friendly and energy-saving mining device.
As a sponsor of the ABS Summit (one of the largest blockchain summits in Asia), Roam brought its latest generation of router mining products and announced that it will launch a new product line Roam Growth before TGE. Specific details will be announced in the near future.
Recently, the project has launched early user incentives. Roam officials will airdrop a total of 20 million ROAM tokens to users who purchased various Roam mining machines before TGE and early MetaBlox NFT holders to reward them for their contributions to the early network ecosystem construction of the project. Mining income will increase exponentially in the near future, so don't miss it!
Investment institutions
Roam has raised a total of $7 million. Investors include: Collab+Currency, Synergis Capital, Anagram, Volt Capital, Comma3 Ventures, IoTeXFuture Life, Slope, Stratified Capital, JDI Global, ZC Capital, ECMC Group, SNZ Holding, DePIN Labs, etc. Samsung Next also recently participated in the round, which deserves special attention.
Potential Thinking:
ROAM recently received investment from Samsung Next! Samsung Next, backed by Samsung Ventures, is Korea’s premier Web2 investment entity. With Samsung joining the team, this collaboration will not only foster synergies between Web2 and Web3 users, but will also revolutionize the way we connect wirelessly.
In addition, DePIN Labs invested in ROAM’s angel financing round. Considering that the founder of DePIN Labs is a former executive of a major domestic manufacturer, some people speculate that ROAM may cooperate with a major domestic manufacturer. This potential partnership can leverage its rich resources and expertise to significantly promote ROAM’s technological and ecological development.
Founder
Jeffrey Manner is the co-founder and business director of ROAM. He was previously the head of strategic partnerships at Consensus Core and a general partner at Weave VC, an early-stage venture capital fund. He holds a Master of Economics from Copenhagen Business School and a Bachelor of Commerce from Victoria University.
For normal users:
Access Roam’s free WiFi connection at any time through the Roam app, and enjoy high-speed network access to 370W OpenRoaming Wi-Fi hotspots and 45W Roam self-built nodes in more than 180 countries around the world.
For miners:
For those who are interested in mining, you can purchase a mining machine through the link. After the team negotiated with the official, they brought a $100 discount benefit to the fans, first come first served, a total of 20 discount codes!
There have been many activities and benefits for the ROAM project recently, and the popular CollabFest 3.0 event is now online!
Duration: August 1st to August 31st, don't miss it!
Summarize
Roam has built a growth flywheel for the system through economic incentives and community building. With the strong combination of external cooperation, support from Samsung Next and strategic partnership, Roam is in a favorable position to connect Web2 and Web3. Its unique hardware, potential connections with major technology companies and exclusive OpenRoaming access to Web3 have enabled it to play a key role in promoting the transition to a decentralized global WiFi network, marking its position as an innovator in the future of digital connectivity. It is worth paying special attention to.