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XNET is a Solana-based mission that builds a distributed community of Wi-Fi hotspots and is partnered with US Telecom Large AT&T. The collaboration will enable AT&T to dump cell knowledge site visitors to XNET’s community, the crew informed LightSpeed completely.
XNET sells Wi-Fi hotspots that may be deployed by companies and public areas in change for XNET token rewards. Collectively, hotspot patchwork constitutes a distributed wi-fi community. XNET companions with cell carriers to dump cell knowledge to obtainable hotspots, assuaging community congestion and enhancing protection.
Underneath the AT&T settlement, which has been printed since September 2024, AT&T Wi-fi clients will hook up with XNET’s Wi-Fi networks if obtainable. AT&T pays XNET in {dollars} for knowledge utilization, and XNET passes the token to the node operator.
In keeping with Dune Dashboard, XNET at the moment has 688 energetic nodes, with round 9 million customers related through a Wi-Fi offload community. AT&T protection and XNET’s Wi-Fi handoff are seamless, and most customers do not assume it is taking place, Richard Devaul, co-founder of XNET, informed me. He added that bootstrapping companies like XNET would have been tough with out a token.
