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XNET is a Solana-based venture that builds a distributed community of Wi-Fi hotspots and is partnered with Telecom Big AT&T within the US. The collaboration will enable AT&T to dump cell information site visitors to XNET's community, the staff advised LightSpeed completely.
XNET sells Wi-Fi hotspots that may be deployed by companies and public areas in alternate for XNET token rewards. Collectively, hotspot patchwork constitutes a distributed wi-fi community. XNET companions with cell carriers to dump cell information to out there hotspots, assuaging community congestion and bettering protection.
Underneath the AT&T settlement, which has been revealed since September 2024, AT&T Wi-fi prospects will hook up with XNET's Wi-Fi networks if out there. AT&T pays XNET in {dollars} for information utilization, and XNET passes the token to the node operator.
In line with Dune Dashboard, XNET presently has 688 lively nodes, with round 9 million customers linked through a Wi-Fi offload community. AT&T protection and XNET's Wi-Fi handoff are seamless, and most customers don't assume it's occurring, Richard Devaul, co-founder of XNET, advised me. He added that bootstrapping companies like XNET would have been troublesome with no token.
