Roam: Disrupting the Telecom Sector with Decentralized WiFi Solutions
The telecommunications industry is undergoing a significant transformation as traditional operators grapple with financial pressures and outdated business models. Roam (ROAM) is emerging as a disruptive force in this sector by offering a decentralized global WiFi network that connects users to over 3 million access points worldwide. By leveraging blockchain technology, Roam provides a secure, password-free connectivity solution while rewarding users and hosts for their participation. Since its inception, Roam has grown to 1.8 million users, showcasing the market’s enthusiasm for its innovative approach to connectivity and economic opportunities.
Founded in late 2021 as MetaBlox, Roam quickly evolved into an industry leader, launching its first WiFi-Miner in 2022 and becoming the only official web3 partner of the Wireless Broadband Alliance. The Roam app, released in late 2022, enables users to connect to over 1 million free decentralized WiFi hotspots through OpenRoaming. Despite the challenges posed by the bear market in 2023, Roam has continued to innovate, implementing decentralized identifiers (DIDs) and verifiable credentials (VCs) for enhanced security. The rebranding to Roam and migration to the Solana mainnet in 2024 marked a significant milestone, as the network expanded to over 100,000 nodes and 50,000 app users, further solidifying its position in the market.
Roam’s vision is to establish a decentralized global WiFi network that transforms connectivity delivery and monetization. Key objectives include creating seamless access to web3 and the metaverse, enhancing data security, and fostering global community participation. The platform incentivizes contributions through Roam Points, which can be converted to tokens after the token generation event. With a comprehensive suite of products, including high-performance routers and a user-friendly app, Roam is positioned to redefine how users access and benefit from internet connectivity, ultimately challenging traditional telecom models and paving the way for a more decentralized future.
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