The grand Asia Blockchain Summit 2024 (ABS 2024) was held from August 6 to August 8 at the Taipei Nangang Exhibition Center. The theme of this year’s summit is “Prospering in the Plural World of AI and Web3.” This event brings together global leaders and developers in the fields of blockchain and artificial intelligence to discuss the most cutting-edge technologies and the future of decentralized governance.
At this summit, Roam (formerly known as MetaBlox）, a key partner and global leader in DePIN ecosystem construction, presented its latest hardware products and project future plans. Roam aims to demonstrate its tremendous potential and unique advantages in the global WiFi roaming network to the attendees.Roam announced the launch of a new product line, Roam Growth, prior to its Token Generation Event (TGE). Specific product details will be revealed soon.
A Strong Advocate for OpenRoaming™ Solutions
Roam aims to establish a decentralized global WiFi roaming network. It is built by users and also serves users. Roam is helping people seamlessly connect to over 3.5 million OpenRoaming™ nodes and 440,000 self-built nodes, providing enterprise-grade secure WiFi roaming services.
Roam is the only Web3 project member in the OpenRoaming™ initiative. The team found that the Wireless Broadband Alliance (WBA) faced challenges in promoting the OpenRoaming™ initiative globally. By leveraging Web3’s inherent decentralized attributes, Roam can effectively address the pain points encountered during the deployment of this solution.
As an innovative technology standard launched by the WBA in 2019, OpenRoaming™ aims to simplify WiFi authentication processes, enabling users to seamlessly roam across multiple networks while ensuring data transmission security. Recognizing the significant impact of OpenRoaming™ on enhancing the public Wi-Fi experience.
Roam’s core technology also leverages Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs). Through DIDs and VCs, Roam provides users with a secure and reliable authentication system, ensuring data privacy and security when connecting to Wi-Fi networks. The application of DIDs and VCs not only protects user information but also brings more trust and security to the Roam ecosystem.
By promoting the construction of blockchain and decentralized DePIN ecosystems, Roam has lowered the barriers for SMEs and individual users to participate in OpenRoaming™ building. Additionally, through economic incentives, Roam has facilitated extensive network coverage. Roam has integrated Web3 incentive mechanism, traditional WiFi networks, OpenRoaming™ technology all together to support users to easily join the OpenRoaming™ network via Roam’s routing devices or mobile devices and enjoy the convenience of seamless roaming.
The Prosperous Development of the Roam Ecosystem
Thanks to technological and innovative advancements, Roam has quickly built a vast network of users and nodes through its innovative products, unique incentive schemes, and social growth strategies, driving the popularization of OpenRoaming™.
In just three years, the Roam app’s user base has surpassed 560,000, covering over 180 countries, with self-built nodes exceeding 440,000. According to DePINscan data, Roam ranks among the top three globally in the DePIN track for the number of nodes.
In June, Roam announced its launch on the Solana Mobile dApp store, featured on the Saga phone, known as the most Web3-focused phone globally. With the dApp store, the Roam app achieved faster load times and superior connectivity, significantly improved user experience and bridging the gap between Web3 and everyday technology.
Additionally, Roam, as a key project for introducing WiFi connectivity to all APhone cloud devices through AppNest, aims to provide seamless and reliable WiFi access using OpenRoaming™ technology, ensuring fast and secure connections between APhone devices. Roam has also expanded its application scenarios by partnering with Coral App, introducing OpenRoaming™ technology to Coral Phone, focusing on optimizing the WiFi roaming experience, creating new opportunities for connectivity and revenue.
Through these innovative initiatives, Roam is gradually building an open, fair, and efficient new global wireless network ecosystem, providing efficient and convenient network access for users worldwide.
Roam’s ecosystem is not limited to the construction of the OpenRoaming™ network; it also encompasses a token economic system, NFTs, and deep integration with other Web3 applications. Roam Points, $ROAM tokens, and Roam NFTs (formerly MetaBlox NFT) collectively form the economic foundation of Roam, offering users and network contributors a variety of participation methods and income sources, enabling the Roam ecosystem to drive network development from the bottom up.
Small and medium-sized enterprises, individual users, and others can join the OpenRoaming™ network at any time by purchasing Roam routers or adding WiFi spots on the Roam App.
Roam Hardware and Software Products
In terms of hardware devices, the main product currently on sale is Roam’s core hardware product—the Rainier MAX60 router, an essential component of its DePIN ecosystem.
The Rainier MAX60 router not only supports OpenRoaming™ but also features WiFi 6 performance, supporting data transmission rates of up to 9.6Gbps, nearly three times faster than WiFi 5, effectively reducing bandwidth congestion. It can meet the needs of connecting over 200 devices simultaneously within a 150-square-meter area, making it ideal for most households and small businesses. In terms of security, the Rainier MAX60 uses the latest WPA3 security protocol, providing multi-factor authentication and encryption protection to ensure the safety of user data, privacy, and funds.
The Roam App, as a core component of the Roam ecosystem, not only provides users with a simple and easy-to-use platform to easily join the Roam network and enjoy free WiFi services but also introduces a series of innovative Web3-native features, greatly enriching the user experience.
Through the “Check-In” feature, users can earn points by verifying the operational status of WiFi network nodes. Currently, the cumulative number of Check-Ins within the app has surpassed 11 million, demonstrating users’ activity and their enthusiasm for this feature.
The “Connect-to-convert” feature offers users a variety of incentive mechanisms and enables the Roam App to serve the accumulated traffic to other Web3 projects. These projects can precisely airdrop to target users based on their needs, achieving early ecosystem activation and growth. Active users are expected to receive token airdrop incentives from a range of Web3 projects, further promoting their contribution within the Roam ecosystem and potentially converting a large number of Web2 users into Web3 users.
The “Location-based-socialfi” feature leverages geographic location to help users expand their social graph and strengthen connections within the ecosystem. This introduction of socialization not only enhances the cohesion of the Roam community but also provides a solid foundation for further ecosystem expansion and exploration of commercial value.
Roam Economic Model
Roam’s economic system consists of three main assets: Roam Points, $ROAM, and Roam NFTs. Together, they drive the flourishing development of the Roam ecosystem in various ways.
Roam Points serve as one of the core assets of the current ecosystem. Users can obtain them through multiple methods, including network contributions, holding NFTs or community activities. These Roam Points circulate widely within the Roam ecosystem and can be used to purchase third-party application services, access network-generated data, and even post advertisements within the Roam network environment. Additionally, users can choose to convert Roam Points into the governance token $ROAM through staking and burning mechanisms after the TGE, further enhancing their value and utility.
$ROAM serves as the governance token of the Roam ecosystem. Holders can acquire these tokens through various means such as purchasing on exchanges, staking, burning, and airdrops. These tokens play a crucial role within the ecosystem, reflecting project value, and participating in community governance.
In summary, Roam’s economic model, through its designed three assets, provides users with diverse participation methods and incentive mechanisms, collectively driving the prosperity and development of the Roam ecosystem.
New Phase
Despite the current market fluctuations, Roam has not slowed its pace. Roam is committed to driving the decentralized development of the global WiFi roaming network with innovation, openness, and collaboration. The upcoming airdrop and subsequent TGE mark the entry into a new phase.
In the future, Roam will continue working on its economic model and incentive mechanisms while optimizing and enhancing its hardware devices and software applications. For instance, in terms of hardware, Roam plans to launch more models and specifications to meet the diverse needs of users. On the software side, Roam aims to introduce more Web3-native features and social elements to further enhance user experience and
Additionally, Roam will actively respond to market changes and user demands by adjusting its development strategy and layout direction to ensure it maintains a leading position in the fiercely competitive market and achieves sustainable development goals. For example, in response to the current high demand in the global WiFi market but low coverage of OpenRoaming nodes, Roam will increase investment to expand network coverage and user base to meet market demand and improve user experience. Addressing the rapid development of blockchain technology and the Web3 domain, yet limited application scenarios, Roam will actively explore and expand new application scenarios and cooperation models to drive technological innovation and upgrades.
In the coming days, Roam is expected to continue leading industry development, promoting technological innovation and market expansion, providing global users with more convenient, secure, and efficient WiFi roaming services, and becoming a significant driving force in the blockchain and Web3 sectors.
Roam Website: https://www.weroam.xyz/
Roam Miner: https://shop.weroam.xyz/product/roam-rainier-max60/
Twitter: https://x.com/weRoamxyz
Discord: https://discord.com/invite/roam
Telegram: https://t.me/MetaBlox
Medium: https://roamnetwork.medium.com/
Disclaimer: This press release may contain certain forward-looking statements. Forward-looking statements describe expectations, plans, outcomes, or strategies for the future (including product offerings, regulatory plans, and business plans) and are subject to change without prior notice. Please be advised that such statements are influenced by various uncertainties, which may result in future circumstances, events, or outcomes differing from those predicted in the forward-looking
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Website: https://weroam.xyz/