XNET Partners with AT&T to Enhance Wi-Fi Hotspot Network
XNET, a decentralized Wi-Fi network based on Solana, has partnered with AT&T to offload mobile data traffic onto its network. Key details include:
- XNET sells Wi-Fi hotspots for businesses and public areas, rewarding users with XNET tokens.
- The collaboration allows AT&T customers to connect to XNET's Wi-Fi, easing network congestion.
- AT&T compensates XNET for data usage, which is then distributed to node operators in token form.
- As of now, XNET operates 688 active nodes and serves approximately 9 million users.
- XNET emphasizes B2B services, focusing on high-value locations for hotspot deployment.
- XNET views Helium Mobile as a potential customer rather than a competitor.
XNET co-founder Richard DeVaul noted the importance of their token in financing operations without traditional funding methods.