Exclusive: Wi-Fi DePIN XNET announces AT&T partnership
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XNET, a Solana-based mission constructing a decentralized community of Wi-Fi hotspots, has partnered with US telecom big AT&T. The collaboration will allow AT&T to dump cellular knowledge site visitors onto XNET’s community, the workforce informed Lightspeed completely.
XNET sells Wi-Fi hotspots that companies and public areas can deploy in alternate for XNET token rewards. Collectively, the patchwork of hotspots makes up a distributed wi-fi community. XNET companions with cell carriers to dump cellular knowledge onto its hotspots the place obtainable, easing community congestion and enhancing protection — whereas the cell carriers pay XNET for the information.
Below the settlement with AT&T, which has been stay since September 2024, AT&T wi-fi prospects connect with XNET’s Wi-Fi community the place obtainable. AT&T pays XNET in {dollars} for the information utilization, and XNET passes tokens alongside to its node operators.
In accordance with a Dune dashboard, XNET at present has 688 lively nodes, and round 9 million customers have linked via its Wi-Fi offloading community. The handoff between AT&T’s protection and XNET’s Wi-Fi is seamless, and most customers don’t know it’s taking place, XNET co-founder Richard DeVaul informed me. He added that bootstrapping a enterprise like XNET would have been tough with out a token.
