ioTube Bridged XNET (IoTeX)

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Description

XNET is an innovative blockchain-enabled mobile carrier addressing cellular network gaps with GSMA/3GPP compliance. By offering a neutral host service, XNET allows various operators to share its bandwidth. Launched in 2022, it focuses on deploying networks powered by the XNET token, which incentivizes coverage expansion and leverages revenue-driven buy-backs. The project has extended networks in key US locations and plans to finalize its first premier roaming agreement soon.

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FAQ

What is ioTube Bridged XNET (IoTeX) and what is its purpose?

ioTube Bridged XNET (IoTeX) is a blockchain-powered mobile carrier designed to overcome coverage gaps and capacity limitations faced by traditional telecom providers. It uses the XNET token to incentivize the deployment and mapping of cellular networks, providing a seamless, GSMA/3GPP compliant service that allows any mobile operator to utilize its bandwidth.

How does ioTube Bridged XNET (IoTeX) benefit mobile operators?

ioTube Bridged XNET offers a neutral host service that enables mobile operators to use its network to improve coverage and capacity without the need to build additional infrastructure. This is particularly beneficial in areas where traditional providers struggle, helping operators maintain service quality and expand reach efficiently.

What makes XNET unique compared to other blockchain-powered network carriers?

XNET stands out due to its team's extensive telecom industry expertise, ensuring successful network deployment and revenue generation where others have failed. Its unique model offers a neutral host platform that any mobile operator can use, masked by roaming agreements so end-users seamlessly transition onto the XNET network without realizing it.

How does the XNET token facilitate the use of ioTube Bridged XNET?

The XNET token plays a crucial role in bootstrap network deployment and incentivizes mapping efforts. Additionally, the XNET Foundation uses a portion of the revenue earned from mobile operators, based on data usage, to buy back and burn XNET tokens, maintaining token stability and value.

In what ways is ioTube Bridged XNET (IoTeX) relevant to the telecom industry?

By using blockchain technology, ioTube Bridged XNET provides an innovative solution to existing telecom constraints, such as coverage gaps. Its compliance with GSMA/3GPP standards and ability to serve as a neutral host make it a valuable resource for mobile operators seeking to enhance service delivery and expand network reach without significant infrastructure investment.

What is the roadmap for ioTube Bridged XNET looking ahead?

In the near term, ioTube Bridged XNET plans to announce its first premier roaming agreement. By year's end, they aim to establish their Foundation overseas and introduce production traffic on the network. These steps are part of a strategic effort to strengthen network capabilities, improve user experience, and expand their market presence internationally.

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