Uplink, a famous decentralized forum expanding internet connectivity, has announced an exclusive rollout on Avalanche. As per the announcement, Uplink is launching the earliest Avalanche-built decentralized physical infrastructure network (DePIN) L1, linking conventional enterprise connectivity with the community-led network models.
Uplink Launches Initial DePIN on Avalanche as an L1 to Expand Decentralized Connectivity
The launch of the 1st Avalanche DePIN by Uplink as an L1 project enhances network connectivity. Uplink, a pioneer decentralized internet ecosystem, has established a network of collaborative and connected devices. This network enables the intelligent and affordable function of digital systems from anywhere. With this worldwide decentralized connectivity ecosystem, users can become connectivity providers. They can leverage their already working Wi-Fi routers or deploy the latest ones to get instant rewards.
Uplink’s CEO Carlos Lei expressed enthusiasm for this strategic partnership. The executive mentioned that the platform intends to redefine the accessibility, usage, and sharing of connectivity. He added that the mutual endeavor paves the way for new massive innovations to enhance connectivity. The partnership reportedly pays significant attention to affordability, reliability, and accessibility in the worldwide connectivity market.
The recent launch of the Points dashboard beta project by Uplink proved a huge success. Within the first couple of weeks, the project saw 150,000 registered consumers and more than 40,000 onboarded users. This substantial growth highlights the mounting user interest in Uplink.
Moreover, Uplink has a wide network of services, infrastructure, and technologies to facilitate network and internet access. This ecosystem takes into account internet service providers, wireless technologies like 5G and Wi-Fi, decentralized networks, and other related services delivering rapid, accessible, and reliable connectivity.
The platform is developing and scaling a worldwide decentralized wireless network addressing the present challenges in the telecom market. It will reportedly provide a solution for network offloading, settlements, and billing, along with operational costs and capital expenditures.
The Endeavor Leverages Avalanche’s Transparency, Privacy, and Transfer Finality to Complement Uplink’s High Activity Volume
The L1 blockchain technology of Avalanche denotes a considerably scalable blockchain, offering near-instant transfer finality, transparency, and privacy to Uplink. It complements Uplink’s high activity volume while meeting the decentralized requirements of the community-driven connectivity ecosystems. While commenting on this development, Avalanche Fund’s CIO Lydia Chiu said that this endeavor builds on the platform’s work across markets including RWAs, DeFi, and gaming.
Source: https://blockchainreporter.net/uplink-rolls-out-the-earliest-depin-as-an-l1-on-avalanche/