Rapid DePIN scaling and the path to exponential Minutes Network growth

Rapid DePIN scaling and the path to exponential Minutes Network growth - Corporate Press Release - News

London, United Kingdom, March 22nd, 2024

Minutes Network, a revolutionary new blockchain-based wholesale, DePIN voice carrier, unveiled more details about its innovative technology today. The company showcased its proprietary Mintech Rapid Growth Library (MRGL) and its potential to exponentially grow the Minutes Network user base with unprecedented speed.

The MRGL: A Game Changer for Minutes Network

CEO Josh Watkins explained, “The MRGL is housed in the Minutes Network Software Development Kit (SDK), and when this is integrated into a third-party mobile application, Minutes Network absorbs the application’s unique userbase. With the capacity to seamlessly onboard millions of users at the press of a button, Minutes Network is poised to become the world’s largest telecommunication voice-network in terms of userbase.”

Ideal for Global-Scale Applications

The MRGL makes Minutes Network an attractive proposition for global-scale applications with billions of users, providing them with instant access to a new monetization method.

First Scale Implementation Agreed: 1.2 Billion Users in the Next Couple of Years

“We have our first scale implementation agreed, and this will bring over 1.2 billion users to Minutes Network over the next couple of years,” Watkins shared. “For perspective, the largest network by userbase today is China Mobile, and they have 850 million subscribers.”

Open to Smaller Applications as Well

“Our revenue share opportunity is available to any application that can bring Minutes Network 50,000 unique users or more,” Watkins added. “Usually, when networks seek to build scale, they rely on expensive B2C marketing approaches. The MRGL sidesteps this, creating a new high-precision, pay-to-play, B2B model.”

Leveraging the MRGL: A New Business Model for Minutes Network

“By revenue sharing with mobile applications, we further leverage our lowest cost termination model,” Watkins explained. “In comparison with the traditional way telcos build scale, we gain access to a massive user base while only paying for the traffic we terminate over any application.”

Reimagining and Reconfiguring the $251 Billion Wholesale Voice Terminations Market

With the combined advantages of a unique, proprietary zero-cost/high-margin termination model and the MRGL, Minutes Network is set to redefine the $251 billion wholesale voice terminations market.

The Minutes Network Token (MNT) and the Sharing Economy

Minutes Network is partnered with the Minutes Network Token (MNT), creating a new DePIN initiative encompassing a sharing economy based on the voice industry minutes commodity market. All Minutes Network net-revenues are used to buy back MNTs from the open market and redistributed as rewards to network participants.

About Minutes Network

Minutes Network operates in the $251 billion paid-for voice calling market, offering the lowest-cost termination charges through its proprietary, next-generation technologies. Minutes Network Token (MNT) uses blockchain technologies to decentralize the global scale, multi-billion dollar, telecommunications commodity minutes market. MNT tokenizes bandwidth and distributes value to Minutes Network participants.

For more information, users can visit minutesnetwork.io or join the MNT community on Telegram >