[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Uncle Bob Crypto [@unclebobcrypto](/creator/twitter/unclebobcrypto) on x 56.4K followers Created: 2024-09-12 20:19:43 UTC $INFI | @infinet_io | #Infinet is a next-gen decentralized network designed to power IoT devices and 5G services.. (..a new launch so treading carefully, on the surface looks interesting..) Intro: $INFI combines Ethereum Layer X for security and zk-Rollups Layer X for scalability, offering a privacy-first and community-driven platform for global connectivity. Infinet’s OMNI devices allow for plug-and-play deployment, making decentralised network coverage accessible to anyone, anywhere. Key Features: X. Scalable with zk-Rollups: High throughput and low transaction costs make it efficient to handle millions of IoT and 5G interactions. X. Multi-Protocol Support: Infinet OMNI devices enable top end IoT and 5G connectivity, bridging diverse use cases like smart cities and industrial automation. X. Decentralized Coverage: OMNI devices act as central nodes, rewarding operators through Proof-of-Coverage. X. Privacy-First: zk-SNARKs ensure secure, private data transmission without compromising network verification. X. Eco-Friendly: Rewards for energy-efficient devices promote sustainable growth, incentivizing green technology. Why INFI? Infinet purports to address the limitations of existing networks (high costs, privacy issues, centralized control). By leveraging zk-Rollups, it says it can achieve high scalability, low costs, and privacy, allowing IoT and 5G solutions to thrive. Token Model: Infinet operates with a three-token system: X. $INFI: Governance token – vote on proposals, staking rewards, and network upgrades. X. $NET: Utility token – used for transactions, Proof-of-Coverage rewards, and payments within the network. X. #CONNECT: 5G-specific token – powers 5G-related applications and rewards mobile network operators. Final Take: Infinet says it is building the backbone for the next wave of global connectivity. It combines decentralisation, scalability, and privacy for IoT and 5G networks. It's new, so time will tell if it becomes a game-changer in decentralised telecom and IoT infrastructure. Aped a small bag at 3m mc, staking app in play soon so I'll wait to see how that performs before I commit more.. The competition is $HNT @ 1.5b mc....Hopefully see a good ROI from these levels. DYOR here ⤵️ Linktree:  XXXXX engagements  **Related Topics** [scalability](/topic/scalability) [coins layer 2](/topic/coins-layer-2) [5g](/topic/5g) [decentralized](/topic/decentralized) [bob](/topic/bob) [$infi](/topic/$infi) [coins depin](/topic/coins-depin) [ethereum](/topic/ethereum) [Post Link](https://x.com/unclebobcrypto/status/1834326043643314306)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Uncle Bob Crypto @unclebobcrypto on x 56.4K followers
Created: 2024-09-12 20:19:43 UTC
$INFI | @infinet_io | #Infinet is a next-gen decentralized network designed to power IoT devices and 5G services..
(..a new launch so treading carefully, on the surface looks interesting..)
Intro: $INFI combines Ethereum Layer X for security and zk-Rollups Layer X for scalability, offering a privacy-first and community-driven platform for global connectivity.
Infinet’s OMNI devices allow for plug-and-play deployment, making decentralised network coverage accessible to anyone, anywhere.
Key Features:
X. Scalable with zk-Rollups: High throughput and low transaction costs make it efficient to handle millions of IoT and 5G interactions.
X. Multi-Protocol Support: Infinet OMNI devices enable top end IoT and 5G connectivity, bridging diverse use cases like smart cities and industrial automation.
X. Decentralized Coverage: OMNI devices act as central nodes, rewarding operators through Proof-of-Coverage.
X. Privacy-First: zk-SNARKs ensure secure, private data transmission without compromising network verification.
X. Eco-Friendly: Rewards for energy-efficient devices promote sustainable growth, incentivizing green technology.
Why INFI?
Infinet purports to address the limitations of existing networks (high costs, privacy issues, centralized control). By leveraging zk-Rollups, it says it can achieve high scalability, low costs, and privacy, allowing IoT and 5G solutions to thrive.
Token Model:
Infinet operates with a three-token system: X. $INFI: Governance token – vote on proposals, staking rewards, and network upgrades. X. $NET: Utility token – used for transactions, Proof-of-Coverage rewards, and payments within the network. X. #CONNECT: 5G-specific token – powers 5G-related applications and rewards mobile network operators.
Final Take: Infinet says it is building the backbone for the next wave of global connectivity. It combines decentralisation, scalability, and privacy for IoT and 5G networks. It's new, so time will tell if it becomes a game-changer in decentralised telecom and IoT infrastructure. Aped a small bag at 3m mc, staking app in play soon so I'll wait to see how that performs before I commit more.. The competition is $HNT @ 1.5b mc....Hopefully see a good ROI from these levels.
DYOR here ⤵️
Linktree:
XXXXX engagements
Related Topics scalability coins layer 2 5g decentralized bob $infi coins depin ethereum
/post/tweet::1834326043643314306