Revolutionizing Telecom: Minutes Network's Strategic Expansion
In an ambitious move that promises to redefine the telecommunications landscape, the Minutes Network has recently unveiled its cutting-edge Mintech Rapid Growth Library (MRGL), a groundbreaking development set to propel the network to unprecedented growth. As the world's inaugural blockchain-based wholesale, DePIN voice carrier, Minutes Network is pioneering a near-zero termination cost model, offering a fresh perspective on telecommunications efficiency and affordability.
At the heart of this innovation is the MRGL, ingeniously integrated within the Minutes Network Software Development Kit (SDK). This strategic incorporation not only allows the seamless absorption of unique user bases from third-party mobile applications but also the potential to onboard millions of users effortlessly. According to Josh Watkins, CEO of Minutes Network, this technology positions the network to potentially outstrip current giants in the telecommunication sector, including China Mobile, in terms of user base size.
The MRGL is especially beneficial for applications with vast global user bases, providing them with a new avenue for monetization. Watkins further elaborated on the network's inaugural scale implementation, which is expected to integrate over 1.2 billion users into the Minutes Network over the coming years, thereby overshadowing the subscriber count of the largest existing networks.
This innovative approach departs from the conventional B2C marketing strategies, typically associated with high costs, by adopting a B2B model that leverages revenue sharing with mobile applications. This model not only maximizes the network's low-cost termination but also offers a cost-efficient method for network expansion through access to extensive user bases without the need for direct payment for traffic.
The Minutes Network, in partnership with Minutes Network Token (MNT), is spearheading a new DePIN initiative that integrates a sharing economy into the voice industry's minutes commodity market. This initiative promises to utilize net revenues for the repurchase of MNTs from the open market, which are then redistributed as rewards to network participants.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
