Tuesday, 02 January 2024 12:17 GMT

Demand for decentralized internet on the rise, with Uplink welcoming over 3 million Wi-Fi routers worldwide


(MENAFNEditorial) With DePIN’s $50 billion market on the rise, Uplink is at the forefront of building the decentralized internet.

The world is now more connected than ever.

Around 63.9% of the world’s population, 5.24 billion people, use social media. And from 5.56 billion global internet users, nearly everything is now done online: from communication and news to services and payments.

Meanwhile, technology keeps moving: Web3, 5G, generative AI, and the rise of digital citizenship are reshaping how we live and work with constant efforts to build this future online.
We’re living in a new digital economy, where connection becomes not a utility service but an absolute necessity. That’s why it’s important for telecom companies, infrastructures, and providers to keep up with the growing demand and use modern technologies and updates, as well as ensure security, scalability, and efficiency of the connection to avoid interruptions.

And this is where Uplink and DePIN come in.

DePIN, or decentralized physical infrastructure networks, can offer necessary equipment, antennas, and hotspots connected to decentralized networks that not only provide the stability of the connection but also reward participants.

Decentralized physical infrastructure networks also ensure more efficient scalability, with no additional fees for telecom providers since network participants are the ones bearing the costs. What’s also important, it removes a potential single point of failure that traditional telecom infrastructure might experience, protecting against attacks and data breaches.

DePIN is arguably the hottest trend in the digital assets space and beyond. According to the World Economic Forum’s latest report, DePINs “provide milestones to more resilient, efficient, and democratic digital systems.” The report also highlights that the DePIN market is currently estimated to be worth $30-50 billion and is projected to grow to as much as $3.5 trillion by 2028.
Among the fastest-growing projects in this space is Uplink, a DePIN and DeWi (decentralized wireless) initiative that has already surpassed 3 million registered routers worldwide and grown its user base to 300,000 through the Uplink App.

Uplink is building a decentralized connectivity ecosystem where anyone can become a connectivity provider by using their existing Wi-Fi routers or deploying new ones. The project currently registers more than 25,000 new routers every day, underscoring its rapid adoption and global relevance.

What makes Uplink stand out is the speed and scale of its deployment. While many similar initiatives have taken years to build momentum, Uplink is already entering the next phase of global expansion, working with major enterprises and demonstrating how decentralized infrastructure delivers real-world impact.

At its core, Uplink’s mission is simple: to expand internet access everywhere, to everyone.
“We are committed to redefining internet access by enabling anyone — individuals, businesses, enterprises, and communities — to contribute to and benefit from a decentralized connectivity network. Uplink is building an open, scalable, and secure network designed for mass adoption, and our ecosystem allows anyone to participate — whether as a provider, consumer, verifier, or network contributor.

We’re celebrating the milestone of welcoming over 3 million registered routers in our app, all gaining access to a decentralized internet. It’s a clear signal of growing demand for ownership and the democratization of connectivity,” said Carlos Lei, CEO of Uplink.
But there’s more.

Uplink has also recently partnered with Avalanche (AVAX), a leading blockchain platform, to build its custom testnet on the Avalanche Layer 1 blockchain. This partnership allows Uplink to build a fully customizable blockchain, including features like virtual machines (VMs), gas tokens, and parameter selection.

It also helps the decentralized wireless infrastructure platform to continue working on its mission and enhance the process of deploying routers, connecting them to the network, and earning the rewards, all to build a distributed connectivity layer that isn’t reliant on a single provider.
In June, the Uplink community debuted its first Uplink Community NFT, step one in its six-part series celebrating and rewarding the most dedicated contributors.

Through its app, Uplink allows users to deploy routers, connect them to the network, and earn rewards — helping build a distributed connectivity layer that isn’t reliant on a single provider. Currently, Uplink is focusing on launching its testnet and bridging real enterprise demand to continue innovating and onboarding more people to a decentralized, resilient, and community-powered internet.

DePIN and DeWi are the real future of the internet. And Uplink is at the forefront of it.

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