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Cryptocurrency News Articles
Minutes Network's Ambitious Growth Strategy: Reshaping the Telecom Industry
Mar 23, 2024 at 03:03 pm
Minutes Network, a blockchain-based wholesale voice carrier, unveils its Mintech Rapid Growth Library (MRGL), a proprietary technology that allows the network to exponentially grow its user base by seamlessly integrating with third-party mobile applications. This innovative solution has the potential to make Minutes Network the world's largest telecommunication voice-network by userbase, unlocking new monetization opportunities for global-scale applications with billions of users.
Minutes Network's Ambitious Plans: How Will They Reshape the Telecom Industry?
Can Minutes Network Become the Global Voice Giant?
Minutes Network, the blockchain-based telecom upstart, has unveiled its Mintech Rapid Growth Library (MRGL), a revolutionary technology that promises to propel its user base to unprecedented heights. By integrating the MRGL into third-party apps, Minutes Network can seamlessly onboard millions of users, potentially eclipsing even the largest mobile networks in the world.
How Does the MRGL Work?
The MRGL resides within the Minutes Network SDK. When integrated into a third-party app, it absorbs the app's user base, giving Minutes Network access to a vast pool of potential customers. This ability to onboard users with unparalleled speed and efficiency has the potential to transform Minutes Network into the world's largest telecommunications voice network.
Who's On Board?
Minutes Network has already secured its first large-scale implementation, which will bring over 1.2 billion users to the network over the next few years. This partnership is a testament to the MRGL's transformative potential and positions Minutes Network as a major player in the global telecom landscape.
Open to All Sizes
While scale apps offer massive reach, Minutes Network is also open to working with smaller apps. The company's revenue-sharing model allows any app with 50,000 or more unique users to participate in the Minutes Network ecosystem.
Disrupting Traditional Models
Minutes Network's innovative approach challenges traditional telecom business models. Instead of relying on expensive B2C marketing campaigns, the MRGL creates a new pay-to-play B2B model that allows Minutes Network to leverage the user base of mobile apps without incurring the typical costs associated with building scale.
Reimagining the Wholesale Voice Market
By combining its unique zero-cost termination model with the MRGL, Minutes Network aims to revolutionize the $251 billion wholesale voice terminations market. This disruptive approach has the potential to reshape the industry landscape and redefine the way telecom services are delivered.
DePIN Initiative: A Sharing Economy for Voice Minutes
Minutes Network has partnered with Minutes Network Token (MNT) to create a DePIN (decentralized peer-to-peer network) initiative that introduces a sharing economy to the voice minutes commodity market. All of Minutes Network's net revenues are used to buy back MNTs from the open market, which are then distributed as rewards to network participants.
Conclusion
Minutes Network's ambitious plans have the potential to disrupt the global telecom industry. With its groundbreaking MRGL technology, revenue-sharing model, and DePIN initiative, Minutes Network is poised to redefine the way voice communications are delivered, providing new opportunities for app developers and users alike. As the company continues to grow, it will be fascinating to see how its innovative approach reshapes the telecom landscape.
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