Roam is a global decentralized WiFi Roaming network that provides seamless connectivity to over 3.5 million WiFi spots while rewarding users for contributing to network expansion. Roam’s innovative technologies, along with its significant achievements, make it a project that everyone should keep an eye on.
What is Roam?
Roam is one of the leading DePIN projects that aims to “Roam the World, Connect the People” and bring 628 million guest WiFi spots into one global roaming network. Designed to solve the fragmented issue of WiFi connectivity nowadays, Roam uses the latest technologies, such as OpenRoaming, Decentralized Identifiers (DIDs), and Verifiable Credentials (VCs) to offer continuous, password-free, and secured access for all users. Users can access the Roam network simply by downloading the Roam app, creating a DID, and installing OpenRoaming credentials on mobile devices.
Roam incentivizes users through its unique rewards system. They can earn Roam Points by completing various in-app activities, such as adding WiFi spots, Checking-Ins, and referring friends. These Roam Points can then be burned for $ROAM tokens after the TGE (Token Generation Event) in 2024. This system not only encourages user engagement but also contributes to the expansion of the Roam network.
Roam on Solana
As the Roam network continues to expand rapidly, in March 2024, Roam announced its migration to the Solana Mainnet. This integration marks a major advancement for the network, leveraging Solana’s strengths in transaction speed, cost-effectiveness, and scalability. The transition includes migrating all on-chain transactions like Check-In, DIDs, and VCs to the Solana blockchain. This promises to improve the efficiency of transactions within the Roam network, fostering a smoother digital experience for users.
Roam is developing a Proof-of-Location based protocol to enable seamless access to WiFi spots, allowing users to securely record authenticated location data at times of their choosing and reveal their personal information at their discretion. The migration not only benefits Roam but also contributes to the overall development and sustainability of the Solana Ecosystem, as Roam will also be sharing 3W data with other Solana dApps.
Growth and Expansion
Roam has experienced rapid growth in a short span, marked by a $5 million strategic investment round led by Anagram and Volt Capital, with additional support from Comma3, ECMC Group, Awesome People Ventures, DePIN Labs, F3C, IoTEX, JDI, Stratified, and ZC Capital. Following the successful fundraising in 2023, Roam announced an investment from Samsung Next. With the support from major organizations in both the Web2 and Web3 fields, Roam promises to grow faster and extend its impact on a broader scale.
Roam is currently providing services to over 350,000 app users in 140+ countries. With millions of WiFi access points and over 300,000 nodes added solely by the community, app users play a crucial part in the healthy growth of the Roam ecosystem. As Roam continues to expand its user base and enrich its offerings, it is going to empower a larger global user base with connectivity freedom.
Follow Roam today by downloading the app and joining the community
