A note from Daniel

Attempts to displace incoming telecom companies like AT&T and Verizon, with community owned alternatives have failed: Roofnet, Fon, and NYC Mesh all took a crack at the challenge, and they all learned how hard it can be to install a sufficient number of access points for broad network coverage. Most projects stalled at the bootstrap phase. That is, until one. An experimental blockchain project, Helium, got further than anyone else. The network encouraged people to install and run access points in exchange for token rewards, enabling it to reach nationwide coverage in a few years— proof of token incentives’ potential.

Daniel Read Write Own, page 134 · March 8, 2024 Save to shelf
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