Minutes Network, a pioneering blockchain-based wholesale voice carrier, introduced its groundbreaking technology, the Mintech Rapid Growth Library (MRGL), showcasing its potential to rapidly expand its user base with unparalleled speed while maintaining close to zero termination costs.
Transforming Telecommunications with MRGL
CEO Josh Watkins elaborated on the significance of MRGL within the Minutes Network ecosystem. Integrated into third-party mobile applications via the Minutes Network SDK, MRGL seamlessly assimilates the application's unique user base. This integration capability positions Minutes Network to potentially become the world's largest telecommunication voice network by user base, with the capacity to onboard millions effortlessly.
Global-Scale Applications and Monetization
The MRGL's integration empowers global-scale applications with billions of users, offering instant access to a novel monetization method. Watkins emphasized the potential scale of this innovation, revealing an agreement to bring over 1.2 billion users to Minutes Network in the next few years. This ambitious endeavor positions Minutes Network to rival even the largest networks by user base, such as China Mobile.
Inclusive Opportunity for Applications of All Sizes
While scale applications promise extensive coverage, Watkins stressed that Minutes Network welcomes collaborations with applications of all sizes. The revenue-sharing opportunity extends to any application capable of bringing at least 50,000 unique users to Minutes Network, ensuring inclusivity across various platforms.
Disrupting Traditional Telco Scale Models
Unlike traditional telcos reliant on expensive business-to-consumer (B2C) marketing approaches to build scale, Minutes Network's MRGL introduces a high-precision, pay-to-play, business-to-business (B2B) model. By revenue-sharing with mobile applications, Minutes Network leverages its low-cost termination model, accessing vast user bases while paying only for terminated traffic.
Reimagining the Telecommunications Market
With its unique zero-cost/high-margin termination model and the MRGL's integration capabilities, Minutes Network aims to revolutionize the $251 billion wholesale voice terminations market. Partnered with Minutes Network Token (MNT), the initiative creates a new DePIN economy based on the voice industry minutes commodity market. All net revenues generated by Minutes Network are used to buy back MNT from the open market for redistribution as rewards to network participants.
About Minutes Network
Operating in the $251 billion paid-for voice calling market, Minutes Network employs proprietary, next-generation technologies to deliver the lowest-cost termination charges. Minutes Network Token (MNT) utilizes blockchain technology to decentralize the global-scale, multi-billion-dollar telecommunications commodity minutes market, tokenizing bandwidth and distributing value to network participants.
