Karrier One$KONE

What is this network?

Karrier One is a global carrier-grade mobile network that operates in conjunction with a blockchain. This network is designed to reshape the telecommunications sector by providing a decentralized telecom network that contributes to a versatile landscape of connectivity. The network is managed by a Decentralized Autonomous Organization (DAO), which plays a key role in decision-making processes such as changes in network topology and protocol enhancements. The Karrier One blockchain is compliant with telecom regulations and compatible with the Ethereum Virtual Machine (EVM), allowing other DeWi initiatives to access and leverage Karrier One's telecom equipment and infrastructure via smart contracts.

How can I mine tokens?

To mine tokens on the Karrier One network, you would need to become a Gatekeeper Node operator. Gatekeepers are paid in KONE tokens for securing and building the network. The more the gatekeeper’s hotspot is used, the more tokens they receive. When registering to a network, gatekeepers are also provided with a Karrier One digital wallet through the Karrier One Dashboard, where they will be able to monitor usage, billing, and all aspects of the network.

Any geographical restrictions?

While the search results do not provide specific information on geographical restrictions for the Karrier One network, it is mentioned that the company plans to expand its services in the U.S., Kenya, and other countries, particularly in underserved areas where the impact of what they are building is highest. However, it's important to note that currently, Karrier One only has access to Band53 licensed spectrum, hence, just iPhone 14 users, whose phones have the built-in feature to switch to Band53, can receive connectivity.

How can I optimize my mining rewards?

To optimize mining rewards, a miner must choose its network connections carefully, ensuring existence of paths to other miners that are on average of a lower latency compared to paths between other miners. In the context of Karrier One, the more a gatekeeper’s hotspot is used, the more tokens they receive. Therefore, optimizing the location and usage of your hotspot could potentially increase your mining rewards.

How can I use the network?

Users can register for a plan on the Karrier One website, which they can activate through the use of an e-SIM or a physical Karrier One SIM card. Users with a Karrier One plan will connect to a gatekeeper when within its area. If a consumer has a Karrier One plan but is not within range of a gatekeeper, they will connect to a roaming partner’s network so that they never lose service.

Who governs this network?

The Karrier One network is governed by the KONE DAO, a Decentralized Autonomous Organization. The KONE DAO acts as the essential logic storage for the Karrier One system, functioning like the system's central nervous system that ties all diverse types of nodes together. This decentralized system is charged with initiating protocol-level upgrades to consistently improve the Karrier One Chain. It achieves this through a model of liquid democracy where KONE ticket holders cast votes on proposals that guide the development of the Karrier One Chain.

Funding

Karrier One announced the closing of its first round of financing in April 2023. The company plans to deploy infrastructure immediately with key business partners and underserved areas across Canada, including Indigenous communities. As they continue to expand in Canada, they will roll out service in the U.S., Kenya, and other countries.