[PRESS RELEASE – Vancouver, Canada, September 2nd, 2024]
On August 6th, Roam announced a 20 million $ROAM token airdrop for all users who owned miners and NFTs prior to the Token Generation Event (TGE). This airdrop initiative offers substantial incentives to early network supporters.
To qualify for this airdrop reward, users need to register their Roam miners according to the installation requirements before the TGE.
Roam Miner Overview
The Roam Rainier MAX60 router, Roam’s exclusive hardware product, integrates Wi-Fi 6 technology and Web3 features. It offers high performance and stability. Also supporting OpenRoaming, it improves Wi-Fi coverage and enables users seamless roaming. Rainier MAX 60 is a great choice for homes, offices, or high-traffic commercial spaces, it provides robust network service and potential for earnings through daily mining and future airdrops.
Roam Miner Analysis
Economic Model: Roam’s economy revolves around Roam Points, $ROAM tokens, and MetaBlox NFTs. Roam Points can be earned through network contributions through Roam app or miners. After the TGE, users can burn Roam Points to convert them into $ROAM tokens, enhancing token scarcity and value. $ROAM tokens are crucial for staking and community governance .
Burn Mechanism: Roam’s ecosystem includes a unique burn mechanism that increases the value and rarity of remaining tokens by burning a portion of them. After the TGE, Roam will have various burn pools, with the miner user pool receiving a higher weight than the app user’s . This results in greater returns for Roam Points earned by miners. For miner owners, the burn mechanism enhances the long-term value of their $ROAM tokens.
Efficient Mining Performance: Users who activate the Roam miner receive an immediate reward of 3,000 Roam Points. The device then generates over 60 Roam Points daily, with an additional 5 Roam Points earned from daily sign-ins. The daily reward limit is set at 150 Roam Points.
Dual Mining Support: Roam miners enable dual and multi-mining, allowing users to mine tokens from other decentralized projects such as D-VPN, CDN, and Cloud storage. Future updates will include additional projects, enhancing the ecosystem and offering more opportunities for miners.
Airdrop Rewards: Users of Roam miners can qualify for airdrop rewards from various partner projects. These rewards, which may include tokens, NFTs, and whitelist spots, are provided by Roam’s collaborators.
Link: https://shop.weroam.xyz/product/roam-rainier-max60/
About Roam:
Roam, a leading project in the DePIN sector, is set to participate in the Korea Blockchain Week (KBW) 2024, which will be held from September 1st to 7th. Roam’s co-founder, YZ, will deliver a keynote speech on September 5th about the topic of roam the world , connect the people. The speech will also shares Roam’s future strategic plans and elaborates Roam’s role and vision in the global WiFi roaming network.