PKT Pal, a networking start-up, is now accepting orders for its popular product, Mini, a Wi-Fi hardware configuration that rewards customers with a coin called PKT for sharing an Internet connection.
The machine will initially be shipped to customers in April, following the $5 million equity financing led by Acuitas Group Holdings in August, according to a press release.
Customers will be able to mine and earn PKT every minute from Mini to big data, a branch of BTC that will be launched in 2019. Customers can also earn PKT by sharing Wi-Fi with others.
Mini retails for $499, and it also has a higher and more expensive buddy product, the Cube, which PKT Pal launched at the end of 2021 at $2500 each.
PKT Pal's business model is similar to that of Nova Labs, the company behind helium blockchain technology, which is a telecommunications network encouraged by HNT dynamic passwords. Josh Berger shows that PKT Pal focuses on infrastructure for day-to-day applications of high-speed networks rather than low-speed networks of Internet of things (IoT) machines, which makes it unusual.
"there is not a big sales market for Internet of things technology at the moment," Josh Berger, founder of PKT Pal, told WJB. So when we built the PKT network, it was very focused on a fast network where people could watch Netflix on the wall.
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Tue, 18 Apr 2023