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Home»Blockchain»Users get paid for using the phone as a storage node, courtesy of GenesysGo
Blockchain

Users get paid for using the phone as a storage node, courtesy of GenesysGo

2024-05-13No Comments2 Mins Read
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GenesysGo, a leading blockchain infrastructure service provider, has unveiled its latest innovation: Mobile shdwDrive for Solana Saga users. This feature allows Saga phone owners to turn their devices into decentralized storage nodes and earn passive income by utilizing latent storage capacity.

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With billions of dollars poured into DePIN this year and Helium leading the field on Solana, GenesysGo’s Mobile shdwDrive leverages the potential of over 150,000 Solana Saga phones (sold and Chapter 2 pre-orders), rewarding users with $SHDW tokens, which was recently listed on Coinbase.

As Saga aims to sell 100,000 units this year, the Mobile shdwDrive ecosystem is poised for organic growth, driven by user demand for token rewards and environmental benefits from repurposing old phones.

Frank Mathis, CEO of GenesysGo, elaborates on the broader mission and says:
“Mobile shdwDrive has the potential to transform everyday users into key actors in the data economy, empowering people through technology. How many old cell phones are currently in your desk drawer? Imagine the benefits of using these phones for decentralized storage, which also provides an environmental argument for reusing old phones.”

Frank Mathis, CEO of GenesysGo
Mobile shdwDrive marks GenesysGo’s expansion into the mobile world after the success of the desktop version. With over 27 million $SHDW in over 2700 wallets, the platform is poised for further growth.

With the launch of Solana Saga phones, GenesysGo is not only tapping into a new user base but also setting the stage for future expansion. “Mobile storage represents a seismic shift in the cloud storage landscape,” Mathis added.
“By decentralizing control and returning profits to users, we pave the way for global expansion beyond current market boundaries.”

See also  Hybrid Battery Energy Storage Systems Market to Reach $14.56 Billion by 2030, with a CAGR of 12.4% | Renewable integration and grid stability drive demand

Frank Mathis, CEO of GenesysGo
Stay tuned for updates on how to participate and earn with Mobile shdwDrive, which signals improved tokenomics for users. Visit the shdwDrive Blog for the latest developments in Mobile shdwDrive.

Source link

Courtesy GenesysGo Node Paid phone storage Users
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