A Decentralized Web
The last three years have been incredible. We’ve helped Helium become the fastest growing IoT network globally, deploying more gateways with our CoolSpot devices than any other community. In turn, we’ve provided passive income to an army of #Emritans for hosting CoolSpots, paying nothing for the hardware. We want to thank all our hosts, large and small, for their support!
Demand for CoolSpots has been so strong we have a large backlog of orders. While we’re manufacturing and shipping devices every month, the global supply chain shortage persists. We want to be transparent with those patiently waiting; it will take months to clear our backlog. Fortunately, we have a lot of CoolSpots on the way. Your enthusiasm to join the Emrit community is the fuel that will enable us to provide passive income to our community for a long time to come!
As we look forward, we’re excited to enter the next phase of our growth strategy. We’ve seen our pioneering earning-share business model of providing low cost hardware in exchange for hosting CoolSpots, successful worldwide! We believe this model can drive mass adoption of blockchain technology, building the infrastructure required to bring a secure, decentralized web to reality. Think about it? A global network of hardware hosts, ready to deploy blockchain applications at the edge of the network. Now that’s powerful! Helium’s IoT network is just the beginning. As we begin executing the next phase of our strategy, we’ll partner with leading utility-based blockchains, giving them access to our global network of CoolSpot hosts, offering completely decentralized turnkey distribution. We believe our strategy will attract the blockchain communities that become the foundation of the decentralized web, richly rewarding loyal #Emritans.
NEW Emrit.io Website
Environmental Monitoring, 5G, and Beyond
Up next, Emrit is partnering with PlanetWatch, who are building a greatly needed blockchain with global air quality data, protecting our environment and health in this era of accelerating global warming. We’re already deploying sensors in Europe and will expand to the U.S. soon. We’re also working with Helium on their next project and will soon start helping build out their 5G wireless network in the U.S. using the CBRS spectrum band. With new blockchain partners, come new opportunities for #Emritians to earn. And we have an exciting pipeline and look forward to sharing updates in the future!
New Team, New Releases
As our community knows, we strive to be radically transparent and acknowledge we’ve experienced growing pains that our hosts have felt. Some hosts have seen delays in payments, and we apologize. As we all know, cryptocurrency transactions are irreversible, and we’re working hard to have the controls in place to ensure hosts and affiliate payments are accurate and timely. Our top priority is accuracy, and our sincerest apologies this has caused delays. We expect the releases we are announcing today will go a long way to make these issues a thing of the past.
So, to better manage Emrit’s explosive growth, we’ve been augmenting our team with new talent in technology, product, partnerships, marketing, and finance, including our new CEO Jiten Varu.
“We’re focused on executing our vision, and that includes enhancing our operational capabilities so we can provide the best experience possible for all Emritans.” -Jiten Varu, CEO, Emrit
Our enhanced team has been working hard and is excited to announce some exciting releases today:
- The new emrit.io with our new brand platform Sharing The Wealth
- Improved CoolSpot earnings dashboard
- Emrit mobile app coming soon
From all of us at Emrit, we’re excited to be on this journey with our community of hosts. We look forward to a decentralized future where we are Sharing The Wealth, helping Emrit hosts earn passive income, invest in cryptocurrency, generate incremental revenue, or lower capex for their business.
Find us on Twitter @emrito