Meson Network is currently building “DePIN” (Decentralized Physical Infrastructure Networks), a project that has garnered substantial support from a robust community of 340,000 miners. Thanks to their contributions, Meson’s decentralized network has expanded to include more than 100,000 active nodes across 150 countries, achieving a bandwidth capacity of approximately 20Tb/s, equivalent to one-tenth of Akamai’s capacity.
The Meson Network “DePIN” node is developed with user-friendly technology, accommodating various hardware such as personal laptops, servers, IoT devices, and more. Leveraging the idle bandwidth from these network nodes, Meson has established an economic cycle that connects idle resources with business demand.
Meson Network’s remarkable 20Tb/s bandwidth capacity and a network exceeding 100,000 nodes lay the groundwork for an innovative decentralized foundation across diverse industries, including big data, AI, CDN, social media, ad tech, e-commerce, finance, and more. Not only has Meson gained traction from well-known applications like Filecoin, Arweave, Greenfield, Phantom, and other crypto initiatives, but it is also experiencing rapid growth in business demand.
How does Meson work
Pioneering Web3’s Decentralized Landscape in Data Transmission and Bandwidth Utilization
Since its inception, Meson Network has consistently maintained its status as the largest decentralized bandwidth trading marketplace, boasting the industry’s highest user volume andnode resource count. Initially focused on decentralized storage, it has gradually broadened its services to include social, blockchain, and AI data collection domains.
The core offerings of the products currently include the following:
Gateway X - Solving a fundamental problem currently limiting IPFS, Filecoin, Arweave, and Greenfield use cases. By allowing users to deploy their own IPFS gateways, users can use their own storage facilities for uploading, storing, and sharing files with much higher efficiency and lower cost.
Gaganode - Enabling privacy-preserving and anti-censorship experience by accessing a massive pool of bandwidth and IPs from idle smart devices with innovative economic incentives designed for the network contributors.
IPCola - Powered by Gaganode, IPCola is a customizable big data solution. IPCola’s are currently being largely used by people from different industries including AI, social media, adTech, e-commerce, etc.
Reliable Business Model
Emphasizing scalability, efficiency, and pioneering technologies, Meson is making significant strides in the dynamic landscape of decentralized bandwidth and big data solutions. MesonNetwork has achieved a solid foundation with over 100,000 globally distributed nodes.
Meson price and tokenomics
MSN, the designated token ticker for the Meson Network, boasts an initial supply of 100,000,000 tokens. Serving as the network’s primary utility and governance token, MSN is imbued with four key utilities:
1. MSN tokens empower users to access bandwidth and big-data services previously exclusive to major corporations such as Google and Akamai.
- The bandwidth service accelerates internet content delivery, encompassing webpages, videos, streaming content, files, and more.
- The big-data service emerges as a pivotal success factor across diverse industries, including online advertising, social media, marketing, finance, and beyond.
2. MSN tokens are granted as rewards to miners who contribute server resources to the Meson network.
3. MSN tokens, when staked by miners, lead to increased efficiency in mining operations.
4. MSN tokens are used by network participants for engaging in governance processes, such as voting in elections and making decisions on on-chain proposals.
The fundamental token flow within the Meson Network mirrors that of Ethereum’s model. Tokens utilized for system operations are divided into two pathways: a portion is distributed as a reward to miners as reward, while another portion is systematically burned, contributing to the overall health and balance of the network.
The initial token inflation is 5% in the first year, decreases to 4.5% in the second year, and further reduces to 4% in the third year. The inflation rate progressively declines by 0.5% annually, reaching 0% inflation after 10 years. Each year, all newly inflated tokens will be distributed among miners.
About the founder
Meson Network was co-founded by Leo and Sherlock in 2020. Leo had built an advertisement platform handling over 100 million click requests daily. He later sold this company to Mobvista, a company publicly listed on HKEX. Sherlock had founded two crypto startups before. He previously designed and operated a PoW mining pool, which showcased remarkable performance during the DeFi Summer.
