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In this episode of Building in Public, Rich and Shaan from XNET discussed their progress as a decentralized neutral host mobile operator. They explored the XIP-10 proposal to reduce token supply and its benefits for the community. Rich highlighted XNET’s demand-side GTM, enabling millions to connect via existing carriers, with growth potential in the U.S. market. They covered MNOs vs. MVNOs, international expansion, and the Solana ecosystem’s supportive culture. Updates included funding milestones, Sphere Pay and Kamino integrations, and plans to onboard millions of users to Solana, showcasing XNET’s vision for decentralized mobile networks.

Timestamps:

00:00 - Introduction

00:41 - Discussion on XIP-10 and Token Burns

03:56 - Understanding XNET's Business Model

06:25 - Customer Segments: MNOs vs. MVNOs

10:09 - International Expansion and Roaming Opportunities

12:29 - Wi-Fi and Cellular Spectrum in Global Deployments

14:05 - Transition from Polygon to Solana

16:50 - Community Growth and Social Engagement

18:31 - Exciting Developments with XNET Foundation

20:49 - Meme Coins and Retail Engagement

22:31 - Scaling Supply Side through Brownfield Deployments

28:37 - Upcoming Features and Integrations

30:18 - Where to Find More Information on XNET

Disclaimer: The hosts and the firms they represent may hold stakes in the companies mentioned in this podcast. None of this is financial advice.