Nitro Network Bulletin #8
Nitro Network is working around the clock to accomplish its goals for the crypto community, and its team has updates to get fans excited about its coming innovations. Nitro Network ensures its community gets the full scope of all the latest news about its progress by sharing these helpful bulletins.
This issue highlights a Cointelegraph interview with Nitro Network CEO Anoop Vootkuri, an overview of LoRa and LoRaWAN technologies, new promotions with Cointelegraph and a jaw-dropping website revamp. Let’s jump right in.
From the CEO’s desk: Nitro Network’s vision
No matter the climate of the crypto market, CEO Anoop Vootkuri’s solid vision sets his team at ease, embracing the ethos of Nitro Network with the phrase “connect the unconnected.” His interview with Cointelegraph gave an incredible glimpse into this goal.
As Nitro Network looks to develop the endless potential of telecommunications, Internet of Things (IoT) and interoperability, Vootkuri sees these possibilities and draws from a vast well of inspiration. He knows how important the practical execution of the company’s projects is to accomplish these ambitions for the community.
Nitro Network’s star-studded team of software engineers and business developers is also aware of its place in the future of technology and Vootkuri has complete faith in the strength of his team. Alongside partnerships with companies such as Avalanche, Cointelegraph, NFTrade and Pangolin, Vootkuri stays assured that Nitro Network will successfully expand to scale.
His end goal is for Nitro Network to become the largest decentralized private communications network (PCN) — enabling financial inclusion without borders or obstacles. With the pioneering technology of Nitro Network’s innovative Non-Fungible Miners (NFMs) and the continuous participation of its growing community, Nitro Network relishes the exploration of the uncharted technology of Web3. As Vootkuri lightheartedly remarked, “If you’re not creating value for others, you’re not creating anything.”
An overview of LoRa and LoRaWAN technology
Nitro Network’s expansive, inclusive and innovative vision is in sight and much of this has to do with the strength of available technologies. In a recent article, Nitro Network outlined LoRa and LoRaWAN technologies in a digestible manner — a great approach to get the community involved and educated!
Normally, network devices consume massive amounts of energy to operate; however, innovative LoRa (long-range) networks efficiently transmit information from sensor to sensor using only small amounts of power. These sensors can detect things like motion, temperature and sound, informing users immediately if a machine stops working or if there is too much humidity in a room.
This incredible utility that uses very little power has opened doors in fields such as:
- Smart City development
- Medicine
- Drones
- Logistics
- Virtual reality
IoT has become real with LoRa, as objects connect to the internet via sensors in a vast network. This degree of automation will reduce costs and streamline processes.
LoRaWAN (long-range, wide-area network) is the cloud-based software that decides how to utilize the hardware of LoRa by judging how LoRa frequencies, power and data are used, and how they can be optimized. LoRaWAN enables networks to branch out from a single gateway to millions of devices, secure the network through identification and encryption, and make sure the network activates and rests optimally. It would be inefficient for a network to run 24/7, so LoRaWAN ensures that devices like a smart street lamp will turn off or on at the right time.
In a smart building, there are a multitude of functions that need to be regulated like detection of occupancy, motion, energy use and harmful substances. All of these are wonderfully optimized with LoRaWAN, allowing fields like medicine, logistics and virtual reality to function seamlessly.
Chip spread spectrum (CSS) technology in LoRa is what enables the transmission of information in LoRa and LoRaWAN. These chirp pulses are simple to implement, transfer data over a wide area without suffering interferences, and use very little power, which allows the network to synchronize with ease.
With LoRa, LoRaWAN and CSS, Nitro Network’s Outcome as a Service (OAAS) system functions well, giving users easy instructions on how to use and power the network. The Nitro Network team looks forward to spreading its community-minded vision throughout multiple industries.
Promoting Nitro Network on Cointelegraph
As always, Nitro Network is doing everything possible to share its vision to the world. In addition to Medium articles, an engaging Discord server and an active Twitter account, Nitro Network also promotes itself on Cointelegraph.
Cointelegraph is a digital media behemoth when it comes to covering blockchain technology and crypto assets, attracting over 5 million unique visitors every month. Nitro Network decided to use banner ads on the Cointelegraph website to share its vision and provide important information to the general blockchain community.
Nitro Network’s partnership with Cointelegraph has been beneficial for the network as more people become acquainted with its goals and participate in its development.
Website revamp
As mentioned previously, Nitro Network is always looking for ways to improve and revamping the website is a very important piece of this puzzle. As people increasingly look to Nitro Network as a leader in decentralized telecommunications, the company is continuously evaluating every detail of how it presents itself.
That said, the homepage is even more pleasing to the eye as the stunning designs of the Nitro Bot NFMs are front and center. Scroll down and one will get a comprehensive look at the ingenious visual designs of the NFMs, as well as information for the Genesis Node, NFM Bundles (coming soon), Nesting and Super Nesting.
At the top of the site, it is now simple to join Discord, connect one’s crypto wallet and enter the ecosystem. On the left side, there is a helpful menu of tabs:
- Dashboard
- Buy NFM
- My Collection
- My Rewards
- Genesis Node
Along with these enhanced visual and navigational features, the Nitro Network team has also made improvements to SEO, mobile compatibility, responsiveness and general website efficiency to make sure that anyone who stumbles onto the Nitro Network website is able to easily hop onto this rocket to the moon.
The Nitro Network community comes first
Without its grand community, Nitro Network would not have been able to achieve what it has achieved. That being said, Nitro Network has some exciting updates regarding the distribution of NCash as rewards.
Because of the time lag between calculation and distribution, there have been issues with NCash’s price volatility. To solve this issue, Nitro Network will use the 30-day moving average of NCash’s U.S. dollar price according to CoinMarketCap when necessary to settle future distributions — this includes cashback rewards and monthly giveaways.
Moreover, as a major Nitro Network perk in these shaky markets, anyone that purchases a Tier 1 NFM between June 1 and July 15, 2022 will receive at least a 100% return on their NFM within the first year — given that the NFM remains staked for that entire year and the user whitelists themselves using this form. One can also join the Nitro Network Discord to learn more about this limited opportunity!
Finally, Nitro Network is happy to share these updates and cannot thank its community enough for its unparalleled support.
About Nitro Network
Nitro Network is building the largest decentralized private communication network powered by IoT combined with LoRaWAN and 3G/4G/5G. This hyperconnected world will enable unlimited use cases in our everyday life. Participants of Nitro’s decentralized PCN are part of an inclusive ecosystem that they own, operate and earn from. Nitro’s PCN will be a game-changer and has its proprietary token, NCash, at its core. On Nitro Network, everybody wins!
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Disclaimer: This is not investment advice. Please do your own research before investing in any avenue. The information contained in this post is for informational purposes only. You should take independent advice from a professional or independently research and verify any information that you find in this post and wish to rely on, for the purpose of making any decision. Through this post, you may be able to link to other websites which are not under the control of Nitro Network. We have no control over the nature, content, and activity on those sites. The inclusion of any links does not imply a recommendation or endorsement of the other website, its products, or views.