Nitro Network’s 2022 Roadmap
With the crypto market’s recent volatility abruptly deciding winners and losers, one fact remains — a sureshot roadmap, the Web3 version of a business plan, is imperative for long-term success. Amid the chaos, Nitro Network has navigated the stormy landscape due to its steadfast actions of sticking to its plan.
Here is a quick quarter-by-quarter outline of Nitro Network’s 2022 roadmap.
Stepping into Quarter 1
Non-fungible tokens (NFTs) have been making headlines as innovators and creators run wild with their imagination. Nitro Network joined in with its innovative product, the Non-Fungible Miners (NFM), that boosts the utility of its digital mining business by combining NFTs with decentralized finance (DeFi).
Participants who hold a collectible NFM can seamlessly mine NCash — the Avalanche-based, native token of Nitro Network. Many thanks to the knowledgeable team of professionals facilitating the creation of the Nitro Bot NFMs at Cointelegraph! Partnering with a leading crypto media outlet that gets over 3 million unique visits per month is sure to take Nitro Network to new heights.
Quarter 2 unfolding
Nitro Network recently partnered with NFTrade to promote Nitro Bot NFMs as staking rewards in an effort to reach a larger user base. In another step forward, Nitro Network Nesters will be deployed to their respective users this quarter. Other roadmap items include DeFi initiatives such as Super Nesting, Genesis Node Staking to earn NCash, and Nitro Network token burning. It is also set to launch the “Learn & Earn” program which provides incentives and rewards for all community members who choose to learn more about Nitro Network and its innovations.
In a recent conversation, Nitro Network CEO Anoop Vootkuri shared, “My vision is to be one of the largest private telecommunication networks in the world. I can visualize cities across the world, powered by IoT in so many ingenious ways.”
5G in Quarter 3
In the third quarter, Nitro Network will schedule the launch of its proprietary Nitro Network Explorer on the Avalanche blockchain. The Nitro Network Explorer will be the point of reference for network participants to track their assets and rewards. Moreover, Nitro Network is also set to launch its long-awaited 5G private communication network.
Lastly, Nitro Network will gear up for the third iteration of NCash staking. In sum, the third quarter looks strong as there will be added utility for community participants and increased network traction due to the deployment and launch of Nitro Network’s LoRaWAN protocol.
Quarter 4 scaling efforts
Nitro Network participants will be able to fully capitalize on excess internet bandwidth once the Nesters go live on the network. In addition to bringing Nesting live, Nitro Network will continue to promote its innovative, collectable NFMs in various Web3 NFT marketplaces. The community can also expect some major announcements regarding value-adding partnerships planned for the end of 2022.
To conclude, Nitro Network has strategically planned its way to success. With a thoughtful schedule of product activations and the periodic release of DeFi services to its community, Nitro Network is shining brightly, like the North Star in the night sky. The most important observation to be made from the 2022 roadmap is that Nitro Network has compartmentalized its expansion while bookmarking enough buffer time to realign the network’s goals based on the sentiment of its Web3 crypto community.
Nitro Network extends its appreciation to each and every community member for their patience, attention and suggestions — WAGMI!
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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