Weaver Labs is getting ready for groundbreaking advancements in the tech sphere, using blockchain technology.
The discussion in the recent AMA delved into the roadmap ahead, focusing on the pivotal role of cutting-edge technology and the steps necessary for widespread adoption. Weaver's CEO Maria Lema emphasized the significance of creating a robust infrastructure using Cell Stack, marking it as the immediate task at hand. She stressed the implementation and development of a decentralized service layer via blockchain as the subsequent phase, emphasizing the facilitation of a marketplace bridging infrastructure providers and consumers, which is where the Adeno token is set to play a crucial role.
Even though the Adeno token's official launch is pending, Weaver Labs has already initiated the introduction of its product. Currently, efforts are directed toward interfacing the product with diverse telecoms infrastructure like 5G, 4G, satellite, Wi-Fi, and IoT technologies.
When asked about DeFi's role in Weaver Labs' financial future, it is clear that Adeno token primarily operates as a utility token, tailored to manage ecosystems such as the telecoms sphere.
Addressing the legality surrounding the token's utility, Maria highlighted the company's approach. Weaver Labs has sought legal opinions in various jurisdictions to ensure compliance with regulatory frameworks, thereby allowing the token's sale in those regions.
Regarding the blockchain upon which Adeno operates, for now it functions within the Ethereum network. However, the company plans to bootstrap the marketplace as a smart contract within this network before migrating to its own chain in the future.
In summary, the future for Weaver Labs and the Adeno token is promising with DePIN gaining traction among blockchain projects.
The entire AMA can be watched here.
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It was a very nice AMA with a brief presentation of what Weaver Labs are up to.
I watched it, it was quite informative. Absolutely revolutionary. It’s something unique with real-world applications.
Great work. They’ve been around for quite a while; I wonder why it’s not more well-known. It definitely deserves more recognition.
Following already. Pretty interesting project.
I could clarify some doubts about the project after watching this. I like Depin projects. Ade can be a good addition to my bag soon.