We’re excited to announce that 3air, the blockchain-based connectivity platform bringing high-speed broadband internet to underserved regions, has partnered with Balance, an open-source economy of banking and commerce initiatives with investment opportunities derived solely from the technical application, maintenance, and consumer use of its algorithmic stablecoin - USDB. The partnership will enable our community of users to explore the financial opportunities that next-generation stablecoins present to developing economies. We are thrilled by the potential of our partnership and look forward to working together to progress our shared vision to DeFi reward participation in Web3 ecosystems.
The 3air project entered this partnership with Balance based on its role in facilitating seamless transactions and DeFi opportunities globally. This partnership maximizes 3air’s potential to provide a dynamic ecosystem to bank the unbanked globally.
Balance is an open-source economy featuring banking and commerce initiatives enabling access to investment opportunities facilitated by the technical application, maintenance, and consumer use of its native stablecoin - USDB. USDB is a next-generation algorithmic, game-changing stablecoin that supports and facilitates all the dynamic financial innovations within the Balance ecosystem.
Our collaboration with Balance will allow us to present the novel opportunities of wireless broadband, tokenized connectivity, and blockchain-based financial solutions to new markets and demographics.
The 3air ecosystem bridges the gap for unconnected users to join the global blockchain community. It allows users to buy Internet subscriptions that grant them a Connectivity NFT that can be shared, transferred, and used at any 3air-compatible location to access high-speed internet. Once connected, 3air’s blockchain platform offers users access to the world of blockchain and DeFi. Users can own unique digital identities, create wallets, access micro-loans and participate in revenue-generating activities.
Some of the notable features of the 3air ecosystem include:
- Connectivity NFTs — 3air provides reliable, trust-minimized connectivity through NFTs that hold all the properties of the internet subscription and its usage rights. This use case of NFTs skips the need for lengthy contracts and makes internet usage accessible, transparent and transferable.
- High-speed broadband Internet — K3 Telecom’s Last Mile solution is the backbone of 3air’s connectivity service. It delivers high-speed broadband internet with up to 1GBPS, TV entertainment and IP Telephony. With a 50 km range per K3 tower, entire cities can be connected with only a few towers without digging cables and laying infrastructure underground.
- Broadband Mesh Network — Using a decentralized network of access point operators (nodes), the reach of 3air’s network is increased through its ecosystem participants. Access Point Operators are rewarded for extending and maintaining a stable and secure network for users.
- Easy to use — Onboarding new users onto the network is simple, with on-the-ground locations and cash on-ramp and off-ramp solutions for simple transitions into the ecosystem.
3air remains committed to working with Balance to bridge the connectivity gap and facilitate global inclusion by leveraging blockchain technology and other innovative DeFi solutions to connect the unconnected and bank the unbanked. We also look forward to future collaborations to advance our collective visions for the blockchain space and our respective communities.
“Balance has developed an ecosystem that has become an essential infrastructure within the DeFi space already. The blockchain space has come this far because of their contribution, and we are ready to take it even further. Innovative solutions work together to advance together, and that is what we are doing with our partnership with Balance.” - Sandi Bitenc, CEO at 3air.
“As an African working in Web3, I have the privilege of living on a continent that offers unlimited possibilities and working in a space with enormous potential. In bringing these two worlds together, 3air is facilitating a new wave of creation and innovation and Balance is thrilled to be a part of it.”- Dusky, CMO at Balance
3air is a blockchain-based platform with the goal of bringing broadband connectivity and financial inclusion to the next billion. Using proprietary K3 Last Mile technology, 3air delivers affordable, high-speed, and stable broadband internet, digital TV, and IP telephony to users. Once connected, 3air’s blockchain platform empowers users to become financially independent with easy access to digital services, identity management, payments, credit line building and micro-loans.
Learn more about 3air by visiting 3air.io or reading our documentation at docs.3air.io. We have more exciting news on the way. Follow our social media channels to join our community and get the latest updates.
Balance is an open-source economy featuring banking and commerce initiatives enabling access to investment opportunities facilitated by the technical application, maintenance, and consumer use of its native stablecoin, USDB. USDB is a next-generation algorithmic, game-changing stablecoin that supports and facilitates all the dynamic financial innovations within the Balance ecosystem.
Find more information about them on www.balance.capital or visit their social media channels -