Qlink partner with NEO to hold ICO and build decentralised mobile network
https://neonewstoday.com/general/qlink-partner-with-neo/https://twitter.com/NEOnewstoday/status/922192241845776386Qlink will be running an ICO on both NEO and Ethereum, generating both a NEP5 and ERC20 token. Token holders will have access to free WiFi and free data for specific content, receive a share in profits from mobile network users and also receive profits from a mining power pool embedded in Qlink’s base station.
NEO are also working with Qlink to develop their own public chain suitable for telecom services, which will be able to communicate to the NEO blockchain through NeoX. The Qlink chain will store information such as user billing data and crypto tracking records, whilst the NEO blockchain can be used to register infrastructure assets such as WiFi hotspots, routers, wireless base stations, and their topology.
The core team behind Qlink come from YouYou Mobile, a WiFi service that covers over 100 countries. YouYou Mobile has served over 6 million travel customers and partnered with over 40 telecom carriers world wide. YouYou Mobile will be the first partner of Qlink, allowing users to tap into the Qlink network.
Allen Li, Qlink CEO and Founder & CEO of YouYou Mobile also has 7 years’ experience working at Huawei Technologies on Wireless technology
Qlink originally began building their dApp on Ethereum, but found NEO offered lower transaction fees and that the TPS capacity was more suitable for public chain use within the telecom industry. Qlink will finish developing the dApp on Ethereum, at which time it will be moved onto the Qlink chain.............