What is OpenLoop Network?
OpenLoop Network is a decentralized wireless platform that enables users to share unused internet bandwidth. With $15M in funding, the network provides participants an opportunity to monetize their excess bandwidth while supporting the growing demands of AI data processing.
Key Features:
- Monetize Bandwidth: Earn rewards by sharing unused internet capacity.
- Support AI Technologies: Contribute to scalable infrastructure for AI data processing.
- Decentralized System: Operates through the OpenLoop Sentry Node Extension to manage bandwidth sharing and rewards.
By running nodes, users build a reliable, distributed network infrastructure while earning incentives.
OpenLoop Network Airdrop Details
The OpenLoop Network offers a points farming system through its browser extension. Points earned by sharing bandwidth in the background may qualify users for future token rewards, similar to other bandwidth-sharing platforms like, Nodepay and Gradient Network:
- Nodepay – Signup for Nodepay’s Airdrop Here
- Gradient Network – Signup for Gradient Network Airdrop Here
Maximizing Rewards
- Node Keys System: Enhance rewards by purchasing node keys, which offer multipliers.
- Referral Program: Invite others and earn additional rewards.
How to Participate in the OpenLoop Airdrop
Step-by-Step Instructions:
1. Create an OpenLoop Account
- Sign up on the OpenLoop to create your account:
- Provide your email, name, and password.
2. Connect Your Wallet
- Access your dashboard after registration.
- Click the “Link Wallet” button at the top-right corner.
- Connect your Solana wallet.
3. Install the OpenLoop Sentry Node Extension
- Download the extension from here :
- OpenLoop browser extension to finalize the setup!
- Log in to the extension using your OpenLoop account credentials.
- Begin sharing your unused bandwidth.
Maximizing Your Rewards
Node Keys System
- Purchase Node Keys: Available in the “Node Validator” tab.
- Permanent Keys: Purchased keys are permanently linked to your account.
- Reward Multiplier: The more keys you own, the higher your rewards multiplier.
Referral Program
- Unique Referral Code: Find your referral link in the “Referrals” tab.
- Invite Others: Share your referral link and earn additional rewards for each referred user.
Frequently Asked Questions
1. How does bandwidth sharing work?
The OpenLoop extension shares a portion of your unused internet bandwidth with the network. This process is secure and does not impact your internet performance or compromise your personal data.
2. What affects reward earnings?
- Number of node keys owned.
- Duration of active bandwidth sharing.
- Participation in the referral program.
- Quality of your network contributions.
3. Are there any requirements for participation?
- A stable internet connection.
- A supported Chrome-based browser.
- A Solana wallet.
4. How are rewards distributed?
Points are earned based on your contribution and multipliers. These points may determine eligibility for future token rewards.
Security Considerations
OpenLoop Network employs the following mechanisms to ensure a secure and efficient system:
- Proof of Backhaul, Location, and Frequency: Maintains network security and integrity.
- Minimal Resource Impact: The extension operates efficiently without straining your system resources.
- Privacy Protection: Ensures safe bandwidth sharing while safeguarding user data.
By following this guide, you can seamlessly join the OpenLoop Network, contribute to its decentralized infrastructure, and earn rewards for sharing your unused bandwidth. Get started today and become part of the future of AI data processing!