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Competition in the blockchain space

blockhain will disrupt telecom industry

Telecommunications is a lucrative market but heavily dependent on technology. Technologies with revolutionizing potential including blockchain will always try to penetrate and disrupt such markets and take their share. It is therefore normal to see many projects entering the space.

There are many ways how blockchain can disrupt the telecom industry.

Most projects right now are focusing on providing mobile payment systems, digital identities, and additional security with none yet really working on many disruptive aspects blockchain can provide.

After reviewing the competition in the blockchain space we are confident to have a unique business model that makes us standout amidst other projects in this space. We are creating our own market with a high competition entry barrier as discussed earlier.


The most prominent project connected to telecoms in the blockchain space is for sure Telcoin. Although Telcom was first focused on Telecoms and expanding their business model it has since evolved into the “mobile money” market primarily, as it aims to become to most adopted mobile payment system.

Telcoin is claiming easy fit for connecting into existing fee models of carrier billing and incentivizing low fee service that is attractive to end users but still profitable for networks. It offers pricing and exchange API for easy integration with carrier billing platforms.

Their aim for financial inclusion is also seen with their partnerships as for now there is no telecom partner added. With this focus they are aiming at a different market with a different business plan and market strategy as 3air.

At the time of writing Telcoin is ranked #58 on CoinMarketCap with a market capitalization of $1,7 billion (down from over $3B in the May 2021 bull run).


Dent describe themselves as a revolutionary digital mobile operator offering eSIM cards, mobile data plans, call minutes top-ups and roaming free experience. They are using blockchain to create a global marketplace for mobile data.

Their core business is offering an eSIM with data plans that can be used in 60 countries over the world, thus providing seamless data roaming experience.

As of now (July 2021) there is still no real use case for the Dent token as the marketplace has not yet been built. According to their roadmap they should launch their DENT Mainnet in 2022.

Compared to 3air, Dent is aiming at global data roaming market and enabling voice calling over mobile data within their app. Dent is contracting different telecoms, not enabling them to sell their services to the end user directly. As such they are acting as their own telecom service provider. 3air focuses on bringing broadband to Africa, creating its own userbase and then expanding as a global platform for other telecoms and ISPs, enabling the exchange between them and the users.

DENT coin is listed on Binance and KuCoin and has reached a market cap of over $1B in April 2021.


Corda is a blockchain based platform, designed to help users build permissioned distributed solutions and networks. A part of Corda platform is dedicated to the telecom industry. They claim to provide a secure, scalable, and efficient platform on which multiple parties can share data, logic, and records. They streamline KYC, on-boarding of customers and improve clearing and settlement. They leverage digitalization to shift costs to Opex and deliver scalability. They enable atomic or deferred net settlement and 24/7 exchange.

As a whole Corda seems like a good platform, but telecom is only one of their target markets. They offer a blockchain platform upon which the telecoms need to build their own dApp solutions. 3air on the other hand specializes in providing an out of the box solutions with minimal development and coding needs for the end customer.


Ammbr is developing a blockchain based wireless mesh network for internet sharing. It enables users to connect their routers to a wireless mesh network and share their bandwidth with others in a secure way without privacy breaches. The user can in a way resells his unused bandwidth.

Lately they have been focusing on providing on-chain financial services and are advertising as Quantitative Market Maker. They are also moving into the NFT space. This all takes their focus away from the telecom markets.

QLC chain

QLC is a Chinese startup built upon the NEO blockchain. They are providing mobile payments through SMS based billing system and integrate with telecom companies. They also provide digital identities and the QLC chain wallet.

Their roadmap shows end of development in 2019 and they have been stagnant since then.


Is providing another option for mobile payments. They are connecting their BitMinute token to prepaid mobile minutes that can be used similarly as prepaid cards. Blockchain technology provides additional AML options and fraud prevention and tries to make the process of buying easier for the end customer.

They are entering the payment and DeFi space and are focusing on some third world countries like Nigeria, but their roadmap ends in 2020.

Their token is untracked on CMC and shows very low volume and market cap on Coingecko.

FIX Network

Aim at providing blockchain based cellular security solutions. They allow for smooth transitions between different devices through digital identities and a digital currency.

They are operating in the IoT space and are aiming at mobile operators.

World Mobile Token

World Mobile Token (WMT) is a new project, currently in prelaunch phase. It aims is to bring affordable connectivity to rural areas of developing countries, using a mesh network on hybrid spectrum, renewable energy and blockchain technology.

WMT are building their own blockchain on top of Cardano that will help facilitate traffic through their nodes and Wi-Fi mesh network infrastructure, using solar powered routers and hotspots. This will allow affordable mobile services with peer-to-peer sharing and online payments.

WMT and 3air are not direct competitors as one is aiming at rural and other at urban areas of developing countries. The technology and userbase are different and the possibility of customer overlap is minimal.

WMT have successfully completed their presale stage in August 2021. They have sold 10% or 200 million WMT tokens at the price of $0,20 in the public sale and raised $40 million. Additionally, a private round of 2,5% or 50 million WMT has been sold at the price of ~$0,14 for a raise of $7 million.

With the token supply of 2B WMT this would give a fully diluted market cap of $400M at launch.

Helium chain

Helium are calling themselves the People’s Network and the world’s fastest growing wireless network ever. They provide special HW hotspots that the users can connect to their internet connection and share it with other members of the Helium network. They currently have 541,372 hotspots connected all around the globe.

The users providing a hotspot are able to earn rewards in the form of HNT tokens and the users connecting to the hotspots are charged for it.

This idea is similar to our bandwidth sharing model, with the main difference of including the ISP in the process. Without thinking about the ISP as the one who actually needs to buy the original bandwidth, this model becomes unsustainable when scaling.

Yet Helium managed to build a strong community and userbase around their project and are probably the biggest contender to 3air within the crypto and bandwidth space.