π‘Our Solution
Besides GPU and CPU lending, one relatively untouched form of AI-enabled DePIN is the lending of Internet Bandwidth, as recently introduced by a project named Grass. Offering users the opportunity to earn rewards for renting out their unused internet bandwidth, over 1.5 million users have so far started utilizing this form of DePIN. Inspired by Grass, Bandwidth AI lets user earn cryptocurrency rewards for lending their unused internet bandwidth. For example, users with a connection bandwidth of 100 MBs per second, who only utilize 25 MBs of that, can lend out the remaining 75 MBs and get rewarded as such. As a unique selling point compared to other providers, we pay our users in a decentralized ERC-20 token $BPS, which serves as the backbone of our ecosystem. By getting rewarded in $BPS, users of the Bandwidth AI ecosystem get the opportunity to participate in the growth of our project. Revenue generated by our platform, which is used to reward users in $BPS, comes from the sell-trough of internet bandwidth. In other words, the bandwidth users lend out is sold to companies, primarily those active in the field of AI. AI companies use this unused internet bandwidth to scrape the internet and train their AI models. As such, by using the Bandwidth AI platform you earn rewards while contributing to the development and growth of AI. The Bandwidth AI ecosystem works through an easy-to-use and easy-to-integrate browser extension, compatible with Google Chrome and Mozilla Firefox. Simply download and install the extension, set up your account and start earning $BPS for your unused bandwidth. An extensive overview of our extension and how to start earning rewards is detailed in the next chapters of this whitepaper.
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