Welcome To Ambient: The Leading DePin for Environmental Monitoring
At Ambient, we are dedicated to pioneering advancements in environmental data through our decentralized network of sensors. Our mission is to drive significant growth in air quality monitoring and to expand the reach of our ambient data.
Today, we are excited to share a major milestone in our new journey.
We are thrilled to announce that Ambient has finalized an agreement with PlanetWatch to take over its sensor network and manage the community. This agreement marks the official launch of our new project based on an existing network, a new leadership team and organizational focus. Moving forward, the PlanetWatch Air Quality Network, including its sensors, community, token, and key team members, is part of the Ambient ecosystem.
We’ve been working hard over the past months to shift infrastructure, launch group entities, and to begin to resolve known challenges across the network. We’re under no illusion of the obstacles that remain ahead of us, and we won’t get everything right from day one but with your support and patience we will take this project to the next level.
Building on Solid Ground To Expand The Global Sensor Network
Collectively, we are building a crucial asset for the rapidly growing $40 billion environmental monitoring industry.
The opportunity to grow and lead in our industry is now stronger than ever, as investors and organizations globally are recognizing the value of decentralized physical infrastructure (DePin), within the web3 industry and beyond. Our strategic approach is tailored towards business use cases and enterprise-level applications, ensuring significant commercial impact. We are actively expanding our scope to include other vital ambient metrics, positioning us to tap into the broader environmental monitoring market, which is expected to reach $40 billion by 2030.
We’re starting from an amazing position with an existing network, thanks to many of you who have recognized the potential since day one. With over 25,000 sensors deployed to date in more than 20 countries generating 10.7 billion data streams, we already have the largest distributed network of its kind.
Senior Leadership, Web3 Investors Backing and Laser Focussed Vision
With new leadership onboard and strong industry backing, we’re setting up to expand the network’s capabilities and unlock entirely new opportunities for growth and monetization.
Ambient’s co-founder and CEO, Luca Franchi, brings over two decades of leading growth at several startups and large corporations in the US and Europe (O2 UK, Telefónica, Sky) across enterprise and consumer verticals.
We’re also proud to announce an oversubscribed $2M USD seed round led by Borderless Capital, with participation from Solana Ventures, Parami Investors, Sonic Boom Ventures, and Primal Capital, among others.
Together, our impressive team brings a wealth of experience, combining DePIN leadership with enterprise expertise to propel Ambient to pursue key commercial opportunities.
And we have a laser focussed vision targeted at business use cases and enterprise level industry applications, as we prepare to monetize the network data and shape partnerships to expand the network, generating opportunities through turnkey deployments.
Preparing for Solana: The Largest DePin Ecosystem
Looking ahead, we will introduce new token economics and launch on Solana, the largest and fastest growing ecosystem for DePin projects. This move aims to enhance our network’s scalability and speed, leveraging Solana’s innovative architecture.
Source: https://yashhsm.medium.com/state-of-solana-depin-2024-055338f513af
Engagement & Rewards: Upcoming Participatory Snapshot
We value your engagement. As we approach the launch on Solana, maintaining active sensors is vital. Active participation will help us ensure the network’s robustness and the quality of data, which is crucial for its commercial value.
The greater the number of devices we have connected and actively streaming data, the more organizations will find value in accessing our uniquely dense and hyper-local data, which surpasses any other offerings currently available in the market today.
We are grateful for your past achievements and are dedicated to supporting you through this transition, with further details to be shared in the coming weeks. We will make sure that your contributions are recognized and rewarded:
Enhanced Incentives and Streamlined Migration
- Bonus mining rewards for current sensor deployers and those that bring their devices back online (by a soon to be communicated snapshot date), so start to reconnect your sensors!
- Incentives in AMBIENT tokens for inactive license holders, including inactive licenses that were used to redeem loyalty program
- Hodler program will continue in AMBIENT tokens
- A straight-forward PLANETS to AMBIENT token conversion to get everyone settled into the new network
Updated Tokenomics
- Revised and simplified to focus on incentives for future expansion and on driving value for the data the network captures today
- Reduced cost of participation and lower barrier to join the network
- All licenses connected to sensors that are about to expire before October 1st, 2024 will be extended until this date
- A new referral program offering a significant revenue share for any community participant that brings Ambient a data API deal that closes
Please note, as we push through with this transition there are components and services that will be paused or discontinued.
As we enhance our systems for a more robust launch of the new network, we’ll temporarily pause the online sale of licenses and sensors. We appreciate your patience during this upgrade, and invite you to stay connected via Ambient’s channels for news on when services will resume.
To give a better service, we know many of you have expressed issues with the Wearable app, and for now we have decided to prevent new device sign ups as we evaluate the situation further.
You can continue to access and support your devices during this transition period at the below links, until further communications that the transition is complete:
- Explorer: https://explorer.planetwatch.io/
- Support: https://support.planetwatch.io/
Join our Community
Your support is essential as we transition into this new phase. Join our new community platforms and follow us to receive the latest details on tokenomics, rewards, progress and launch of the new network:
- Newsletter Subscription: https://ambient.network/#newsletter
- Telegram: https://t.me/AmbientNetwork
- Discord: https://discord.ambient.network
- Ambient website: https://ambient.network/
- Ambient X/Twitter: [https://twitter.com/AmbientNetwork](
Thank you for being part of this journey. Together, we will redefine what it means to monitor and impact our environment.
Welcome to Ambient.