Background - IPN Foundation
Last updated
Last updated
The IPN Foundation underpins OpenLoop’s mission to revolutionize internet connectivity through decentralized physical networks (DePIN). By fostering innovation, the Foundation supports OpenLoop’s infrastructure growth and ensures alignment with Web3 values of decentralization, transparency, and fairness.
With a vision to onboard 5 million contributors by 2025, the IPN Foundation is scaling bandwidth capacity by an impressive 500% and enabling the network to process over 1 billion AI-driven data requests daily. Through strategic partnerships and community-driven initiatives, the Foundation drives OpenLoop’s scalability, setting the stage for mass adoption across critical industries.
By 2026, the IPN Foundation aims to power a 24/7 decentralized network, transforming idle internet bandwidth into a force for global innovation. Through OpenLoop, it empowers users to monetize their unused resources, bridging the digital divide and fueling the growth of AI technologies worldwide.