SmartMesh and ecosystem partner MeshBox are signing a non-disclosure agreement with a nonprofit in eastern Congo. We are developing a business model for philanthropic support of clean water. The organization can create NFTs for water wells invested by philanthropists on SmartMesh ecosystem partner MetaLife. These philanthropists are then added to the associated DAO. Donation funds are used to purchase wells with IoT sensors to measure and track water quality. LoRa, MeshBox broadband internet and token economics are used to collect data and feed back to all stakeholders. Additionally, DAO members may be rewarded, encouraging further investment.
The SmartMesh Foundation and the third-party smart hardware equipment manufacturers in the United States invested by the MeshBox Foundation have completed a new round of financing, which has increased the value of the shares held by MeshBox. The new funds will also accelerate the development and production progress of third-party equipment. This will undoubtedly directly enter the large-scale bottom-up distributed value Internet deployment after the PoM research and development is completed.