Minutes Network Token AMA Event
The Spaces brought together Matthew Walsh (host), Josh Watkins (CEO, Minutes Network), Mark Savas (Head of Minutes Network Token), and Mickey Watkins (CEO, World Mobile) for a deep-dive AMA on Unity and the Minutes Network Token (MNTX). Unity is positioned as a massive, community-powered edge network for telecom verification, anti-fraud, revenue protection, spam detection, and network analytics—delivered to carriers, enterprises, and governments. The team detailed operator onboarding, licensing, subscriptions ($199 monthly at launch), fiat/crypto payouts, reliability-driven rewards, and strong privacy (no personal data collected, GDPR-compliant). Devices operate primarily over Wi‑Fi, consuming up to ~7GB/month, with no SIM required (SIM-only tasks optional). A marketplace enables leasing licenses with configurable revenue shares and country filters. App launch is slated for October with near-simultaneous iOS/Android release and ongoing biweekly updates. Unity nodes are NFT-based with license NFTs embedded; tokens staked with the node are reclaimable after a 24‑month lock. Partnerships span Web2/Web3 (including top‑20 crypto projects), with Pakistan and Nigeria highlighted on the carrier side. Round 1 of node sales is ~95% complete; future rounds and airdropped licenses were previewed.
Unity AMA and Minutes Network Token: Comprehensive Summary and Notes
Participants and Roles
- Matthew Walsh (Host): Moderates questions and flow; reads community submissions.
- Josh Watkins (CEO, Minutes Network): Primary voice on Unity product, technical details, operations, commercialization, carrier relationships, and rollout.
- Mark Savas (Head, Minutes Network Token): Token roadmap, buyback bot, Explorer, and reward pool clarifications.
- Mickey Watkins (CEO, World Mobile): Strategic alignment of Unity with World Mobile ecosystem; distribution strategy; device and data plan insights; operational discipline and expectations.
- Rob (World Mobile Alliance): Community liaison; asks clarifying questions on payments, rounds, rewards, and partnerships.
- Michael Crum (Community): Live Q&A on app behavior, data leverage for World Mobile AI (WilliamX), fiat withdrawal.
- Other community contributors mentioned: Callus/Callous (ambassador), Zoli, Val, Jamie, Gary.
Unity Overview and Positioning
- Unity is positioned as the world’s largest decentralized edge network, crowd-powered by community devices (smartphones/tablets), designed to provide carrier- and enterprise-grade verification and analytics.
- Core services include anti-fraud, revenue protection, spam detection (robocall mitigation), call delivery validation, global routing analytics, metric collection, stability/fault identification, and broader telecom grid verification.
- The value proposition to carriers/enterprises: scale and geographic breadth of a distributed grid no centralized competitor can match; continuous, probabilistic coverage akin to “mining” more devices = higher chance of detecting faults/anomalies; improved quality, reduced revenue leakage, and ongoing network assurance.
- Unity is built as a platform: APIs (“telecommunications as code”) enabling carriers/enterprises (and developers) to build on top of the edge network; tight integration with World Mobile’s Switch and Validation Nodes.
Release Timing, Versions, and Updates
- Version 1 will be released in October (confirmed multiple times). iOS and Android will be submitted concurrently; releases expected within days or about a week apart due to app store review policies.
- Weekly or biweekly updates planned, with substantive features in each iteration and responsive incorporation of community feedback.
- Jingle integration (a Minutes Network component) planned ~2–3 weeks post initial app release.
Licenses, Nodes, NFTs, and Staking
- Each Unity Node purchase yields 1 Unity Node NFT containing a balance of 200 license NFTs.
- License NFTs remain internal to the Node unless “broken out” to transfer/sell; leasing does not transfer NFTs—streamlines onboarding for non-crypto users.
- Node NFT can be transferred between wallets without affecting leased licenses.
- Staking: Node operation requires locked MNTX and WMTX (initial examples: ~7k MNTX + ~7k WMTX; exact current requirements governed by product terms). Tokens are locked for 24 months; after lock period you can initiate unstaking to reclaim tokens. Unstaking releases the Node NFT back to the market.
- No rewards for simply holding a Node NFT; rewards derive from operated or leased licenses.
- Empty nodes (sold/transferred licenses) can acquire additional licenses from the secondary market and attach them to resume operations.
Marketplace, Leasing, Contracts, and Controls
- Marketplace: no favoritism among licenses; will surface offers suited to a license operator’s location; filters for revenue share; initial limits to avoid race-to-bottom.
- Leasing: node owner can lease licenses via digital contracts specifying duration, minimum uptime threshold, and revenue share; revocation is possible for violation (e.g., uptime). After lease expiry, node owner regains full rights and can reconfigure terms.
- Revenue share: private leases can be set anywhere 0–100% (e.g., self-operating on personal devices, 100% to node owner); marketplace-listed licenses may impose minimum share percent to ensure fair utilization globally.
- Country filters: node owners can filter which countries can pair with their open licenses.
- Messaging: direct operator–licensee messaging not in v1; will arrive in later updates. Automatic warnings triggered upon threshold violations will be present.
- License identity/support: dashboards will allow tagging (e.g., “John Doe”) for identification and management; device uptime/quality metrics and earnings per license will be visible.
Rewards Model and Revenue Sources
- Rewards are earned by devices performing tasks. Key factors:
- Uptime and connection stability (reliability rating).
- Continuous tasks (probabilistic assignment like mining); more devices increase probability and throughput.
- Some tasks require SIM-data; most are Wi‑Fi/data-channel compatible.
- Earnings denomination and withdrawal:
- Rewards accrue in fiat terms; withdrawals can be in fiat or selected cryptocurrencies (including future options WMTX and MNTX on WM Chain). Stablecoins and partner options to be supported.
- Claim cadence: most rewards claimable immediately; some may be claimable with short delays (up to 1–2 weeks) depending on task type or settlement.
- Node owners with multiple leased licenses can claim in a single transaction.
- Industry and customers:
- Targeting multi-trillion ($2T) telecom industry: anti-fraud, spam mitigation, revenue protection, routing optimization.
- Interconnections with 270+ carriers; contracts with some of the world’s largest carriers/enterprises already in place; daily onboarding discussions ongoing.
- Demand expected to be enormous as the network scales; continuous tasks and new categories unlock as coverage grows.
- Reward pools and token ecosystems:
- Revenues are distributed on a per-license basis; not evenly across all licenses.
- Exception: a portion allocated collectively to reward pools for deep-in services. One statement referenced 25% allocated across WMTX/MNTX reward pools (covering Switch Nodes, Validation Nodes, Earth Nodes, WM Chain). Another clarified 12.5% allocated specifically to MNTX per epoch. The intent is that Unity contributes to both ecosystems’ service pools; exact split per chain will be visible in updated Explorer metrics.
- Pool distributions occur monthly on the 25th, aligned to the epoch closure.
Fees, Credits, and Payment Methods
- Monthly Unity Credit fee is $199 at launch (only package available at release); a $399 tier may be added later as services expand.
- Payments can be made by debit/credit card, Google Pay, or Apple Pay. Earned rewards cannot currently be used to pay the subscription; node owner can opt to pay licensee fees as part of onboarding.
- Subscription cadence: monthly or yearly (yearly option may be added shortly after launch). Auto-renew option will be available.
- Credits persist if a license operator fails to meet minimum operating requirements; remaining days remain in account for use when setup is fixed or applied to a new lease.
- Fiat withdrawals:
- Supported in some countries at release; more will be added progressively. Local payment rails/APIs will expand over time (Mpesa considered for future if demand warrants).
- Banking details can be added for fiat payouts; preference toward crypto/stablecoin or partner rails (Zibec card partnership leaked; Unity-branded card forthcoming).
Devices, Data, Connectivity, and Performance
- Supported platforms: Android (6+ recommended), iOS; tablets supported if on Wi‑Fi and running iOS/Android.
- SIM requirements: Not required to operate; most tasks are Wi‑Fi/data-channel compatible. SIM-data tasks require an active data plan (no need for voice/SMS bundles). The app prioritizes Wi‑Fi automatically.
- Data usage: up to ~7 GB/month currently; may increase as new tasks roll out. If data usage increases, Unity will announce and provide opt-in/out for heavier tasks.
- Battery and background behavior: app runs in background; low battery impact comparable to typical apps; must remain running and connected for rewards.
- Clustering/farms: running 200 devices on consumer Wi‑Fi is unreliable (packet loss, disconnections, bandwidth limits). Enterprise-grade networking (multiple APs, wired backhaul) recommended for large farms. Clustering does not reduce job assignment or efficiency inherently—provided connections meet quality thresholds.
- Emulators: Running multiple BlueStacks instances is disallowed/ineffective; will generate near-zero rewards.
- Health note: operating 10–20 phones near one’s person is the informal upper bound mentioned; 200 phones stacked “next to you” not recommended.
Geography, Compliance, and Legal
- Location parity: All countries are treated essentially equally for rewards (only marginal single-digit differences). Sanctioned countries are unsupported. In countries where VoIP is blocked, devices may still earn at lower rates because some services cannot run.
- Nodes and leases across borders: You can own a Node in restricted countries and lease licenses globally to approved countries; location of the device’s operation (not the Node owner) governs compliance.
- GDPR and privacy: No personal data harvested; Unity collects only anonymized data generated by Unity tasks; no scraping of apps or device content; fully GDPR-compliant and app-store compliant. Users can verify with tools (e.g., Wireshark) if desired.
- Digital contracts: Simple, essential terms encoded (eventually on-chain). Not legally binding across jurisdictions; Node owner can revoke under performance violations. Rewards are algorithmically calculated and distributed.
- Taxes: Each participant (node owner or license operator) is solely responsible for tax compliance in their own jurisdiction. Rewards are paid directly to participants (fiat or crypto), not via intermediaries.
Dashboards, Explorer, APIs, and Tooling
- Unity dashboards:
- Node owners: portfolio view, license status (active/inactive), uptime %, quality metrics, earnings per license, country of operation (visible to node owners), tagging for identification, global lease parameters and notifications.
- License operators: reliable visibility of connection thresholds and performance metrics.
- APIs and developer access: Will be offered, with a beta phase open to partners, community, and developers; enable monitoring and building on the edge network.
- Unity Explorer and Token Explorer: Minutes Network building a new Explorer and Token Explorer with richer metrics (including buyback detail attribution to Unity); updated stats will reflect actual purchases per epoch and broader network activity.
- App distribution and onboarding:
- APK will be available for direct download from Unity website (helpful for multiple devices without Play Store accounts).
- Wallet handling and security: Initial Node management login via WalletConnect/MetaMask; near-term enhancement will allow generation of an operator code so Node owners can manage leases without storing private keys on a phone. License operators log in with code.
- Auto-restart: App includes monitors to restart itself upon crash.
- Tutorials: Setup wizard, video tutorials planned for node operation, leasing, selling licenses, and license activation.
Partnerships, Rounds, and Roadmap
- Partnerships: Top-20/Top-25 Web3 projects (under embargo) to integrate tokens as payout options; strong Web2 partnerships planned for awareness; World Mobile will itself be a significant Unity customer; Unity-branded global data plan being prepared to offer minimum specs at lowest cost for permanent connectivity.
- Country buildouts: Pakistan expansion (LDIs, marketing; world’s largest Middle East operator contract underway, 20% global traffic into Pakistan targeted). Nigeria online (moved from lab to production) with clearinghouses; Philippines returning; US coming online; “54/25” plan progressing (watch Explorer in 30–45 days).
- Sale Rounds:
- Round 1: ~95% complete at time of AMA. Node counts and utilization will be published at end of round. Special rewards will be announced for Round 1 participants; multi-node owners included (specifics under embargo).
- Round 2: Expect price increase and revised rules/iterations; announcement early next week per team.
- Payment processor: Temporary downtime for US/EU card processing; expected back Monday/Tuesday; alternative fiat processing to be added if necessary. Card processor unlikely to accept VPN payments reliably.
- Token roadmap (Q4): New roadmap forthcoming, including Web3 partnerships, new/larger exchange listings; new Token Explorer with on-chain metrics and wallet connectivity (stake positions, dedicated nodes performance).
- Multi-chain: MNTX multi-chain deployments (e.g., Cardano) deferred; not main priority now; remains on roadmap subject to thorough research.
- Referral program: Live creation of referral codes on Unity site; referrals reward node owners with additional operator licenses; multi-layer program, comprehensive structure to be announced prior to app release; each node purchase counts as a separate referral (e.g., 3 nodes in one order count as 3 referrals).
Clarifications and Notable Q&A Points
- App behavior and uptime: Can run seamlessly for months; Unity may gamify with operator codes to validate conditions; still operator’s responsibility to ensure devices remain connected and in spec.
- iOS trauma concern: Unlike Stanford Points history, both iOS/Android submissions happen together; releases closely timed.
- SIM/cellular off on Wi‑Fi: Turning off cellular while on Wi‑Fi protects data plan but affects failover and reliability score if Wi‑Fi drops.
- Earnings estimates and calculator:
- “Up to $96/month per license” is illustrative, conservative, based on nearly a year of Unity-running pilots across devices and locations.
- Devices must fulfill requirements (subscription active, uptime, stability); otherwise earnings may be zero. Historical results inform calculator; future performance scales with network demand and task mix.
- Continuous tasks mean there is room for many more licenses; growth adds task categories and compounding demand.
- Job differences 4G vs 5G: No difference today for Unity tasks; 3G/4G/5G function equivalently for current operations.
- Earning ramps: Unity will have tasks from day one even with 100–500 devices; as network expands, both scale and value of tasks grow. Strategy prioritizes rapid activation; virality expected especially in emerging markets.
- Location display: Node owners can see country of operation in license stats; license operators do not see their location data beyond necessary app metrics.
- Country restrictions: Sanctioned countries blocked; where VoIP is blocked, reduced rewards due to limited services.
- Marketplace preview and selection: Will present clean overview and filters; variable share offers; initial measures to avoid extreme undercutting; license selection tailored to location.
- Multi-Node claims: Node owners can aggregate reward claims across nodes (e.g., claim total from 3 nodes in one fiat withdrawal).
- Data collection assurance: No personal data collected; anonymized Unity-only data; GDPR compliant; app-store compliant; carriers appreciate audits and continuous validation.
Buyback Bot, Explorer, and Token Operations
- Buyback bot:
- Current algorithm randomized/unmanned; under redevelopment to enable deeper metrics in the new Explorer and improved monitoring.
- Days without purchases may reflect randomness; details to be discussed comprehensively in the Minutes Network AMA (21st).
- Objective: acquire tokens effectively for stakeholders and reflect activity transparently in Explorer.
- Explorer upgrades: New Minutes Network Explorer to show epoch purchases, unity-attributed rewards, and broader metrics.
- MNTX reward pool: Clarified monthly pool additions and distributions on the 25th; more detail coming in AMA.
Pending Items and Next Steps
- Special rewards for Round 1: Details under embargo; to be announced at the end of Round 1.
- Future license airdrops: Confirmed free airdrops planned once initial 1.2M licenses are utilized; distribution mechanics (eligibility per round, cadence, quantities) to be announced.
- WM Chain support: Initial mint on WM Chain; option to choose Ethereum; WMTX/MNTX withdrawals on WM Chain to be enabled after initial release (MNTX coming to WM Chain).
- Payment coverage: Expansion of fiat withdrawal countries and local payment APIs; Unity-branded data plans for minimal spec connectivity globally.
- Messaging and monitoring: In-app direct messaging in a later update; outbound alerts set by global parameters and rules; APIs for external monitoring systems.
- Tutorials and onboarding: Setup wizard and video guides to be provided; improved web-based Node management to avoid mobile key storage.
- Alternative AMA platforms: Considering moving beyond Twitter Spaces due to live request issues; in time, Minutes Network may deploy its own WebRTC-based solution leveraging Switch Nodes.
Key Takeaways
- Unity’s differentiator is scale, distribution, and continuous verification, delivering value carriers cannot replicate cost-effectively or quickly with centralized solutions.
- Devices earn via uptime and stable connectivity on continuous tasks; SIM-data tasks add marginal incremental opportunities but are not required.
- Rewards are fiat-denominated with flexible withdrawal in fiat or partnered crypto; fees are straightforward ($199/month at launch) with auto-renew and potential yearly options.
- Privacy and compliance are central: GDPR-compliant, anonymized Unity-only data, sanctioned and blocked-VoIP countries handled by policy and reduced task assignment.
- The network’s success depends on operators maintaining reliable devices and connections; growth increases task categories and total demand, compounding rewards potential.
- Strong pipeline and existing contracts across carriers/enterprises, with integrations and partnerships (Web3/Web2) to expand reach and utility.
- Round-based node sales nearly through Round 1; clarity and special rewards forthcoming; Round 2 will adjust pricing and rules.
Upcoming Dates and Events
- Minutes Network AMA (token and buyback bot details): 21st of the month.
- World Mobile Alliance spaces with Josh and Mickey: following day at 4 PM UTC.
- Unity v1 release: October (iOS and Android; close timing).
- Explorer/Token Explorer updates: Q4 roadmap to be published.
