The $CHIRP token is our native protocol token. Our Miners mine the token and we distribute it to Keepers, reserve, team and investors.
You earn crypto just for providing the network, and the longer you’ve been with us, the greater rewards you earn.
Chirp's native token, validated by its Miners. Our deflationary model reduces the supply of $CHIRP every two years, preserving the value of the token as our ecosystem grows.
Purchasing access to Chirp network will entitle its user to an on-chain badge (utility token) that will reside in the user’s Chirp wallet.
These Access Badges are non-transferable, meaning they are tied to a single user and contain metadata pertaining to the underlying amount of $CHIRP converted.
THE MAXIMUM SUPPLY OF $CHIRP IS 300 MILLION TOKENS, WITH REWARDS ON THE FIRST YEAR TOTALLING 12.5% OF THE MAXIMUM SUPPLY AND HALVING EVERY 4 YEARS. THE MAXIMUM SUPPLY IS SET TO HAPPEN AT THE END OF THE 50TH YEAR AFTER NETWORK LAUNCH.
AB ARE OFF-CHAIN ASSETS AND NON-TRANSFERABLE, MEANING THEY ARE TIED TO A SINGLE USER. USERS USE THEM TO ACCESS THE CHIRP PLATFORM SERVICES. THEY ARE OBTAINED BY CONVERTING $CHIRP INTO ABs AT THE MARKET PRICE AT THE MOMENT OF ACQUISITION. THE DEMAND FOR AB ON BEHALF OF USERS IS AN IMPORTANT INDICATOR OF FUTURE NETWORK USAGE AND ALSO DETERMINES THE NUMBER OF $CHIRP TOKENS THAT WILL BE PERMANENTLY REMOVED FROM CIRCULATION.
Chirp - Part of our network operates on the LoRa protocol. LoRa is based on Chirp Spread Spectrum (CSS) technology, where chirps (also known as symbols) are the carrier of data. The spreading factor controls the chirp rate, and thus controls the speed of data transmission. Lower spreading factors mean faster chirps and therefore a higher data transmission rate.
Chirp is a trailblazing Decentralized physical infrastructure (DePIN) network founded by a team of seasoned Telecommunications experts with decades of experience. Our mission is to bring together all wireless connectivity protocols under one revolutionary network and a platform. With a focus on IoT, true Mobile 5G, Chirp aims to redefine the future of wireless communication.
At the heart of our network are the Chirp Keepers, passionate participants who play a crucial role in expanding network coverage. These dedicated individuals host and install long-range antennas on their properties, or participate in community owned antennas, contributing to the seamless connectivity experience for all users. Keepers receive rewards in the form of Chirp’s native token, $CHIRP, making it a truly collaborative and rewarding endeavor. Join us at Chirp and be a part of the next generation of wireless connectivity.
Here's the truth: the idea that you need hundreds of thousands of miners is a misconception. While indoor miners cover only a limited radius of around 500 meters, Chirp leverages telecom-grade hardware placed outdoors, extending coverage significantly.
Take this for example: we've covered the entire expanse of Barcelona with just 7 gateways, and Berlin isn't far behind. So, the notion of requiring hundreds of thousands of gateways is far from accurate.
By providing our miners, we actually streamline the process. Our unique approach involves pre-registering the miners we sell on the network. This means only our verified miners can join the network, offering substantial benefits to keepers.
Firstly, there's no room for imitation or fake miners to infiltrate and pilfer tokens from the community. Secondly, the absence of millions of miners contributes to more substantial rewards for keepers.
At Chirp, we're revolutionizing the game, making sure that quality and efficiency reign supreme over quantity.