-- On December 12, 2024, XPhone Group announced a pivotal strategic investment from Goldman Sachs, a global leader in investment banking. This investment underscores the heightened institutional confidence in XPhone’s innovative vision and its role in shaping the future of Web3 technologies. These technologies include Web3 smartphones, Decentralized Internet of Things (DePIN), decentralized identity (DID), Real-World Assets (RWA), and AI agents (XAgent).
The XPhone team is comprised of seasoned professionals with extensive experience from top-tier tech companies such as Apple, OpenAI, Samsung, and leading blockchain startups in Silicon Valley. These experts bring a diverse range of skills, encompassing hardware and software engineering, artificial intelligence, blockchain technology, and deep knowledge of decentralized systems. This multidisciplinary team provides a robust foundation for XPhone’s ambitious objectives, enabling the development of cutting-edge technologies and the realization of groundbreaking Web3 innovations. Their expertise ensures that XPhone is well-positioned to lead the way in shaping the future of decentralized connectivity and digital economies.
At the core of XPhone’s offering is its revolutionary "real income model," which differentiates it from other Web3 projects. This model facilitates a seamless Web3 experience by integrating decentralized IoT (DePIN), behavior mining, advertising, and user-generated traffic. Users can earn real-world cryptocurrency and digital assets, transforming every XPhone into a value-generating tool. Unlike many Web3 initiatives that are driven primarily by speculative value, XPhone offers users sustainable revenue streams underpinned by tangible digital assets.
Each XPhone extends beyond the traditional smartphone; it functions as a Real-World Asset (RWA), positioning itself as a tradable, appreciating digital asset within the global decentralized economy. This shift in paradigm transforms conventional smartphones into long-term investment vehicles that appreciate in value over time—effectively turning every device into a strategic asset for wealth accumulation.
XPhone’s tagline, “Web3, First Entrance,” encapsulates the company’s mission: to provide easy access to Web3, decentralization, and economic empowerment for users worldwide. Goldman Sachs’ investment will accelerate this vision, fueling the development of a globally distributed, decentralized digital economy.
In addition to the phone itself, XPhone Group is also pioneering X LABS, a strategic platform designed to provide development, investment, and user support for Web3 projects. With the backing of Goldman Sachs, X LABS offers a unique opportunity for Web3 companies to access the resources and expertise necessary to scale and thrive in a decentralized ecosystem. X LABS serves as an open platform for developers and entrepreneurs, empowering them to create the next generation of Web3 applications and services.
Another major pillar of the XPhone ecosystem is X STORE, a Web3 marketplace where users can download Web3 apps (DApps), access decentralized services, and earn real digital asset rewards. X STORE will become the largest and most trusted app marketplace in the Web3 space, offering users a seamless and secure way to discover and engage with decentralized applications. The marketplace encourages collaboration, and Web3 projects are welcome to list their apps and connect with a global audience, driving the growth of the Web3 ecosystem.
Through its innovative DePIN functionality, each XPhone becomes an integral node within a global decentralized network. Users are able to manage their digital identities through decentralized identity (DID) protocols, which ensures privacy and security while fostering a user-driven digital ecosystem. By participating in activities such as behavior mining and targeted advertising, users earn rewards in the form of Xbit tokens, cryptocurrencies, and other digital assets. This model cultivates a self-sustaining income ecosystem that leverages Real-World Assets (RWA) to enhance liquidity and open up additional investment opportunities. It transforms each XPhone into more than just a smartphone—it becomes a gateway to a fully integrated Web3 experience, capable of supporting a variety of decentralized applications and services.
This approach not only ensures financial rewards for users but also strengthens the overall ecosystem, making XPhone a dynamic platform for building and managing digital assets. The integration of DID, RWA, and AI-driven analytics further empowers XPhone users to make informed decisions and maximize their engagement with the decentralized economy. As a result, XPhone is not just a hardware device but a catalyst for the next generation of digital interaction, fostering a new era of economic empowerment and connectivity.
Goldman Sachs’ investment establishes the critical financial backbone for XPhone, facilitating swift technological innovations, global expansion, and the seamless integration of Web3 phones, DePIN, RWA assets, and AI agents (XAgent) into a cohesive, self-sustaining ecosystem. This infusion of capital not only accelerates product development and market penetration but also solidifies XPhone’s position at the vanguard of building a decentralized, intelligent, and economically empowering platform for users worldwide. XPhone is at the cutting edge of redefining digital interaction, enabling users to engage with the decentralized economy in meaningful ways, whether through earning real-world income, managing digital identities, or accessing innovative AI-driven services.
About XPhone Group
XPhone Group is a leading Web3 solutions provider, specializing in integrating advanced technologies such as blockchain, decentralized IoT (DePIN), decentralized identity (DID), Real-World Assets (RWA), and AI agents (XAgent) into the smartphone industry. More than a smartphone, XPhone empowers users to earn real economic rewards through digital assets, traffic contributions, and RWA assets. The company is building a sustainable decentralized digital economy that is reshaping the future of technology and enabling users to reclaim control over their financial futures. Through X LABS and X STORE, XPhone is building a complete ecosystem that accelerates the growth of Web3 technologies while providing users with valuable resources to participate in the decentralized economy.
Contact Info:
Name: XPhone
Email: Send Email
Organization: XPhone GroupLCC
Website: https://xphone.tv/
Disclaimer:
This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed.
You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence.
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