For folks who usually have excess internet bandwidth that remained unused, the frustration of having to pay for excess bandwidth can be very annoying. Paying internet service providers (ISPs) for unused bandwidth is more annoying given that they charge a lot already.
Therefore, when PKT Pal launched the PKT Cube on the 21st of July 2021 in London, many were very happy with this new development. The cube allows you to monetize excess internet bandwidth and earn income passively.
To ensure you have all the information about this technological development, we have written this article to explain all you need to know about the PKT cube.
What PKT CUBE is
As we said, this product was launched by its parent company PKT PAL on the 21st of July 2021 in London. The device is a plug-and-play item that allows you to make money from your internet bandwidth.
All you need to do is to plug the device into the internet connection of your home and you will receive payment at intervals of 60 seconds as far as you remain connected to the decentralized network of the company. You receive payment in a digital currency known as PKT coins and according to the PKT Pal founder, Josh Berger; the coins can be exchanged for cash.
An interesting thing about this system is that you don’t need to have any technical experience; neither do you need to be a cryptocurrency expert. All you need is the internet connection of your home and you can begin to earn.
The simple concept of this technology follows the same idea that allows Uber to provide a platform that allows car owners to make money from their cars or homeowners to make money from their homes via Airbnb. Visit https://www.investopedia.com/ to learn how Airbnb works.
The PKT cube was first retailed in a presale that had multiple tiers. For tier 1, only 20 units were sold based on those who bought the product first and the price was $1,999. Those who bought it then saved $800. Tier 2 was limited to just 50 units and was sold at $2,499. Folks who bought it enjoy a discount of $300. The price of the product after the presale was set at $2,799.
The AMD Ryzen 5950x CPU known as the number one processor in the world powers the Cube. The Cube has its own custom OS (operating system) known as the PkteerOS.
The interface of the Cube is very simple to use; hence, monetizing your unused internet bandwidth is made easy. The interface also makes it simple and easy for you to see your bandwidth consumption, as well as, monitor your daily yields via a simple web interface.
Also, you can pair the cube cryptographically to your mobile phone as well as the account of your PKT Pal. This allows you to make payments via your mobile phone while ensuring that the device and wallet data are secured and private.
The operating system of the product PKteerOS also supports PKT pay; this allows you to pay utility bills from what you earn on the network, enjoy free virtual private network (VPN) services, make payments depending on how fast you want the connection to be, earn when you share your Wi-Fi with neighbors, monetize your internet further, access Decentralized applications (DApps), add gaming, content streaming, etc. Read this article to learn more about DApps.
Major Functionality & Features of the PKT Cube
The following are the major functionality as well as features of the Cube:
1. PKT Pay
This allows you to pay your utility bills, services, and subscriptions using the coins you got from the network. This feature was made available in Q4 2021.
2. Virtual Private Network (VPN)
With the Cube, you get to enjoy VPN services for free. You can then pay for the speed you want when connected, and also connect from any part of the world to your home internet.
This feature was made available in Q4 2021.
3. Wi-Fi Sharing
Instead of keeping your Wi-Fi to yourself whereas you won’t use all the bandwidth, why don’t you share it with your neighbors using mesh networking and make money in the process? This is what this platform offers you.
You don’t have to worry about your network being compromised as the sharing process is perfectly safe and secure. This feature debuts in 2022.
4. DApps
You can gain access to a wide range of DApps and also stream content, play games, and do so many other things using this technology. This feature like Wi-Fi sharing also debuts in 2022.
Specifications of the Cube
The product has the following specifications:
- Processor: AMD Ryzen 5950x 16-Core, 32-Thread
- Random Access Memory (RAM): 8 GB (2×4)
iii. Storage Type and Size: 128GB SSD B550m
- Motherboard: ITX motherboardGT710
- Has a display card
What PKT Pal Is
It would be wrong to talk about the product without talking about the producer. PKT Pal is a company that is part of the technology industry that focuses on creating turnkey hardware as well as software solutions in a bid to provide easy access to the company’s blockchain project.
Conclusion
Having unused internet bandwidth is not something to be annoyed over any more thanks to the possibility of monetizing excess bandwidth via the PKT Cube. Many folks have joined the fray and are becoming internet service providers in their own rights; you too can become one.