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Wen $WXM? WeatherXM Update - Manos

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WeatherXM

Summary

In this conversation, Manos from WeatherXM discusses the progress and challenges of the project. He addresses the delay in the Mainnet launch due to ongoing fundraising efforts. The impact of fundraising on weather station owners is clarified, assuring that there will be no changes to the token rewards. The importance of transparency and the difficulty of achieving it in a hardwarebased project are highlighted. The use of Filecoin for weather data management and the goal of transitioning to a decentralized network are discussed. The availability of WiFi stations and the difference in gas fees between Layer 1 and Layer 2 solutions are explained. The conversation concludes with plans for future updates and communication with the community.

Takeaways
The mainnet launch of WeatherXM has been delayed due to ongoing fundraising efforts.
Weather station owners will not lose any tokens as a result of the fundraising.
Transparency is a challenge in hardwarebased projects, but WeatherXM aims to bring transparency to the network.
WeatherXM is using Filecoin for weather data management and is working towards transitioning to a decentralized network.
WiFi stations may be temporarily out of stock, but new versions with improvements are being manufactured.
Gas fees for interacting with WeatherXM are significantly lower on Layer 2 solutions like Arbitrum.

Chapters

00:00 Introduction and Mainnet Launch
02:09 Impact of Fundraising on Weather Station Owners
02:53 Transparency and Business Balancing Act
04:04 Weather Data Management on Filecoin
05:29 Transitioning to a Decentralized Network
06:27 Availability of WiFi Stations
08:10 Gas Fees and Layer 1 vs Layer 2
10:24 Conclusion and Future Updates

posted by sjemenitiah