Rhythm Wireless enables users to monetize their unused internet bandwidth by sharing it with others. The platform facilitates a marketplace where individuals can earn money by contributing their excess internet capacity.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses and property owners have underutilized internet bandwidth, resulting in wasted resources and lost potential revenue. Telecom opportunities are typically limited to large corporations, creating a barrier to entry for smaller businesses and individuals.
Solution
Rhythm Wireless provides a platform that enables businesses and property owners to monetize their unused internet bandwidth by sharing it with cellular carriers. The company installs a Wi-Fi 6 hotspot that allows carriers to offload cellular traffic onto the user's existing internet connection. Rhythm Wireless guarantees a minimum monthly payment, plus a percentage of any additional earnings generated by the hotspot. This allows users to generate passive income from their existing internet service without significant effort or technical expertise.
Target Audience
The primary target audience includes businesses, property owners, and venues with existing internet connections and good foot traffic who are looking to generate passive income.
Features
- Wi-Fi 6 hotspot installation and maintenance
- Compatibility with major cellular carriers, including AT&T, T-Mobile, and Telefonica
- Guaranteed minimum monthly payment, regardless of usage
- Automated payment processing via Venmo, Paypal, Wire, ACH, or Crypto
- Secure data transmission and encryption
- Remote monitoring and management of hotspot devices
- Options for smaller, indoor hotspots or larger, rooftop units