Arcanum Ventures is Backing Qualoo

The global shift to more virtual lifestyles and greater interconnectedness requires improved infrastructure. This means, not only more internet highways and roads, but improved roads for faster moving traffic.

Internet connectivity varies widely in many areas throughout the world. While some areas simply lack the infrastructure, most suffer from inefficient configurations or traffic management. This is the exact problem Qualoo aims to address with their novel diagnostics Decentralized Physical Infrastructure Network (DePIN). 

Arcanum Ventures is proud to announce our long-term support and incubation for Qualoo and its team. Their persistence and dedication in building an impactful technology will benefit every internet user everywhere while cutting immense operations costs for telecommunications and internet service provider companies.

 

What is Qualoo?

Paving dirt roads into interstate highways. This is often the analogy used at Arcanum Ventures to describe Qualoo’s mission. While creating more infrastructure in areas often lacking internet connectivity is important, Qualoo aims to tackle another problem – improving existing infrastructure.

The company is helmed by industry veteran, Keith Dawson, who’s seen and solved virtually every network problem for internet service providers (ISPs), telecommunication companies (Telcos), and even government agencies over the past few decades. His goal in building Qualoo is to streamline the processes he used to improve network speeds and connectivity for ISP and Telco clients while saving them millions of dollars in operations costs.

Targeting a multi-billion dollar industry rife with inefficiencies, Qualoo’s higher mission is to address long-standing problems in global internet infrastructure with the help of its decentralized diagnostics network. The company’s network of physical devices and software applications for IoT devices and smartphones is creating a global diagnostics network – essentially mapping the world’s internet traffic.

This diagnostics network provides a constant feed of non-identifying traffic data for Qualoo’s artificial intelligence neural network to do the following:

• Immediately identify poor service and network bottlenecks, while providing insights and recommendations
• Actively monitor networks to make incremental improvements
• Help industry stakeholders target investment in global networks with a more accurate view of internet connectivity & user experience
• Help app users make informed decisions about internet providers, work hub WiFi, data packages, and more
• Provide more accurate connectivity scores for ISPs and Telco Providers
• Create a platform that provides more accurate connectivity scores for small businesses such as cafes, hotels, and restaurants
• Provide a wide variety of data products from its neural network for B2C and enterprise applications

 

How is Arcanum Ventures Supporting Qualoo?

Arcanum Ventures has been incubating Qualoo, supporting token economy design, and providing long-term strategic advisory to ensure the team can build a sustainable and robust business. Additionally, our firm has invested in this impactful cryptocurrency startup.

The token economy is focused on creating a sustainable digital asset business model that accelerates Qualoo’s network expansion while providing valuable incentives for node operators to use their products and services.

Overall, our firm’s involvement spans the following focus areas:

• Business model and product design
• Token economy design fundraising strategy
• Go-to-market strategy from token launch to product delivery
• Business development support via introductions to ecosystem partners
• Investment and financial backing
• Fundraising support and investor relations

Keith Dawson, CEO of Qualoo, commented on the partnership: 

“We are thrilled to partner with a forward-thinking team like Arcanum Ventures, which truly understands the depth and potential of our mission. With a vision as expansive as ours, aiming to revolutionize global internet accessibility and performance, it’s crucial to align with partners who not only share our ethos but also bring unparalleled expertise to navigate the complex journey from concept to reality. The guidance, support, and insights from Arcanum have been invaluable in helping us avoid pitfalls and steering us toward making a tangible, innovative impact on how the world connects. This partnership is a testament to what can be achieved when shared vision meets expert guidance.”

 

Why We Chose to Support Qualoo

While DePIN has become a pillar narrative of the 2024 cryptocurrency startup landscape, many projects touting this moniker seem to be little more than software businesses that develop applications. 

Qualoo has been developing its infrastructure and tested it in several successful cases with government agencies and private businesses over the past three years.

The team’s resourcefulness in bootstrapping their company’s development and growth is just as impressive as their unwavering vision of creating a business that will ultimately benefit everyone who uses the internet worldwide. 

Arcanum Ventures is backing Qualoo because we believe in this vision, as everyone deserves the basic human right of connectivity and opportunities brought forth by the advent of the global internet.

Sasha Asheghi, a founding partner of Arcanum Ventures, commented on the partnership:

“It’s rare to see a team so dedicated and a product that is so needed. Everyone suffers from internet connectivity and inconsistency issues – it affects everyone’s daily lives. The fact that many of these issues can be solved in hours with the right tools, means that a big piece of the puzzle is missing. It makes perfect sense that eventually, some company will map the global internet traffic to help solve these problems for everyone. Qualoo is the team to do it, and their approach is to put both the responsibility and the benefit into the hands of the people with decentralized infrastructure – the same people whose lives will directly improve from this technology. We’re in deep with this Qualoo, because their technology will improve the world.”

 

About Qualoo 

Qualoo Network is a DePIN for creating, real-time insights, fostering new collaboration between internet stakeholders on a global scale, and creating unified governance. The network is comprised of decentralized physical devices and software applications installed on mobile phones and other devices. These nodes linked to any active internet connection will frequently test the quality of internet experience and global connectivity. In exchange for contributing non-identifying data to the diagnostics network, node operators earn $QXT tokens while contributing to the future of a more equitable and stronger internet, for everyone.

 

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