Sui Foundation Invests in Karrier One to Form Groundbreaking Partnership

January 11th, 2024.

In collaboration with Sui Foundation, Karrier One is extremely proud to announce a monumental partnership that marks a significant leap in integrating advance telecommunications with Web3 capabilities. We have received a significant investment from Sui Foundation to propel the development of our DePIN technology, and more specifically, KNS. As agreed in the partnership, our Karrier One Network will be exclusively launched on the Sui blockchain, with the integration of zKLogin.

As stated previously, the Karrier One DeWi will be powered by the Sui blockchain. This includes the future KONE token, which will be able to be earned through various activities on our network. This is a massive leap for us, as we now have access to top-quality industry grade blockchain technology to launch the Karrier One Network upon.

The Karrier One network will expand with a diverse array of utililites, mainly our universal phone number system (KNS). The Karrier Number System we be integrated with Sui’s zkLogin, a fundamental Sui primitive that streamlines user interactions on Sui by enabling Web3 authentication with familiar Web2 credentials. For example, with zkLogin, our users can log in with Google or Facebook to generate a self-custodial wallet secured by zero-knowledge proofs. By combining KNS with zkLogin on Sui, the partnership enables end users to transact in web3 using their telephone numbers instead of requiring them to manage a crypto native wallet. All Karrier One phone numbers will be distributed with these integrations as a default option of its phone plan. Karrier One users will also have the ability to transfer their numbers from other carriers!

We will use the new investment to push forward with our radio deployments, as well as accelerate our KNS development, which will come with our inevitable launch of the KONE token on Sui! As of right now, we have plans for March / April for the KNS beta.

This partnership is game-changing for our goal: to bridge the digital divide, and bring connectivity to those who need it most. We are committed to providing connectivity for all who have been forgotten the telecom giants of the world.

Thank you for reading, check out our official press release with Sui Foundation to hear more.