Phinge through their patented magnetically connectable phones, tablets and app-less Netverse platform are poised to disrupt the industry's outdated technology models. Phinge believes that to truly deliver on this promise, it must control the end-to-end user experience, from hardware to software and the very network that connects it all. Becoming their own Mobile Virtual Network Operator (MVNO) is the strategic path that will allow it to create a seamless, integrated, and rewarding mobile ecosystem, leveraging its unique rewards program for a better user experience.
As mentioned in a previous press release, telecom carriers will be invited to be affiliate partners and by doing so they would receive 1% of all gross dollars each Netverse user spends through their device using PhingePay, for as long as they own it.
Phinge might even choose a hybrid model where they would be an (MVNO) and still have affiliate partnership deals with some telecom carriers.
Benefits to Phinge becoming its own carrier
Deep integration and optimal performance
By controlling the carrier service, Phinge can eliminate the incompatibilities that plague traditional devices and app-based services.
- Optimal performance: Phinge could fine-tune its network and hardware for peak performance, ensuring seamless switching between its connected screens and uninterrupted access to Netverse features.
- Enhanced security: It could enforce even greater end-to-end security and encryption optimized for its hardware-verified identity model, creating a secure closed-loop system with fewer vulnerabilities.
Operating as its own carrier would give Phinge a direct line to its users, allowing it to control the entire Netverse customer experience and reward engagement.
- Monetization via engagement, not data: Netverse will give users control, ownership and monetization of their own data. As an MVNO, Phinge will offer a transparent service that rewards users based on engagement within the Netverse platform through its hardware including third-party platforms.
- No monthly bills: Phinge would allow users to eliminate monthly phone bills. As an MVNO, Phinge could offer this program directly, bundling carrier services with its rewards ecosystem. Users would earn rewards through activities like content creation, shopping, participating in the platform online and in the real-world, and even by disengaging from their devices through "Phreetime," and then use these rewards to pay their monthly phone service bills.
- Device upgrades: The rewards could also be used to purchase new Phinge phones, tablets, gaming systems, smartwatches and detachable earbuds, creating a powerful loyalty program. For example, users who own one half of a connectable phone or tablet could build up rewards over time to get the next half of the connectable Phone or tablet for free, giving them a clear incentive to stay within the Phinge ecosystem for the long term.
Moving into the carrier space would enable Phinge to capture more of the value created by its ecosystem.
- New revenue stream: Phinge would directly collect revenue from its users' phone services, adding a significant new income stream to its business model.
- Marketing cost reduction: By bundling the phone carrier service with its unique hardware, Phinge becomes an all-in-one package. This could reduce marketing costs, as customers would buy the device and service in a single transaction, without needing to shop for a separate carrier.
- Control over distribution: As its own carrier, Phinge could dictate the sales and distribution of its unique hardware and potentially offer compelling incentives like using rewards for device upgrades.
| Feature | Phinge as an MVNO | Phinge not as an MVNO |
| User experience | Total control over a seamless, integrated experience between hardware, Netverse platform, and phone service. Includes direct application of rewards for bills and devices. | User experience that could depend on different carriers' integrations. Users could face compatibility issues or fragmented service across devices. |
| Rewards system | Full integration of rewards which can be directly used to purchase new Phinge devices or pay for monthly phone bills, creating a self-sustaining ecosystem. | Unless carriers become affiliates of Phinge, users would need to pay their phone bills separately, instead of using rewards. |
| Security and privacy | Greater level of end-to-end security and privacy from device to network, reinforcing Phinge's core principles. Less reliance on external partners, whose security practices may vary. | Reliance on a third-party carrier's security practices, which could introduce vulnerabilities and reduce user trust. |
| Revenue and profit | Captures a larger share of the overall customer spending, including phone service fees, resulting in a predictable and recurring revenue stream tied to its ecosystem. | Receives a one-time revenue from hardware sales and a percentage from users Netverse usage and engagement. |
| Market differentiation | Offers a truly differentiated all-in-one package (hardware + integrated service), making it an even more unique and compelling choice for privacy-conscious consumers seeking a rewards-based system. | Sells a specialized device that still relies on a standard carrier, making its unique value proposition to the device and app-less platform and not the carrier experience. |
| Market agility | Can rapidly develop and launch new services, features, and rewards programs without needing to negotiate with external carriers. Faster time to market for new features. | Subject to the agreements and timelines of third-party carriers who may be slow to adapt to market trends. |
Becoming an MVNO would be a crucial strategic move for Phinge, enabling it to fully control and integrate its entire ecosystem: patented devices, the app-less Netverse platform, and carrier service. This would empower its core value proposition of privacy, user control, and enhanced experience. By integrating its rewards system directly into phone bill payments and device upgrades, Phinge can create a powerful loyalty loop that keeps users engaged and invested in its ecosystem.
By establishing its own carrier service, Phinge can enhance its vision of a unified, rewarding, and truly secure mobile community for its users.
You may learn more about Netverse and its patented, magnetically attachable smartphones and devices by visiting Phinge's websites at
https://www.phinge.com
To get on a contact list please fill out the online form here
https://www.phinge.com/netverseai.html
You may view Phinge's Crunchbase profile here
https://www.crunchbase.com/organization/phinge
You may view Robert DeMaio's Crunchbase profile here
https://www.crunchbase.com/person/robert-charles-demaio
About Phinge Corporation
Phinge was founded and through Netverse® is being developed to disrupt today's outdated App technologies, including the App-store duopoly, by partnering with and giving its users and businesses ownership and control of their data, enhanced privacy and a better overall mobile experience including their ability to monetize it.
Phinge through its upcoming patented Netverse App-less technology platform with proprietary AI, will be a better, safer, verified and rewarding alternative platform and technology for users and third party businesses and developers to today's App stores, operating systems and ecosystems of Apple, Google and Android.
Netverse will not be an App or Super App that resides on the major technology platforms of today.
Instead, it will be a standalone, all-in-one, app-less platform, accessible only through Phinge's revolutionary, patented, Mobile Hardware which includes Magnetically Attachable/Detachable Phones, Tablets, Mobile Gaming Systems and peripherals like the stylish, wireless earbuds with interchangeable batteries and built-in sensor screens for continuous usage without recharging and Smart Watches that never need to be charged as they come with stylish external, interchangeable bezels with built-in rechargeable batteries and come in a variety of colors, patterns and finishes.
Netverse will be a verified, centralized-decentralized platform.
Centralized in the way it provides universal safeguards through verification of all users, businesses, organizations, entities and IP through Phinge's patented Netverse technologies and hardware.
Centralized because Phinge and Netverse will be compliant with all government regulations regarding data and privacy.
Decentralized because all thirty party platforms will be compliant with all government regulations regarding data and privacy as soon as they are verified and join Netverse.
Decentralized because its users, businesses, organizations and entities will have the power to live, work and thrive in a verified world.
Netverse will benefit all verified users and approved, verified third party businesses, developers and platforms on Netverse in ways not possible with today's technology including total verification of all users, businesses, organizations, platforms and entities.
Photos: (Click photo to enlarge)
Source: Phinge Corporation
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