Empire

How Crypto Fixes the Internet Monopoly | Neil Chatterjee, DAWN & Andrena

Sep 10, 2024
Neil Chatterjee, founder of DAWN and a pioneer in decentralized internet solutions, shares insights on transforming internet access. He discusses the hidden costs imposed by ISPs and how decentralized networks can empower users by lowering costs. The conversation highlights the innovative role of cryptocurrency, particularly Solana, in creating community-driven internet infrastructure. Neil envisions a future where households actively participate in their internet services, ultimately promoting an inclusive digital landscape.
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INSIGHT

The Internet Monopoly Problem

  • Internet prices are high due to limited competition and localized redlining.
  • This lack of competition stems from the historically high cost of building internet infrastructure, creating a monopolistic market.
INSIGHT

Last Mile Disruption & Wireless Advancements

  • Disrupting the "last mile" of internet access has been a long-standing challenge in networking research.
  • Historically, limited wireless performance hindered this disruption, but advancements now allow wireless to compete with fiber.
ANECDOTE

Andrena's Model

  • Andrena partners with residents and building owners to offer cheaper, better internet starting at $30.
  • They compete directly with major providers by offering a more convenient experience and lower costs.
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