Description
The GIANT Foundation aims to empower the world to build a more open and inclusive internet by creating the GIANT Protocol, a new web3 telecommunications layer designed to decentralize and democratize access to connectivity and financial services. At its core, GIANT is a native blockchain that functions as a Decentralized Internet Access Layer (DIAL), aggregating existing corporate and community-owned network assets. It does this through a set of protocols that tokenize bandwidth, turning it into a global, digital asset and fostering a decentralized connectivity economy. The protocol addresses the inefficiencies of the traditional telecom model by creating a system of incentives for both consumers and providers, unlocking the value in underutilized connectivity contracts. By turning mobile data contracts into financialized tokens, GIANT makes it intuitive for users to engage with crypto simply by going online. The system consists of a native blockchain, a teller protocol for tokenizing data contracts, a connectivity protocol for on-demand internet access, a yield protocol for unused data balances, Data Contract Tokens (DCTs), native GIANT tokens for incentives, and a DAO for governance. The goal is to create a seamless, secure, and community-governed connectivity economy that provides better data connectivity and universal banking access for everyone.
GIANT Protocol is a decentralized platform built on a native, Substrate-based layer 1 blockchain. It aggregates traditional and emerging networks through a community-operated network of nodes. The protocol features a set of open, trust-minimized smart contracts—Teller, Connectivity, and Yield Protocols—that coordinate, tokenize, and financialize data contracts on its blockchain. GIANT also provides open-source tools and SDKs, including a wallet, fiat payment integration, and a blockchain explorer, to enhance scalability and user convenience. The platform supports the development of third-party decentralized applications (dApps), with GIANT Connect serving as a reference app for a global mobile data marketplace incentivized with native tokens.
GIANT turns internet connectivity into a globally tradable digital asset. We spend $2T annually on connectivity, yet inefficiencies in connectivity markets mean 25% of capacity goes underutilized. GIANT creates liquid markets for connectivity through a decentralized, community-owned set of protocols on the blockchain. Internet connectivity becomes the financial primitive of new consumer and enterprise applications with connectivity as the unit of value, for example connectivity as a form of payment, connectivity as collateral, and enterprise financial markets for spot connectivity contracts and their derivatives. GIANT provides consumers greater choice, convenience, and value when going online. It enables connectivity providers to attract and retain subscribers, and generate incremental returns from their capital investments. It enables developers to build new applications with internet connectivity as the financial primitive. GIANT creates a connectivity economy that is open to all, seamless, and secure by design, supported by a cryptographic token and governed by the community.