WeatherXM Network Association Announces $300,000 in Onboarding Fees and Pipeline Expansion

First Onboarding Fees Revenue Announced

On Tuesday, the WeatherXM Network Association, the non-profit entity managing the WeatherXM Network, announced their first onboarding fees revenue, totaling $300,000. This significant milestone marks the beginning of a new phase in the network's growth and development.

Device Manufacturing and Shipping

The onboarding fees correspond to 3,000 devices manufactured in Q2 2024. These devices are expected to be shipped to customers by the end of July, marking a significant step in expanding the network's reach and capability.

Increased Demand and Stock Challenges

Since the launch of the $WXM token in May, WeatherXM has experienced a surge in demand for their weather stations. In several markets, including the US, the high demand led to stock shortages, indicating strong market interest and confidence in WeatherXM's offerings.

Pipeline and Future Plans

In response to the increased demand, WeatherXM is updating its manufacturing and logistics pipeline. In addition to the initial 3,000 stations, another 3,000 stations are in the pipeline, bringing the total to 6,000. These additional units are expected to be available by the end of the summer, with corresponding onboarding fees to be paid upon their onboarding.

Network Status and Rewards

For more information on network status and estimated $WXM rewards per station, visit WeatherXM Explorer. This platform provides real-time insights into network performance and potential rewards for station owners.

Final Thoughts

This announcement from WeatherXM marks a pivotal moment in the company's journey. The successful onboarding of 3,000 devices and the strong demand for additional stations underscore the growing interest in decentralized weather data solutions. As WeatherXM continues to expand its network and enhance its offerings, the future looks promising for this innovative project.