OPEN WIFI ICO REVIEW

in #blockchain6 years ago

Trust everyone is doing great here? As I always share my view about few credible and exceptional blockchain projects among thousands that is out there with all my readers here, am here again to share my opinion about a project that is working to make Internet more accessible to billions of global Internet users.

In today's world, an average human being with a basic knowledge of how to read and write, and also how to operate mobile phone can't do without the Internet. As a matter of fact in this century, access to the Internet is one of the basic necessity of life and it has an overall impact in the way we socialize, the way we do business, the way will access information and the way we interact with the outside world, so if there is any project that is working to make the Internet more easily accessible, it will be an idea that billions of Internet users will have interest to know more about and with my little circle here, I will share all what I know about the project with everyone here.

The name of the project am talking about as it is indicated in my headline is OPP Open Wifi, this project want you and I to partner with them by paying by paying us to host their Wifi and share our unused data with their platform.

What Is OPP Open Wifi

The OPP Open Wifi is a community blockchain project that has the objective of reaching a global audience in offering quality wifi for people in any place. They planned to recruit more than 25 million Internet users to achieve their goal.

How It Works

They have developed a mobile app which you can freely download on Playstore and App Store for smartphone user and a home / business router, which allows their Hotspot Hosts to share and monetise their unused data. As an Hotspot host for the platform, you will be able to decide how much unused data. The app will then activate the Hotspot function on your mobile phone and create a Wifi Hotspot called OPP OPEN WIFI which is totally secure, free to access and open for anyone nearby that needs it.

Video Summary

The app only need to be active for one hour in a day and you will receive OPP token as daily payment to your wallet from the company and if you host the Hotspot with more one than device, you will receive OPP token as payment for each of them.

You can changed the OPP token to fiat currencies(USD, EUR, NGN, GBP etc) which you can withdraw and transfer to your bank account or you can send the credit to your OPP credit card. You can also use the fund on the platform online shopping mall and enjoy an amazing retail experience with many global brand partners! All of this can be done from the dashboard for maximum convenience and ease.

You will also get paid for introducing other hosts to the project and for participating in the platform social media communities. The project aim to harness the power of “word of mouth” to accelerate growth to reach their target of 25,000,000 Hotspot hosts within 4 years.

How advance is the project?

The vision for OPP Open Wifi was born in 2017 when the team which has been managing a company together before developed Guest Wifi solution to serve the Smartphone market. And in 2018, research was conducted to gauge the popularity of their business model. The image below shows the project development stages.

What are the tokens used for and how will they appreciate in value?

OPP token is the project utility token on Ethereum blockchain. It will be used for all transactions and payments in the ecosystem. 4 billion tokens is minted. 96.4% Of these tokens will be held in reserve and added to the system to pay rewards to Hotspot hosts. The tokens will be released in to the system at an approximate rate of 160 tokens per Hotspot Host as they join the program over a 4 year period. 3.6% Of the tokens are available in the ICO (142 million) and will raise the funds needed to operate the business and fund the advertising to recruit the 25 million hosts which is the target of the platform.

You can read more about the tokenomy, the model of its value appreciation and ICO details here.

Useful Linls

Project Website
Whitepaper
ANN Thread
Telegram Open Chat
Blog

Writer's Details
Bitcointalk Username: Adebits
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1249179

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