Free Decentralized Wi-Fi Network Powered by Blockchain - WORLD WI-FI (ICO)

in #cryptocurrency6 years ago

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Before one hundred years great scientist Nikola Tesla was dreaming about providing wireless electricity connection for a whole world. Tesla was one of the biggest minds of 20th century and person ahead of its time in every sense. Even today we are still using vires to get electrical energy to our homes, luckily for us, some things have become wireless, like Wi-Fi internet connection. The only problem with wireless Wi-Fi is that routers broadcast signals just in the limited distance. We all know that situation when we are leaving our homes and need to rely on often too expensive and slow mobile internet with limited traffic. If Tesla were alive today, he would probably work on solving this problem. Unfortunately, he is not with us anymore, but there is a great team working to resolve this with their World Wi-Fi project.

What is World Wi-Fi?

The basic idea behind this project is providing free internet access for millions of user all around the world. At its core, World Wi-Fi is making blockchain based three parties ecosystem that will be beneficial for all of them and provide free internet access for anyone who needs it. The parties are:

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Router Owner

Router owners that decide to connect and participate in World Wi-Fi project are going to gain extra income just by opening their router Wi-Fi connection to other users. Their router will then provide separate public network access point to anyone in its radius. Router owners will be paid a certain amount of cryptocurrency tokens, dependent on the usage of their Wi-Fi connection by other users.

Advertiser

This project will provide a new platform for advertisers and enable them a direct connection with the targeted audience. Use of World Wi-Fi advertising network will cut the middleman from advertising process, lower the price of adds, and secure targeted adds for advertisers. The platform will provide reliable and accurate statistic while the use of blockchain technology will secure truthful results without any chance of falsifying them.

Guest user

Guest users of World Wi-Fi internet service will have access to free internet connection. They will be "paying" this service through adds views and make their contribution to World Wi-Fi ecosystem this way.

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World Wi-Fi team based this project on two already working products, Adrenta and Radius Wi-Fi. These two projects have proven the concept of free Wi-Fi to be highly profitable and successful. Their business numbers from last year look amazing and promising for this project.

The team now decided to use all advantages of blockchain technology and expand worldwide so we can expect from this ICO to become successful and profitable. At this moment's World Wi-Fi ICO presale is going on, and you can invest HERE. The price at this phase is $0.1 for 1WT Token.

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Conclusion:

This ICO is based on simple idea that anyone can understand in just 2 minutes, and that is always a good thing for projects in this phase. The team is looking experienced in this area of business, and they have already developed two similar projects that have proven to be profitable. Regarding ICO economics, the price of the tokens looks fair for the project at this phase of development, plus all unsold tokens will be burned. The only thing I don't like too much is model of token distribution. Just 45% of them will be sold on the market, while 40% is reserved for future development. In my opinion, there is no need to develop this project extensively, but this percentage can be explained by plans for world expansion in the years to come.

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World Wi-Fi Links:

https://en.worldwifi.io/
https://t.me/world_wifi
https://twitter.com/WorldWifi_ICO

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Thank you for a great review of our project! Keep up good work!

Quite informative and groundbreaking idea. Thanks for the structured content, looks exciting!

Thanks for visiting Dragon... This could be proven to be a good mid term investment...

Long presale, that'll give time to amass investors. Not only mid, more long term imo. It solves a problem, has a great yet simple business model and the token has utility itself. I find that tokens which are not just ways of crowdfunding and have a specific use case in the scene or rewards are a HUGE plus

Well written post nice work

Thank you King ;)

One question. How are users assured about the security of the network ? Most of the users have trust issues while connecting to free WiFi networks.
Also would there be lobbying against this by big internet service providers since it will bring down their business.
Interesting post though. Thanks for sharing

Thanks for a good question! Regarding the security part, World Wi-Fi will implement the ability for users to block the access to prohibited content through open network. The owner of an open network will be able to choose which content to add block access, and block users who have repeatedly contacted to forbidden information.
Regarding the big internet service providers part, OP provided the correct answer ;)

That is an interesting and important point that you can address to the team on their Telegram. Knowing that they already have two projects based on the same idea it looks like there are no legal issues with big internet service providers... Thanks for visiting ;)

I got an answer from the team: World Wi-Fi have never had any legal problems with big internet providers. :smirk:

We are in negotiation with telecom companies from different countries to sign off partnership agreement. Our referral system will be highly beneficial for telecom providers any size and will help them monetize unutilised traffic. This will let us penetrate to the highly regulated countries like USA and Canada.

Thats a great news. Thanks for the follow up.

Looks promising and useful. These kind of things will help people understand the daily usefulness of Blockchain

Sneaky Ninja Attack! You have been defended with a 4.44% vote... I was summoned by @kriptonoob! I have done their bidding and now I will vanish...Whoosh

Very cool and informative article!

I'm still looking around at mesh WIFI. Trying to figure out which ones might be better. Some are still ICOs in pre-sale as of February 2018.

You should check this great ICO! They are young and innovative team with successfully operating investment platfotm! https://goo.gl/NVHYCZ

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