Free World Wi-Fi On Blockchain Allowing Routers' Owners To Earn Money

in #ico6 years ago

World-Wi-Fi-pic1.jpg

Despite living in the 21st century, internet availability remains a problem for people throughout the world, given the lack of infrastructure in certain regions, alongside the costs being charged by internet service providers.

World Wi-Fi represents an exciting start-up, founded by the creators of Radius Wi-Fi and the Adrenta project, which aims to fix this issue, by granting people free internet access, through a decentralized Wi-Fi network that works by integrating residential routers. To put things better into perspective, the operation scheme of the project, consists of three main key links, these being the guest user, the router owner, and the advertiser.

Guests will therefore be able to browse the Internet via the World Wi-Fi network, without having to pay anything. Rather, in exchange for the internet access, users will simply see advertisements.

Router owners who wish to take part in the project, will create a dedicated Wi-Fi network, capable of generating passive income, by profiting from the ad sales made when other users are logged into the router.

Lastly, advertisers who are responsible for deploying the ads that users will view, will get access to several advantages, such as being able to deliver a more fine-tuned advertising campaign to users. In return, advertisers will find it easier to target their audience, while also analysing ad performance on the available Wi-Fi networks. Not only this, but ad campaign managers will also get access to detailed information regarding the history of their campaigns, which products/services have been advertised, conversions, and more.

As World Wi-Fi represents an Ethereum-based platform, several solutions meant to collect and analyse sets of anonymized data have also been deployed. All transactions will be carried out through the help of smart contracts, hence guaranteeing the speed, security, reliability and transparency of all campaign data. Router owners will be paid via the WeToken (WT), which, based on choice, can be converted for fiat currencies via supporting digital currency exchanges.

It is expected that the alpha-testing phase will begin this March. So far, a total of 500 routers have already been connected to the network, and internal testing shows that the network works as advertised.

According to Yan Sepiashvili, a co-founder of the World Wi-Fi project, “In the next three years, it is projected that at least 20 million Wi-Fi routers will be connected to the platform. We’ll bring blockchain into every home.”

As part of the effort to raise funds for the project, World Wi-Fi is holding an ICO, where investors, can purchase WeTokens, which can either be sold for a profit, or be used as payment for advertisement services. The start-up is planning to raise $5 million during the pre-sale, with $2.7 million already raised.

Website - https://worldwifi.io
Whitepaper - https://goo.gl/73M1cm
One Pager - https://s3.eu-west-2.amazonaws.com/world-wifi/onepager/onepager_en.pdf
Telegram - https://t.me/world_wifi

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Interesting idea 💡!!! Why did you choose ETH? Nano may be better. 👀

Yas idea good! FollowBack every day 100%

What a great concept! decentralization through blockchain is amazing.

Dont be an idiot. You are being scammed with this article.

Slinging insults isn't a way to get people to see your point of view. Is this company known for scamming? What's your reasoning?

It's not a scam. We have a real working business. If you have any specific concerns, please let us know them.

Closed minds usually stay closed. I think world wifi is an interesting and plausible idea.

wow! amazing project, can not wait to take in the ICO

Thank you for your support!

Posting so I can come back to later and look into this more. This could be big.

Thanks for sharing.

Followed and upvoted :)

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Didnt read any of the article. Free Wi-Fi is a total BS story. Always has been. Always will be. It is similar to perpetual motion. Fantasy. Will never happen. Violates the laws of physics. Without reading anything but the headline I call TOTAL BULL SHIT.

Nothing in our project violates the laws of physics. If you learn our concept, you'll understand that the advertisers in our network pay for users using wi-fi. A lot of companies work like this - Facebook, Instagram, Twitter, Reddit. Moreover, we already have working profitable business, so it's not just an idea. You can learn more about World Wi-Fi project on https://worldwifi.io

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