The Internet occupies an important place in the life of every person. But there is such a problem, due to the fact that many people still do not have access to the Internet, in particular, this applies to developing countries. However, not everyone can claim full access to it. The approximate price of the Internet with a connection speed of 10 MB / s is from 3 to 197 US dollars, the monthly subscription is about 30 US dollars. At the moment, according to the UN, the world has more than 800 million people living below the poverty line (below 1.90 dollars per capita) and another 7.6 billion without Internet access. This is the problem that the World WI-Fi project wants to solve.
The World Wi-Fi project is a decentralized Wi-Fi network that is built on individual residential routers. Owners of routers share their surplus Internet potential with guest users for a fee paid in the crypto currency. World Wi-Fi focuses its activities on public investment.
The target group is a decentralized network of advertisers, owners of routers and guest users working on World Wi-Fi. Blockchain technology is used to track and protect these transactions, which makes the process fast, efficient and cheap. The project operates on the basis of the Delegated Proof of Stake (DPOS); stating that the complexity of creating a block should be relative to the share in the network. No competitive representative chooses shareholders to launch the platform.
DPOS systems are designed to handle a large volume of transactions, which is ideal for the project, as multiple types of advertisements and user connections are simultaneously viewed. All transactions are stored in a blockchain and are updated regularly. After saving, the data can not be lost or changed. All information about transactions and advertisements is available to all. This promotes transparency and confidence in the network. Each transaction is executed with a contract with a blockchain acting as a key reference for the entire system.
The advantages of the project:
- The World WI-Fi project aims to use the free Internet access around the world via a broadband network.
- The WI-Fi project offers the opportunity to earn a crypto currency by exchanging Wi-Fi and displaying advertisements on router access points installed by router owners.
- World WI-Fi uses accurate data about the advertising campaign and progress, allowing you to easily monitor it and adjust it.
Principle of operation:
World WI-Fi has three key links to the chain:
Owners of routers - provides access to open secure networks through Wi-Fi access points. They are also shareholders in the blockhouse.
Advertisers - advertises advertising to the target audience for a fee paid to the owner of the router.
Guest users - connects to open access points to the network, browses advertisements to get a free Internet connection.
When connected to the system, the router designs and uses the guest user for a network different from the internal network, limiting the availability of the core network.
The router owner creates specifications suitable for the public network, such as connection speed, number of advertisements, and the number of connections to the network.
The user views the advertisement in exchange for free Internet access.
Thus, the revenue of the owner of the router depends on the number of ads viewed.
World Wi-Fi is focused on free participation in the community and gives an opportunity to earn money in proportion to the growth of the project.
Thanks to its referral program, World Wi-Fi provides an opportunity for active users to earn more by creating a worldwide network by attracting a router and directing referrals. How does the referral program work? An invitation is required to access the network. An invitation is a link attached to the user's wallet in the system; the wallet refers to a digital storage unit where the user's income is safely stored in the crypto currency.
Now users have the right to the commission paid by the owner of the router when connecting the advertisement. The main problem of the router's owner is the ability of the network to handle a growing number of users, as referrals increase network traffic. The more referrals, the more the user makes more commissions for the viewed advertising, on which he earns. Anyone can receive an invitation to the platform on the World Wi-Fi website.
About the project token:
WeToken (WT) is the accepted domestic currency on the Word WI-Fi platform. Retail trade in the amount of USD 0.01 for WT, the token buys ten advertising displays. The number of tokens generated is limited to 600 million WT. during the presale and ICO, 258 million WT tokens will be available for purchase, then non-sold tokens will be burned. To motivate owners, advertisers and users, World WI-Fi will offer bonuses in the presale form.
The price margin in the future will depend on the performance of World WI-Fi in the advertising market. The higher the demand for a token, the higher the price. This is due to the fact that the sale of tokens will increase, while the number of tokens will remain fixed.
ICO Terms:
Name of the token: WeToken
Standart: erc20
Total number of tokens released: 600,000,000
Total number of tokens for Pre Sale and Token Sale: 258,000,000
End ICO: May 18
Price of the token: 1 WT = $0.134
Accepted currency: ETH, BTC, VISA, MasterCard
Soft Cap: 3 500 000$
Hard Cap: 25 000 000$
Conclusion:
The fact that access to the Internet is gradually evolving into human civil law, speaks of its importance. World WI-Fi will not create real hot spots, instead, the owners of routers will be given the opportunity to act as service providers and receive compensation for their problems, an advertising company created for advertisers, and users will get a free Internet connection. Developing countries will be the largest beneficiary of this project if they are fully implemented.
More information can be found here:
Website | Whitepaper | ANN Thread | Bounty Thread | Facebook | Twitter | Telegram
Author:
Bitcointalk username: aleksvip15 My bitcointalk 0x8e65028a1b1f35bcfff35f97cb59c272a48012cf
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