Have you known a globalized Wi-Fi network that connects people? Tis is about it. World WiFi is a global decentralized free network. The users of the platform are ordinary people, router owners, and advertisers. The users enjoy free internet; advertisers pay router owners for the ads viewed by the users; advertisers receive a useful tool for targeting of advertising and analytics of advertising campaign effectiveness. The platform will incorporate Big Data technology to collect and analyze non-personal data and user activity, which will allow advertisers to market their ads to those who are interested in their company. Blockchain technology will make transactions between the participants of the process fast and affordable, and it ensures that the parties have a mutual agreement by utilizing smart contracts. Blockchain also gives advertisers entirely reliable and transparent information on the advertising campaign conducted.
About World WiFi
World Wi-Fi is based on successful existing business in Wi-Fi access points and Wi-Fi advertising networks with a vision to “go global”. “Radius Wi-Fi” and “Adrenta” operate in 80 cities with the total staff of more than 100 employees. World WiFi has analyzed the existing business models and understood that blockchain is a perfect technology to create a global decentralized wi-fi network and to make this system free for guest users by showing advertisements. In a sense, this is the same model as television now with the only difference being that they will only need to show a short and non-intrusive advertisement when connecting a Guest User to the network. The advertiser gets more targeted and less expensive advertising while the router owner receives some payment for hosting a “free” Wi-Fi access point for guests and the guest receives access to the Internet in exchange for viewing an ad, which is targeted to their interests.
World WiFi Business Model
World Wi-Fi will charge advertisers a fee of 5% of the cost of the advertising shown in the network of connected routers. The charge applies when generating a budget before allocation of tokens to router owners. Averaged calculation of the number of views and advertisement cost for one router. The World WiFi project is cost-effective, it motivates the community in the creation of a scalable free global internet network, and it aims to achieve a turnover in excess $1 billion per year after three years of operation.
Why Do You Choose World WiFi?
Users often deal with a lack of internet access. The mobile internet has limits on data traffic and speed, particularly in developing countries. And generally, international roaming charges are unreasonably high. With no mobile internet, users often see private and locked Wi-Fi networks which are impossible to connect to. The internet has gradually evolved to become an integral part of the modern life. However, not all can stake claim to its complete access. Most people still have no internet access especially in developing countries and those who do, have pay for it. An estimated cost of internet with a connection speed of 10MB/s ranges from $3 to $197, with a monthly subscription of about $30. Now, according to the UN, there are over 800million people worldwide living below the poverty line (below $1.90 per capita), and another 7.6 billion without internet access. This is the gap that World WI-Fi seeks to fill. The World Wi-Fi project is a universal decentralized free Wi-Fi network established on personal residential routers. Router owners share their surplus internet capacity with guest users at a fee payable in Cryptocurrency. World Wi-Fi project focuses its operation on communal contribution and all.
The Blockchain Contribution to World WI-Fi project
A decentralized network of Advertisers, Router Owners and Guest Users operating in the World Wi-Fi system form the chain. Blockchain technology is used to track and protect these transactions making the process fast, efficient and cheap. The project operates on a Delegated Proof of Stake (DPOS) accord system; stating that the difficulty of producing a block should be relative to the stake in the network. None competitive representatives are chosen by the stake holders to run the platform. DPOS systems are designed to handle high transaction volume which perfectly suits the project as numerous advertisement views and user connections takes place concurrently. All transactions are stored in the blockchain and are regularly updated. Once stored, the data cannot be lost or tampered with. All information on transactions and advertisements are readily available to everyone. This promotes transparency and confidence within the network. Each transaction is made with a contract with blockchain acting as a pivotal link for the entire system.
World WiFi will offer users free internet access around the world.
They aim to create simple and transparent conditions to generate additional income for home WiFi router owners.
World WiFi’s referral program will enable you to multiply your income by adding any number of routers through your efforts and earning on advertising in the total network.
World Wi-Fi will allow the advertiser to select their target audience based on search history, gender, age, social media profile, location (with specific details such as exact street, house or apartment).
In the World Wi-Fi platform, an advertiser’s account will provide the most accurate and 100% reliable statistics.
All history of ad views will be recorded in a blockchain and will not be the fabricated.
Now Its ICO Time
World WiFi are expecting to grow in three years from project launch to 20 million Wi-Fi routers connected globally to their system. This number is equal to 5% of the number of private routers which will be in operation in 2021. Thier annual turnover for the year 2021 is expected to exceed $1 billion. All participants of Pre-sale and the ICO with investments over $50,000 will get exclusive invites which give an added benefit of retaining the profit without commissions.
Transactions in World WiFi will be regulated with WeToken. One WeToken will be equivalent to ten ad impressions. In the ICO, ERC20 tokens will be sold. In order to turn it into a full-ledged project, a proprietary Etherium-based protocol is under development. WeToken can be converted into any other world currency or cryptocurrency at cryptocurrency exchanges.
join with us,
Website : https://en.worldwifi.io/
Whitepaper : https://s3.eu-west-2.amazonaws.com/world-wifi/whitepaper/whitepaper_en.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=2518622
Telegram channel : https://t.me/world_wifi
Facebook : https://www.facebook.com/worldwifi.io/
Twitter : https://twitter.com/WorldWifi_ICO
My bitcointalk profile details,
Name : kalindu
Bitcotalk link : https://bitcointalk.org/index.php?action=profile;u=1503142
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