Monetizing WiFi Sharing

cassano
3 min readJul 28, 2017

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website: www.cryptowi.com.

Wi Coin (WiC) is a coin that will bring crypto to the masses. Today, 99% of the people involved in crypto currencies use it either as a speculative asset or hoard it with a dream of becoming a millionaire overnight. This is the primary reason for the lack of adoption and WiC is a coin that will solve this issue. WiC will give the average person a reason to buy and use crypto in his everyday life. Introducing the killer app of the crypto world, “CryptoWi”, an app which rewards its users in Wi Coins (WiC) for doing what they do every day, use their Wi-Fi! This is how it works:

First, you will need to create an account to use the app and earn and store your WiCs.

Second, the user can upload passwords of the Wi-Fi connections from the “WiFi” tab as shown above. The user is awarded 100 WiC per correct password uploaded in order to grow the network initially. The user will also be able to set a custom price in WiC for each of these networks. Anybody who wants to connect to these networks will have to pay this amount and it will be credited to the original password uploader. This gives an added incentive to people for not changing the password and helps the community grow larger. 5,000,000 WiC have been reserved for distribution to the users in the early stages of the app to grow the user base. At 100 coins per password, this will be 50,000 passwords.

The “Map” tab shows the number of available WiFi passwords at any location in the world and can be searched for by the user. The user will also be able to navigate to these wifi spots in offline mode in the future.

Token Name: Wi Coin
Ticker: WiC
Total Supply: 100,000,000 coins

The coins will be allocated as below:

Token Sale: 90% or 90,000,000 coins
In App Distribution: 5% or 5,000,000 coins
Team: 3% or 3,000,000 coins
Bounties: 2% or 2,000,000 coins

website: www.cryptowi.com.

My BitcoinTalk: https://bitcointalk.org/index.php?action=profile;u=988093

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