OPP Open WiFi Weekly Update: August 9, 2018

The past week has been surreal. There’s been a huge surge in activity across several sectors for OPP. Thousands of new people have joined our network of Hotspot Hosts, and our social media communities have similarly grown by the thousands. And did we forget to mention that OPP Open Wifi made its first $1 million token transaction?

Here are some details on what went on over the past week.

Massive growth spurt: 19k Telegram channel members and over 50k website sign-ups

The OPP community has been growing exponentially. Our Telegram channel just passed 19,000 members, and we have surpassed the 50,000 mark for sign-ups on the website — that’s over 50,000 people who are either waiting for the public sale or offering to become Hotspot Hosts.

More investments coming in as public sale draws near

Project fans and Hotspot Hosts are not the only ones who have taken notice — we’ve also been getting unprecedented levels of attention from investor groups, both large and small. Because of this, we have decided that we needed to call for reinforcement — someone whose experience and skill would be a valuable asset to OPP’s rapid and unstoppable growth.

This brings us to our next point.

Dr Karim of Mirak ICO Consulting joins the OPP league

We are proud to announce that Mirak CEO, Dr Karim, will now be handling large investors for OPP! Dr Karim will be joining our panel of experts to ensure that we grow the right way, and fast. Dr Karim has over 25 years of tech experience and has several investments under his belt.

Upcoming progress

We have completed a video and a product page to help onboard people into our technology; this will go live on the website in a few days. Additionally, Hotspot Hosts will get a chance at an opportunity to earn more tokens through our Youtube competition, which is open to both our Bounty Hunters and our loyal community members.

Valuable insights for further growth

To ensure that the project stays updated with the realities of the market, we continuously aim to gather information and insights that propel our growth in the right direction. We are happy to share that we have successfully gathered valuable information from a survey of 750,000 people. And this is what we found out.

With regards to internet access:

• 92.33% own a smartphone.
• 75% would be open to sharing their unused bandwidth, provided they are fully informed of how it works; only 25% said no.
• 91% agree that creating a global, open WiFi Hotspot will help people gain access to the web.

In terms of investing in tech startups:

• 85% have never invested yet; 15% have already invested, or have at least thought about it.
• 51% are risk-averse; 16% are willing to take small risks for small returns; 23% take moderate risks for expectations of moderate return, and 10% are playing for high returns.
• 36% of investors play for the long term; 47% for short-term; and 17% had other responses.
• Over a 270-day investment period, 6% of investors would be happy with a 5% return, 31% want a 25% return, 30% demand a 50% return, and 33% won’t be satisfied with any amount since they don’t invest.

Overall finding: investors

Despite erratic perceptions of the cryptocurrency industry, investor confidence is coming back strong. The positive reception OPP got from the public, and the influx of queries from investors serve as solid testaments to this.

While the cryptocurrency hype has simmered down and dragged retail investors interest along with it, the right projects still turn heads from the right investors. And OPP sure has been turning a lot of heads!