The Advantages of Investing in ICO and the Competitive Edge offered by OPP Open WiFi
Unless you have been living on the moon for the past year, you will have heard of Bitcoin and the effects it has had on the financial industry in recent times. Whether you have bought some yourself, or have simply heard about it on social media, there is no denying that Bitcoin is one of the most talked about topics of this decade.
As it is relatively new, the discussion about Bitcoin and ICO investing ranges from praise to criticism, whereby it’s the individuals with a keen eye for potential growth, who are the ones acclaiming it. On the other hand, the criticism comes from the lack of experience ICO’s have within the market and the high risk that is expected when investing into these projects. However, with hundreds of new ICO’s being created every day, what makes one more appealing than another?
OPP Open WiFi — What we do
Clearly, a company needs to stand out and offer something unique if it is to be successful within this market, which is exactly what we do at OnPolePosition (OPP) Open WiFi. We are offering something that has never been done before — a global, free to access, WiFi hotspot network that allows people to connect to WiFi, wherever they are.
What makes us different?
Based on a survey, we found out that 80% of mobile phone users do not use all of their mobile data within any given month. This means that there are masses of data going to waste. Thus, we came up with a solution whereby consumers get paid back for all the data that they do not use, eliminating any of this unused data and using it effectively.
Not only has our solution not been done before, but our track record also shows that we have professional experience in the WiFi market. Since 2014, we have been distributing hotspot boxes to business throughout the UK and Europe, designed new hotspot technology, and created a WiFi sharing app for smart devices so WiFi can be shared on the move.
Furthermore, in 2018 we surveyed 100,000 homes in the UK asking for feedback regarding our idea — and the response was phenomenal. We had 76% of respondents happy to learn how they can get paid for donating their unused data, which clearly shows how much faith the general public have in our project.
4 Basic things to consider when choosing an ICO to invest in
The ICO market place is fast moving and complex. There are many key things to research in order to find the most promising ICOs. Here is a list of the 4 most basic things to look for.
The company.
Many ICO’s are start ups, a team of people with an idea, good intentions and ambition. All of these things are commendable. However, would you feel more comfortable if the company behind the ICO is well established in their field with long term success and a strong experienced management team?
This describes the OPP team. The team have worked together in technology and marketing based solutions for more than 10 years! OPP have been developing WiFi Hotspot technology since 2014 and support many customers across 15 different countries today!
The Product
Read the White Paper of any ICO you are considering. Is the product clearly described? Do you understand what it does? Do they have it working? Many White Papers are written to be incomprehensible, where having read it one finds oneself utterly baffled. This often means that the people behind the ICO don’t have the product or a prototype ready yet, it can even mean that they don’t fully understand it themselves.
Our product is live and has been providing guest WiFi for our business clients around Europe for several years. We are also developing a version which will work with Smartphones. Our tech updates are continually updated on GitHub so that our followers can track our progress.
Target Users
A key indicator to the likely success of an ICO is their understanding of who their end user customers are. If the White Paper does not spell it out in simple clear terms, then you need to ask why.
OPP Open WiFi knows exactly who we want to talk to. We will broadcast to 500 million Smartphone users. From those people we will find 25 million who will join us as Hotspot Hosts and allow us to help pay their monthly bills in exchange for sharing their unused data!
Problem vs Solution
Does the White Paper describe the problem that the company is setting out to solve? If they are not solving a problem then there is no demand for their product! Simple!
Because for many years the OPP team have worked in the sphere of communications, guest WiFi and marketing, we have been acutely aware of this problem for some time.
2.5 Million of us carry smartphones. We all have to pay that monthly bill, yet on a daily basis 76% of us find ourselves in a position where we cannot get online, or where we cannot get online unless we pay again! Now consider this — 80% of us do not use all of the bandwidth (data) allocated to us on our mobile phone contracts or home / business ISP contracts. What an incredible waste!
Our solution? We have created technology which allows Smartphone users to monetise their unused data in exchange for making it available to our global, open, public WiFi Hotspot. An elegant solution that utilises and monetises a previously unusable resource that will also make the day to day lives of millions of people that little bit easier!
Risks of Investing in an ICO
Lack of Regulation
You cannot discuss the benefits of ICO investing without mentioning the risks.
A great deal of press has highlighted concerns of lack of governmental regulation in the ICO markets.
If you do your due diligence, read the white paper, genuinely understand it, do your research online to inform yourself about blockchain, smart contracts etc, then you will be on your way to making a smart and informed investment.
Successful investors today are doing exactly that. As a result they have forced the quality of ICO’s higher than ever before. This self regulation is a great sign that ICO and crypto markets in general are here to stay and beginning to mature.
Final Thoughts
Ultimately, there are going to be risks when investing into any new ventures, but you should not let the fear of failure prevent you from succeeding within this ICO market. There is a reason that there are countless new ICO’s forming every day, people are understanding that ICO’s are going to be the next big thing in the financial industry. We are still in the early stages of the cryptocurrency lifespan, so don’t be the one who misses out!
