Wicrypt Network Announces $WNT IDO On Cardano’s OccamRazer Decentralized Launchpad

Ayush Sharma
Wicrypt
Published in
3 min readNov 10, 2021

Wicrypt is proud to announce its $WNT launch on one of the most prominent decentralized launchpads, OccamRazer, on the 2nd December 2021.

Elliot Hill, Head of Communications at Occam.fi, says: “Wicrypt is emerging in both technical and societal aspects, changing the way users access internet services through the power of decentralization. We will leverage our expertise in the Cardano ecosystem to ensure that Wicrypt’s IDO is a resounding success.”

On Wicrypt, users can download the app and provide WiFi through their mobile device or purchase a unique, custom-built Wicrypt Hotspot Creator device. WiFi and internet service providers can design their user journeys through their Wicrypt dashboard by offering surveys, ads, and collecting customer data. Wicrypt-connected devices are all represented by unique NFTs (Non-Fungible Tokens) on the blockchain. Data points transmitted through the devices are represented on the blockchain through the NFTs in real-time on the Wicrypt block explorer. While the WiFi user pays Wicrypt hosts for accessibility, Wicrypt additionally incentivizes hosts with its native token, $WNT, for high device up-time.

A Successful Funding Through Oversubscribed Funding Rounds

Wicrypt has recently concluded its funding round with a strategic USD 1.5 Million from various leading investment funds in the blockchain space led by AU21 Capital, with participation from Polygon founder Sandeep Nailwal, Cardano’s Occam, Inclusion Capital, Outlier Ventures, Chain Capital, Pluto Digital Assets, Omega Ventures, N7 Labs, and PolkaFoundary.

Ugochukwu Aronu, CEO of Wicrypt Network, says:At Wicrypt, we are passionate about bringing secure, cost-effective, and seamless connectivity to everyone, anywhere in the world. We can empower users to share and monetize their data through blockchain, regardless of individuals, businesses, or local communities. We’re looking forward to launching $WNT on OccamRazer, and welcoming their vibrant and ever-growing community to our ecosystem.”

Join all our social platforms and stay tuned to keep an eye on all the latest updates regarding the $WNT IDO rather than missing your chance to participate in this exciting event.

We hope that this IDO will be an excellent experience for the entire team of Wicrypt and help us make successful strides in decentralizing the global WiFi Hotspot space.

About OccamRazer

The Occam.fi ecosystem is managed and maintained by the Occam Association, a Switzerland-based entity operating from the crypto-friendly Canton of Zug. When the Occam.fi ecosystem grows sufficiently, Occam.fi will be governed and steered by a carefully designed decentralized autonomous organization. Occam.fi is the first decentralized launchpad designed for the Cardano ecosystem, built with expertise and care from a veteran team of blockchain entrepreneurs and professionals. Learn more at www.occam.fi.

About Wicrypt Network

Wicrypt is a decentralized mobile internet sharing and monetization network, allowing anyone to get paid for sharing their WiFi. Wicrypt is the first African company to build a peer-to-peer infrastructure for sharing mobile internet data without need for third-party integration. WiFi can be shared via Wicrypt’s custom, affordable Hotspot Creator or mobile devices, while providers can tailor unique experiences, including surveys and ads, while collecting customer data. An already profitable company, Wicrypt has an exclusive partnership with the city of Enugu, Nigeria, to provide last-mile internet service to its citizens.

Wicrypt has an international team with experience working for some of Africa’s largest employers, including KPMG, Chevron, Accenture, Nielsen, and MTN Group, and is headquartered in Enugu, Nigeria.

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