Friday, November 22

In the wake of the surging interest in Decentralised Wireless (DeWi), the landscape of connectivity is undergoing a transformative shift. As traditional paradigms give way to innovative solutions, the emergence of pioneering platforms takes center stage, shaping a future where wireless access transcends boundaries and barriers. One such trailblazer, WiFi Map, is rapidly carving its path in this dynamic realm, capturing attention with its remarkable achievements and visionary leadership.

DeWi refers to a revolutionary concept that aims to redefine the way we access and utilize wireless networks. In contrast to traditional centralized approaches where a single entity or organization controls and manages wireless infrastructure, DeWi envisions a decentralized network where individuals, communities, and devices collectively contribute to and benefit from wireless connectivity.

DeWi app WiFi Map has reached an impressive user base of 168 million. This accomplishment solidifies WiFi Map’s position as a notable player in the Web3 and cryptocurrency space. The platform emphasizes seamless connectivity, privacy, and travel convenience.

Over the past six months, the introduction of its utility token, $WIFI, has driven substantial growth in app downloads for WiFi Map. The token has swiftly gained prominence, securing listings on major cryptocurrency exchanges such as OKX, Huobi, Gate.io, and Poloniex.

With a presence spanning more than 200 countries, WiFi Map solidifies its standing within the DeWi industry, offering access to over 10 million active hotspots and fostering a vibrant user community.

The rapid adoption of the $WIFI token is evident through its listing on top exchanges within just five months. This growth is further supported by its integration with Fireblocks, enhancing the security of all $WIFI-related transactions and services.

At the helm of WiFi Map’s innovative journey are two seasoned professionals, Denis Sklyarov as the CEO and Igor Goldenberg as the CTO. With a combined experience of over a decade in the industry, their leadership brings a wealth of knowledge and expertise to the forefront.

Denis Sklyarov expresses the monumental shift from Web2 to Web3, highlighting the overwhelming response to the $WIFI token and the strong backing from the global Web3 community.

He sees this as a testament to their commitment to leveraging decentralization, tokenomics, and DeFi to reshape the business landscape.

A recent successful token sale worth US$1.7 million in April paves the way for ambitious plans over the next 18 months, the company mentioned in a press release shared with AlexaBlockchain.

These plans include introducing new product features, expanding the eSIM service to cover 200 nations, integrating captivating $WIFI airdrop contests and real-time tasks, as well as forming partnerships with crypto projects and Web2 enterprises.

WiFi Map’s main goal revolves around boosting the adoption of $WIFI tokens and driving the evolution of the app economy.

The $WIFI token provides holders with unique advantages and utilities, including eSIM purchase discounts and rewards for contributing to the ecosystem.

It enhances utility compared to traditional data providers, playing a pivotal role in establishing a sustainable economy within the WiFi Map ecosystem while also bridging connections with the broader Web3 space.

Read Also: DeWi Startup Hexagon Wireless Secures $2M Seed Funding

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Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

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