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What is Open WIFI?

Open WIFI is a new block chain based company aim to build a worldwide largest open WIFI community where users will be able to earn money by sharing their unused data with others as WIFI hosts.

Over 25 million users worldwide use internet in their mobile phones, some pays their bill as prepaid and some used postpaid billing system. Most of them do not consume full bandwidth that is huge waste of money and they are building a system where these peoples will be able to monetize their data as Open WIFI host. It would be available for users who do not afford it and anyone who is near will be able to access it.
How everything will Work in Open WIFI System?

Open WIFI System team is working to create an app that will make all work easier. If you are active for 1 hour as host you will get certain amount of OPP tokens in your wallet. More than one device also allowed so if you have more devices then you can earn more tokens. You will see daily payments coming in your wallet dashboard and later on you will be able to convert those tokens into real money like USD etc.

For becoming a part of Open WIFI System, you have to simply download an App that will be available in September 2018. Through three ways you will be able to earn tokens; first way is to simply open app and makes your device work as Hotspot host, second way is to promote open WIFI system, 3rd method is to view messages from open WIFI advertisers.
Open WIFI System team has done survey in which they asked different questions like

How you frequency access your internet?

How much Data Cost you each month?

Do you want to donate your data?

After getting positive response from audience they consider it to really build an Open WIFI System in a block chain system where every work will be transparent to users.
How they are going to achieve this?

By using smart contracts they are achieving this; every host will be given a certain activity, he will get his reward right after he completed his activity. In secondary contract, hosts will see messages from advertisers for earning OPP Tokens and advertisers will put up push messages. Every transaction will be processed through Escrow smart contracts and every data will be secured in OPP cloud server.
Block Diagram:

What would be the value of the token in the future?

Three types of revenue sources forecasted ; First one is transactional commission, when anyone exchange their tokens then 10% revenue will goes to the system that will boost up price of token. Second is affiliate marketing commission they will run an affiliate campaigns in their website that will boost up price of token. Third and last way is advertisement revenue, banner and other type of ads will add up revenue in the system that will boost up the price of token.
Token Structure:

Token Type : ERC20
Total Supply : 4.165 Billion
Operational Cost : 10%
Marketing and advertisement : 50%.
Advocates and advisory : 15%
ICO Price : 0.2$ to 0.4$

Token Sale :

Stage 1 (June 1 - June 22): 40%

Stage 2 (July 23 - July 29): 35%

Stage 3 (July 30 - August 5): 30%

Stage 4 (August 6 - August 12): 25%

Stage 5 (August 13 - August 19): 20%

Stage 6 (August 20 - August 26): 15%

Stage 7 (August 27 - August 2): 10%

Stage 8 (September 3 - September 9): 5%

Phase 9 (September 10 - September 14): 2.5%

Team Members: