OPP Open WiFi, a blockchain-backed global community of WiFi hotspot hosts and providers, has officially announced its Initial Token Offering (ITO) beginning on June 1, 2018. The sale will be divided into three rounds, starting with a private sale and ending with a public sale with incentivized bonuses rewarding early-bird contributions.

OPP tokens, which are an essential element of the platform, will be sold from a total ITO supply of 142 million tokens. The hard cap for the entire sale is set at £30.5 million. The standard sale price of one OPP token will be £0.30. During each round, unsold tokens will be added to Hotspot Host payment pool, which will reward hosts on the platform.

What Is OPP Open Wifi?

The OPP Open Wifi is a community service that has the objective of reaching a global audience in offering quality wifi for people in any place. Many people around the world are in need of wifi as there are more than 2.5 billion smartphones being used today.

Unfortunately, we pay for a lot of data but we do not use all of it, so we are paying for more data that we are actually using and the OPP Open Wifi decided that it could solve this problem easily by creating hotspots that people could use and pay only some cents for the internet that they actually used.

While on the surface it may seem as though OPP Open Wifi is straightforward, there are 6 things you should know about the network and how it will make its impact.

• Built on an Already Successful Business: The framework for OPP Open WiFi is built on success of the OnPolePosition Limited company which has developed hotspot technology since 2014. Their hotspots are used all over the UK and Europe. Moreover, in 2017 they developed new hotspot technology specifically for the residence and a WiFi sharing app for smart devices that are static or in transit.

• Increasing Connectivity: There are just about 2 Billion people on social media, but most people (76%) find themselves without a reliable connection to the internet on a regular basis. By recruiting millions of people to be a part of a global hotspot network, OPP Open Wifi aims to increase WiFi accessibility for those who find themselves disconnected due to infrastructural issues.

• No Burden for Hotspot Hosts: For the millions of subscribers to Wifi access at home, work, and for mobile, OPP Open Wifi’s research shows that more the 80% of subscribers have unused (and prepaid!) data. By monetizing this data and allowing already paying internet subscribers to effectively share it through the OPP Network, OPP is functionally paying hosts to join and lower their monthly overhead. In short, there are more reasons to join the OPP Open Wifi network than not to.

• Your Time Is Paid For Too: Let’s say you want to get paid for more than your excess data, or you are a user who wants to monetize some of your time, OPP will pay you for reading messages from chosen sponsors! You even get to decide how many messages you want to receive and you are paid accordingly. There is also a referral bounty program, rewarding users and hosts alike to bring more people aboard, further connecting the world through internet accessibility.

• Focused on R&D: The team is dedicated to making this global WiFi network a reality. They are taking 25% of their raised capital to invest into the continual evolution of WiFi technology and the development of better customer experience. R&D is a crucial investment for all emerging technologies trying to impact the lives of hundreds of millions of people.

• Great Tokenomics for a Dynamic Business: The team plans on harvesting 10% of tokens used from exchange commissions, affiliate retail commissions, and advertisers to pay for the infrastructure and operating costs of the network. The other 90% of the tokens will be utilized in the WiFi exchange occurring between users and hotspot hosts.

OPP Open WiFi’s Mission

OPP Open WiFi will utilize blockchain technology to incentivize people to become Hotspot Hosts to help build a free to access, open and secure global decentralised WiFi hotspot which will have a positive effect on the daily lives of hundreds of millions of people. The Hotspot Hosts are everyday people that pay for mobile data, pay for WiFi access at their homes or at work.

OPP Open WiFi will pay hosts daily for making part of that data available to their global network.

In order to become a Hotspot Host you need to download OPP’s mobile app or request a home / business router from their website. The first 100,000 routers will be provided completely free of charge. There is no fee to join the network.

The idea comes from years of hands-on experience in the industry. In 2011, the team developed a WiFi Hotspot device which gave their clients the ability to provide branded and secure public WiFi to their customers. Previous clients include The British Army, Samsung, and PLB Group.

How it works

To become a Hotspot Host, you must register and download our mobile application or request a home / office router on our website. The first 100,000 routers will be provided free of charge.

You decide how much data you want to provide. Our application will activate the mobile hotspot function on your smart device and “OPP OPEN WIFI” will be seen by guest users who want to access the web. This system is completely safe for Hotspot hosts and guest users. This system is designed to work with home and professional WiFi.

You only need to make your Hotspot active for 1 hour per day to qualify for payment. We will pay you for each device you use to contribute to the global network. We aim to pay you enough to cover all or part of the cost of your internet provider and your cellular provider.

If you want to do a little more, it doesn’t matter. We pay you to read the message from the chosen sponsor. You tell us how many messages you like to receive every day and we pay you for each of your messages. If you join our sponsorship program, we will also pay you to share our media messages between your customers and your friends.

The more you can do to help us spread the word, the more we can help you.

OPP Open WiFi Features

OPP have created a cryptocurrency token with which they will pay their WiFi Hotspot Hosts, this token can be used to make purchases on Amazon or be converted into Pounds, Euros or USD.

OPP community can exchange tokens from their dashboard and use the value in a number of ways. Each time a member exchanges tokens OPP will make a commission on the transaction.

Each OPP Hotspot host will select the number and frequency of advertising messages they wish to receive. These messages will take the form of “push notifications”. Hotspot users will also see advertising messages as they log on the hotspot.

OPP advertisers will be billed for each push notification that they send and for each banner advert that is shown to hotspot 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.

How do I get paid?

We pay members of our community everyday using our OPP Token.
1 Token OPP = $ 0.40. Payments and billing are managed using blockchain self-fulfilling smartchain. Everyday when you share data, view sponsored messages or share posts, etc., you'll see an OPP Token added to your account. Please see our White Paper for a detailed explanation.

OPP Open Wifi Token ICO Details

The company is aiming for a total of $40 million USD from the Initial Coin Offering (ICO). The funds will mainly be used to buy hardware and to develop the technology that will be used on the company.

A total of 142 million OPP tokens will be sold and the discounts on the price of the tokens will range from 50% to 10%. The earlier you buy them, the cheaper they will be. VIP purchasers will be able to get exclusive discounts of 75%.

Important ITO Dates and Bonuses

• June 1: Founder’s Sale (50% Bonus); Target £0.5 million; 2.5 million OPP tokens allocated
• July 1: Pre-Sale (40% Bonus); Target £5.0 million; 23.3 million OPP tokens allocated
• August 1: Public Sale (35% – 10% Bonus); Target £25 million; 117 million OPP tokens allocated