Hi, crypto-guys! Good news for those who are used to using the Internet from their laptop, tablet or smartphone in cafes, banks and shopping centers. Now we have more opportunities for access to the Internet. IUNGO.NETWORK will help us to be online anywhere. They build a decentralized global wi-fi network in which everyone can participate, including you.
Business of all sizes, city municipalities and homes can generate additional revenue by providing bandwidth to the Iungo network.
Anywhere on the planet cafes, restaurants and retail outlets through to hotels, corporate campuses, public spaces and concert venues can begin sharing effortlessly with the plug and play Iungo solution. Even individuals on the move can earn by providing bandwidth to the IUNGO Network from their mobile phone whether at the airport, beach, or a city park. Behind the scenes a distributed network of service gateways takes care of all payments and administrative aspects.
This multitude of interactions creates a competitive, free market, highly liquid token based economy where providers are incentivised to contribute bandwidth at a very low cost and often free of charge.
This benefits the contemporary consumer: a modern generation of travelling professionals, tourists, digital nomads and anyone on the move who all expect fast, hassle free, unlimited internet access at a low cost wherever in the world they are.
At the moment, the project passes ICO.
The model of building a business and determining the value of a token in the future is of interest:
BUSINESS MODEL
IUNGO will charge a 3% transaction fee from WiFi service providers. Additionally 1% will go to the Service Gateway operator (anyone can operate service gateways). This one percent will be distributed equally between all service gateways in a situation where multiple gateways are involved in the transaction chain. Additionally, 1% may go to local evangelists as a referral bonus. The remaining 95% (or 96% in cases when there is no referrer) of the end user payment will go to the WiFi service provider. Payments for the service will be made with ING coins within the system. Coins will be available on a variety of exchanges. The service gateway will have integrations with major exchanges to get ING coins instantaneously in real time for a seamless user experience. ING coin owners can either use tokens for the service or sell them on Exchanges. Despite the increasing usage of the IUNGO network and increasing numbers of users, the supply and total number ING coins remains limited t, so the value should grow in parallel with the growth in adoption and usage of the network. The Wifi Internet price is not directly related to the ING coin price. The price will vary due to a variety of market specifics and other factors. The ING Token will be used as a medium of exchange between fiat currency and the service provided.
Local evangelists, tech support program (Geographically based IUNGO ambassadors affiliate program) will receive 1% of transactions they are involved with. A substantial amount of budget will be allocated for public awareness, consumer marketing and B2B sales and marketing. The HORECA and MICE industries (events, exhibitions) will be a particular area of focus for these campaigns. We are establishing ongoing cooperation with router manufacturers and firmware developers. With a goal of custom hardware creation after the second funding phase. A bounty program will be established with funds for coverage. Initial coverage on demand. Different geographical areas will have regional pricing suggested by the IUNGO service gateway, but each provider will be able to overwrite this price creating marketplace dynamics WiFi providers who choose IUNGO will be provided with industry leading tools to generate metrics for the business owner - retention, returning customers, usage stats, abuse counter measurements (web, https, email), bandwidth limitation.
Also to the project in the role of advisers joined DYLAN SHARKEY (Senior Advisor at IUNGO. Former Head of Sales Solutions at Linkedin – the largest global business oriented social network.) and ROBERTAS VISINSKIS (Blockchain advisor at IUNGO. Founder of Mysterium Networks, a decentralized VPN powered by blockchain.)
You can also always be part of this interesting and large-scale project.
For more information, please visit Link:
· Web-site: https://iungo.network/
· ANN bitcointalk: https://bitcointalk.org/index.php?topic=2196784.0
· Facebook: https://www.facebook.com/IUNGOnetwork/
· Twitter: https://twitter.com/iungonetwork
· Telegram: https://t.me/IUNGO
· WhitePaper: https://iungo.network/docs/iungo-network-whitepaper.pdf
This article was created by Tktktk: https://bitcointalk.org/index.php?action=profile;u=1119627
The article is published for participation in the marketing program. Investments in the crypto currency are high-risk. Never buy cryptocurrency for the amount you are not ready to lose.
