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Author Topic: 🔥⭐[ANN] WiC|Monetizing WiFi Sharing| ⭐🔥 App Launched! 🔥⭐  (Read 146263 times)
EleanorZ
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August 28, 2017, 06:31:23 AM
 #1641

Sorry guys I have another question, sort of new to the crypto world. So once I pay and receive the tokens, I'm assuming it's going to be in Eth. How will I then exchange it to WiC to trade with? I'm sure this has been answered so maybe point me to a resource would be fine. Thanks.

Not quite. Ethereum is a blockchain platform on which other applications can run. WiC tokens are Ethereum ERC20 tokens--that is, WiC is an independently developed project whose tokens run on Ethereum's blockchain. There is no WiC independent of the Ethereum blockchain (this is not unique; e.g., EOS, GNT, PAY, OMG, 0x, and many other big names are Ethereum tokens).

So, you paid X amount of money to the WiC devs in BTC, LTC, or ETH (in this case, ETH is being used simply as a 'coin'), which entitles you to Y number of WiC tokens. When you bought your tokens, you had to specify an Ethereum ERC20-compatible address--that is, you need an Ethereum wallet that supports tokens that run on the ERC20 standard. Later, when WiC tokens are distributed, they will be sent to this address. Since they are Ethereum ERC20 tokens and not something with an independent blockchain, you will always use an Ethereum wallet to manage them. You would trade these tokens--no additional exchanging. The tokens you receive into your Ethereum wallet are as real as your WiC will ever get.

More resources on Ethereum tokens here:

https://blog.coinbase.com/a-beginners-guide-to-ethereum-tokens-fbd5611fe30b

https://blockgeeks.com/guides/ethereum-token/

Retired
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August 28, 2017, 09:46:13 AM
 #1642

This business idea is clearly disruptive.
It's a very effective way to to break the 4G monopoly from telecommunication companies and giving it back to the regular users.
This is like the Uber for internet Wifi access.
Doing things right, the market cap for this one could worth several billions!
Reaching considerable public adoption, this will make initial investors a fortune.
It's a great business idea indeed.
Lambo06 (OP)
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August 28, 2017, 10:09:33 AM
 #1643

3 days remaining in the presale. Around $75,000 left in stage 4 pricing.
CryptoRobert
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August 28, 2017, 12:27:20 PM
 #1644

On which day of the week are the signatures for the signature campaign counted? In other words, from which day of the week to which day do you have to make 14 posts?
Lambo06 (OP)
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August 28, 2017, 01:20:01 PM
 #1645

On which day of the week are the signatures for the signature campaign counted? In other words, from which day of the week to which day do you have to make 14 posts?

From the day of your joining the campaign.
CryptoRobert
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August 28, 2017, 02:24:41 PM
 #1646

On which day of the week are the signatures for the signature campaign counted? In other words, from which day of the week to which day do you have to make 14 posts?

From the day of your joining the campaign.

Thanks. I had just realised I have missed to meet the 14 posts for one week since I didn't get the stakes, now that I know when they are counted I won't make the same mistake again.
Superdrac
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August 28, 2017, 04:10:27 PM
 #1647

Where will we receive our coins at the end of the presale ?  Huh
Lambo06 (OP)
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August 28, 2017, 04:38:28 PM
 #1648

Where will we receive our coins at the end of the presale ?  Huh

Hey,

1) Your tokens will be sent to the address you mentioned in the "Your Ethereum ERC20 compatible address" field in the presale form.

2) You will receive the tokens after the token sale on livecoin.net is completed.

Thanks!
sixexgames
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August 28, 2017, 04:53:12 PM
 #1649

This looks interesting. I seem to be a bit late to the party, when does the signature and social media campaign end?

imjustsayintho
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August 28, 2017, 05:23:23 PM
 #1650

This looks interesting. I seem to be a bit late to the party, when does the signature and social media campaign end?

You're not late at all, presale still going!


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Rader
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August 28, 2017, 05:35:40 PM
 #1651

I've read the whole post 2 times but still dont understand the project, can someone please explain it to me?
Lambo06 (OP)
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August 28, 2017, 06:22:52 PM
 #1652

I've read the whole post 2 times but still dont understand the project, can someone please explain it to me?

Hey,

We have developed a monetized WiFi sharing app. So basically you could share your existing WiFi network securely with others and get paid for it or if you want to use someone else's network pay them directly in Wi Coins and use it.

Check out our explainer video - https://www.youtube.com/watch?v=dWiB_OMk0Ys
Lambo06 (OP)
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August 28, 2017, 08:28:16 PM
 #1653

Lambo06. New investor here just completed my purchase.

Question: How will WiC adjust to the market? In other words let's say $1 buys you 100 WiC to use for WiFi, if the price of WiC doubles, $1 will only buy 50 WiC. Will WiFi sellers need to just adjust to the market or is there an automatic price adjustment that adjusts WiC to USD?

Also, how will the system handle the psychological aspect of a buyer seeing that their dollar now buys less WiC even though less WiC will be required to use WiFi so their buying power is still the same but the perception is they could get less.

Hey, welcome Smiley

So as of now, the price can be adjusted by the uplaoder anytime and is displayed in WiC in the app. However we plan to add a feature where the user could set a custom price in USD and the WiC price will be adjusted according to market rates.

As for the psychological factor, I don't think we can do a lot about it but displaying the price in USD might help a bit.
DreamBusto
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August 28, 2017, 09:08:28 PM
 #1654

Hi there - this sounds like an interesting project!  I'm looking to learn more about the 3 people listed as part of the team. A quick google search came up with nothing... where can I find out more about Ronald (Founder), Catherine (Marketing), and Deepak (Dev)?
imjustsayintho
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August 28, 2017, 10:32:03 PM
 #1655

Could be useful for WiC after distribution of tokens.
https://medium.com/@the0cean/announcing-the-0cean-85ae78e9bc58


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Lambo06 (OP)
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August 28, 2017, 10:59:46 PM
 #1656

Hi there - this sounds like an interesting project!  I'm looking to learn more about the 3 people listed as part of the team. A quick google search came up with nothing... where can I find out more about Ronald (Founder), Catherine (Marketing), and Deepak (Dev)?


Hey,
The team is actually bigger than what is posted and only the lead from each department is posted. We are getting legal advise and also hiring some legal experts because of the complex environment regarding Token Sales and will publish details once we get the go ahead from legal. You might, for example, know that making an app (that too this complex) is not a one man job and Deepak is just the development team lead. There are around a total of 12-15 members in the team including full time employees, independent contractors and interns. Also, we have actually gone ahead, spent money and time and developed a real product the demo video of which has been posted. Also, both the Presale and the Token Sale will also be fully escrowed by highly reputed members of the community for your safety.
Stroto
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August 28, 2017, 11:02:56 PM
 #1657

Lambo06. New investor here just completed my purchase.

Question: How will WiC adjust to the market? In other words let's say $1 buys you 100 WiC to use for WiFi, if the price of WiC doubles, $1 will only buy 50 WiC. Will WiFi sellers need to just adjust to the market or is there an automatic price adjustment that adjusts WiC to USD?

Also, how will the system handle the psychological aspect of a buyer seeing that their dollar now buys less WiC even though less WiC will be required to use WiFi so their buying power is still the same but the perception is they could get less.

Hey, welcome Smiley

So as of now, the price can be adjusted by the uplaoder anytime and is displayed in WiC in the app. However we plan to add a feature where the user could set a custom price in USD and the WiC price will be adjusted according to market rates.

As for the psychological factor, I don't think we can do a lot about it but displaying the price in USD might help a bit.

Displaying it in USD would help a lot, but displaying it in the currency according to the location would be even better.

Even more better would be that an Wi-Fi provider in Europe would set its price in EURO but an American traveler would see the $$ price. Or any nation in the world obviously.
Lambo06 (OP)
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August 28, 2017, 11:03:57 PM
 #1658

We have updated our website, check it out: https://www.cryptowi.com/ (Use a laptop/PC)

Let us know how it looks Smiley
kashish948
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August 28, 2017, 11:21:14 PM
 #1659

We have updated our website, check it out: https://www.cryptowi.com/ (Use a laptop/PC)

Let us know how it looks Smiley


good job looks much better  Wink
MorrizeN
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August 29, 2017, 01:21:11 AM
 #1660

I have sent my payment to the address i received on my email. How do i receive my coins ?  Huh
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