Wayru’s Decentralized Internet Network Goes Live

Wayru’s Decentralized Internet Network Goes Live
фото показано с : zycrypto.com

2022-8-15 19:44

Web3 Telecommunications Startup Wayru has finally launched its decentralized internet network and Genesis hardware devices. This will usher in a new era of connectivity where anyone can buy its Hotspot Pool Tokens to support the network or even become a bonafide network participant by purchasing one of the first 1,000 Genesis hardware devices.

Despite the UN declaring internet access as a fundamental human right, only 35% of the population in developing countries have access to reliable connectivity. The lack of internet access has created an opportunity for startups like Wayru to make an impact by providing blockchain-based solutions to the problem.

With the help of the Algorand Foundation and other top investors, Wayru has developed a radical new globally-compatible hotspot network and a hardware device (known as Genesis) for individuals to share their internet connection in exchange for cryptocurrency.

This model allows communities, entrepreneurs, and small businesses to build, own & operate Internet networks independently. The project’s central goal is to eliminate the exorbitant operational cost that customers of centralized internet networks bear.

All transactions, including telecommunications, processing, and other transactions on the network, will be handled on the Algorand blockchain. At the same time, the entire project will be powered by Wayru token, which runs on the Algorand blockchain.

Wayru Hotspot Pools

Wayru Hotspot pools are a hybrid network of Hotspots with cutting-edge radio fiber-quality mesh technologies. The pools will first be deployed in the densely populated but poorly connected Latin American cities of Quito and Guayaquil and cover millions of people’s businesses, homes, and public spaces.

There is no setup cost and a free first month of use for early adopters. Users can invest in these pools easily and start earning the project’s native token, $WRU. Pools comprise at least 1,000 hotspots, and users can invest by buying the Pool Tokens. The number of tokens per pool depends on its location and the number of Hotspots in it, but the more tokens you have, the more reward you will get.

For every revenue generated from using the network, 40% is used to run the network. In comparison, 60% is distributed between Wayru and Pool Token Holders, with holders receiving exactly two-thirds and Wayru one-third. You can buy the first batch of 10,000 Pool tokens available at $50 per token. Pool tokens can be purchased using WRU, ALGO, USDC, or USD.

Wayru Genesis Device

The Wayru Genesis device lets users share their internet connection for crypto rewards. They will be on sale from Tuesday, August 9th, and are expected to ship in late Q3 2022. Those who buy the first batch of devices will enjoy an early-bird reward of between $50.00 and $100.00 worth of WRU, so the earlier, the better.

WRU Tokens

WRU tokens with a maximum supply of 10 billion tokens will be minted as genesis but locked to the network until network use commences, after which the token will be distributed as rewards for hotspot pool token owners operators, and stakers, for their contribution to the network.

During the presale in early 2023, 100 million tokens equivalent to 1% will be released, while the remaining tokens will be distributed as rewards over the years. The presale will kick off on 9th August 2022, with the first 1,000 Genesis hardware devices and Hotspot Pool tokens offered to investors.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Santiment Network Token (SAN) на Currencies.ru

$ 0.0865709 (-0.22%)
Объем 24H $210
Изменеия 24h: 9.95 %, 7d: 19.49 %
Cегодня L: $0.0865709 - H: $0.0865709
Капитализация $0 Rank 5672
Цена в час новости $ 0.1272 (-31.94%)

network genesis hardware wayru devices decentralized internet

network genesis → Результатов: 75


Bentley выпустит лимитированную NFT-коллекцию

Производитель премиум-автомобилей Bentley сообщил о предстоящем в сентябре 2022 года дропе Genesis Bentley NFT ограниченным тиражом. Today we announce our first venture into the NFT marketplace with a one-time NFT drop on the carbon-neutral @0xPolygon network, scheduled for September 2022 and limited to just 208 pieces.

2022-6-23 18:01


Фото:

IOTA launches limited edition Shimmer Jersey and Genesis NFTs

Last Tuesday, IOTA (MIOTA/USD) officially unveiled Shimmer, an incentivized staging network with a native token $SMR of practically limitless potential. Today, they are launching a limited edition Shimmer Jersey and 11,111 Genesis NFTs, which come with a roadmap and a set of exclusive perks to accelerate the creation of a whole ecosystem, Invezz learned from […] The post IOTA launches limited edition Shimmer Jersey and Genesis NFTs appeared first on Invezz.

2021-11-23 19:16


StackSwap Completes $1.3 Million Round To Implement The World’s First DEX On Top Of The Bitcoin Network

StackSwap’s plans to launch the first decentralized exchange on the Bitcoin network just finished their first private round. After raising $1. 3 million, with a leading investment from the Stacks Foundation, and major international investors such as HashKey, Genesis Block Ventures (GBV), and SOSV, the project is set to launch in November.

2021-11-5 14:38


Венчурная компания GBV купила разработчика сайдчейна Ethereum

Венчурная компания Genesis Block Ventures (GBV) приобрела стартап OMG Network, стоящий за разработкой решения по масштабированию блокчейна Ethereum. Об этом говорится в сообщении на сайте фирмы.

2020-12-5 18:32


Гонконгская компания Genesis Block приобрела OMG Network

OMG Network, решение второго уровня для масштабирования сети эфириума, было приобретено компанией Genesis Block Ventures (GBV). Об этом сообщается в блоге GBV. GBV является дочерней компанией Genesis Block, гонконгской компании по внебиржевой торговле криптовалютами.

2020-12-4 16:10


Почему цена токена OMG Network поднялась на 15%?

Ориентированная на криптовалюты инвестиционная компания Genesis Block Ventures (GBV) приобрела криптовалютный проект OMG Network (OMG). Об этом компания сообщила у себя на официальном сайте. По утверждению GBV, несовместимость Plasma (фреймворка для создания дочерних сетей на блокчейне Ethereum) Ethereum Virtual Machine мешает развитию индустрии децентрализованных финансов (DeFi) и затрудняет массовое внедрение DeFi.

2020-12-5 12:48


Фото:

Ethereum Marks 5th Birthday Amidst Impressive Price Gain and DeFi Boom

The Ethereum Foundation team celebrated the 5th anniversary since the official launch of the Ethereum Network dubbed Ethereum 1.0 (when the genesis block was created). The official celebration post focused on the many milestones, achievements, and challenges that have occurred within such a short period and what’s more to come. “In these five years, Ethereum […]

2020-8-1 15:38


Фото:

Cardano (ADA) Launches Shelley Network Testnet 

Cardano (ADA), the 12th largest distributed ledger technology (DLT) project in the world, has achieved another significant milestone in its journey towards full decentralization. The Cardano team has successfully launched the networked Shelley testnet, which it says is the first decentralized implementation of the Ouroboros Genesis consensus algorithm, according to a blog post on SeptemberRead MoreRead More.

2019-9-28 09:00


Bitcoin’s biggest advantage is its network effect, says Monero’s Riccardo Spagni

Bitcoin [BTC], the largest cryptocurrency by market cap, marked the first decade of decentralization this January 2019 by celebrating the 10th anniversary of its genesis block generation. Over the years, Bitcoin grabbed the attention of retail investors, institutional investors, regulating bodies and even powerful government bodies across the globe.

2019-6-4 07:37