@wicrypt @helium @getmntd_ @Kamino_Finance @redacted_noah @JSimanavicius 1/ Mission
2/ Products
3/ Token utility,
4/ Business model
5/ Vision & Context
5/ Team
6/ Tokenomics & Contract
7/ VC's
8/ Partners
9/ Roadmap
10/ Need for #DePiN
2/ Products
3/ Token utility,
4/ Business model
5/ Vision & Context
5/ Team
6/ Tokenomics & Contract
7/ VC's
8/ Partners
9/ Roadmap
10/ Need for #DePiN
1/ Wicrypt's mission is to create a peer-to-peer encrypted data sharing-economy platform that ditches oligarchy ISPN's censorship & high cost.
Plus, Solving Africa's network infrastructure biggest problems: Poor network availability, high fees & slow transaction speed.
Plus, Solving Africa's network infrastructure biggest problems: Poor network availability, high fees & slow transaction speed.
2/ A powerful products ecosystem built on blockchain-tech & NFT's:
- Hardware: Wicrypt hotspot Hub
- Firmware: WicryptOS
- Software: Mobile and webapps
👥 Hosts: Buy data, create hotspots, and mine $WNT through Wicrypt's platform
📶 Clients: Connect to hosts by paying in $WNT
- Hardware: Wicrypt hotspot Hub
- Firmware: WicryptOS
- Software: Mobile and webapps
👥 Hosts: Buy data, create hotspots, and mine $WNT through Wicrypt's platform
📶 Clients: Connect to hosts by paying in $WNT
@JB3RG_ @BallandiesMC @tabbypos @FilDAFinance @iotexan @Nittyberry1 @ForwardProtocol @TraderYuso @GhanmiChokri 2/ Solid platform with its own explorer & #data storage servers. Insights in how many blocks is mined, (blockchain) data, users growth & distributed rewards
🔌 More than 1067 devices running
🌐 In more than 31 countries & 92 Cities
Focusing Africa, but global interest already
🔌 More than 1067 devices running
🌐 In more than 31 countries & 92 Cities
Focusing Africa, but global interest already
@JB3RG_ @BallandiesMC @tabbypos @FilDAFinance @iotexan @Nittyberry1 @ForwardProtocol @TraderYuso @GhanmiChokri @ParrySondhi @cryptoleer @OllieAcuna @mitchliu @CryptoBusy @planetmindbody @geneon101 3/ Token utility reflects a healthy economic sustainable rewarding system with a win-win for all parties:
Wicrypt: Sells products for $WNT
Hosts: Must stake $WNT before selling tokenized data, start mining & earn $WNT.
Client: Pay for data and build rewards overtime in $WNT
Wicrypt: Sells products for $WNT
Hosts: Must stake $WNT before selling tokenized data, start mining & earn $WNT.
Client: Pay for data and build rewards overtime in $WNT
What I like about their utility mechanisms is the following:
1) It's all focused on attracting new users to ecosystem
2) Besides traditional staking, hosts are required to stake an X amount $WNT.. So the more devices, the higher TVL.. And the higher price valuation it will have
1) It's all focused on attracting new users to ecosystem
2) Besides traditional staking, hosts are required to stake an X amount $WNT.. So the more devices, the higher TVL.. And the higher price valuation it will have
4/ Business model generating solid revenue due it's massive market potential & demand: 522M without internet acces in Africa.
-Projected revenue 5M
-25,000+ Users
-235,000+ Sessions
Roadmap done. Newest product: City Wifi
Focus: Globalizing, but building a base in Africa first
-Projected revenue 5M
-25,000+ Users
-235,000+ Sessions
Roadmap done. Newest product: City Wifi
Focus: Globalizing, but building a base in Africa first
5/ International team with experience working for some of Africa’s largest entities, including KPMG, Chevron, Nielsen, and MTN Group
CEO Ugochukwu Aronu also founded a #Crypto banking platform: @xendfinance (funded by @binance, @sandeepnailwal & @Google)
medium.com
CEO Ugochukwu Aronu also founded a #Crypto banking platform: @xendfinance (funded by @binance, @sandeepnailwal & @Google)
medium.com
@xendfinance @binance @sandeepnailwal @Google 5/ VC's & Partners
Wicrypt’s raised $1.5 Million from enormous Venture Capital firms and prominent entrepreneurs in the crypto/blockchain space..
Prominent VC's like @AU21Capital & @sandeepnailwal that founded @0xPolygonLabs ss
Wicrypt’s raised $1.5 Million from enormous Venture Capital firms and prominent entrepreneurs in the crypto/blockchain space..
Prominent VC's like @AU21Capital & @sandeepnailwal that founded @0xPolygonLabs ss
@xendfinance @binance @sandeepnailwal @Google @AU21Capital @0xPolygonLabs @Dr_Healthykev06 @2mrpc @Fwiz @MetaVixensNFT @BarryBlockchain @Crypt0minder @Thecryptolord_ 5/ Partners
Success and achieving mass adoption depend heavily on strong partnerships to expand the target group.
Wicrypt formed an exclusive partnership with the city of Enugu, Nigeria. This partnership enables offering last-mile internet service to the citizens of Enugu.
Success and achieving mass adoption depend heavily on strong partnerships to expand the target group.
Wicrypt formed an exclusive partnership with the city of Enugu, Nigeria. This partnership enables offering last-mile internet service to the citizens of Enugu.
@Wicrypt partnered with @peaqnetwork to democratize internet access. Wicrypt will be able to distribute its devices through PEAQ blockchain for faster adoption. They also received a grant. Ecosystem includes big businesses like @Tesla, @BoschGlobal, @Sony, &@Jaguar.
6/ Tokenomics & CA
- $WNT on @QuickswapDEX & @MEXC_Official
- 400K MC
- 33% Circ Supply Staked
- Approx 50% community rewards (10yr runthrough)
- #DePiN tokenomics structure implemented due it's mining-reward mechanism to achieve network's growth.
dextools.io
- $WNT on @QuickswapDEX & @MEXC_Official
- 400K MC
- 33% Circ Supply Staked
- Approx 50% community rewards (10yr runthrough)
- #DePiN tokenomics structure implemented due it's mining-reward mechanism to achieve network's growth.
dextools.io
I spoke with the CEO regarding the tokenomics:
Wicrypt has paused the vested schedule's team part untill bear market fully kicked off.
They also refunded private investors for over $150,000, because they were selling too early. No BS mentality. Only long-term vision.
Wicrypt has paused the vested schedule's team part untill bear market fully kicked off.
They also refunded private investors for over $150,000, because they were selling too early. No BS mentality. Only long-term vision.
7/ Wicrypt won the finals of the @LEAPandInnovate 2023 with judges like @karren_brady & @jamescaan, receiving a grant of $150,000.
They are trusted by the most reputable VCs around, the biggest African telecommunications enterprises, governments, and have won reputable awards.
They are trusted by the most reputable VCs around, the biggest African telecommunications enterprises, governments, and have won reputable awards.
8/ #DePiN will be a fundemental part of becoming decentralized as a whole blockchain ecosystem. Still very unspoken, but It's starting to gain more and more attraction and will definitely blow up in the next bullcycle🦬
Thread from @Karamata22 regarding the importance of DePiN👇
Thread from @Karamata22 regarding the importance of DePiN👇
OGs that might be interested in this undervalued 400k #DePiN mc gem 👆 (Click & scroll 👆)
@XMaximist
@HanzoYasunaga
@CryptoWizardd
@CryptoMocro_
@V2Chenz
@EricCryptoman
@AlphaSeeker21
@Mikee_93
@Maythous
@fitforcrypto_
@TheCryptoKazi
@blockchain_goat
@RvCrypto
@XMaximist
@HanzoYasunaga
@CryptoWizardd
@CryptoMocro_
@V2Chenz
@EricCryptoman
@AlphaSeeker21
@Mikee_93
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@fitforcrypto_
@TheCryptoKazi
@blockchain_goat
@RvCrypto
More OGs friends that might be interested in this undervalued gem
@lets_DYOR
@Karamata22
@LisaFlorentina9
@MarcoPoloMaps
@CryptoLuga
@Mikee_93
@cryptotom1111
@Tanaka_L2
@CryptArchitect_
@leilanibabiez
@DefiVampire
@fabinacci_
@Thecryptolord_
@benny_options
@HiYield_xyz
@lets_DYOR
@Karamata22
@LisaFlorentina9
@MarcoPoloMaps
@CryptoLuga
@Mikee_93
@cryptotom1111
@Tanaka_L2
@CryptArchitect_
@leilanibabiez
@DefiVampire
@fabinacci_
@Thecryptolord_
@benny_options
@HiYield_xyz
(Potential) Investors of bullish #DePiN gems that could be the interested in this undervalued 400k mcap gem (Click & scroll 👆)
$HNT
$WIFI
$VET
@ChirpDeWi
$IOTX
$IOST
$DIGIBYTE
$DATA
$NOIA
$ZCN
$NODL
$FIL
$RNDR
$AKT
$FLUX
$AKT
$HNT
$WIFI
$VET
@ChirpDeWi
$IOTX
$IOST
$DIGIBYTE
$DATA
$NOIA
$ZCN
$NODL
$FIL
$RNDR
$AKT
$FLUX
$AKT
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