Wifi Coin is a cryptocurrency belonging to the W-WIFI network. The W-WIFI network is an essential blockchain-based, wireless mesh network that aims to enable smart devices to get connected anywhere in the world. Without any costly satellite location hardware or pricey cellular plans, decentralized internet access is given to individuals via the W-WIFI Hotspot driven by blockchain. Through the W-WIFI mobile app, people can use hotspots and check WIFI balance and token earnings. Within the W-WIFI network, each transaction happens securely on-chain within the blockchain. On-chain transactions mean cryptocurrency transactions that happen on the blockchain and stay dependent on the condition of the blockchain for their actuality. W-WIFI uses the Ethereum blockchain for the platform’s cryptocurrency transactions and smart contracts.

Users can use the application to access any W-WIFI-permitted network, locate the signal near the site, and use the WIFI tokens by spending for shopping or different franchises. W-WIFI platform provides an earn-while-you-connect plan that helps to ensure secure, confidential, and good Wi-Fi connection. The plan is essential, particularly in regions facing slow loading speed, low bandwidth rates, and data vulnerability. The platform addresses these problems via a decentralized method.

According to the whitepaper, WIFI is a vital ERC-20 token that utilizes the Ethereum blockchain. As an essential ERC20 token, WIFI has identical specifications as other tokens that fall in the same class. The token obeys all the current rules established by the Ethereum network. WIFI aims to be primarily utilized as a tool for payment for purchasing network access, trading, and awards for miners after being successfully documented in the partner exchanges.

WIFI is utilized to purchase or pay for the premium services available in the W-WIFI network. With WIFI, participants get the chance to convert the token into WIFI points for purchasing things that the partner vendors and franchises of the token provide. Also, if the participant chooses not to alter the tokens into points, the participant can opt to trade the tokens on WIFI’s listed exchange.

As per the website, David Young is the CEO of the WIFI network. David has vast experience in digital market development, corporate leadership, and blockchain technology.